Head of Investments

Head of Investments

Location – London or Gibraltar – Hybrid

Advantage Insurance Company Ltd (AICL) is a wholly owned subsidiary of Hastings Group, one of the largest and fastest growing personal lines insurers in the UK we are digitally focused Gibraltar-based insurer providing motor and home insurance to over four million customers in the UK. Hastings Group, in turn, is a subsidiary of Sampo, the largest insurance group in the Nordics.

As part of Hastings, AICL delivers market leading pricing, claims, digital operations and maintains responsibility for the robust capital and investment management operations of the Group.

We’re excited to be creating a new Head of Investments role - an opportunity to shape the future of our investment strategy as we grow beyond £3bn in assets. This is an exciting opportunity to lead real change, overseeing a forward‑looking, resilient portfolio that balances high-quality, capital‑efficient asset allocations with carefully chosen investment managers.

You’ll play a pivotal role in guiding how we invest, partnering with brilliant teams across Finance, Risk, Actuarial and Group to strengthen our balance sheet and drive long‑term value. Working within a small, high‑performing team, you’ll have the freedom to think big while staying close to the detail that matters.

With flexible location options and the chance to spend time with our Gibraltar team, this is a role where your expertise will genuinely shape our next chapter. If this challenges and excites you even if you’re not sure you meet every requirement we’d love to hear from you.

• Shape and deliver our investment strategy, including risk budgets, asset allocation and liquidity positioning, while embedding ESG considerations

• Source and assess new investment opportunities that enhance returns and support our long‑term business plan

• Manage and oversee external investment managers, leading mandate design, fee negotiations and ongoing performance reviews

• Produce and present high‑quality investment reporting and insights to senior leadership, Board, Investment Committees, and Sampo Group forums

• Work closely with Finance, Risk, Actuarial and Group teams to optimise capital, support regulatory submissions and maintain strong governance

• Lead financial insight and investment reporting, including forecasts, P&L analysis, IFRS requirements and robust investment MI and data controls

• CFA (or equivalent professional qualification) or significant industry experience

• Significant experience in the investment industry with preference for those who have managed insurance portfolios or supported insurance asset‑management strategy

• Strong understanding of markets with focus on fixed income (public and private)

• Ability to work independently within a small, high‑performing team

• Proactive approach with a continuous‑improvement mindset

• Knowledge of insurance regulations and asset‑liability matching principles

Our interview process involves the below:

• Recruiter screening call

• Initial 30 min interview with hiring leader

• 1st interview with hiring leader, CFO & HR

• 2nd interview including case study

As a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive – what this means to you is if you’re applying for a job with us, you’ll have fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS). For more information on the DCS, please visit our inclusive business page on our careers website

Regrettably we are unable to offer sponsorship for this role

Benefits: in addition to a competitive salary and £6k car allowance you will also receive…

Flexible working – we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail

Competitive bonus scheme - all colleagues are eligible for our annual 4

Cs performance bonus

Physical wellbeing – as a Band5 colleague, Hastings pay for you to receive private medical insurance (PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you…