At a Glance
- Tasks: Lead ALM reporting, analyse financial data, and enhance reporting processes.
- Company: Join Legal & General, a leading UK financial services group with a rich history.
- Benefits: Enjoy competitive salary, performance bonuses, generous holiday, and healthcare plans.
- Other info: Flexible working options available, fostering an inclusive and collaborative culture.
- Why this job: Make a real impact in finance while developing your actuarial skills in a supportive environment.
- Qualifications: Nearly or newly qualified actuary with strong analytical and communication skills.
The predicted salary is between 49500 - 60500 £ per year.
Company Description
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.
Job Description
We are looking for an ALM Reporting Actuary to lead responses to daily and ad hoc ALM questions as well as own and explain the weekly asset and liability information used across Institutional Retirement Finance. This role is for someone who can combine actuarial judgement with strong asset knowledge, turn complex movements into clear insight and improve the technology and controls behind reporting. We welcome candidates from life insurance and pensions, as well as relevant investment, banking or consulting backgrounds where the underlying ALM and actuarial knowledge is strong.
What you'll be doing:
- Leading accurate, timely responses to daily and ad hoc ALM requests alongside ownership of weekly ALM MI
- Reviewing changes in interest rate and inflation exposures and explaining P&L movements
- Assessing the ALM impact of proposed trades, new assets, new PRT schemes and reinsurance activity
- Producing concise analyses of change and escalating unusual results
- Turning technical outputs into clear stakeholder communication and decision insight
- Strengthening reporting processes, controls, governance and documentation
- Developing automation and technology-enabled reporting solutions
- Supporting changes to systems, methods and the connection between weekly and month-end reporting
Who we're looking for:
- Nearly or Newly Qualified Actuary
- Strong understanding of investments, ALM, asset models, hedging or market risk
- Experience producing, reviewing or analysing actuarial or financial reporting
- Ability to explain movements and technical conclusions clearly to non-specialists
- Strong Excel and data analysis skills
- Evidence of ownership and delivery under regular deadlines
- Confidence working across actuarial, investment, risk and finance teams
- Interest in automation, with Python, R or similar experience welcomed
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
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.
ALM Reporting Actuary in London employer: Legal & General Investment Management
Legal & General (L&G) is an exceptional employer, offering a dynamic work environment where innovation thrives and collaboration is key. With a strong commitment to employee growth, L&G provides extensive benefits including a competitive bonus plan, generous pension contributions, and flexible working options, all while fostering a culture that prioritises fair customer outcomes and sustainability. Located in the UK, employees can enjoy modern offices designed for collaboration, alongside opportunities to engage in meaningful projects that contribute to building a better society.
Contact Details:
Legal & General Investment Management Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land ALM Reporting Actuary in London
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We think you need these skills to ace ALM Reporting Actuary in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Legal & General Investment Management.
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How to prepare for a job interview at Legal & General Investment Management
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Legal & General Investment Management.
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Since this is a full-time position, employers at Legal & General Investment Management will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Legal & General Investment Management employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
