You can use Contributor or Storage Account Contributor role to create storage account management policies for Life Cycle Management
The Contributor role can read, add or edit rules in the Azure Storage Life Cycle Management. Similarly, Storage Account Contributor role also have the same permissions for Azure Storage Life Cycle Management.
Contributor role grants full access to manage all the resources whereas Storage Account Contributor role grants access to manage the storage accounts.
In your case, you can use Storage Account Contributor role
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