Investment Performance & Risk Lead

Location: London (City) 

Our solutions

Each of our offerings has been built for a purpose, whether it sits at the core of a portfolio to provide long-term growth or to offer access into a specific global market. Our 40-year plus history as asset managers means we have the expertise to provide high quality multi-asset and risk-profiled solutions as well as attractive equity, fixed income, alternative funds, and real estate finance. 

Our heritage

Our parent company, Great-West Lifeco, is a financially strong and stable global organisation, with total assets under administration of £1,800bn and approximately 33,250 employees worldwide, as at 31 December 2024. We also have more than 31 million customers worldwide. As the oldest Canadian life assurance company, Great-West Lifeco’s foundations trace back to 1847 – meaning we’ve been helping our customers plan for the future for more than 170 years.

Our team

Canada Life Asset Management has over 70 colleagues and includes more than 50 experienced investment professionals, with almost 20 years' average industry experience and ten years' average tenure at Canada Life Asset Management (CLAM). We are seeking an Investment Performance & Risk Lead to join the Investments team within CLAM, based in the firm’s London office.

Job Summary 

• Work with wider CLAM business, including fund managers and senior management, to enhance existing Management Information (“MI”) and develop new MI for CLAM’s clients and Asset Management’s senior leadership team.
• Produce, monitor and present MI to a range of audiences including senior management (where required). To include reporting on asset sourcing for clients, investment performance against targets and to articulate Lifeco’s wider asset capabilities.
• Supporting and developing Asset Liability Management (“ALM”) oversight within the Asset Management business.

What You’ll Do

• Production of and monitoring of Management Information (“MI”), including reports on: asset sourcing for clients; investment performance against targets; and articulation of asset sourcing capabilities across Lifeco and reporting this to clients.
• Work with wider Asset Management business to enhance existing MI (with some focus on the clients’ capital intensity of assets sourced/traded). Develop new MI and enhance existing MI for CLAM’s clients, and, for CLAM’s senior leadership team.
• Assist with the preparation of internal and external investment presentations. Presenting to senior management or committees when required.
• Provide support to CLAM clients’ ALM strategies.
• Assist in the continuous review and improvement of the departments’ processes and procedures to ensure the provision of timely, accurate and efficient levels of service.
• Support business projects to improve business processes and strategies.
• Continue own development in line with the Division’s objectives.

Who You Are

• Experience of working within an insurer’s actuarial/finance team concerned with annuity Asset Liability Matching (ALM) and/or annuity pricing/valuation/accounting. 
• Knowledge of asset classes relevant to backing annuity liabilities
• Knowledge of ALM for annuities (desirable)
• Experience in producing, monitoring, presenting and developing Management Information (key)
• Advanced knowledge of Excel and the ability to learn and use (or existing ability to use and develop) more advanced reporting technology (e.g., PowerBI)
• Appreciation and understanding of CLAM clients’ regulatory environment including Solvency UK (key), Solvency II Europe, and Canadian (desirable), as relevant for sourcing/managing appropriate assets for insurance clients of the Asset Management business.
• Proven communication skills with the ability to adapt messaging to the audience at hand (up to senior leadership level).
• Problem solving and decision-making skills.
• Planning and organising skills.

Qualifications

• Bachelor's degree in a numerical field (preferable)
• Student or Newly qualified actuary (an actuarial background is preferable but not essential) 

Benefits of working at Canada Life

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance.  We have a fantastic number of other benefits and support services as well as regular personal and professional development.

How we work at Canada Life

Our culture is unique and incredibly important to us.  We care about doing the right thing for our people, customers and community and helping others to build better futures.  Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others.  Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward. 

We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.

Diversity and inclusion

Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us.  We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus. 

“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.”  Nick Harding, Chief People Officer, Canada Life UK

We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.