Senior Finance Business Partner (PRT Investments)

Company Description

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, UK and US life insurance, and 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 since our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement business is the UK’s longest-serving active bulk annuity provider.

Job Description

We’re recruiting for a Senior Finance Business Partner to join our Institutional Retirement Finance team. In this role, you’ll work closely with our PRT Investments function, acting as a trusted partner by providing clear, insightful financial challenge and guidance around key investment decisions and financial performance.

You will ensure that outcomes are well-understood across IFRS and Solvency II metrics. The specific responsibilities of this role may evolve over time in line with the demand from the business, so an agile mindset and an ability to thrive in a changing environment are key.

This role is a hybrid working opportunity, allowing you to split your working week between your home and our London office to find a work-life balance that works for you.

What you'll be doing:

• Building strong partnerships with the Investments Leadership Team and the wider Finance community to help bridge the gap between Investments and Finance.
• Providing clear financial insight, challenge, and advice across a range of asset classes (such as property/real estate, structured products, private credit, sovereigns, traded credit, and derivatives).
• Translating investment decisions into impacts on IFRS earnings, capital, liquidity, and CSM, including providing advice on how portfolio choices affect these metrics.
• Leading the development of forward-looking financial analysis, forecasts, and business plans that include clear, action-oriented commentary.
• Coordinating and reviewing MI, ensuring accuracy, clarity, and meaningful commentary are included.
• Supporting change initiatives and project activity by providing Finance SME support to investment-related project work and new initiatives.
• Providing positive influence across teams/stakeholders, guiding/coaching junior colleagues and driving continuous improvement.
• Maintaining strong governance, controls, and documentation across Finance and Investments related initiatives.

Qualifications

Who we're looking for:

• Qualified Actuary (FIA / FFA / equivalent), CFA or Accountant (ACA / ACCA / CIMA / equivalent), with strong technical and commercial understanding.
• Expertise in IFRS 17, IFRS 9, and Solvency II/Solvency UK concepts.
• Strong understanding of investment drivers, asset classes, and ALM principles in a life insurance or bulk annuity context.
• Experience of proactively partnering with Investments teams and influencing senior stakeholders.
• Excellent verbal and written communication skills, including the ability to provide commentary for SLT/Board level.
• Proven experience of developing MI and scenario analysis that supports performance management.
• Familiarity with investment governance papers and deal economics would be highly desirable.
• Strong Excel capability, with experience in Anaplan, Power BI, or R seen as an advantage.

Benefits

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.
• 30 days holiday, plus public holidays.
• Competitive family leave.
• Participate in our electric car scheme.
• Discounts 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

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.

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. 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.