Actuarial Analyst

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VN-8122

Permanent

London

£31,500 to £47,000

12 May 2018

To be an active and productive member of the Pension Risk Transfer Pricing Team by working under the supervision and guidance of senior members of the team in providing quotations for pension scheme de risking activity.

  • To support Managers or Directors in providing bulk annuity and longevity quotes to pension schemes in a timely, efficient and proactive manner, working under the supervision and guidance of senior members of the team.
  • Ensuring all quotes are produced with the highest level of accuracy and within Legal & General’s pricing model.
  • Working within the Strategic Business Team under the guidance of senior members of the team to deliver against ambitious value and volume based new business delivery targets.
  • Being an active and productive member of the wider Strategic Business Team, looking to constantly develop knowledge with a view to future career progression.
  • Ensuring that the highest level of support is provided to Senior Actuarial Analysts, Managers and Directors at all times.
  • Working in line with all relevant processes and procedures ensuring that quality and governance remains of paramount importance throughout the quotes process.
  • Supporting the Manager or Director in producing the first draft of the response to “requests for quotations” and benefit specifications.
  • Working creatively throughout the quotation process to provide innovative solutions to both clients and the market that meet customers’ needs.
  • Ensure that the principles of Conduct Risk are embedded into your day to day operations to deliver good customer outcomes at all times. Ensure that all business processes and internal controls within your role are designed and performed in a way that delivers good customer outcomes and demonstrates effective management of Conduct Risk

 

  • Actuarial student required
  • Some knowledge of Defined Benefit Pension Schemes or pricing and capital modelling is desirable
  • Some previous actuarial modelling experience through working in a consultancy environment, for a life insurer or for another de-risking provider is desirable
  • Some previous experience of being part of a project/deal based team including delegation to more junior team members is desirable
  • Ability to work quickly and accurately
  • Strong communication and interpersonal skills
  • Strong project management and time management skills

“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."


Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 22 days’ (with potential to rise to 26 days) holiday, discretionary performance related bonuses, paid overtime, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.

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 for a specific location, but to further develop and enhance your skills you may be asked to rotate in future to our other site. Our sites are London and Hove.  

Our view is that this role is suitable for agile working. This means we would consider a more flexible working arrangement, where your hours and work location are managed according to business, customer and personal needs. For this role, you would be based in our London Office, but you could work in other Legal and General offices or at home, as necessary, provided this meets business needs. Details of agile working will be discussed during the interview process.

For any queries please contact kieran.ives@landg.com.  Please note applications can only be made online via the portal

About L&G

We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that’s thanks to the talented and dedicated people who work with us. For us, ‘social responsibility’ is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you’ll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.

About the business area

With around one million customers, our retail business helps turn customers’ pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.

About L&G

We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that’s thanks to the talented and dedicated people who work with us. For us, ‘social responsibility’ is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you’ll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.

About the business area

With around one million customers, our retail business helps turn customers’ pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.