Finance Manager- Institutional Retirement

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 Manager- Institutional Retirement to join us. We’re offering a competitive base salary. 

We’re growing, and so is our Institutional Retirement Finance team. As our remit expands, we’re looking for a Finance Manager who enjoys improving how things work, supporting change, and helping deliver high‑quality financial reporting. If you’re someone who thrives in a collaborative environment, is curious about how financial processes can be made better, and wants to contribute to new developments across products, asset classes and structures, we’d love to hear from you.

What you'll be doing:

• Driving enhancements to financial processes and tools across the Institutional Retirement Finance team
• Developing a strong understanding of business performance to support consistent and accurate reporting
• Supporting the day‑to‑day financial accounting processes, including controls, reconciliations and reviews
• Monitoring accounting inputs and coordinating accounting deliverables across the division and Group
• Supporting accounting assessments for new or amended products, reinsurance transactions and asset classes
• Designing and improving processes linked to new business developments and transformation activities
• Collaborating with teams across Finance to ensure high‑quality, timely reporting outputs
• Contributing to fair customer outcomes by supporting robust reporting processes and controls

Who we're looking for:

• A recognised accounting qualification (ACA, ACCA or CIMA)
• Strong fundamental accounting knowledge, including IFRS reporting
• Experience in financial reporting, technical accounting or audit
• The ability to analyse data, maintain strong internal controls and ensure accuracy
• Experience contributing to change, transformation or process improvement
• Strong communication skills with confidence engaging stakeholders at all levels
• A collaborative working style, with the ability to build positive relationships
• Curiosity, initiative and a proactive approach to problem‑solving

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 (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 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.