Senior DC Strategy Manager
Legal & General
Company Description
Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.
Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.
Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.
Job Description
Within the Asset Allocation team, LGIM’s Multi-Asset Funds team is responsible for the management and growth of our diversified fund range. The team brings experience across investment management, investment consulting, banking, and academia, working with pension funds, insurers and retail clients
Defined Contributions (DC) is an important and growing business for the Asset Allocation team and central to L&G’s strategy. This individual will join the highly successful Asset Allocation team in DC Strategies . This team is responsible for the management of the Target-Date Fund ranges (the DC Defaults for L&G) and will help to shape the future evolution of the strategy to ensure it continues to deliver the best value for our members
The individual will help shape the team in terms of culture and be heavily involved in setting the strategy for the team and individuals within the team
What you'll be doing:
- Prioritising work within the team, ensuring the remit is full understood, risks are considered and commercial factors are thought through
- Leading several of the teams workstreams across the business and act as a deputy for the head of the team
- Working in partnership with other investment functions across LGIM in order to bring the best of the various capabilities together to deliver dynamic and market leading investment solutions for our Target Date Funds and select strategic clients
- In conjunction with the broader Asset Allocation team drive forward the market focused elements of innovation with the Target Date Funds
- Alongside the head of the team derive the strategy for the team and help set objectives for all team members and then drive the strategy forward.
- Establishing where processes can be streamlined and risks reduced and look to ensure these changes are made by helping prioritising alongside the teams other work
- Providing a key link between DC Investments and the consultants to ensure we positions things appropriately.
- Partnering with distribution and directly with LGIM clients to understand the challenges that DC clients face, and to deliver genuine OneLGIM solutions to their needs.
- Helping the team develop their understanding of the various areas this individual is an expert in
Qualifications
Who we're looking for:
- Extensive asset management knowledge and experience and in particular relating to investments and markets. Knowledge of the DC landscape, ESG background desirable
- Actuarial or equivalent investments technical background desirable.
- Proven business and commercial judgement skills.
- Strong and credible external profile amongst investment consultants, clients and market participants
- Strong project management skills and a track record of delivery to various levels of seniority often within tight timeframes
- Manage and leverage key relationships within Investments, Distribution, the wider DC and Workplace teams and other L&G teams in order to grow this rapidly changing business.
- Ability to clearly articulate thoughts and ideas in a logical manner.
- Strong academic/professional qualifications background and/or experience gained in similar positions required.
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
- Private medical insurance (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
- 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
Additional Information
Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.
If you join us, you’ll be part of a welcoming 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 strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you’re open to find out more, we'd love to hear from you.