LV= GI Careers / Job Details

Principal Pricing Analyst - Actuarial


Reference: GI-786

Closing date: 30th June 2023

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About the Role

LV= General Insurance have an exciting opportunity to join our Actuarial Analysis Development team as a Principal Pricing Analyst.

As a Principal Pricing Analyst you will play a crucial role in driving innovation that adds value across the company. You will use your insurance market knowledge, pricing & Actuarial expertise to develop and implement optimisation strategies across our product range. 

As a trusted subject matter expert in your chosen field, you will act as a consultant to teams across Pricing, and provide training and mentoring to upskill colleagues. If you are looking to progress your career to the next level and take on people management responsibilities, there is also that opportunity for the right candidate.

The role will be based in our Croydon offices, with the option to work from home up to 3 days per week or other flexible working arrangements. We want the best people working at our organisation and we recognise that those people aren’t always available full-time. So if you need any adjustments, let us know during your interview. If it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.


About You

So, is this opportunity right for you?

You’ll have experience working in an insurance pricing function, and you’ll be looking to take the next step in your career to use your experience to take charge of major projects and to influence LV=’s strategy for pricing. You will look at how things are done today and identify opportunities to improve them.

You’ll be keen to learn and proactively develop your career, and we’ll provide many opportunities and support, including:

Access to the AllianzU platform for a wide range of learning resources to target the areas you want to improve

Learning resources to improve and maintain your data science skills including a company subscription to DataCamp.

Generous study support packages if you want to work towards becoming a qualified actuary or another professional qualification

The chance to be mentored by experts in the field, and to mentor junior team members in your chosen subject

Opportunities to diversify your experience across a variety of product lines and secondment opportunities to other departments across LV=

It’ll be up to you to direct your personal development, and we’ll be there every step of the way to support you and give you opportunities to put the knowledge you gain into practice!

We don't expect you to know everything from day one, but you should be able to demonstrate the following:



Actuarial qualification is desirable

Significant pricing or reserving experience

Excellent working knowledge of actuarial methods and principles, ideally in a pricing context including the use of Actuarial software. Data science skills are preferable.

Experience of working in an insurance pricing role.

An understanding of modelling techniques, including GLMs and GBMs and their application to insurance pricing.

Knowledge of price optimisation and the general insurance regulatory environment.

Thorough knowledge of Willis Towers Watson’s software Radar and Emblem or similar.

Proficiency in Excel and MS Office or equivalent applications.

Experience of planning and managing projects from inception to completion within business timelines.

A passion for sharing knowledge in an informative and engaging way to upskill the Pricing team and build LV=‘s reputation as industry leaders in pricing.


Excellent data handling skills using SAS and/or SQL. Experience in a data science programming language, preferably Python.

Knowledge of Agile project management processes.


The Details

You’ll be working with the wider Pricing team and Data Science team to develop and implement best practices. You'll deliver project work and analysis to agreed business timescales, influence and interpret project requirements from Pricing meetings and document important decisions and challenges from the senior stakeholders. In addition to this you will build and maintain relationships with teams involved in the Pricing end-to-end delivery process and across the company.

Build an automated process to project claims to ultimate using best practice technqiues, including developing a claims monitoring process

Work with various stakeholders to ensure inputs into the Forecast are robust

Co-ordinate the roll-out of the new Forecast across all Products

Work with the Technical Pricing teams to ensure the technical premium models reflect the latest view of risk

Stay abreast of industry best practice on actuarial methodologies and competitor insights

Provide guidance on the interpretation / limitations of the Pricing Forecasts

Provide input into innovative ways of carrying out Forecasting work to improve accuracy and efficiency. This might include data science techniques

Adhere to high model govenernance standards


Why Work for Us?

Exciting things are happening at LV=General Insurance (LV=GI). Having recently become part of the Allianz family, we’re proud to be one of the largest personal insurers in the UK.

Driven by our pride and passion, we will always do the right thing to inspire trust in our people and our customers. That’s why we’ve made it our mission to become Britain’s best-loved insurer, by helping people look after what they love.


About the Rewards

This role is a Senior Associate cluster in the LV= Structure. To find out more about our clusters, click to view our FAQ page here.  We want you to love what you do that’s why we’ve put together a benefits package that recognises and rewards a job well done.  

We’ll give you:

Flexible working opportunities – many of our employees job share or work part-time, flexi-time, or compressed hours. Our new hybrid working model now offers all employees the option to work from home 3 days a week and 2 days in the office.

30 days' holiday, with the option to buy up to 2 additional days

An excellent pension plan  (please click here to read more about it)

An annual bonus scheme based on company and personal performance

Private medical insurance which you can upgrade to family cover

Other flexible benefits including discounted retail vouchers and dental insurance  

25% discount off our general insurance products including home, pet and travel as well as up to 50% discount on your car insurance

To find out more about our benefits and rewards, please click here.

LV= is an equal opportunities employer who values a diverse and inclusive workplace. We recognise that people work in different ways, and we value alternative viewpoints, celebrate individuality and foster a culture where everyone can bring their true self to work. We are committed to creating a diverse workforce, we accept applications from everyone regardless of your background, beliefs, culture, gender identity, ethnicity, sexual orientation, disabilities and long term health conditions

Here at LV= we always love to hear from great people, so don’t forget to follow us on Instagram, Twitter, LinkedIn and become a fan on Facebook

Apply Now

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