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 Investment Manager to join our Core Capital team within Institutional Retirement.
Core Capital is a multi-asset portfolio spanning public and private markets, supporting strategic priorities including the Pension Risk Transfer business and seed or cornerstone investment in private market funds. In this varied and collaborative role, you’ll take ownership of portfolio management and investment oversight activities across the Core Capital portfolio, including portfolio monitoring, investment assessment, liquidity management, manager oversight, governance materials.  You’ll work closely with internal teams and external investment managers, contribute to portfolio strategy and help strengthen our data, management information, processes and controls.
What you'll be doing: Leading and contributing to initiatives relating to the Core Capital portfolio, including portfolio strategy, Core Capital SAA and portfolio metrics, and assessing the impact of proposed investment actions on return, risk and solvency metrics Evaluating new and existing investments across listed and private markets, coordinating due diligence, writing investment recommendations and supporting investments through the relevant governance and execution processes Overseeing investment and fund manager performance against targets, maintaining relationships and supporting investment recommendations Monitoring liquidity metrics and cash forecasts, recommending actions and coordinating asset sales, rebalancing and financing activities to meet cash requirements and maintain stress readiness Maintaining high standards for portfolio, fund and position data, overseeing reconciliations and remediation of data issues, and contributing to management information packs and governance commentary Drafting and presenting high-quality committee, board and stakeholder papers, setting out the analysis, rationale, risks, mitigants and recommended course of action Building relationships across internal teams and external partners, providing direction and constructive review to colleagues, sharing knowledge and helping to prioritise delivery across the team Who we're looking for: A university degree or equivalent experience in a relevant discipline such as finance, economics, mathematics or engineering A professional qualification, or progress towards one, such as CFA, CAIA or IMC would be beneficial but is not essential Strong knowledge of investment analysis, portfolio or fund analytics, valuation, fixed income and/or alte