Development Manager - New Business/Acquisitions

Legal And General Group; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services group in the UK is seeking a Development Manager to drive projects in affordable housing. This role requires experience in housing acquisitions and excellent relationship management. Join a collaborative team dedicated to making a positive impact on communities while enjoying a comprehensive benefits package.

Benefits

Annual performance-related bonus

Generous pension contribution

Life assurance

Healthcare Plan

At least 25 days holiday

Competitive family leave

Electric car scheme

Discounts on various products

Qualifications

• Experience in affordable housing acquisitions or development management.
• Strong commercial acumen and understanding of social housing frameworks.
• Proven ability to build and maintain trusted relationships.

Responsibilities

• Manage a pipeline of affordable housing schemes across Southern Home Counties.
• Support sourcing, appraisal, and contracting of development opportunities.
• Lead negotiations with vendors and partners.

Skills

Affordable housing experience

Commercial acumen

Communication skills

Negotiation skills

Stakeholder management

Job 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.

As part of the wider L&G Group, our heritage goes back over 180 years, with a solid reputation as one of the leading financial services groups. We are pioneering institutional investment into the housing sector, whilst providing excellent service and quality homes.

Focusing primarily on the Shared Ownership and affordable rent markets, we strive to be the UK’s leading private affordable housing provider, known for excellent service and quality homes.

Job Description

At L&G Affordable Homes, we’re on a mission to make a real difference in the UK housing sector. As a top-10 developer of affordable homes, we’re proud to be delivering high-quality, sustainable housing that supports communities and transforms lives. We’re looking for a Development Manager to join our growing team and help shape the future of affordable housing. If you’re commercially minded, collaborative, and passionate about creating lasting impact, we’d love to hear from you.

What you’ll be doing:

• Managing a pipeline of affordable housing schemes across the Southern Home Counties
• Supporting the sourcing, appraisal and contracting of s106, package deals, land-led and joint venture opportunities
• Collaborating with Finance and Operations to appraise and test schemes against investment parameters
• Leading negotiations with vendors and partners to secure commercially viable deals
• Overseeing the contracting process and ensuring compliance with governance and risk frameworks
• Building and maintaining strong relationships with developers, consultants and internal teams
• Monitoring project delivery to ensure high-quality outcomes and customer satisfaction
• Promoting inclusive, safe and sustainable development practices across all projects

Qualifications

Who we’re looking for:

• Experience in affordable housing acquisitions or development management
• Strong commercial acumen and understanding of social housing and regulatory frameworks
• Proven ability to build and maintain trusted relationships with partners and stakeholders
• A collaborative approach with excellent communication and negotiation skills
• A proactive mindset with the ability to manage multiple priorities effectively
• Confidence in financial and risk appraisal of development opportunities
• A commitment to delivering high standards of quality, value and customer service
• A passion for creating inclusive communities and driving positive social impact

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. 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
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

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.

L&G is an equal opportunities employer and we welcome applications from all sections of the community. We are committed to creating an inclusive and supportive environment for all employees.