Senior Pricing Analyst

4 weeks ago

Brighton UK, East Sussex, United Kingdom Legal & General Full time

Life can sometimes be unpredictable, and it pays to plan ahead. Our aim at Legal & General Retail is to help our customers plan for the unexpected, achieve financial security for their tomorrow, and protect everything that’s important to them. To better understand our customers and meet their needs, we’ve brought our protection, retirement income, savings, lending, and advice, fintech and mortgage businesses under one umbrella. Created at the start of 2022 through the merging of our long-standing and trusted retail retirement and insurance businesses, we’re a fast-growing division with big, customer-centred ambitions. 

Job Description

We’re recruiting for a Senior Pricing Analystto join Retail Protection Pricing team in Hove. We’re offering acompetitive base salary, great benefits and study support, as well as the opportunity to get involved with some exciting and cutting edge pricing work.

What you'll be doing:

  • Developing and pricing new and existing products, by providing pricing expertise and any additional support as required.
  • Developing new pricing concepts, taking into consideration pricing trends within the market.
  • Monitoring and analysing market rates to identify strategies and tactics to improve market share and new business profitability.
  • Supporting with areas of product development, commercial deals, and pricing innovations.
  • Helping to develop and update data and models used within price optimisation.
  • Summarising performance of insurance products to present to senior management to aid in decision making.
  • Improving currentprocesses through the utilisation of data analytics.
  • Maintaining appropriate documentation to support pricing procedures, analyses, decisions, processes, and controls.

Qualifications

Who we're looking for:

  • A student actuary or data scientist (if you are an actuarial student we would be open to both those who are still studying towards IFoA exams and exam stoppers/leavers)
  • A couple of years of actuarial or data science experience – preferably in a commercial pricing and/or life insurance capacity.
  • Strong IT and programming skills, with experience of Python, R, SQL and Excel being preferrable.
  • Knowledge/experience of Prophet would be an advantage, but is not required.
  • Strong analytical and problem-solving skills.
  • Ability to develop and recommend ideas.
  • Ability to work independently, under time pressure with minimal supervision.

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

  • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Private medical insurance
  • At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
  • Competitive family leave
  • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
  • There are the many discounts we offer – both for our own products and at a range of high street stores and online
  • In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information

Legal & General is a leading financial services organisation, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future. 

We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued. 

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. 

We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.

If you’re open to find out more, we'd love to hear from you.

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