Liability Data Analyst

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.

L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.

Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.

Job Description

We are seeking a dedicated and detail-oriented Liability Data Analyst to join our Liability Data, Pension Risk Transfer team. This role is crucial in ensuring the accuracy and integrity of data throughout the transaction lifecycle, supporting both internal and external stakeholders. If you have a passion for data management and a keen eye for detail, we would love to hear from you.

What you'll be doing:

• Taking responsibility for operational data management including data cleansing, validation, transformation, integration, and mining
• Consulting with internal customers to understand their requirements and deliver the required solutions
• Working with internal partners to improve the quality of data on all systems
• Supporting the testing and documenting of processes to ensure consistency and alignment with UK PRT requirements
• Following agreed processes to maintain a full audit trail of all benefit and data items
• Keeping internal customers and relevant third parties updated on key information impacting their processing
• Ensuring accurate data is passed on to relevant downstream users for loading to core administration systems
• Supporting Pension Risk Transfer Transactions from end to end

Qualifications

Who we're looking for:

• Degree level or demonstrable equivalent experience in analytics field
• Pension Qualification (such as PMI) or demonstrable equivalent experience is desirable
• Understanding of defined benefit pension schemes is beneficial
• Proven technical aptitude and knowledge of relevant legislation (GDPR, Money Laundering, Complaints, Treating Customers Fairly)
• Highly customer-focused with the ability to maintain and improve relationships with internal and external customers
• Advanced user experience in MS Excel
• Familiarity with programming code such as Alteryx, Python, or SQL is beneficial
• Experience in delivering best practice MI solutions (e.g., highlight reports, management dashboards)

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 (permanent employees only)
• 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
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• 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

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming 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 strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.