Financial Model Developer Manager
- 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.
Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.
Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.
Job Description
We’re looking for a Financial Model Developer Manager to join our Product Engineering team and lead the development of business-critical financial modelling capabilities. This role sits at the intersection of technology, actuarial thinking and risk management, supporting modelling across asset liability management, capital and market risk.
You’ll play a key role in shaping how financial models are designed, built and delivered, working closely with stakeholders to translate complex requirements into robust, scalable solutions. Alongside leading a high-performing team, you’ll help drive innovation, improve ways of working and support the evolution of a more product-aligned operating model.
What you’ll be doing:
- Leading a team developing and supporting financial models and analytics platforms across risk and modelling domains
- Driving the delivery of business-critical modelling projects and technology-enabled change initiatives
- Translating business requirements into model design and implementation, acting as the link between stakeholders and technical teams
- Enhancing model production processes to improve efficiency, scalability and control
- Designing and implementing risk management solutions aligned to regulatory frameworks
- Providing technical leadership, coaching and guidance across financial modelling and development capability
- Defining and shaping model configuration, integration and enhancement activities to support delivery
- Leading team development and fostering a collaborative, high-performing environment
Who we’re looking for:
- Experience leading financial modelling or quantitative development teams in a complex environment
- Strong financial modelling and risk analytics knowledge, ideally within financial services or insurance
- Background in translating complex business requirements into technical modelling solutions
- Strong programming capability, e.g. Python, C++, VBA or similar technologies
- Solid mathematical or analytical background, with the ability to work with complex data and scenarios
- Experience working with modern development tools (e.g. Git, JIRA, Confluence or similar)
- Ability to lead, coach and develop teams, creating an inclusive and collaborative culture
- Strong communication and stakeholder engagement skills, with the ability to influence across technical and non-technical audiences
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.