Investment Operations Product - Senior Analyst

  • Full-time
  • Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US)
  • L&G Business Unit: Legal & General Retirements Institutional
  • L&G sub Business Unit: INSTITUTIONAL RETIREMENTS
  • Primary Location: London, One Coleman Street
  • Job Family: IT & Change

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, in UK and US life insurance, and in 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 from 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.

Who we are 

Institutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present day. Our UK retirement annuity book stands at an estimated £86.1 billion at 31 December 2023. 

Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us. 

Job Description

We’re recruiting for a Senior Analyst to join the Investment Operations Product Team within our Institutional Retirement business area. 

You will be responsible for developing the investment operations platform and product set offering to the business. Proactively problem-solving issues, continuously improving applications and product functionality with a strategic thinking mindset and delivering key developments to improve the product sets.

The role involves defining the product offerings for investment operations, supporting the investment operations product sets, which help improve business functionality and drive efficiency for the investment teams.

    What you'll be doing:

    • Working closely with colleagues across investment, operations, technology and external partners to understand business needs and help shape practical, well‑designed solutions
    • Turning ideas and requirements into clear plans that support the ongoing development of our investment operations products
    • Playing an active role in projects and change initiatives, contributing insight and strategic thinking to help our platform evolve over time
    • Using asset and financial data to support decision‑making and enhance product features, ensuring information flows smoothly into our tools and processes
    • Building strong relationships with portfolio managers, investment teams and risk colleagues to understand what data they need and help deliver solutions that work for them
    • Collaborating with product teams across the organisation to improve processes, share ideas and identify opportunities to make things work better
    • Helping to co‑ordinate and deliver change across L&G, supporting smooth implementation and adoption
    • Keeping customer outcomes at the heart of what you do, ensuring products and propositions are designed, reviewed and delivered in line with Consumer Duty principles

     

    Who we're looking for:

    • Experience working across investment operations, asset management or related environments, with a good understanding of how investment data supports front‑to‑back processes
    • Knowledge of a range of asset classes, such as fixed income, equities and derivatives, and how they are valued and managed
    • Familiarity with investment accounting concepts (such as IBOR and ABOR) and an understanding of key market inputs like interest rates and inflation
    • Strong analytical skills, with the ability to approach problems in a structured and thoughtful way
    • A track record of supporting or leading change within an investment or asset management setting; experience in pensions or Pension Risk Transfer is a plus but not essential
    • Confidence working with investment data platforms and tools, and contributing to larger programmes or strategic initiatives
    • The ability to explain complex ideas clearly to different audiences and work collaboratively to prioritise and deliver improvements
    • Experience using reporting and automation tools such as Power BI and Power Automate to generate insight and support better outcomes

     

    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
    • Healthcare Plan (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 (permanent employees only)
    • There are many discounts we offer – both for our own products and at a range of high street stores and online
    • We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience

    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. 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 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. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

    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. 

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