Head of TAA Sovereigns and Portfolio Oversight

Join our dynamic team as the Head of Tactical Asset Allocation (TAA) Sovereigns and Portfolio Oversight. In this senior leadership role you will be instrumental in shaping our Tactical Asset Allocation (TAA) strategy managing sovereign exposures and overseeing our Institutional Retirements annuity portfolio. Collaborate with a diverse team to drive our portfolio management objectives and deliver exceptional outcomes for our clients

What youll be doing:

• Developing the TAA and associated portfolio management opportunities ensuring alignment with Institutional Retirements objectives and compliance with Strategic Asset Allocation and group limits
• Managing the sovereign portfolio including oversight of Institutional Retirement Investments ALM team ownership of relevant risk appetites and continuous development of the investment framework for sovereigns to maximise riskadjusted returns
• Monitoring the portfolio using bespoke tools (e.g. Beta MI WARF monitoring) to support financial and risk management objectives assessing relative value of investments across asset classes and proposing optimisation opportunities
• Collaborating with Asset Management Investment Operations Investment Strategy and Finance to improve portfolio analytics and availability of timely management information (MI) to support portfolio management and tactical portfolio optimisation
• Building relationships and effectively collaborating with key stakeholders internally and externally to ensure appropriate communication and consistency of approaches
• Providing leadership to ensure that people systems processes and controls are in place for an effective and wellcontrolled investment function prioritising customer interests and delivering good customer outcomes
• Leading and managing employees ensuring consistent application of the Groups policies and procedures including the Partnership Agreement to maximise business performance
• Continuously developing the investment framework for sovereigns to maximise riskadjusted returns under the framework

Qualifications :

Who were looking for:

• Outstanding quantitative skills with a numerate degree or equivalent experience demonstrating strong analytical and problemsolving abilities
• Qualified actuary or CFA desirable showcasing a high level of professional expertise and commitment to continuous learning
• Experienced people manager with a track record of building and developing highperforming teams
• Strong understanding of insurance company balance sheets including both capital and profit reporting regimes ensuring comprehensive financial oversight
• Indepth knowledge of the Solvency UK regulatory framework and other local regulatory frameworks including US & Bermuda to ensure compliance and strategic alignment
• Demonstrable understanding of asset valuation concepts and models
• Extensive capital market knowledge and understanding of all major asset classes
• Proven experience in portfolio management particularly in fixed income and sovereign bonds

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. Theres 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 brandnew electric car through tax efficient salary sacrifice (permanent employees only)
• 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 :

At L&G we believe its possible to generate positive returns today while helping to build a better future for all. 

If you join us youll 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 parttime termtime and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can. 

It doesnt matter if you dont 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. 

Remote Work :

No

Employment Type :

Fulltime