Join to apply for the Head of Investment Strategy role at Just Group plc

Join to apply for the Head of Investment Strategy role at Just Group plc

Direct message the job poster from Just Group plc

Leading recruitment across Just Group's Capital Management, Investments and Defined Benefit Pensions Teams

Head of Investment Strategy

Location: London – Hybrid working – 50% office-based

Full Time – 35 hours

_____________________________________________________

Who are Just?

We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly. With the defined benefit buy in / buy out space growing each year, Just continues to annually grow its business by over £4bn of assets.

We are a purpose driven company with compelling and credible goals. Quite simply, we help people achieve a better later life. We achieve this by providing competitive and innovative products, services, financial advice and guidance to help our customers achieve security, certainty and provide them with peace of mind in retirement.

That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement.

Purpose

The Head of Investment Strategy will be responsible for implementing our investment approach, in particular that our asset allocation is appropriate from an accounting and regulatory balance sheet perspective, new initiatives are appropriately evaluated and our strategy is connected to the activities of the rest of the investment team and the broader business. The purpose of the role is to support our investment activity of the business such that we can offer our policyholders the best possible security and pricing.

Job Role Accountabilities will incorporate:

Technicals

• e.g. be responsible for understanding and implementing investment strategy with regard to the accounting (IFRS17) dynamics of our balance sheet via optimising the back book and new business investment
• The landscape of investment opportunities that are appropriate for a UK life assurer, including what our peers are doing

Asset allocation:

• Be responsible for implementing and reporting on our asset allocation approaches:
• Strategic – over the long term and Medium term – over 5 years
• Annual (matching adjustment portfolio only) – investment of new money and back book over a given calendar year, updated quarterly
• Tactical – strategic views in light of pricing, credit, macro factors

Broader Business Collaboration

Examples of Key Activities

• Be responsible for understanding and implementing investment strategy with regard to the accounting (IFRS17 and Solvency UK) dynamics of our balance sheet via optimising the back book and new business investment
• Propose and justify an asset allocation for new business on the basis of current investment activity and business financial metrics.
• Demonstrate expertise in handling in specie assets, ensuring efficient management and seamless integration into the investment portfolio

Qualifications

• Must have a first class or upper second class degree or equivalent experience
• CFA or similar

Skills and Knowledge

• Excellent analytical skills, including ability to make commercial judgements in light of uncertain circumstances. Able to support judgement calls with a clear justification.
• Excellent verbal, written communication and interpersonal skills, with the ability to present investment matters in a clear and concise manner
• Understanding and experience in executing research, due diligence and investment evaluation
• Strong results focus, with ability to work efficiently and grasp concepts that are not straightforward, yet seek guidance where necessary
• Excellent team-working skills and ability to maintain relationships with internal stakeholders and develop relationships with external parties

Demonstrate strong aptitudes in:

• Investment matters and strategies, in particular credit, with the ability and interest to develop further
• Research and getting a thorough understanding of the issues being examined
• Approaches to understanding and evaluating risks
• Investing on behalf of liability driven investors

Knowledge of:

• Long only and fundamental investing, with the ability and interest to develop further
• Fundamental understanding of the challenges and considerations involved in investing on behalf of a life insurer.
• Financial markets in general
• Understanding of the products and services provided by Just Group

Experience

• Demonstrable track record of relevant experience in a bank, insurance company, asset manager or consultant
• Experience managing fixed income portfolios, asset allocation and portfolio construction
• Recognising that this is a “Head of” level hire, experience in taking ownership of activity is essential
• Coding skills, like Python would be an advantage

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
• Opportunity to progress within your career both in-role and within the company
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal
• Plus, several additional purchase options available for you and your loved ones

Why Just?

We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025. We’ve made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.

Diversity, Equity and inclusion (DE&I) is a key priority for Just as part of our overall strategy and ensuring all of our people feel proud to work at Just. We have joined a number of initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.

What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other.

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Project Management

• Industries

  Financial Services, Pension Funds, and Insurance and Employee Benefit Funds

Referrals increase your chances of interviewing at Just Group plc by 2x

Sign in to set job alerts for “Head of Investment” roles.

London, England, United Kingdom 5 months ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 8 months ago

London, England, United Kingdom 1 month ago

Director – Mergers, Acquisitions & Investments

London, England, United Kingdom 2 weeks ago

Head of Finance at Private Equity Insights

London, England, United Kingdom 1 month ago

Greater London, England, United Kingdom 1 month ago

Head - Equity and Joint Venture Partnerships (F2008N)

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 month ago

Head of Commodity Trading - Agricultural Derivatives

London, England, United Kingdom 3 weeks ago

Head of Regeneration, Investment and Jobs

London, England, United Kingdom 4 hours ago

Head of Financial Planning and Analysis, Head of Financial Planning and Analysis

Uxbridge, England, United Kingdom 2 weeks ago

London, England, United Kingdom 4 days ago

Investment Director, UK SME Growth and Buyout Investor, London, UK

London, England, United Kingdom 31 minutes ago

Greater London, England, United Kingdom £65,000.00-£70,000.00 1 month ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 6 days ago

London, England, United Kingdom 1 month ago

Vice President, Investment Banking, TMT, London

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 month ago

Head of Bespoke Investment Risk & Analytics

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 month ago

Asset & Wealth Management - Private Equity Product Marketing Lead - Vice President - London - Vice President

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 month ago

Global Head of Equities Product, Liquidnet

London, England, United Kingdom 6 days ago

Head of Health (Responsible Investment Charity)

Greater London, England, United Kingdom £60,000.00-£65,000.00 2 hours ago

City Of London, England, United Kingdom £140,000.00-£150,000.00 1 day ago

Global Head of Client Coverage, EVP - State Street Investment Management

London, England, United Kingdom 4 days ago

Managing Director – Europe Wealth Services

London, England, United Kingdom 1 month ago

London, England, United Kingdom 1 week ago

Investor Relations - Senior Vice President - London

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 weeks ago

Teddington, England, United Kingdom 1 hour ago

London, England, United Kingdom 3 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.