Finance Business Partner

• 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:
  Finance

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.

L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement business is the UK’s longest-serving active bulk annuity provider.

Who we are

Institutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present day. Our UK retirement annuity book stands at an estimated £86.1 billion at 31 December 2023.

Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us.

We’re looking for a Finance Business Partner to join our Institutional Retirement Finance Business Partnering team. You’ll work closely with the Core Capital team, Private Markets Finance and Portfolio Management, providing high-quality financial insight, analysis and challenge to support effective planning, forecasting and reporting.

This is an excellent opportunity to build a detailed understanding of the Core Capital portfolio, develop trusted relationships across the business and help senior stakeholders understand financial performance, risks and opportunities. The role works alongside investment teams to ensure accurate financial representation and alignment but does not involve making investment decisions or managing portfolios.

What you’ll be doing:

• Partnering with Core Capital, Private Markets Finance and Portfolio Management to support aligned business plans and forecasts
• Developing a detailed understanding of the Core Capital portfolio, including its performance and risk metrics
• Analysing financial performance and communicating key risks, opportunities and potential management actions
• Reviewing and challenging shareholder fund projections and management information to ensure they reflect business and portfolio views
• Producing Traded portfolio projections, commentary and management information to explain performance and variances
• Preparing monthly Core Capital liquidity projections and maintaining effective controls across Finance and asset liability management assumptions
• Coordinating inputs from relevant teams to support accurate and timely Institutional Retirement plans and forecasts
• Supporting performance reporting, Finance Transformation initiatives and wider project activity across the Business Partnering team

Who we’re looking for:

• An ACCA, ACA or CIMA qualification, or significant relevant professional experience
• Strong accounting, financial planning and analysis knowledge, including a sound understanding of IFRS
• Experience of preparing robust financial information and translating analysis into clear, meaningful insight
• Strong analytical skills, attention…