Research Analyst

About Legal & General (L&G)

Legal & General (L&G) is a leading UK financial services group and major global investor. We have been safeguarding people’s financial futures since 1836, striving to build a better society, improve customer lives, and create value for shareholders.

As one of the world's largest asset managers, we provide powerful asset origination capabilities. These underpin our retirement and protection solutions, making us an international player in pension risk transfer, UK and US life insurance, and UK workplace pensions and retirement income.

Our global asset management business provides clients and partners with complex, responsible investment solutions across public and private markets.

We are recognized as one of Europe’s largest asset managers and a major global investor across both public and private markets. Asset Management is a critical driver of our Group strategy, working synergistically with our Institutional Retirement and Retail divisions to benefit our clients, customers, and deliver enhanced shareholder returns.

Our investment philosophy focuses on creating long-term value, which includes incorporating financially material sustainability criteria where relevant to our clients to drive positive change.

Job Role: Research Analyst, Asset Allocation

We are looking for a Research Analyst to join our Asset Allocation team. This is an excellent opportunity for someone early in their investment career who is passionate about financial markets, macroeconomics, and investing.

You will work alongside economists, strategists, and portfolio managers, assisting in shaping investment views, supporting research projects, and developing analytical tools used across multi-asset portfolios. If you are naturally curious, analytical, and excited by financial markets, this role offers outstanding exposure and development opportunities.

Responsibilities

• Supporting strategy and research activity across the Multi Asset team.
• Assisting economists and strategists with macroeconomic and market research projects.
• Building and maintaining analytical tools, scorecards, and market indicators.
• Updating existing research frameworks and datasets.
• Supporting the generation of investment ideas across multiple asset classes.
• Analyzing economic, market, and investment data.
• Maintaining and improving team research infrastructure.
• Collaborating with portfolio managers and other investment professionals.

Qualifications & Experience

• Degree in Economics, Finance, or a closely related subject.
• 1–3 years of relevant experience within investments, financial markets, or economics.
• Strong understanding of investment fundamentals and analytical techniques.
• Genuine passion for financial markets and macroeconomics.
• Excellent analytical and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to work collaboratively while contributing independent thinking.
• Exposure to Python, SQL, or other analytical tools would be beneficial.

Benefits and Rewards

Whatever your role, we reward performance and behavior with a package that looks after what is important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
• Generous pension contribution.
• Life assurance.
• Healthcare Plan (permanent employees only).
• At least 25 days holiday, plus public holidays, increasing to 26 days after 2 years' service. Option available to buy and sell holiday.
• Competitive family leave.
• Electric car scheme through tax-efficient salary sacrifice (permanent employees only).
• Various discounts on L&G products and at a range of high street and online stores.
• Commitment to net-zero carbon workplaces by 2030, featuring sustainable, modern UK offices designed to foster collaboration.

Culture and Inclusion

At L&G, we believe it is possible to generate positive returns today while helping to build a better future for all. If you join us, you will be part of a welcoming, inclusive culture, with opportunities to collaborate with people from diverse backgrounds, views, and experiences. You will be guided by leaders with integrity who care about your future and wellbeing, and empowered through initiatives that support career development and excellence.

We care passionately about outcomes rather than attendance, making us open to discussing various flexible working options, including part-time roles and job shares. While some roles have limited flexibility due to customer demand, we accommodate requests whenever possible.

We encourage all applications; do not worry if you do not meet every single criterion listed. Instead, consider what you excel at and what strengths, potential, or connection to our purpose you can bring.