At a Glance
- Tasks: Lead a team developing financial models using C++ and Python, translating complex requirements into technical solutions.
- Company: Join a forward-thinking company focused on financial modelling and analytics.
- Benefits: Enjoy competitive salary, performance bonuses, generous holiday, and health benefits.
- Other info: Opportunities for career growth and participation in sustainability initiatives.
- Why this job: Make a real impact in finance while leading a talented team in a hybrid work environment.
- Qualifications: Experience in leading technical teams and working with financial models is essential.
The predicted salary is between 60000 - 80000 £ per year.
We’re looking for a Quantitative Development Lead to join our Product Engineering team within Institutional Retirement. This is a specialist leadership role for someone who enjoys working at the point where financial modelling, software development and people leadership meet. You’ll be leading a team of developers working across C++ and Python, supporting modelling capability used across asset modelling, economic capital, market credit risk and stress testing. You’ll help translate complex business and risk requirements into clear technical delivery, while coaching a highly skilled team and improving how modelling solutions are built, supported and controlled. The role can be based in London, Hove or Cardiff, with hybrid working.
What you’ll be doing:
- Leading a team developing and supporting financial models across asset modelling, economic capital, market credit risk and stress testing
- Translating business, risk and modelling requirements into clear technical design and delivery plans
- Managing and coaching developers working across C++ and Python
- Supporting modelling capability used within pension risk transfer pricing and risk activity
- Improving model production processes to strengthen efficiency, scalability, governance and control
- Driving delivery of modelling projects and technology-enabled change initiatives
- Providing technical leadership, guidance and training across financial modelling and analytics
- Working with stakeholders to shape, scope and prioritise model enhancements
Who we’re looking for:
- Experience leading, coaching or managing technical teams
- A highly mathematical, quantitative or technical background
- Experience working with financial models, asset modelling, valuation algorithms, economic capital, market credit risk or stress testing
- C++ development experience
- Python experience or the ability to work closely with Python development teams
- Ability to translate complex business or risk requirements into technical solutions
- Comfortable working in a highly numerical environment where accuracy, checks and controls matter
- Knowledge of Solvency II / Solvency UK, Internal Model or Matching Adjustment would be beneficial
Benefits:
- 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
Quantitative Development Lead employer: Legal & General
At L&G, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Global Financial Institutions team. With generous benefits including performance-related bonuses, a robust healthcare plan, and a commitment to sustainability, we empower our employees to thrive both personally and professionally. Join us in a supportive environment where your contributions are valued, and you can grow your career while making a positive impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Development Lead
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Legal & General. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Quantitative Development Lead
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.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Legal & General's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Legal & General
✨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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Legal & General 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 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.
