The role holder will be primarily responsible for supporting investment strategy for UK PRT deals with respect to portfolio construction, implementation, hedging execution and client interaction.

As a member of the LGR Investment Solutions team, the role holder will help deliver into the investment objectives of LGR specifically with respect to the UK PRT bulk annuity business but also supporting the wider LGR investment strategy mandates with respect to the LGAS, LGRe and LGRA funds.

The role holder will be primarily responsible for supporting investment strategy for UK PRT deals with respect to portfolio construction, implementation, hedging execution and client interaction.

Responsibilities will involve working on the above areas on a variety of bulk annuity transactions, proactively working with the PRT, actuarial, reporting and various LGIM teams to optimise investment outcomes and risk management. Further they would also include representing the team at internal stakeholders, implementing asset strategies and hedging programmes post-transaction, assisting in the writing of governance papers and contributing to the general development of the business and of our investment processes.

Knowledge/Experience:

Financial industry experience from investment banks, asset managers or other financial services institutions in fixed income asset classes (either from annuity fund or trading or an asset management or a consulting perspective) is strongly desirable. 

Good understanding of basic fixed income technical topics.

Good knowledge with Solvency II capital modelling would be beneficial.

Good knowledge with Insurance Asset-Liability-Management would be beneficial.

Confidence with basic actuarial calculations and principles and Excel, eg cashflow modelling, discounting, etc.

An actuarial background is desirable but not essential

Skill Sets:

Successful experience in portfolio management and asset liability management in fixed income.

Ability to produce high quality work under pressure to challenging deadlines.

Very high analytical skills.

Commercial approach, able to balance technical considerations with commercial awareness.

Excellent written and numeracy skills.

Strong IT skills: Excel VBA programming experience required, Python desirable but not essential

Strong interpersonal and influencing skills

Proactive

Strong Team Player

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days’ holiday, private medical insurance, discretionary performance related bonuses, paid overtime, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.