Investment Analyst

Direct Line Insurance Group; Greater London; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading insurance company is seeking an Investment Analyst to manage treasury activities, including cash requirements and investment portfolios. The role entails analyzing credit, forecasting liquidity needs, and collaborating with teams on financial strategies. Candidates should possess a numerate degree and strong analytical skills. This hybrid position offers benefits like a 9% pension contribution and employee discounts, promoting both diversity and inclusion in the workplace.

Benefits

9% employer contributed pension

50% off home motor and pet insurance

Health and Dental insurance options

EV car scheme

Generous holidays

Employee discounts and cashback

Qualifications

• Minimum of 2:1 (or equivalent) degree in a numerate subject.
• Good knowledge of capital markets, particularly money markets and fixed interest.
• Strong spreadsheet skills.

Responsibilities

• Manage the Group’s daily cash funding requirements and coordinate operational needs.
• Maintain a liquidity forecast and recommend corrective actions.
• Contribute to investment management of portfolios through credit analysis.

Skills

Analytical skills

Data manipulation

Communication skills

Presentation skills

Initiative

Education

Degree in a numerate subject

Job description

Investment Analyst

12 months Fixed Term Contract

London Hybrid

Direct Line is evolving. Across every part of our business teams are embracing new opportunities and putting customers at the heart of everything they do. Whether you’re already part of Direct Line or thinking about joining us you’ll have the chance not only to be recognised for your skills but also to build on them and be empowered to do your very best.

What you’ll be doing:

This is a front office role with responsibility for the Group’s treasury activity including management of daily cash requirements, execution of foreign exchange transactions and forecasting of liquidity needs over the following 12 months. The role also contributes to investment management of fixed income portfolios through production of credit research and analysis, portfolio analysis and performance attribution. Compliance with risk limits and delivery against regular reporting requirements are key accountabilities. The role holder is also expected to display knowledge and understanding of macroeconomic and technical developments impacting financial markets.

• Responsible for identifying and managing the Group’s daily cash funding requirements including extensive coordination to identify business operational cash needs and other payments such as debt coupons, dividends, intercompany settlements, investing or withdrawing cash from money market funds and day‑to‑day relationship management with HSBC/RBS credit lines cash sweeps etc.
• Maintain a 12‑month liquidity forecast to ensure that Group future funding requirements are identified and where necessary recommend corrective management actions to ensure the Group remains within liquidity risk appetite at all times.
• Contribute to management of investment portfolios including credit analysis and provision of supporting research to rates and credit investment strategy.
• Support the oversight of externally managed illiquid credit portfolios including production of quantitative credit analysis, qualitative reviews and evaluation of initial investment proposals.
• Monitor market developments and implications for the Direct Line investment portfolio including the preparation of a weekly market review, ongoing monitoring of AFS reserves and input to the monthly management information reports.
• Responsibility for execution of approved FX spot and forward contracts (in line with Group policy and minimum standards).
• Collaborate with Risk Capital Management and Investor Relations to ensure a strong alignment of interests and understanding of investment and treasury activities and capital/risk limit utilisation. Assist with production of asset information for capital modelling Solvency II budget and forecasting and rating agency investment data requests.

Our hybrid model offers a best of both worlds approach. When you’ll be in the office depends on your role and team but we are working towards 50% time in the office for 2026.

What you’ll need:

• Minimum of 2:1 (or equivalent) degree in a numerate subject.
• Good knowledge of capital markets and concepts particularly money markets and fixed interest.
• Good analytical and data manipulation & interpretation skills including strong spreadsheet skills.
• Good communication and presentation skills; ability to formulate and communicate coherent arguments.
• Fast learner and willing to take initiative.

Benefits

We recognise we wouldn’t be where we are today without our colleagues. That’s why we offer excellent benefits designed to suit your lifestyle:

9% employer contributed pension

50% off home motor and pet insurance plus free Green Flag breakdown cover

Additional optional Health and Dental insurance

EV car scheme

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Plus many more. We want everyone to get the most out of their time at Direct Line. Which is why we’ve looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best whatever that looks like and offering real choice flexibility and a greater work life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They’re about recognising who you are and the life you live.

Be yourself

Direct Line is an equal opportunity employer and we think diversity of background and thinking is a big strength in our people. We’re delighted to feature as one of the UK’s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work where everyone can be themselves and succeed in their careers.

We know you’re more than a CV and the things that make you you are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process please speak to the recruitment team who will be happy to support you.