Senior Manager – Investment Strategy & ALM

Role: Senior Manager – Investment Strategy & ALM

Location: London

Position: Full time, permanent

• Support the Head of Investments in formulating and implementing investment strategy.
• Optimise strategic asset allocation (SAA) to maximise risk and capital‑adjusted returns.
• Ensure robust asset‑liability management (ALM) and optimise FX and duration management.
• Day‑to‑day oversight of third‑party managers and preparation of reporting for Boards and Committees.
• Lead selection and investment oversight of external managers, set and review guidelines to ensure effective execution of strategy in line with risk appetite.
• Integrate responsible investment principles into SAA and manager selection.
• Rigorously monitor and challenge manager performance and compliance with mandates, policies, and responsible investment criteria.
• Leverage investment manager relationships to provide perspective and insights on investment opportunities and risks.
• Foster strong relationships with treasury, reserving, capital and wider finance teams.
• Deliver and present papers to the Investment and Risk & Solvency Committees.
• Ensure timely and accurate reporting to the Investment Committee, Board, and other governance forums.

• Background in investment management, strategy or manager oversight, preferably within the insurance sector with asset‑liability management experience.
• Strong analytical and communication skills; ability to present complex information to senior stakeholders.
• Expert proficiency in performance and risk systems (e.g., Aladdin, Power
  
  BI) and regulatory reporting.
• Ability to challenge and interrogate managers’ capital‑market views and portfolio construction.
• Deep understanding of the Lloyd’s insurance market regulatory landscape.
• Professional qualification such as CFA or FIA.

• Strong problem solver who enjoys thinking through methods and predicting outcomes.
• Team‑player with ability to direct and manage delivery across priorities.
• Self‑motivated, detail‑oriented and continuously seeks improvement.
• Strong logical reasoning, commercial acumen and communication skills to optimise relationships with key stakeholders.
• Mentor junior team members and contribute to succession planning.

Competitive base salary and performance‑related discretionary bonus.

Hybrid working model with flexibility; typical model is 3 days a week in the office.

Support for actuarial exams and access to a wide range of data and projects.

Participation in employee resource groups supporting diversity, equity and inclusion.