ALM Associate - #2116492

Introduction

At Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them. We’re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. If you’re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher.
Overview

We’re looking for an Asset & Liability Management (ALM) Specialist to join our team in London. You’ll use cutting-edge tools and in-house software to help our clients’ investments meet their needs. This is a chance to make a real difference by designing solutions that reduce risk and improve returns.

How you'll make an impact

• Model asset classes like equities, bonds, credit, derivatives, hedge funds, and alternatives.
• Design and implement capital market and liability-driven investment (LDI) solutions.
• Evaluate risks in pension funds and institutional investor portfolios.
• Stay on top of market trends and key developments.
• Work closely with investment consultants to deliver tailored advice.
• Plan projects, discuss approaches, and provide fee recommendations.
• Develop ongoing investment strategies that align with client goals and market changes.

About You

You’ll thrive in this role if you:

• Are a CFA Charter holder, FIA/AIA, or working towards these qualifications.
• Have 5–8 years of experience in investment consultancy or life insurance.
• Are passionate about financial markets.
• Have experience modelling asset classes or pension fund liabilities.
• Are analytical and enjoy challenging assumptions.
• Pay attention to detail and deliver high-quality work.
• Work well both independently and as part of a team.

It’s a plus if you:

• Have experience with actuarial longevity or mortality modelling.
• Have research experience, whether academic or practitioner-led.
• Are curious and love experimenting with new ideas.
• Learn quickly and adapt to new challenges.
• Have a hands-on approach and a collaborative mindset.

Location

This role is based in London. Applicants must already have the legal right to work in the UK.

Compensation and benefits

At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.

• Competitive compensation
• Comprehensive benefits programs designed to support your well-being
• Career development opportunities and ongoing learning
• A collaborative, people-first culture with accessible leadership
• The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. Although this role is listed as full-time, if you’re in a job-share partnership, work reduced hours, or have any other flexible arrangement, please still get in touch. We will also offer reasonable adjustments to the recruitment process if required, so please let us know.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)