Actuarial Analyst — Pension Risk Transfer Pricing in London
Actuarial Analyst — Pension Risk Transfer Pricing

Actuarial Analyst — Pension Risk Transfer Pricing in London

London Full-Time 30000 - 40000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support bulk annuity and longevity quotations for pension schemes in a fast-paced environment.
  • Company: Join an award-winning team focused on innovative pension risk transfer solutions.
  • Benefits: Competitive salary, full study support, generous holiday, and electric car scheme.
  • Other info: Dynamic role with excellent career progression and commitment to sustainability.
  • Why this job: Deepen your actuarial knowledge while making a real impact in the pensions industry.
  • Qualifications: Part-qualified actuary with experience in Defined Benefit schemes and strong attention to detail.

The predicted salary is between 30000 - 40000 £ per year.

We’re looking for talented Actuarial Analysts/Senior Analysts to join our award-winning Pension Risk Transfer (PRT) Pricing & Execution team. Working in our Pricing & Execution team is an excellent opportunity to deepen your technical pensions knowledge, develop commercial understanding and gain exposure to a fast‑paced, purpose‑driven environment. In this role you’ll play an important part in supporting the delivery of bulk annuity and longevity quotations for pension scheme de‑risking activity. You will also have the opportunity to get involved with project work that supports our ongoing commitment to providing innovative and creative de‑risking solutions to the market.

What you'll be doing:

  • Supporting the production of bulk annuity and longevity quotations for pension schemes in a timely and proactive manner.
  • Ensuring quotes are produced with a high level of accuracy and aligned with our pricing models.
  • Helping to deliver value and volume‑based new business targets for PRT.
  • Further developing technical pensions and market knowledge to support your ongoing actuarial career progression.
  • Providing high‑quality support to Managers and Directors across the quotation process.
  • Working in accordance with established governance frameworks, quality controls and pricing procedures.
  • Producing initial drafts of responses to requests for quotations and benefit specifications.
  • Contributing creative and customer‑focused ideas to support innovative pricing and quotation solutions.

Who we're looking for:

  • Part‑qualified actuary who is making good progress with actuarial exams.
  • Experience/Knowledge of Defined Benefit pension schemes, pricing or capital modelling.
  • Previous experience with actuarial modelling in consultancy, insurance or de‑risking environments (highly desirable).
  • Ability to work quickly, accurately and with strong attention to detail.
  • Strong verbal and written interpersonal and communication skills, with a collaborative approach.
  • Strong organisational and time‑management skills, including the ability to balance multiple priorities.
  • Experience contributing to project or deal‑based work (desirable).
  • A proactive mindset with curiosity, problem‑solving skills and a commitment to learning.

Benefits:

  • Competitive salary & full study support.
  • The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes.
  • Generous pension contribution.
  • Life assurance.
  • Healthcare Plan.
  • 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.
  • Participation in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice.
  • Discounts on our own products and a range of high street stores and online retailers.
  • Commitment to creating net‑zero carbon workplaces by 2030 through investment in sustainable, modern offices across the UK.

Actuarial Analyst — Pension Risk Transfer Pricing in London employer: Legal & General

Join our award-winning Pension Risk Transfer Pricing & Execution team, where you'll thrive in a fast-paced, purpose-driven environment that fosters technical growth and commercial understanding. With competitive salaries, full study support, and a commitment to sustainability, we offer generous benefits including performance-related bonuses, healthcare plans, and opportunities for career progression, making us an excellent employer for aspiring actuaries.
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Contact Detail:

Legal & General Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Analyst — Pension Risk Transfer Pricing in London

Tip Number 1

Network like a pro! Reach out to current or former employees in the actuarial field, especially those who have worked in pension risk transfer. They can provide insider tips and might even refer you for open positions.

Tip Number 2

Prepare for interviews by brushing up on your technical pensions knowledge. Be ready to discuss how your skills align with the role and share examples of your problem-solving abilities in real-world scenarios.

Tip Number 3

Showcase your proactive mindset! During interviews, highlight instances where you've taken initiative in past projects or studies. This will demonstrate your commitment to learning and growth in the actuarial field.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.

We think you need these skills to ace Actuarial Analyst — Pension Risk Transfer Pricing in London

Actuarial Knowledge
Pensions Knowledge
Pricing Models
Attention to Detail
Interpersonal Skills
Communication Skills
Organisational Skills
Time Management
Project Management
Problem-Solving Skills
Curiosity
Collaboration
Actuarial Modelling
Defined Benefit Pension Schemes

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Actuarial Analyst role. Highlight your experience with Defined Benefit pension schemes and any relevant actuarial modelling work you've done. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pensions and how you can contribute to our Pricing & Execution team. Be sure to mention any specific projects or experiences that relate to the role.

Show Off Your Attention to Detail: In this role, accuracy is key. When submitting your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their work is polished and professional!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Legal & General

Know Your Numbers

Brush up on your actuarial knowledge, especially around Defined Benefit pension schemes and pricing models. Be ready to discuss how you’ve applied this knowledge in previous roles or projects, as it shows you’re not just book-smart but also practical.

Showcase Your Problem-Solving Skills

Prepare examples of how you've tackled complex problems in past experiences. This role requires a proactive mindset, so highlight instances where you’ve contributed creative solutions or improved processes in your previous work.

Communicate Clearly

Strong verbal and written communication skills are key. Practice explaining technical concepts in simple terms, as you may need to convey complex ideas to non-actuarial colleagues. This will demonstrate your ability to collaborate effectively.

Time Management is Key

Be prepared to discuss how you manage multiple priorities and deadlines. Share specific strategies you use to stay organised and ensure accuracy in your work, as this role demands a high level of attention to detail and timely delivery.

Actuarial Analyst — Pension Risk Transfer Pricing in London
Legal & General
Location: London

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