Royal London is hiring a Senior Investment Manager to take a leading role in the investment strategy for our rapidly growing Bulk Purchase Annuity (BPA) business. This high-impact strategic position offers the opportunity to shape investment strategy across a key area of the Group.
What You'll Do
- Lead the design and ongoing refinement of investment strategy for the Matching Adjustment Portfolio, ensuring alignment with risk appetites, regulatory requirements, capital efficiency and liquidity needs.
- Identify and implement opportunities for new investment and derivative strategies to enhance risk-adjusted returns.
- Work closely with our asset managers to develop capabilities in new asset classes.
- Collaborate with our commercial and finance functions to support investment strategy implementation and regulatory approvals.
What We're Looking For
- Significant experience in investments, ALM and Solvency II/Solvency UK within an insurer, asset manager, investment bank or consultancy.
- Qualified Actuary (FIA/FFA), CFA or equivalent.
- Strong understanding of investments used in annuity portfolios including derivatives.
- Good working knowledge of Matching Adjustment requirements and investment frameworks.
- Excellent written and verbal communication skills, comfortable engaging with senior stakeholders.
- Highly numerate with strong analytical and problem solving skills.
- Proactive, adaptable and able to challenge constructively.
- A self-starter with a practical mindset who takes ownership and delivers results.
- A collaborative team player with the ability to guide others and act as deputy for senior management when required.
Team & Environment
You will be a senior member of the Investment Office team.
Benefits & Compensation
- 28 days annual leave in addition to bank holidays.
- Up to 14% employer matching pension scheme.
- Private medical insurance.
Work Mode
This role offers a hybrid work arrangement and is based in either Edinburgh or London.
Royal London is an inclusive employer celebrating and valuing different backgrounds and cultures. We strive to be an empowered, trustworthy, collaborative and achieving organization.





