MI Analyst

Recruiter
Legal & General
Location
Hove
Salary
31000.00 GBP Annual
Posted
11 Oct 2017
Closes
08 Nov 2017
Function
Consultant
Contract Type
Permanent
Hours
Full Time


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  • Company Info
  • 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.
  • Department Info
  • At Legal & General Insurance we look after our customers throughout life, death and everything in between so that you know that everything that's important to you is protected. With over 180 years' experience in providing Insurance policies, our customers trust us to be there and to do the right thing.
  • Job Duties
  • MI / Monitoring: Develop, interpret and manage the production of MI for the key performance drivers of the business. Use this to monitor demographic and financial experience on an on-going basis.

    Within this:

    Analyse large volumes of data to objectively identify trends and draw appropriate conclusions.

    Ensure rigorous processes and checks are maintained to enable accurate analysis and reporting.

    Assist in the development and up-keep of the analysis systems, such as Excel, SQL, SAS MI and Prophet.

    Continually seek opportunities to deliver improvements in efficiency, accuracy and business insight.

    Data integrity: Implement monitoring and controls to ensure appropriate levels of policy and accounting data integrity for actuarial reporting. Seek improvements to data quality, by contributing to system developments and by working with internal & external customers.

    Pricing / Profitability: Support development of pricing strategies, for new and existing products and features, that enable growth in market share, whilst maintaining required levels of profitability and return on capital, all in line with the Treating Customers Fairly policy.

    Risk: Identify and document risks relating to the existing portfolio and new business.

    General business support: Provide support as required to support the WHP business and wider onward relationships. In particular, work with Distribution and Operations to develop and maintain useful MI to allow them to monitor the performance of their teams, and the performance of the business.

    Pricing / Profitability: Support development of pricing strategies, for new and existing products and features, that enable growth in market share, whilst maintaining required levels of profitability and return on capital, all in line with the Treating Customers Fairly policy.

    Risk: Identify and document risks relating to the existing portfolio and new business.

    General business support: Provide support as required to support the WHP business and wider onward relationships. In particular, work with Distribution and Operations to develop and maintain useful MI to allow them to monitor the performance of their teams, and the performance of the business.
  • Skills Required
  • Ability to analyse & interpret data, with contextual overview, and present the conclusions in non-technical language

    Appreciation of how assumption and pricing recommendations will impact core financial metrics

    Preferably with prior knowledge of Workplace Health & Protection products.

    Prior Excel knowledge is essential, and other systems knowledge (e.g. SQL, SAS) would be an advantage.

    Balances strategic goals with immediate priorities, setting clear targets to achieve progress against both

    Commercial attitude and good inter-personal skills

    Takes ownership, delivers with drive & enthusiasm, deals with change in their stride
  • Benefits
  • 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.