At a Glance
- Tasks: Develop climate scenarios and advise investment teams on climate risk strategies.
- Company: Join Legal & General, a leading global asset manager committed to responsible investment.
- Benefits: Enjoy flexible working, generous holidays, and an electric car scheme.
- Why this job: Make a real impact on climate solutions while collaborating with diverse teams.
- Qualifications: Knowledge of climate change, finance, and strong Excel skills required.
- Other info: Be part of a culture that values integrity, diversity, and career development.
The predicted salary is between 21600 - 36000 £ per year.
Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore to Chicago and major European financial hubs.
We’re recruiting for a Climate Modeller to join the Climate Solutions Team in our Asset Management arm. The team is responsible for modelling, implementing and communicating climate response strategies for our clients, and embedding climate factors into all of LGIM's investment areas. The team works in collaboration with investment stewardship and distribution teams in raising LGIM’s public profile in the sphere of climate integration, researches energy transition investment opportunities and develops climate impact investing strategies.
What you’ll be doing:
- Developing climate scenarios, climate risk, temperature alignment and related metrics through enhancement of the LGIM climate modelling toolkit.
- Working with colleagues in the Legal & General Group function to support their use of the LGIM climate modelling toolkit for reporting and strategy.
- Identifying and engaging with movements in the climate and nature reporting space and developing positions on the key questions around data quality and use.
- Advising investment teams on using and understanding the LGIM climate risk toolkit, helping embed climate risk into our investment process.
- Developing effective outreach materials (presentations, whitepapers, blogs) for internal and external consumers of our climate data and analysis.
- Supporting the CIO office on climate, nature and energy related matters and wider strategy.
- Identifying investment opportunities from the climate transition.
Qualifications:
- Detailed knowledge and understanding of climate change, energy systems, carbon pricing and policy, and climate risk (transition and physical).
- An understanding of corporate finance theory, especially within an investment context.
- Knowledge of macroeconomics, especially an understanding of macroeconomic modelling and the ability to interpret macroeconomic data.
- Understanding of regulation and government policy with respect to climate change at a global level.
- Broad awareness of the asset management/capital markets industry and the different challenges climate change poses for clients.
- Strong technical skills, especially modelling in Excel, and ideally other modelling environments (particularly SQL, R and/or Python).
- Confident and capable communication and presentation skills, with experience presenting in a professional context.
- Happy to work independently and in a structured and organised fashion. Capable of multi-tasking and managing short- and long-term projects simultaneously.
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.
- Private medical insurance (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.
- There are 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.
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 discuss 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.
Contact Detail:
Legal & General Investment Management (LGIM) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Climate Modeller
✨Tip Number 1
Familiarise yourself with the latest climate change policies and regulations, especially those relevant to investment. This knowledge will not only help you understand the role better but also demonstrate your commitment to the field during discussions.
✨Tip Number 2
Network with professionals in the climate finance sector. Attend industry conferences or webinars where you can meet potential colleagues and learn about current trends and challenges in climate modelling.
✨Tip Number 3
Brush up on your technical skills, particularly in Excel, SQL, R, or Python. Being proficient in these tools will set you apart and show that you're ready to contribute to the team's modelling efforts from day one.
✨Tip Number 4
Prepare to discuss how you would approach developing climate scenarios and risk assessments. Think of specific examples or case studies that illustrate your understanding and ability to apply climate modelling techniques effectively.
We think you need these skills to ace Climate Modeller
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Climate Modeller position. Tailor your application to highlight how your skills and experiences align with these requirements.
Craft a Strong CV: Your CV should clearly showcase your relevant experience in climate change, energy systems, and modelling. Use specific examples to demonstrate your technical skills, particularly in Excel, SQL, R, or Python, as well as your ability to communicate complex information effectively.
Write a Compelling Cover Letter: In your cover letter, express your passion for climate solutions and responsible investment. Discuss your understanding of climate risk and how it relates to asset management. Make sure to convey your enthusiasm for joining Legal & General and contributing to their mission.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the finance and investment sectors.
How to prepare for a job interview at Legal & General Investment Management (LGIM)
✨Showcase Your Technical Skills
As a Climate Modeller, you'll need strong technical skills, especially in Excel and possibly SQL, R, or Python. Be prepared to discuss your experience with these tools and how you've used them in previous roles to model climate scenarios or analyse data.
✨Demonstrate Your Knowledge of Climate Change
Make sure you have a solid understanding of climate change, energy systems, and carbon pricing. Be ready to discuss current trends and challenges in the climate space, as well as how they relate to investment strategies.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to develop or analyse climate scenarios. Practise explaining your thought process clearly and concisely, as this will demonstrate your ability to communicate complex ideas effectively.
✨Engage with the Company's Values
Legal & General places a strong emphasis on responsible investment and creating long-term value. Familiarise yourself with their mission and values, and be prepared to discuss how your personal values align with theirs during the interview.