At a Glance
- Tasks: Design and manage tailored investment strategies for UK pension schemes and insurance clients.
- Company: Join Legal & General, a leading global financial services group with a strong commitment to sustainability.
- Benefits: Enjoy competitive salary, generous holiday, healthcare, and performance-related bonuses.
- Other info: Collaborative environment focused on innovation and positive client outcomes.
- Why this job: Make a real impact in the financial sector while working with diverse asset classes.
- Qualifications: Experience in defined benefit pension schemes and strong knowledge of investment strategies required.
The predicted salary is between 60000 - 80000 £ 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. Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets. We are one of Europe's largest asset managers and a major global investor across public and private markets. Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns. Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change.
Job Description
We're recruiting for a Senior Delegated Solutions Manager to join our Delegated Solutions team, partnering with UK pension schemes and insurance clients to design, implement and manage tailored multi-asset investment strategies aligned to their long-term funding objectives. Leveraging the full breadth of L&G Asset Management's capabilities, the team delivers sophisticated, outcome-driven solutions underpinned by deep expertise in portfolio construction, risk management and asset/liability modelling. Combining strategic insight with efficient implementation, the team integrates a wide range of asset classes, including index, multi-asset, fixed income, LDI, real assets and derivatives, into bespoke portfolios that reflect each client's unique risk profile and constraints. Through ongoing client engagement, performance monitoring and customised reporting, the team provides a holistic, end-to-end service across defined benefit, defined contribution and insurance solutions.
What you'll be doing
- Providing investment advice to DB pension scheme trustees, working closely with clients to understand requirements and deliver innovative solutions
- Conducting bespoke investment strategy analysis and risk modelling, including long-term strategy, journey planning and dynamic de-risking trigger design
- Designing and constructing portfolios, delivering detailed, scheme-specific reporting and analysis to support decision-making on investment strategy, risk and asset allocation
- Collaborating with clients and internal teams to agree and implement mandate investment guidelines
- Delivering bespoke client reporting and scheme management information in partnership with internal stakeholders
- Owning and overseeing multi-asset mandates for DB pension schemes, managing performance against liability-driven benchmarks and delegating to specialist teams across L&G Asset Management to leverage broader capabilities
- Embedding L&G Asset Management's cultural values and behaviours, promoting a "One L&G" culture and contributing to a high-performing, collaborative environment
- Supporting a strong risk and conduct culture, maintaining awareness of Consumer Duty requirements and ensuring the delivery of positive client and customer outcomes
Who we're looking for
- Understanding of defined benefit pension scheme investment environment, including typical risks and objectives, and experience of trustee decision-making processes
- Good knowledge and understanding of all major asset classes
- Understanding of derivatives & LDI
- Experience of working with pension scheme trustees in a consultancy/advisory context
- Interaction with clients on complex investment/risk concepts
- Experience of setting investment strategy and carrying out portfolio construction in a multi-asset framework
- Asset-liability modelling experience
- Experience of providing fiduciary management services to UK DB pension schemes desirable
- Hands-on multi-asset and/or LDI investment management experience desirable
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
Senior Delegated Solutions Manager employer: LegalAndGeneral
Legal & General (L&G) is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation within the financial services sector. With a strong commitment to employee growth, L&G provides extensive training opportunities, competitive benefits including generous holiday allowances and a performance-related bonus plan, and promotes a culture of sustainability through its net-zero carbon workplace initiative. Joining L&G means being part of a leading global investor dedicated to safeguarding financial futures while making a positive impact on society.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Delegated Solutions Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, sometimes it’s not just what you know, but who you know that can help you land that Senior Delegated Solutions Manager role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of defined benefit pension schemes and asset management strategies. Be ready to discuss your experience with portfolio construction and risk management. We want to see how you can bring value to L&G, so have some examples up your sleeve!
✨Tip Number 3
Showcase your expertise! Create a portfolio or presentation that highlights your past successes in managing multi-asset mandates and working with pension scheme trustees. This will give you an edge and demonstrate your ability to deliver bespoke solutions tailored to client needs.
✨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 you’re genuinely interested in joining our team at L&G. Let’s make your next career move a great one together!
We think you need these skills to ace Senior Delegated Solutions Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Delegated Solutions Manager role. Highlight your experience with defined benefit pension schemes and any relevant investment strategies you've worked on. We want to see how your skills align with our needs!
Showcase Your Expertise:Don’t hold back on showcasing your knowledge of asset classes, derivatives, and LDI. Use specific examples from your past roles to demonstrate your understanding and how you’ve successfully navigated complex investment concepts. This is your chance to shine!
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon unless it's necessary, and make sure your key achievements stand out. We appreciate straightforward communication that gets right to the heart of your experience.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at LegalAndGeneral
✨Know Your Stuff
Make sure you have a solid understanding of defined benefit pension schemes and the investment environment. Brush up on your knowledge of asset classes, derivatives, and LDI. This will help you speak confidently about the complexities of the role and demonstrate your expertise.
✨Showcase Your Experience
Prepare to discuss your previous experience working with pension scheme trustees and how you've contributed to their decision-making processes. Be ready to share specific examples of how you've set investment strategies or constructed portfolios in a multi-asset framework.
✨Engage with the Interviewers
Don’t just answer questions; engage in a dialogue. Ask insightful questions about the company's approach to risk management and client engagement. This shows that you're genuinely interested in the role and helps you assess if the company is the right fit for you.
✨Emphasise Collaboration
Highlight your ability to work collaboratively within teams. Discuss how you've partnered with internal stakeholders to deliver bespoke client reporting and manage mandates. This aligns with the company's emphasis on a 'One L&G' culture and teamwork.
