Senior Quant Strategist (12-Month FTC)

TN United Kingdom; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company in the pension sector is seeking a Senior Quant Strategist for a 12-month FTC in London. The role involves developing and enhancing quantitative models within the ALM team to optimize investment strategies. Candidates should have strong financial modeling skills and a quantitative degree, with opportunities for professional development and competitive benefits.

Benefits

Private medical insurance

28 days' annual leave

Study support with qualifications

Generous pension scheme

Qualifications

• Strong experience independently delivering complex modelling and analytical tasks.
• Good understanding of fixed income products and derivatives.
• Familiarity with LDI strategies and Defined Benefit pension schemes.

Responsibilities

• Design and maintain advanced quantitative models for asset management.
• Collaborate with ALM team for strategic analysis and portfolio outcomes.
• Contribute to the development of a new quant platform.

Skills

Financial Product Knowledge

Strong Financial modelling

Regulatory Insight

Technical Awareness

Education

Degree in a quantitative discipline

PhD, FIA, or CFA (advantageous)

Tools

SQL

API usage

Job description

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Senior Quant Strategist (12-Month FTC), London

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Client:

PIC

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

fafd4ebc82a3

Job Views:

2

Posted:

19.05.2025

Expiry Date:

03.07.2025

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Job Description:

Pension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Companywide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal.

• The role requires the ability to effectively collaborate with Investments and our partner teams across the firm to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.
• To apply knowledge and insights concerning the Asset Liability Management of the Investment Portfolio and how this impacts our policyholders.
• To deliver strong business outcomes relating to capital, profitability, the Company brand and market reputation whilst achieving positive outcomes to our policy holders on a consistent basis.
• Our Company values are expected to be reflected in the delivery and performance of every role.

Specific role purpose of Senior Quant Strategist within the ALM Team:

The ALM team is at the core of PIC’s business and generates value through the management and optimisation of assets versus liabilities. The team seeks to optimise PIC’s investment strategy in line with the firm’s risk appetite. The Quant Strategist team are responsible for developing, maintaining, and enhancing the key quantitative models within the ALM Team. This includes the hedging infrastructure and the portfolio optimization tools used within the team. The ALM Team comprises individuals with varied investment backgrounds (Portfolio managers, Quants, Actuaries and Consultants) and the Quant Strategist will be relied upon to develop and enhance the team’s quantitative models. Quant Strategist will be closely working with other ALM teams to risk manage the business, drive transactions, and identify market opportunities.

Specific accountabilities assigned to the role of Senior Quant Strategist within the ALM team:

Responsible for the design, enhancement and maintenance of advanced quantitative models and systems to support the management of PIC’s balance sheet, ensuring high standards of accuracy and robustness.

Lead the enhancement of bulk annuity pricing and implementation optimisation models, improving functionality and algorithms to support efficient portfolio construction and maximise implementation performance.

Take ownership of key modelling initiatives, working independently and guiding junior team members in the development of tools and methodologies for portfolio construction, asset selection, and risk monitoring.

Collaborate actively with the ALM team and wider investment team, contributing to strategic analysis and identifying opportunities to improve balance sheet metrics and portfolio outcomes.

Contribute to the development of the new quant platform, by delivering key balance sheet modules and library functions to support stress testing and scenario analysis

Takes ownership for their own learning and development in both technical (e.g. data analysis and critical judgement) and non-technical (self-insight and relationship management) skills across the Investment Team.

Keeps informed of industry trends, market developments, regulatory changes in the public and private sectors, as well as best practices related to SII by attending industry seminars, reading and sharing relevant published articles.

Requirements

Knowledge

• Financial Product Knowledge: Good understanding of fixed income products, derivatives, and familiarity with LDI strategies.
• Strong Financial modelling: Derivative modelling, especially LPI
• Regulatory Insight: Solid understanding of Defined Benefit pension schemes and Solvency II.
• Technical Awareness: Familiarity with API usage, SQL, and integration with modelling infrastructure.

Experience

• Quant Experience: Strong experience independently delivering complex modelling and analytical tasks with clear business impact.
• Front-Office Experience: Proven ability to operate in a fast-paced investment environment, translating quantitative insights into actionable decisions and meet tight deadlines.
• Qualification: Degree in a quantitative discipline such as mathematics, physics, engineering. Advanced qualifications such as a PhD, FIA, or CFA are advantageous but not essential.

In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), study support with qualifications, a generous pension scheme and much more.