Insurance Funds Oversight Specialist - 18-month FTC at LegalAndGeneral

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

22 Jun, 26

Salary

0.0

Posted On

24 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Valuation Production, Fund Valuation Oversight, Stakeholder Engagement, System Functionality Review, Reporting Tools Knowledge, Process Enhancement, Offboarding Valuations, Testing Support, Query Resolution, Test Plan Creation, Operating Model Communication, Training Delivery, Risk-based Outsourcing Framework, Analytical Mindset, Communication, Collaboration

Industry

Financial Services

Description

Company Description 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. Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets. Who we are We are one of Europe’s largest asset managers and a major global investor across public and private markets. Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns. Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. Please note this is an 18-month Fixed-Term Contract Job Description We’re looking for two experienced and collaborative individuals to support a major transition within our valuation activities across both our Pension Management Company (PMC) and Internal Client fund ranges. With more than 1,400 funds moving from a legacy in‑house valuation platform to a new outsourced provider, you’ll play a pivotal role in ensuring a smooth, well‑controlled and insight‑driven migration. Working within Fund Operations, you’ll bring strong technical understanding, excellent communication skills and the confidence to work across complex delivery environments. You’ll be joining a team that values clear thinking, balanced decision‑making and constructive challenge, while building strong relationships with internal teams and our strategic external partner. What you’ll be doing: Reviewing existing fund ranges and engaging with stakeholders to clearly articulate current processes Reviewing outsourced provider system functionality and developing strong working knowledge of reporting tools Identifying opportunities to enhance processes and documenting proposed improvements for stakeholder review Offboarding valuations from the legacy system to the new TPA platform, including supporting testing and query resolution Supporting the creation of test plans and scripts and ensuring robust execution Communicating operating models, processes and procedures to operational teams and delivering training and ongoing support Proactively identifying areas for improvement and strengthening controls to support a risk‑based outsourcing framework Delivering value by supporting transformational activity that drives productivity and effective ways of working Who we’re looking for: Experience in fund valuation production or oversight, ideally 5+ years Strong understanding of fund valuation processes across PMC and Internal Client fund ranges Ability to interpret complex system functionality and articulate it clearly to varied stakeholders Experience working with outsourced service providers and/or transition programmes Strong analytical mindset with the ability to identify and propose process enhancements Effective communicator who builds constructive relationships and collaborates well across teams Comfortable working in dynamic, multi‑stakeholder delivery environments Self‑starter with an inquisitive mindset and commitment to maintaining technical and market knowledge Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes Generous pension contribution Life assurance Healthcare Plan (permanent employees only) At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday Competitive family leave Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only) There are the many discounts we offer – both for our own products and at a range of high street stores and online We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience Additional Information At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. Permanent/Regular or Fixed Term Contract/Temporary: Fixed Term Contract (UK and ROW) / Temporary (US) L&G Business Unit: Legal & General Investment Management L&G sub Business Unit: LGIM Primary Location: London, One Coleman Street Job Family: Back Office Ops

Responsibilities

The role involves supporting a major transition by overseeing the migration of over 1,400 funds from a legacy valuation platform to a new outsourced provider, ensuring the process is smooth and well-controlled. Responsibilities include reviewing existing fund processes, assessing outsourced provider systems, identifying process enhancements, and supporting the migration and testing activities.