Head of Investments

Hastingsdirectsmartmiles; Hastings; Hybrid; GBP 100,000 - GBP 120,000; Full time

Job summary

A leading insurance provider in the UK is seeking a Head of Investments to shape its investment strategy as it grows beyond £3bn in assets. The successful candidate will oversee a resilient portfolio, manage external investment managers, and collaborate with teams across Finance, Risk, and Actuarial. This role offers flexible location options including London and Gibraltar. A competitive salary and comprehensive benefits package are included.

Benefits

£6k car allowance

Competitive bonus scheme

Private medical insurance

Income protection and life assurance

27 days annual leave plus bank holidays

Qualifications

• CFA or equivalent is preferred, along with significant industry experience.
• Strong understanding of markets with a focus on fixed income is crucial.
• Experience in managing insurance portfolios is advantageous.

Responsibilities

• Shape and deliver investment strategy with risk budgets and asset allocation.
• Source and assess new investment opportunities to enhance returns.
• Manage external investment managers, leading mandate design and performance reviews.

Skills

CFA or equivalent professional qualification

Significant experience in the investment industry

Understanding of markets with focus on fixed income

Ability to work independently

Proactive approach

Knowledge of insurance regulations

Education

Professional qualification or industry experience

Job description

Head of Investments page is loaded## Head of Investmentslocations: London / Hybrid: Gibraltartime type: Full timeposted on: Posted Todayjob requisition id: 60012923**Head of Investments****Location – London or Gibraltar – Hybrid****About AICL & Hastings:**Advantage Insurance Company Ltd (AICL) is a wholly owned subsidiary of Hastings Group, one of the largest and fastest growing personal lines insurers in the UK we are digitally focused Gibraltar-based insurer providing motor and home insurance to over four million customers in the UK. Hastings Group, in turn, is a subsidiary of Sampo, the largest insurance group in the Nordics.As part of Hastings, AICL delivers market leading pricing, claims, digital operations and maintains responsibility for the robust capital and investment management operations of the Group.**Role Purpose:**We’re excited to be creating a new Head of Investments role - an opportunity to shape the future of our investment strategy as we grow beyond £3bn in assets. This is an exciting opportunity to lead real change, overseeing a forward‑looking, resilient portfolio that balances high-quality, capital‑efficient asset allocations with carefully chosen investment managers.You’ll play a pivotal role in guiding how we invest, partnering with brilliant teams across Finance, Risk, Actuarial and Group to strengthen our balance sheet and drive long‑term value. Working within a small, high‑performing team, you’ll have the freedom to think big while staying close to the detail that matters.With flexible location options and the chance to spend time with our Gibraltar team, this is a role where your expertise will genuinely shape our next chapter. If this challenges and excites you even if you’re not sure you meet every requirement we’d love to hear from you.**Job Details*** Shape and deliver our investment strategy, including risk budgets, asset allocation and liquidity positioning, while embedding ESG considerations* Source and assess new investment opportunities that enhance returns and support our long‑term business plan* Manage and oversee external investment managers, leading mandate design, fee negotiations and ongoing performance reviews* Produce and present high‑quality investment reporting and insights to senior leadership, Board, Investment Committees, and Sampo Group forums* Work closely with Finance, Risk, Actuarial and Group teams to optimise capital, support regulatory submissions and maintain strong governance* Lead financial insight and investment reporting, including forecasts, P&L analysis, IFRS requirements and robust investment MI and data controls**Skills we would love you to have*** CFA (or equivalent professional qualification) or significant industry experience* Significant experience in the investment industry with preference for those who have managed insurance portfolios or supported insurance asset‑management strategy* Strong understanding of markets with focus on fixed income (public and private)* Ability to work independently within a small, high‑performing team* Proactive approach with a continuous‑improvement mindset* Knowledge of insurance regulations and asset‑liability matching principles**The interview process**Our interview process involves the below:* Recruiter screening call* Initial 30 min interview with hiring leader* 1st interview with hiring leader, CFO & HR* 2nd interview including case studyAs a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive – what this means to you is if you’re applying for a job with us, you’ll have fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS).For more information on the DCS, please visit our inclusive business page on our careers website *Regrettably we are unable to offer sponsorship for this role***Reward****Benefits:**in addition to a competitive salary and £6k car allowance you will also receive…**Flexible working –**we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail**Competitive bonus scheme-**all colleagues are eligible for our annual 4Cs performance bonus**Physical wellbeing –**as a Band 5 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen**Financial wellbeing –**as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with an award winning package which includes – discounts, cashback, free independent mortgage advice and free access to financial wellbeing support**Mental wellbeing programme –**we have the thrive mental health app, our colleague assistance programme available 24/7, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs**There's more! –** 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more ….Join us and you’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you’ll be helping to drive our growth, so in return, we’ll give you all the support, training and development you need. Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.Job posting end date:and check out the **what we offer** tab to learn more.Hastings Direct is a fast growing, agile, digitally focused general insurance provider of products and services to over 4 million customers in the UK, employing over 4,600 colleagues. Our vision – to be the best and biggest digital insurance provider in the market.It's our attitude and the way we run our business that makes us different. We focus on getting it right for our colleagues, customers, company and community. It's a dynamic, flexible, fun and constantly changing environment. You'll enjoy the scope to make a real difference for our customers, influence our company, benefit the communities we work in and have fun along the way.