We have a great opportunity for a part qualified actuary to join our Retail Protection team here at L&G.

In this role you will support the Risk Pricing team to maintain L&G as one of the UK’s leading market providers of Individual Protection products. You will do this by helping to develop and deliver experience investigations, assumption settings and methodologies to enable Retail Protection to meet its business goals.

This would be an ideal opportunity for a data oriented individual who has a keen interest/experience with coding & development (preferably through the use of SAS and/or R).

This is a hybrid working opportunity that will allow you to work effectively from home or the office. 

Please Note: this role will entail weekly travel to our newly refurbished Hove Office.

• Developing and maintaining the data integrity of an experience analysis system for the Retail Protection business to ensure that key data is easily accessible for use within the wider Commercial team. 
• Interpreting the results of the experience investigations to develop and refine the pricing and best estimate basis, using data analysis and modelling techniques.
• Maintaining and managing the existing suite of products and assisting in the delivery of new projects and initiatives developed within the business unit.
• Assisting in the development and integration of the risk framework to ensure that it meets the necessary requirements.
• Developing new and existing products by providing data analysis expertise and any additional support as required.
• Using Actuarial, Machine Learning and/or Statistical techniques to create new scalable solutions to business problems.

• A part qualified actuary who is making good exam progress.
• Previous experience of assumption setting within a Life Insurance, Reinsurance or Consultancy environment would highly advantageous.
• Knowledge of a relevant actuarial/statistical modelling platform (e.g. Emblem) and data manipulation tools (e.g. SAS or R) would be highly advantageous.
• An understanding of Individual Protection products and the key issues associated with this product would be highly advantageous.
• Conceptual thinking ability with the ability to solve hard, abstract problems with smart, creative and elegant solutions, with a preference for simplicity.
• Knowledge and understanding of Microsoft Office applications, including the ability to manipulate complex spreadsheets and VBA code.
• Effective planning & organisation skills with the ability to manage own time and appropriately prioritise multiple demands, disciplines and functions.
• Ability to build effective relationships with stakeholders and colleagues to support the delivery of key projects on time.

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.

Legal & General runs a highly regarded Actuarial Rotations Programme for students, which you will be a part of. The role you are applying to is part of our rotational program, designed to further develop and enhance your skills, and as part of this program you will be expected to rotate in both of our sites in London and Hove. 

For internal candidates, please note that your application will be shared with the L&G Chief Tutor. This is your name only and for rotation purposes.