Risk Pricing Analyst
| Posting date: | 23 May 2025 |
|---|---|
| Salary: | £38,257 to £46,510 per year |
| Hours: | Full time |
| Closing date: | 06 June 2025 |
| Location: | Leeds, West Yorkshire, LS1 4AP |
| Company: | Lloyds Banking Group |
| Job type: | Permanent |
| Job reference: | 135740_1748016362 |
Summary
- JOB TITLE: Risk Pricing Analyst
- SALARY: £38,257 to £46,510
- LOCATION: Leeds
- HOURS: Full-time working 35 hours per week
- WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.
About this Opportunity
We're experts in statistics, modelling and home insurance risk - helping LBG control exposure to claims risk from floods, fire, theft and more! Do you want to be one of our team?
In Risk Pricing we apply an excellent understanding of general insurance pricing techniques to the management of underwriting risk, with responsibility for setting the risk price (expected claims cost) for use in commercial and pricing decisions.
You'll carry out statistical insurance analysis of general insurance products and produce management information and supporting analysis relating to product performance, portfolio mix, regularly or ad-hoc, for use by LBG GI Senior Management.
We offer actuarial study support and the opportunity to work across both risk and customer pricing as part of this role.
About us
We're on an exciting journey and there couldn't be a better time to join us. The investments we're making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive
What you'll need
- Exceptional numerical skills
And any experience of these would be really useful
- A desire to learn and develop towards an actuarial qualification
- Experience in insurance pricing, statistical techniques such as GLM, and machine learning
- Coding experience e.g. SAS, SQL, R
- Strong Excel and VBA skills
About working for us
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.
And it's why we especially welcome applications from under-represented groups.
We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know.
We also offer a wide-ranging benefits package, which includes
- * A generous pension contribution of up to 15%
- An annual performance-related bonus
- Private medical benefit with BUPA
- Share schemes
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 24 days' holiday (increases over time), with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
- Salaries are reviewed annually on 1 April as part of our annual pay review
Ready for a career where you can have a positive impact as you learn, grow and thrive?
Apply today and find out more.
Proud member of the Disability Confident employer scheme