Senior Business Change Analyst

Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.  

Are you an experienced Business Analyst looking for your next move? Do you have a strong background in Business Change? 

Legal & General Retirement Institutional (LGRI) have a new opportunity for a Senior Business Analyst with a strong background in Business Change to join the Strategic Transaction Execution team, which is part of the LGRI Investments team

This position plays an important role in leading business analysis on projects established to manufacture, onboard and structure (securitise) new, strategically important Real Assets within the Legal & General’s Retirement Institutional and Capital (LGC) divisions.  The role will help drive financial growth, operational excellence and client satisfaction. Energy, creativity and a collaborative approach are key behaviours that underpin this role

• Supporting Business Owners in the Investment & Asset Structuring teams to purchase/ originate, manufacture, onboard and/ or structure the illiquid Real Assets that will fund pension liabilities and improve the profitability and price competitiveness of new pension risk transfer business.  Real Assets could include, for example, investments in affordable housing, mortgages, commercial property and clean energy
• Working across L&G’s various Divisions and Group functions to develop an understanding of current business practice and document the future-state Target Operating Model (TOM) for these new assets and/ or asset managers, including high level & detailed process flowcharts, process narratives and data/ governance documentation
• Working with management and stakeholders to support the new asset due diligence process
• Undertake operational impact assessments, help co-ordinate end-to-end new process testing and complete operational readiness checklists to ensure the new transaction receives go-live approval on time and the operational processes are implemented without issue
• Contribute to developing business process solutions, including, for example, developing data & reporting requirements, proposing the cash mechanics operating model, and governance model design. 
• Complete risk assessments and define the control framework to ensure that asset onboarding and ongoing operational processes are robust and efficient. 
• Effectively communicate with all interested stakeholders (to Divisional Director level), to support effective decision-making and manage the smooth and integral delivery of programmes. 

• To be successful in this role, you'll have previous business analysis experience gained across medium to large scale projects in financial services organisations
• Proven delivery track record of business change analysis with hands on experience in most of the following: creating operating models, requirements gathering, business process mapping, workflow development, data flows, MI, financial or capital reporting and an appreciation for operational risks & controls.
• A background in one or more areas of Investments, Pensions, Annuities, Asset & Liability Management, and a familiarity with illiquid assets (for example, mortgages or property debt) and/ or asset structuring would be highly desirable.
• The role does not involve much IT systems or technology solution development.
• Excellent communication, interpersonal and presentation skills, and the ability to influence stakeholders
• Strong collaboration skills to work with people at all levels/ disciplines.
• Takes responsibility, has a can-do attitude, capable of self-managing and supporting multiple workstreams and/or projects concurrently. 

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.