Senior DC Strategy Manager | London, UK

Legal & General; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Legal & General is looking for a Deputy in the DC Strategies team, responsible for shaping strategies that deliver value to members while managing around £45bn AUM by 2025. The ideal candidate will have extensive experience in asset management, particularly in investments and markets, along with strong project management skills.

Benefits

Performance bonuses

Share schemes

Pension contributions

Health plans

Generous holidays

Family leave

Electric car schemes

Discounts

Modern workspaces

Qualifications

• Extensive asset management experience, preferably in investments and markets.
• Strong business judgment with a market presence.
• Experience in the DC and ESG areas is desirable.

Responsibilities

• Prioritize team work and manage risk.
• Drive market-focused innovation in Target Date Funds.
• Co-develop team strategy and objectives.

Skills

Asset management experience

Project management

Relationship management

Education

Actuarial or equivalent investment technical background

Strong academic/professional qualifications

Job description

Company 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. These underpin our retirement and protection solutions: we are an international player in pension risk transfer, UK and US life insurance, and UK workplace pensions and retirement income.

L&G Asset Management is one of Europe's largest asset managers, offering complex, responsible investment solutions across public and private markets. As a global investor, we operate where our clients most need us - from Hong Kong and Singapore to Chicago and major European financial hubs.

Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division collaborates with our Institutional Retirement and Retail divisions to benefit clients and customers—including individual savers, pension scheme members, and global institutions—and to deliver enhanced shareholder returns.

Joining us means becoming part of a market-leading team with capabilities across all asset classes, committed to responsible investment and creating sustainable, long-term value for our clients and partners.

Job Description

The Asset Allocation team manages and grows diversified fund ranges with over £100bn assets under management. The team has expertise across investment management, consulting, banking, and academia, working with pension funds, insurers, and retail clients.

Defined Contributions (DC) is a key and expanding part of our business and central to L&G's strategy. The successful candidate will join the DC Strategies team, responsible for managing Target-Date and Lifetime Advantage Funds, which are expected to reach around £45bn AUM by 2025.

The Deputy to the team head will help shape the strategy to deliver value for members, influence team culture, and be involved in setting and driving team objectives.

Key responsibilities include:

• Prioritizing team work, understanding the scope, risks, and commercial factors
• Leading workstreams across the business
• Collaborating with other investment functions to deliver innovative solutions
• Driving market-focused innovation in Target Date Funds
• Co-developing team strategy and objectives
• Streamlining processes and reducing risks
• Acting as a link between DC Investments and consultants
• Partnering with distribution and clients to address their challenges

Qualifications

We seek candidates with:

• Extensive asset management experience, particularly in investments and markets; knowledge of DC and ESG is desirable
• Actuarial or equivalent investment technical background preferred
• Strong business judgment and external profile with market participants
• Excellent project management and delivery skills
• Ability to manage key relationships across teams
• Strong academic/professional qualifications or relevant experience

We offer competitive benefits including performance bonuses, share schemes, pension contributions, health plans, generous holidays, family leave, electric car schemes, discounts, and modern workspaces.

Additional Information

At L&G, we are committed to positive outcomes and fostering an inclusive culture. Flexible working options are available, and we welcome applications from candidates with diverse backgrounds and experiences.

We encourage you to consider what you bring to the role beyond the criteria listed—your strengths, potential, and connection to our purpose.