Actuarial Liquidity Expert

3 days ago


London, Greater London, United Kingdom Legal & General Full time
Job Title: Actuarial Liquidity Expert

About Us: Legal & General is a leading financial services organisation with a strong heritage and an exciting future. Our unique business model drives value for our customers and society, making us one of the world's largest asset managers, homebuilders, pension providers and insurers.

Job Description: We're recruiting for a Nearly/Newly Qualified Actuary to join our Group Treasury Function as a Liquidity Manager. The estimated salary for this role is £60,000 - £70,000 per year, depending on experience.

Responsibilities: As an Actuarial Liquidity Expert, you will work on liquidity optimisation projects to drive change and growth to our existing liquidity infrastructure in order to maximise the liquidity that is available for investment across the Group. Your responsibilities will include:
  • Developing, implementing and managing a robust, regular consolidated liquidity reporting capability for the purposes of forecasting liquidity generation by Business Unit.
  • Creating liquidity forecasts and tracking how actual liquidity generation compares to these forecasts. This will include presenting the results to Group/Senior stakeholders to allow them to make decisions and/or to improve control and performance.
  • Undertaking liquidity optimisation projects to drive change and growth to the existing liquidity infrastructure in order to maximise the liquidity that is available for investment across the Group while maintaining our liquidity risk appetite.
  • Building and maintaining strong relationships with senior stakeholders across the group to develop an understanding, identify opportunities and recognise emerging risks with regards to liquidity.
  • Working with second line and Group ALM to develop, propose and implement strategies to ensure the integrity of stress testing for liquidity and collateral.
  • Keeping yourself informed of the latest communication with the Prudential Regulation Authority and ensuring that L&G Group adheres to all relevant regulations.

Required Skills and Qualifications: A Nearly/Newly Qualified Actuary with strong Excel skills, good data analysis and modelling capabilities, and an understanding/knowledge of UK Financial Markets (including the markets in which Group Treasury operates). Previous Balance Sheet experience – E.g. Solvency II or MA exposure – would be highly preferrable.

Our Benefits: The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. Generous pension contribution, life assurance, private medical insurance, at least 25 days holiday, plus public holidays. You can also participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice.

Join Our Team: At Legal & General, we strive to be open, mindful, and inclusive. We're willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs. If you're open to finding out more, we'd love to hear from you.

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