At a Glance
- Tasks: Lead investment strategy and optimise portfolios for better financial outcomes.
- Company: Join Legal & General, a leading UK financial services group with a rich history.
- Benefits: Enjoy competitive pay, generous holidays, healthcare, and flexible working options.
- Other info: Be part of an inclusive culture that values diverse perspectives and career growth.
- Why this job: Make a real impact in financial services while shaping innovative investment solutions.
- Qualifications: Strong experience in asset management and a deep understanding of insurance balance sheets.
The predicted salary is between 80000 - 100000 € 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. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer. Our Institutional Retirement business is the UK’s longest-serving active bulk annuity provider.
Who we are
Institutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present day. Our UK retirement annuity book stands at an estimated £86.1 billion at 31 December 2023. Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us.
Job Description
We’re looking for an experienced Head of Market Solutions to join our Institutional Retirement Investments team, leading the development and execution of investment strategy across both new business and in-force portfolios. This is a senior role at the centre of balance sheet optimisation, offering the opportunity to drive innovative solutions across asset liability management, liquidity strategy, and capital-efficient investing. You’ll collaborate with senior stakeholders across the organisation, shaping strategic direction and delivering strong, risk-adjusted outcomes aligned to long-term objectives.
What you'll be doing:
- Leading the identification and delivery of optimisation opportunities across portfolios within SAA and TAA frameworks to enhance risk-adjusted returns
- Overseeing the asset side of new business execution, including transition management and hedging of pension schemes
- Developing and driving innovative solutions for balance sheet management across hedging, liquidity and capital efficiency strategies
- Partnering with stakeholders to generate ideas that improve pricing and optimise back book performance
- Shaping and delivering investment strategy with a focus on ALM and liquidity management
- Advising on regulatory developments and leading the delivery of associated change across the business
- Building and maintaining strong relationships with teams across Asset Management, Treasury, Finance and Risk
- Embedding strong conduct risk principles and controls to ensure consistent delivery of good customer outcomes
Who we're looking for:
- Strong experience in asset liability management within insurance, asset management, or an institutional financial services environment
- Deep understanding of insurance balance sheets, capital frameworks and profit reporting regimes
- Strong knowledge of derivatives markets, including rates, FX, inflation and collateral requirements
- Strong understanding of Solvency II and broader regulatory frameworks
- Excellent analytical and quantitative capability, supported by a numerate degree or equivalent
- Proven ability to influence and collaborate with senior stakeholders across a complex organisation
- Strong commercial mindset with the ability to translate market insights into strategic outcomes
- Strategic thinker with the ability to lead through complexity and drive long-term value
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, term-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.
Head of Market Solutions in London employer: LegalAndGeneral
Legal & General (L&G) is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong commitment to employee growth, L&G provides comprehensive benefits including performance-related bonuses, generous pension contributions, and flexible working options, all within a culture that values diversity and inclusivity. Located in the UK, employees can take pride in contributing to a company dedicated to building a better future while enjoying modern, sustainable workplaces designed for collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Market Solutions in London
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, attend relevant events, and don’t be shy about asking for informational interviews. The more people you know, the better your chances of landing that Head of Market Solutions role.
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their investment strategies, recent news, and how they align with your expertise in asset liability management. Show them you’re not just another candidate, but someone who truly gets their mission.
✨Tip Number 3
Practice your pitch! Be ready to articulate your experience and how it relates to the role. Highlight your strategic thinking and ability to drive long-term value, as these are key for the Head of Market Solutions position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Head of Market Solutions in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Head of Market Solutions role. Highlight your experience in asset liability management and how it aligns with our goals at L&G. We want to see how you can bring value to our team!
Showcase Your Analytical Skills:Since this role requires excellent analytical capabilities, don’t shy away from sharing specific examples of how you've used data to drive investment strategies or optimise portfolios. We love numbers, so let them shine!
Demonstrate Stakeholder Collaboration:We’re all about teamwork here at L&G. In your application, mention instances where you've successfully collaborated with senior stakeholders. This will show us that you can navigate complex organisations and influence key decisions.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at LegalAndGeneral
✨Know Your Numbers
As a Head of Market Solutions, you'll need to demonstrate a strong grasp of asset liability management and capital frameworks. Brush up on your quantitative skills and be ready to discuss specific metrics or case studies that showcase your analytical capabilities.
✨Showcase Your Strategic Thinking
Prepare to discuss how you've shaped investment strategies in the past. Think about examples where you’ve driven innovative solutions for balance sheet management or improved pricing strategies. This will show your potential employer that you can think strategically and lead through complexity.
✨Build Relationships
Since this role involves collaborating with senior stakeholders, come prepared with examples of how you've successfully influenced and partnered with others in previous roles. Highlight your ability to communicate effectively and build strong relationships across different teams.
✨Stay Updated on Regulations
Familiarise yourself with the latest regulatory developments, especially around Solvency II and other relevant frameworks. Be ready to discuss how these regulations impact investment strategies and how you've navigated changes in the past.
