ALM Associate

Overview

We're looking for an Asset & Liability Management (ALM) Specialist to join our team in London. You'll use cutting-edge tools and in-house software to help our clients' investments meet their needs. This is a chance to make a real difference by designing solutions that reduce risk and improve returns.

• Model asset classes like equities, bonds, credit, derivatives, hedge funds, and alternatives.
• Design and implement capital market and liability-driven investment (LDI) solutions.
• Evaluate risks in pension funds and institutional investor portfolios.
• Stay on top of market trends and key developments.
• Work closely with investment consultants to deliver tailored advice.
• Plan projects, discuss approaches, and provide fee recommendations.
• Develop ongoing investment strategies that align with client goals and market changes.

You'll thrive in this role if you:

• Are a CFA Charter holder, FIA/AIA, or working towards these qualifications.
• Have 5-8 years of experience in investment consultancy or life insurance.
• Are passionate about financial markets.
• Have experience modelling asset classes or pension fund liabilities.
• Are analytical and enjoy challenging assumptions.
• Pay attention to detail and deliver high-quality work.
• Work well both independently and as part of a team.

It's a plus if you:

• Have experience with actuarial longevity or mortality modelling.
• Have research experience, whether academic or practitioner-led.
• Are curious and love experimenting with new ideas.
• Learn quickly and adapt to new challenges.
• Have a hands-on approach and a collaborative mindset.

This role is based in London. Applicants must already have the legal right to work in the UK.

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Minimum core benefits you'll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to 'buy' extra days.
• Defined contribution pension scheme, which Gallagher will also contribute to.
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
• Income protection, we'll cover up to 50% of your annual income, with options to top up.
• Health cash plan or Private medical insurance.

Other benefits include:

• Three fully paid volunteering days per year.
• Employee Stock Purchase plan, offering company shares at a discount.
• Share incentive plan, HMRC approved, tax effective, stock purchase plan.
• Critical illness cover.
• Discounted gym membership, with over 3000 gyms nationally.
• Season ticket loan.
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
• Emergency back-up family care.
• And many more.

Inclusion and diversity (I&D) is a core part of our business, and it's embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities. We understand that applicants may have disabilities; if you do, you may find some parts of the recruitment process more challenging than others. Don't worry, we're here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please let us know.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred…