Finance Business Partner

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. 

We’re recruiting for a Finance Business Partner to join our Institutional Retirement Finance team.

In this role you will work at the heart of a collaborative, commercially focused Finance function who seamlessly partner with various stakeholders across the group to help drive meaningful business outcomes through high quality financial insight, forecasting & planning activities, and a deep understanding of financial performance.

If you want to play a key part in supporting the strategic decision‑making of one of the UK’s leading retirement businesses we’d love to hear from you.

This role is a Hybrid working opportunity, which will allow you to split your working week between your home and our London office to find a work- life balance that works for you.

What you'll be doing:

• Supporting the delivery of monthly forecasts, performance reporting and the annual strategic planning cycle across key financial metrics
• Developing and maintaining financial models and producing analysis to explain results, project outcomes and assess different business scenarios
• Partnering with teams across Institutional Retirement, Investments, Risk and Group Finance to provide insight and influence decision‑making
• Communicating financial results, insights and projections clearly to stakeholders in both written and verbal formats
• Providing finance expertise into change initiatives, projects and new business activity, assessing financial impacts and priorities
• Identifying opportunities to enhance processes, controls and modelling approaches to drive efficiency and accuracy
• Applying commercial awareness to understand business performance drivers, risks and opportunities and support actions that optimise outcomes
• Ensuring alignment with governance, controls and regulatory expectations, contributing to accurate and auditable reporting

Who we're looking for:

• Qualified Actuary (FIA / FFA /equivalent) or Accountant (ACA / ACCA / CIMA / equivalent) with CFA Qualification also being advantageous
• A strong understanding of financial reporting concepts such as IFRS 17 (profit drivers, CSM, risk adjustment, onerous contract identification, discount rate calculation), IFRS 9 (classification and measurement of financial instruments) and Solvency II/Solvency UK (capital/liquidity concepts, including Matching Adjustment in a bulk annuity or life insurance context)
• Experience in financial planning, forecasting or business performance analysis within financial services or another complex environment
• Ability to build and use financial models, with strong Excel skills and an interest in tools such as Power BI, Power Query or Anaplan
• Clear and confident communication skills, with the ability to translate technical analysis into meaningful insight for stakeholders
• A collaborative approach, with the ability to build relationships and work effectively across teams
• Strong analytical thinking, with the ability to interrogate data, challenge assumptions and form well‑reasoned recommendations
• Proactive problem‑solving skills, with confidence to work independently and exercise sound judgement

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
• 27 days holiday, plus public holidays. 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

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.