Asset Allocation Year in Industry Programme 2025
- London
- Full-time
- Investments
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Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.
Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.
Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.
Your role at a glance
Are you looking for an exciting opportunity to earn while you learn?
Asset Management are looking for a 13-month placement student to work in our Asset Allocation team, starting Monday 30th June 2025.
The Asset Allocation team manage a variety of multi-asset funds which utilise the benefits of diversification to reduce risk while maintaining an attractive return to investors. The asset allocation within these funds range from relatively passive to more active in nature and can be used by defined benefit (DB) schemes, defined contribution (DC) schemes and retail investors. The team conducts a wide range of quantitative and qualitative analysis in order to determine the asset allocations that best suit clients across the range of funds. This includes tail risk analysis as well as monitoring risk and performance to ensure the funds meet their long term objectives.
Please note we only accept one application per recruitment cycle for our Year in Industry placement roles so please consider ALL placement positions before applying, as your first application will be considered your only application.
You will also need to have your own valid right to work in the UK.
The responsibilities of this role are wide ranging, and You will be exposed to a wide range of activities to help support the ongoing operations of the team. This includes:
- Join front office investment management team and will be responsible for a wide range of tasks that aid the team's investment process and distribution efforts.
- interact with the teams economists, strategists, portfolio managers and investment specialists on a day to day basis.
- Both series of day to day tasks as well as ad hoc or longer term projects.
- Most work involves either qualitative or quantitative analysis of numerical data, including time series data and Python being used widely by most teams.
Our ideal candidate will have the following skills, experience and attributes;
- On track for a 2.1 Degree in any subject – we are open to all subject backgrounds
- B in A Level Maths
- Preferably an undergraduate studying in a four-year course, however this is not mandatory.
- Curious, motivated and have a desire to learn more about a career in Investment Management
- Strong analytical and problem-solving skills.
- Effective communication skills and ability to work as part of a team.
- Excellent organisation skills and the ability to prioritise.
- Familiarity with Microsoft Excel and the ability to code is desirable. Python and VBA is preferred.
Please note that this role is based in London and requires some in person working at our London office, as part of our hybrid working model.
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
- Private medical insurance (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
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.
If you join us, you’ll be part of a welcoming 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 strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you’re open to find out more, we'd love to hear from you.
Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.
If you join us, you’ll be part of a welcoming 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 strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you’re open to find out more, we'd love to hear from you.
Great news! We will let you know when a new job like this has been added!
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