Pricing Actuary - Workplace Savings at LegalAndGeneral

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

22 Apr, 26

Salary

0.0

Posted On

22 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Pricing Strategies, Data Analysis, Stakeholder Management, Actuarial Techniques, Pension Products, Analytical Skills, Project Management, Commercial Acumen, Risk Control, Communication Skills, Market Insight, Collaboration, Strategic Thinking, Judgement, Proactive Approach, Customer Focus

Industry

Financial Services

Description

Company Description Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Who we are Our Retail business supports customers throughout their lives, to help them save, plan, protect and enjoy retirement. We’re a leading provider of retirement and protection solutions. We aim to support our c.12.8 million policyholders and workplace members throughout their lifelong financial journeys. We focus on helping the customers of today and tomorrow achieve better long-term outcomes. We either talk with them directly or work with intermediaries and employers to meet their needs. We use the latest technology to connect with them quickly, efficiently and wherever possible in highly personalised ways. Job Description We're looking for a Pricing Actuary to join our DC & Workplace Savings team. In this role you will play a pivotal part in shaping pricing strategies by partnering with our commercial, product, and distribution teams. You will use your technical expertise to analyse pricing performance, assess market competitiveness, and influence strategic pricing choices to help optimise customer outcomes, strengthen our proposition, and ensure we continue to deliver solutions that are both commercially robust and aligned with customer needs. This is an exciting opportunity for an actuary who enjoys combining analytical rigour with stakeholder collaboration, and who is motivated by shaping meaningful outcomes in a dynamic and evolving market. We offer a hybrid working arrangement, which gives you the flexibility to balance working from home with time in our London office to help you achieve a work-life balance that works for you. What you'll be doing: Delivering accurate pricing for new and existing Workplace schemes in line with Group standards and policies Developing and maintaining robust commercial models and pricing strategies that support profitability and growth Supporting wider commercial activities including illustration projections and bespoke pricing requests Preparing and challenging Management Information to optimise end-to-end value for the business Collaborating with Distribution and Pricing teams to ensure strategic alignment in pricing decisions Providing challenge and insight to continuously improve pricing basis and maintain competitive rates Identifying pricing structures that could lead to customer harm and ensuring fair value across cohorts Using data analysis and market insight to guide pricing decisions and respond to regulatory developments Qualifications Who we're looking for: Qualified actuary with strong technical and commercial acumen Deep knowledge of actuarial techniques and pension products Advanced analytical skills with experience in data manipulation and interpretation Ability to present complex information in clear, non-technical language Strong stakeholder management and influencing skills across multiple teams Experience leading projects and managing priorities in a dynamic environment Strategic thinker with sound judgement and attention to risk control Flexible and proactive approach with a drive to deliver high-quality outcomes 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 Healthcare Plan 27 days holiday, plus public holidays. 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 At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 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 care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 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. Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US) L&G Business Unit: Legal & General Retail L&G sub Business Unit: RETAIL - CENTRAL Primary Location: Hove, One City Park Job Family: Actuary

Responsibilities

The Pricing Actuary will deliver accurate pricing for Workplace schemes and develop robust commercial models to support profitability. They will collaborate with various teams to ensure strategic alignment in pricing decisions and continuously improve pricing structures.