How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Quantitative Analyst
Quantitative Analyst – L&G Asset Management
About L&G Asset Management
Legal & General (L&G) is a leading UK financial services group and major global investor, safeguarding people’s financial futures since 1836. As one of the world’s largest asset managers, we provide powerful asset origination capabilities, delivering retirement and protection solutions globally, including:
- Pension risk transfer
- UK and US life insurance
- UK workplace pensions and retirement income
- Long-term responsible investment solutions, combining financially material sustainability criteria with value creation.
We are a critical player in global asset management, working internationally across public and private markets to drive long-term value.
The Role
We are seeking a Quantitative Analyst to join L&G Asset Management, working alongside the Portfolio Management team to develop robust models, tools, and analysis for derivatives and risk management, specifically tailored to pension risk transfer (PRT) and solutions mandates.
What You’ll Be Doing
- Develop and maintain pricing, risk, and portfolio construction models for derivative strategies, ensuring alignment with market conventions and industry standards (e.g., using SQL, VBA, C#, Python).
- Model risks across asset strategies (fixed income and other classes) to align with pension scheme liabilities, contributing to de-risking and client-driven strategies.
- Collaborate on IT and business process projects, ensuring seamless integration of data, risk systems, and portfolio management tools.
- Price and analyse relevant financial instruments (e.g., gilt repos, swaptions, equity derivatives) while considering collateral use and margining.
- Act as a technical advisor, ensuring compliance with L&G Asset Management’s Treating Customers Fairly policy.
- Openly engage with Portfolio Managers, stakeholders, and cross-functional teams to improve risk management, analytics, and operational efficiency.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Ideal Candidate
Essential Qualifications & Skills
- Strong academic/professional background in a quantitative discipline (e.g., economics, finance, actuarial science, mathematics, or related field); a Master’s or PhD is desirable.
- Expertise in risk management instruments, including:
- Gilts, credit & interest rate swaps
- Inflation-linked products (e.g., swaptions, TRS)
- Equity options/futures, FX forwards & repos
- Intelligence interest in pension schemes, insurance portfolios, and de-risking strategies for clients.
- Proficient coding skills (preferably Python, C#, or VBA), with familiarity in SQL databases and financial model implementation.
- Understanding of model design, implementation, and risk strategy execution for client portfolios.
- Strong ability to work independently, collaborate across teams, and propose process improvements proactively.
Benefits
Here’s what rewards performance and contributes to your wellbeing at L&G:
- Competitive financial compensation, tied to our annual profit-sharing and performance-related bonus scheme.
- 25 paid days leave (increasing to 26 after 2 years) + public holidays, plus flexible buy/sell holiday for demanding projects.
- 5% company pension contribution, plus a valuable corporate pension plan.
- £550K life assurance policy.
- Enhanced healthcare plan (permanent employees).
- Family leave policies aligned with UK benchmarks.
- Tax-efficient benefits, including a company car scheme with electric/hybrid vehicle options (salary sacrifice benefits).
- Cost savings such as product discounts (L&G financial offerings) and high-street/online retail partnerships.
- Net-zero commitment: Sustainable offices across the UK, designed with people and the environment in mind.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
About Working at L&G (Beyond the Numbers)
- Collaborative culture: An inclusive team valuing diversity, with leaders dedicated to personal and professional growth.
- Purpose-driven: Be part of a team passionate about inspiring positive societal change while building wealth.
- Flexible working: Enabled by trust and outcomes, not attendance. Part-time, term-time, and job share options are open to discussion where feasible.
- Future-focused: Investing in modern, sustainable offices to create a welcoming, dynamic workspace.
Your Next Step
If quantitative innovation, pension risk hedging, and responsible investing excite you, apply today. Focus on your strengths, potential and how you align with L&G’s purpose—flexibility exists beyond strict qualifications.
“We don’t just deliver returns—we build a better future for all.”
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location