Investment Reporting Manager
- London
- Full-time
- Actuary
__jobinformationwidget.freetext.ExternalReference__
3895_18054
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 division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.
Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.
We’re recruiting for a Qualified Actuary or CFA to join our Investment Reporting Team as an Investment Reporting Manager.
Our Investment Reporting Team (IRT) are responsible for the asset cashflow projection and discount rate methodology & calculation under both IFRS and SII and sits within our Institutional Retirement Division.
As an Investment Reporting Manager you will own the production of IFRS and Solvency II reporting metrics, focusing on the asset side of the balance sheet. You will also provide timely and high-quality deliverables, analysis, and commentary on results, while managing stakeholder relationships and supporting other reporting activities. You will also be responsible for the direct line management of 1-2 junior member of IRT.
This is a hybrid working opportunity which means you can split your working week between your home and our Central London office to find a work/life balance that works for you.
What you'll be doing:
- Producing IFRS IP and SII MA as well as ALM and sensitivity metrics, including incorporating any supporting analysis and commentary and presenting & disseminating these results to stakeholders as required
- Taking accountability for the analysis of IFRS and SII investment variance & profit and loss attribution, new business reporting, ad-hoc stress and scenario testing, model maintenance and developments, PRA requests, portfolio analysis / data requests, new asset projection methodologies and ongoing methodology and assumptions reviews
- Building and maintaining effective relationships with stakeholders including, but not limited to, other teams in Institutional Retirement Finance, Institutional Retirement Investments, Group Finance and Auditors
- Owning the effective prioritisation and scheduling of activities required for business-as-usual reporting, analysis, process developments and allocating resources to meet ad hoc requests
- Leading, managing, and developing junior team members to maximise the performance of the team
- Supporting the strategic direction for the team’s reporting systems, processes and methodologies and take responsibility for reviewing process flows and wastage within models to identify opportunities for improvement in efficiency and effectiveness
- Owning the continual development, implementation and maintenance of the team’s reporting systems, processes and methodologies, ensuring that they are robust and that risks are assessed and appropriately controlled
- Ensuring that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policies
Who we're looking for:
- Fully Qualified Actuary or CFA
- Strong understanding of IFRS and Solvency II reporting metrics
- Proficiency in asset modelling and cashflow projection, with experience in VBA and R
- Strong analytical skills with the ability to review results for reasonableness
- Awareness of risk and regulatory requirements within the UK finance sector
- Experience of effective team management, stakeholder management, and mentoring
- Strong communication and stakeholder management skills, with the ability to tailor messaging to suit the needs of the audience
- Ability to effectively review processes/systems and implement the required improvements
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 (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.
Great news! We will let you know when a new job like this has been added!
VideoUrl
https://www.youtube.com/watch?v=djTs2V4JUFs
Our businesses
There’s so much more to us than meets the eye. We’re insurers, investors, builders, city-regenerators and green technology champions. And whatever the future holds, our people’s knowledge, skill and passion will mean we’re placed to make a real difference to society.
Read MoreWorking for us
Here, your actions and ideas come to life in exciting and meaningful ways. Ours is a story of evolution, a journey we can go on together. Ours is a culture of trust and collaboration, genuinely caring about society and one another. At Legal & General, your story will be anything but familiar.
Read MoreSimilar roles
Salary
Location
Hamilton
Business Unit
Legal & General Retirements Institutional
Job Family
Actuary
Location
Hamilton
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
The Capital Management Actuary will play a critical supporting role in executing L&G’s Bermuda-based business strategy. L&G currently operates three commercial reinsurance entities based in Bermuda, e
Reference
14cb672e-d281-4766-bee3-45651b8edc49
Expiry Date
01/01/0001
Salary
Location
Brighton and Hove
Business Unit
Legal & General Retirements Institutional
Job Family
Defined Benefits
Location
Hove
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
We’re recruiting for a Technical Quality Analyst to join us. We’re offering a base salary between £52,000 - £58,000 dependant on experience. As a Technical Quality Analyst, you will work within the Qu
Reference
0ec484e7-2e3b-4a81-a906-dd2bb6cf39b9
Expiry Date
01/01/0001
Salary
Location
London
Business Unit
Legal & General Group Functions
Job Family
Finance
Location
London
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
We’re recruiting for a Senior Audit Manager covering IT & Change to join us. We’re offering a competitive base salary and 12% car allowance.You’ll sit at the heart of innovation—delivering assurance o
Reference
f8429904-e795-4336-8f5f-92f636e78438
Expiry Date
01/01/0001
Our latest posts
%5B14%5D.jpg)
Teaser
GeneralContent Type
BlogPublish date
06/26/2025
Summary
At L&G, we know Pride is more than a single month in the calendar; it’s a mindset we carry year-round. Our theme for this year, ‘Committing together, united in pride’, reminds us that progress is

by
Enrique Rodriguez

Teaser
Future TalentContent Type
BlogPublish date
06/19/2025
Summary
Starting your career journey is an exciting milestone, and finding the right opportunities to develop your skills and gain valuable experience is essential. At Legal & General (L&G), we are prou

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
06/19/2025
Summary
The finance sector is transforming faster than ever, with new technologies, complex regulations, and evolving business models shaping the way organisations operate. At Legal & General (L&G), t

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
06/04/2025
Summary
Tax careers at Legal & General (L&G) are about influence, integrity, and impact. As one of the UK’s leading financial services companies, we rely on our tax professionals to help shape strategic

by
Enrique Rodriguez

Teaser
GeneralContent Type
BlogPublish date
05/29/2025
Summary
London has long been a magnet for ambition, a global city where industries evolve, opportunities multiply, and careers are built. There’s something for everyone, from experienced professio

by
Enrique Rodriguez

Teaser
Customer Service & SalesContent Type
BlogPublish date
05/29/2025
Summary
At Legal & General (L&G), customer satisfaction is our top priority. It’s more than answering questions. It’s about making a real difference in people’s lives. From the Pensions Helpline to Grou

by
Enrique Rodriguez

Teaser
Executive LeadershipContent Type
BlogPublish date
04/25/2025
Summary
The traditional top-down leadership model is becoming increasingly obsolete. In today’s complex, fast-paced world, the most effective leaders are collaborative, emotionally intelligent, and, most i

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
04/24/2025
Summary
In an era where data drives decision-making across every industry, the role of the actuary is evolving at an unprecedented pace. At Legal & General, we recognise that the traditional actuarial

by
Enrique Rodriguez

Teaser
Technology, Digital & DataContent Type
BlogPublish date
04/24/2025
Summary
Digital transformation is no longer a future ambition; it’s a present-day imperative. As organisations accelerate their adoption of emerging technologies, the role of IT professionals has

by
Enrique Rodriguez

Teaser
GeneralContent Type
BlogPublish date
04/02/2025
Summary
At L&G, we pride ourselves on putting our people first and caring about every individual and their future. That’s why we offer a range of employee benefits, to help you manage your money, your h

by
Enrique Rodriguez