Funding Strategy Manager

Job Description

Company DescriptionHumanity is facing fundamental challenges, with the future of our planet hanging in the balance. As the principal investment arm of the Legal & General Group, our aim at Legal & General Capital is to generate long-term shareholder value, while helping build a better society. We seek opportunities to invest in sectors most in need of investment and innovation, such as residential housing, large-scale urban regenerationand future cities. Were backing investment in infrastructure and clean energy, and in start-up businesses to drive innovation and growth across the UK. Were building partnerships between the public sector and institutional investors to accelerate housingdelivery, create jobs, support local businesses and transform communities. This helps to create new asset classes for Legal & Generals varied investment requirements, our partners and the wider marketplace. Job DescriptionYour role at a glanceThe role holder will leverage their knowledge of a UK annuity writers SII balance sheet and IFRS P&L to implement solutions to maximise shareholder value arising from Legal & General Capital (LGC) initiatives. The role holder will support the LGC Funding teamto maximise L&Gs investment into LGC created assets by collaborating with teams across Legal & General Retirement Institutional (LGRI) and LGC. What youll be doing

• You will develop guidance and analysis to ensure LGC Finance and Investments teams have the right information to make optimal investment funding decisions.
• You will build and utilise financial models to support evaluation of funding decisions, including cash flow models, considering risk and return metrics, capital and regulatory requirements.
• You will collaborate with LGC/LGR Investment and Structuring teams to identify solutions and levers to access L&G balance sheet capital for LGC created assets.
• You will build relationships and partner with key stakeholders across L&G Group to design and implement new funding solutions and identified strategy changes to maximise shareholder value via LGC asset creation going forwards.
• You will partner and collaborate with colleagues within the LGC Finance team to support the capture of management information to enable and monitor L&G balance sheet funding of LGC created assets.
• You will draft and present governance papers and management updates; engage with key stakeholders across the L&G group in order to garner support for new initiatives.
• You will manage the performance of any direct reports and ensure development needs are met. Take accountability for the output and review the quality of the work performed by the team. Manage the team in accordance with the Companys policies and procedures,including the Partnership Agreement, so that the teams business objectives are achieved consistently.
• You will ensure that all aspects of funding strategy activities are developed and delivered in line with Legal & Generals Customer Experience policy and the Consumer Duty.

Qualifications

• A Qualified actuary or CFA/FRM or CFQ or Masters Degree in Science, Finance, Math, Economics or related discipline or equivalent experience is desirable
• Exposure to UK life insurance reporting metrics Solvency II, IFRS and Economic Capital is essential
• Experience of building financial models to analyse investment opportunities in an underwriting, investment or credit rating capacity is desirable
• Strong MS Excel skills
• We would be looking for a highly pro-active and dynamic self-starter; detail-oriented and deeply driven.
• We would be looking for someone who is able to build strong business relationships with contacts in stakeholder and customer organisations.
• We would be looking for someone who is comfortable working in a dynamic environment and delivering results on time
• We would be looking for an individual who is flexible, adaptable and able to demonstrate initiative

Additional InformationWhen you commit to Legal & General, well commit to you too. That means well recognise and reward your hard work, your performance and your contribution. If you join us, youll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, whichoffers employees the option to hire a brand new electric car through tax efficient salary sacrifice. Were also proud to offer competitive family leave. Youll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of - both for our own products and at a range of high street storesand online offerings. The brand with the brolly is choosing today to change tomorrow. Since 1836, weve grown to become one of the worlds largest asset managers, homebuilders, pension providers and insurance brands. Were 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, youll find a balance that helps you be your best. Empowered by hybrid working, were 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 athome for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance. Today, theres 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 dont 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 dont 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 its important to create an inclusive environment where we can all belong, contribute an