Investment Manager

Investment Manager

London – Hybrid (2 days a week in the office)

Full Time, 12 Month Fixed Term Contract

Let’s make the most of your talent

Join us as an Investment Manager, where you’ll shape our investment strategy, drive responsible investing, and make a real impact on financial performance and sustainability.

About us

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you’ll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.

We’ve got big dreams of becoming Britain’s best retail general insurer. And we’re almost there. Our talented, reactive, and communicative finance team are on call to help us do it in a sustainable, profitable way. With close connections to our shareholders, and a commitment to integrity that spans the entire business, our people are no strangers to creating – and maintaining – value on an unbelievable scale.

What you’ll be doing

Reporting directly to the Senior Investment Manager, you'll:

• Co-manage DLG’s internal Sterling corporate credit and government-related credit portfolios, ensuring investment objectives and financial targets are met within risk guidelines.

• Collaborate with the Front Office team on investment strategy, sharing market insights and providing back-up for cash and bond dealing.

• Support first-line investment risk management by contributing to risk forums, reviewing controls, and monitoring market risk data.

• Assist in stress testing and scenario analysis for investment portfolio strategy adjustments.

• Conduct ongoing credit analysis for liquid and illiquid assets, monitoring market trends and reporting on credit issuers.

• Maintain investment documentation, ensuring policies, controls, and compliance reporting are accurate and up to date.

• Act as DLG’s subject matter expert on responsible investing, identifying global best practices and driving ESG-aligned initiatives.

• Prepare and present monthly portfolio reports and participate in quarterly performance reviews of external fund managers.

• Stay informed on financial and credit market developments, assessing potential impacts on DLG’s investment portfolio.

• Evaluate new investment proposals from third parties and recommend next steps.

What we’re looking for

• Experience in an investment manager or assistant investment manager role, with hands-on exposure to portfolio management.

• Understanding of fixed income markets, investment strategies, and risk management principles.

• Ability to instil confidence in senior leaders (CFO, CRO, Investment Committee) and build relationships with external asset managers.

• Up-to-date understanding of ESG strategies and responsible investment initiatives.

• Data analysis, interpretation, and spreadsheet skills, with a keen eye for detail.

• Ability to articulate complex investment strategies and insights to both technical and non-technical audiences.

• A proactive mindset with the confidence to lead investment decisions.

What we offer in return

We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role. Core benefits include:

Ways of Working: Our hybrid model offers a 'best of both worlds' approach. When you'll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office.

We want everyone to get the most out of their time at DLG. 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 Group 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.

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