Analyst

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 business is the UK’s longest-serving active bulk annuity provider.

Who we are  

Institutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present day. Our UK retirement annuity book stands at an estimated £86.1 billion at 31 December 2023. 

Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us. 

Job Description

Legal & General Institutional Retirement supports over one million customers with retirement solutions, helping defined benefit pension schemes manage their annuity liabilities through buy-out, buy-in and longevity insurance arrangements. We’re looking for an Analyst to support digital change across business and IT projects within our Pensions Risk Transfer business.

This is a great opportunity for someone who enjoys getting under the skin of business problems, working closely with stakeholders, and shaping practical digital solutions that improve outcomes for customers and colleagues.

What you'll be doing:

• Identifying digital business opportunities through strong stakeholder relationships
• Leading requirements elicitation across business and IT change activity
• Defining business problems, opportunities, analysis activities and key deliverables
• Documenting requirements and maintaining clear traceability through the project lifecycle
• Validating requirements with stakeholders and securing appropriate approvals
• Reviewing proposed solutions against strategy, risks and assumptions
• Evaluating deliverables, including third-party outputs, to ensure they are fit for purpose
• Embedding customer outcomes, conduct risk and Treating Customers Fairly principles into day-to-day activity

Who we're looking for:

• Experience as a Business Analyst within digital, IT change or transformation environments
• Strong requirements elicitation, documentation, validation and traceability skills
• Confident stakeholder management, communication and influencing ability
• Ability to review solutions critically and make clear recommendations
• Strong customer focus and understanding of process improvement
• Ability to self-manage and work effectively in a flexible, outcome-focused environment
• Business Analysis certification, diploma or equivalent experience
• Pensions, annuities or UK pensions market knowledge would be helpful but not essential, subject to hiring manager confirmation

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 many discounts we offer – both for our own products and at a range of high street stores and online
• We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience

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Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 

If you join us, you’ll be part of a welcoming, inclusive 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 care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.