At a Glance
- Tasks: Join a global team to shape investment strategies for insurance clients.
- Company: State Street Investment Management, a leader in financial services.
- Benefits: Flexible work-life support, paid volunteer days, and inclusive development opportunities.
- Other info: Dynamic environment with opportunities for international travel and collaboration.
- Why this job: Make a real impact in the insurance sector while growing your expertise.
- Qualifications: 5-10 years in asset management with strong communication skills.
The predicted salary is between 54000 - 66000 £ per year.
We are seeking an Insurance Strategist to join our insurance centre of excellence, reporting to the EMEA Insurance Strategist. As part of a specialist insurance team with a global network of colleagues, you will play a key role in executing our strategy for the insurance client segment across Europe and internationally, helping to deepen client relationships, identify business opportunities, and position investment solutions that address insurers' evolving needs.
Working closely with Global Client Coverage colleagues, investment teams, and product specialists, you will engage with insurance clients on investment strategy, asset allocation, regulatory developments, and portfolio construction. You will support a solution-oriented approach by translating insurance industry challenges into actionable investment insights and business opportunities. The successful candidate will demonstrate a strong understanding of the insurance sector, including the key regulatory, capital, and investment considerations affecting insurers.
You will contribute to the development and positioning of investment solutions across public and private markets, ETFs, and portfolio solutions, helping clients achieve their investment, risk, and capital objectives. This role offers an excellent opportunity to further develop your expertise in insurance investments through challenging client engagements, strategic projects, and collaboration with colleagues across a global organization.
Responsibilities
- Support the development and execution of the insurance strategy across Europe and international markets, working closely with the Client Coverage Group to identify business opportunities, deepen client relationships, and contribute to the growth of State Street Investment Management's insurance business.
- Develop a strong understanding of insurance client needs, regulatory developments, and investment considerations affecting insurance companies across Europe and internationally, translating these insights into actionable client and business opportunities.
- Contribute to the development of investment solutions and portfolio structures, incorporating insurance-specific regulatory, capital, accounting, and investment considerations.
- Support Requests for Information (RFIs), Requests for Proposals (RFPs), and other business development initiatives, providing insurance market expertise, investment insights, and content to help position State Street Investment Management's capabilities and support successful client outcomes.
- Develop strong partnerships with portfolio management, product, and investment teams to maintain a deep understanding of State Street Investment Management capabilities, particularly across fixed income, ETFs, and portfolio solutions, and act as a subject matter expert for internal stakeholders.
- Provide market and competitive intelligence to business leadership, client-facing teams, and other stakeholders on insurance industry trends, investment themes, ETFs, and competitor activity relevant to insurance investors.
- Develop insurance-focused thought leadership, market insights, and client materials to support client engagement and strengthen the firm’s profile in the insurance sector.
- Monitor regulatory, market, and industry developments impacting insurance companies and support regulatory advocacy initiatives where appropriate, helping identify emerging risks and opportunities for clients and the business.
Experience: What we Value:
- Strong communication and presentation skills, with the ability to articulate complex investment and insurance-related topics to both internal and external audiences.
- Strong knowledge of the insurance industry, including regulatory, capital, accounting, and investment considerations affecting insurance companies, and experience discussing investment solutions with insurance clients or prospects.
- Ability to build and maintain strong working relationships across client coverage, marketing, product, and investment teams, supporting client engagement initiatives, research projects, and business development activities.
- Knowledge of ETFs and other investment solutions, including their potential applications within insurance portfolios and broader asset allocation frameworks.
- A solutions-oriented mindset, strong commercial awareness, and the ability to work effectively in a collaborative and fast-paced environment.
- High levels of integrity, professionalism, and accountability, with a commitment to delivering an exceptional client experience.
Education & Preferred Qualifications
- Bachelor's degree required; advanced degree and/or professional qualifications (e.g., CFA, FIA, FRM, or equivalent) are advantageous.
- Approximately 5-10 years of experience in asset management, insurance asset management, investment consulting, or a related financial services role.
- Strong understanding of insurance regulatory, capital, accounting, and investment frameworks, and their implications for portfolio construction and investment decision-making.
- Experience engaging with insurance companies, consultants, or other institutional investors on investment strategy, asset allocation, portfolio construction, or related topics.
- Knowledge of insurance investment portfolios and insurer-specific use cases for investment solutions, including fixed income, ETFs, portfolio solutions, and alternative asset classes.
- Excellent communication and presentation skills, with the ability to explain complex investment concepts to a range of audiences, including senior client stakeholders.
- Strong analytical and quantitative capabilities, combined with commercial awareness and a solutions-oriented mindset.
- Based in London, with the ability to travel occasionally within Europe and internationally, depending on business needs.
- Additional language skills, particularly German or French, would be an advantage.
About State Street: Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Location: London, England
Type: Full time
Insurance Strategist, VP , State Street Investment Management in London employer: State Street Bank
State Street Global Technology Services is an exceptional employer that prioritises employee growth and inclusivity, offering a dynamic work environment in London. With a strong commitment to professional development, flexible work-life balance, and vibrant employee networks, we empower our team members to thrive while driving impactful change in the financial services sector. Join us to be part of a culture that values collaboration, accountability, and innovation, ensuring that every voice is heard and every contribution matters.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Strategist, VP , State Street Investment Management in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like State Street Bank). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like State Street Bank. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Strategist, VP , State Street Investment Management in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at State Street Bank.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at State Street Bank. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at State Street Bank
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at State Street Bank to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at State Street Bank, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding State Street Bank's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
