ALM Associate in London

ALM Associate in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Gallagher Benefit Services

At a Glance

  • Tasks: Design investment solutions and evaluate risks to help clients thrive financially.
  • Company: Join Gallagher, a leader in creating better workplaces and empowering people.
  • Benefits: Enjoy 25+ days holiday, health plans, and exciting career growth opportunities.
  • Other info: Inclusive culture that values diversity and supports your personal growth.
  • Why this job: Make a real impact in financial markets while collaborating with passionate experts.
  • Qualifications: CFA Charter holder or working towards it, with experience in investment consultancy.

The predicted salary is between 60000 - 80000 £ per year.

At Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them.

We’re looking for an Asset & Liability Management (ALM) Specialist to join our team in London. You’ll use cutting-edge tools and in-house software to help our clients’ investments meet their needs. This is a chance to make a real difference by designing solutions that reduce risk and improve returns.

How you'll make an impact:

  • Model asset classes like equities, bonds, credit, derivatives, hedge funds, and alternatives.
  • Design and implement capital market and liability-driven investment (LDI) solutions.
  • Evaluate risks in pension funds and institutional investor portfolios.
  • Stay on top of market trends and key developments.
  • Work closely with investment consultants to deliver tailored advice.
  • Plan projects, discuss approaches, and provide fee recommendations.
  • Develop ongoing investment strategies that align with client goals and market changes.

About You:

You’ll thrive in this role if you:

  • Are a CFA Charter holder, FIA/AIA, or working towards these qualifications.
  • Have 5–8 years of experience in investment consultancy or life insurance.
  • Are passionate about financial markets.
  • Have experience modelling asset classes or pension fund liabilities.
  • Are analytical and enjoy challenging assumptions.
  • Pay attention to detail and deliver high-quality work.
  • Work well both independently and as part of a team.

It’s a plus if you:

  • Have experience with actuarial longevity or mortality modelling.
  • Have research experience, whether academic or practitioner-led.
  • Are curious and love experimenting with new ideas.
  • Learn quickly and adapt to new challenges.
  • Have a hands-on approach and a collaborative mindset.

Location: This role is based in London. Applicants must already have the legal right to work in the UK.

Compensation and benefits:

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
  • Defined contribution pension scheme, which Gallagher will also contribute to.
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
  • Income protection, we’ll cover up to 50% of your annual income, with options to top up.
  • Health cash plan or Private medical insurance.
  • Other benefits include:
    • Three fully paid volunteering days per year.
    • Employee Stock Purchase plan, offering company shares at a discount.
    • Share incentive plan, HMRC approved, tax effective, stock purchase plan.
    • Critical illness cover.
    • Discounted gym membership, with over 3,000 gyms nationally.
    • Season ticket loan.
    • Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
    • Emergency back-up family care.
    • And many more…

We value inclusion and diversity:

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com. If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

ALM Associate in London employer: Gallagher Benefit Services

Gallagher Benefit Services is an exceptional employer that fosters a collaborative and inclusive work culture, where your contributions truly matter. With a commitment to employee growth, we offer extensive benefits including a minimum of 25 days holiday, a defined contribution pension scheme, and opportunities for professional development in the vibrant city of London. Join us to be part of a community that values diversity, encourages curiosity, and empowers you to make a meaningful impact in the world of work.

Gallagher Benefit Services

Contact Details:

Gallagher Benefit Services Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land ALM Associate in London

Tip Number 1

Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings at Gallagher or elsewhere.

Tip Number 2

Prepare for interviews by researching Gallagher’s values and recent projects. Show us you’re not just another candidate; demonstrate how your skills align with our mission to create meaningful change in workplaces. Tailor your responses to reflect our community spirit!

Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in asset and liability management clearly. The more comfortable you are discussing your expertise, the more confident you’ll feel during the real deal.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at Gallagher. Let’s make that connection happen!

We think you need these skills to ace ALM Associate in London

Asset Modelling
Investment Consultancy
Risk Evaluation
Capital Market Solutions
Liability-Driven Investment (LDI)
Financial Market Knowledge
Analytical Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the ALM Associate role. Highlight your relevant experience in investment consultancy and any qualifications like CFA or FIA/AIA that you have or are working towards.

Show Your Passion:Let us see your enthusiasm for financial markets! Share specific examples of how you've engaged with market trends or tackled challenges in your previous roles. This will help us understand your genuine interest in the field.

Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate well-structured applications that get straight to the point while showcasing your skills and experiences.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Gallagher Benefit Services

Know Your Numbers

As an ALM Associate, you'll be dealing with complex financial data. Brush up on your knowledge of asset classes like equities and bonds, and be prepared to discuss how you would model these in real-world scenarios. This shows you're not just familiar with the theory but can apply it practically.

Show Your Passion for Financial Markets

Gallagher is looking for someone who is genuinely passionate about financial markets. Be ready to share your insights on current market trends and how they could impact investment strategies. This will demonstrate your enthusiasm and commitment to the role.

Prepare Thoughtful Questions

Interviews are a two-way street! Prepare insightful questions about Gallagher's approach to risk evaluation and investment strategies. This not only shows your interest in the company but also helps you assess if it's the right fit for you.

Highlight Your Collaborative Spirit

Since the role involves working closely with investment consultants, emphasise your teamwork skills. Share examples of past collaborations where you successfully contributed to a project, showcasing your ability to work well both independently and as part of a team.