Agile Working Options

Job Description Summary

Job Description

Our Insurance and Wealth division helps personal and business customers with their general insurance, protection, investment and retirement needs through some of the biggest names on the high street. We support around 10 million customers with assets under administration of £155 billion and annuity payments in retirement of over £1 billion every year.

Within General Insurance our purpose is to implement a sustainable Home Insurance commercial strategy through collaborative relationships, providing insight and understanding through data, whilst balancing customer and business needs.

Pricing and Commercial is all about understanding how our Home Insurance offering is delivering for customers, channels and LBG’s bottom line. We have to be creative, open to testing innovative ways of working and good at seeing what the numbers tell us. Building relationships and collaborating with others are important to us, and we're proud to tell you our team members are resilient, have good judgement and also a sense of humour!

Our team works out of our Leeds hub, therefore we'll need you to be based a commutable distance from this area. We work in a hybrid model, splitting our time between the office and working from home.

Some of the key activities you'll be involved in are:

• Support key trading activity within the Customer Pricing team, analysing the market and overseeing price change

• Drive forward innovation and improvements within pricing, utilising new data and enhanced modelling techniques

• Building up expert knowledge to maintain and develop our suite of pricing models

• Provision of key reports and insight to help steer pricing strategy

• Give answers to a range of technical queries, supporting the wider business and handling key partner relationships

• Representing pricing across business wide projects and coaching more junior members of the team on a day to day basis

• Identifying, managing and mitigation of any risks in a timely manner within our control framework

There is no typical day in the life of a Senior Pricing Analyst making it both an exciting and rewarding role. As pricing is a key cornerstone within the business there’s opportunity to get involved in a wide variety of business wide initiatives to provide analytical expertise and help maintain our position as a leading General Insurance home provider.

We're looking for people who have the following Skills and Experience:

Essential:

• 4 years work experience in a pricing role

• A proven understanding of actuarial modelling techniques such as Generalised Linear Modelling (GLM) and undertaking commercial evaluation

• A numerical or statistical background (evidenced through a higher qualification in a quantitative field such as Mathematics or Finance)

• Capable of delivering clear messages to partners and teams, providing clear, concise messaging to aid our colleagues understanding for colleagues

• Skilled at planning and prioritising work to meet commitments aligned with organisational goals

Desirable:

• Experience using SAS Studio, Tableau or VBA

• Experience using specialist software such as Earnix or Emblem

In return for your expertise, we'll help you perform at your best today, so you can fulfil all your potential in the future.

As well as a competitive salary, you’ll receive:

• A Discretionary Performance Share Award

• Generous pension contribution

• 28 Days leave plus bank holidays

• A flexible cash pot (4% of base salary) to spend on benefits

• Private health cover

• Share Schemes

We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Together we make it possible.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.