About LPPI

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose

Local Pensions Partnership Investments (LPPI) is an ambitious and innovative investment management business and collective of Local Government Pension Scheme (LGPS) partner funds. Together, we combine scale, expertise and insight to deliver long-term investment performance. As at April 2026, we are responsible for over £55 billion in assets.

Our clients include LGPS funds whose members represent a wide range of public-sector employers. We are driven to deliver first-class, value-for-money investment outcomes aligned to our clients’ interests, contributing to their long-term financial security.

We helped pioneer pooling strategies and continue to believe that a collaborative approach delivers stronger outcomes in today’s complex and evolving investment landscape. This collaborative approach underpins how we work day-to-day, combining close partnership with LGPS clients and a disciplined, institutional investment framework. We invest across public and private markets, including equities, fixed income, credit and real assets. Responsible investment is embedded in our investment philosophy and approach to stewardship.

Key Responsibilities

• The Analyst will support the team across reporting, investment underwriting, monitoring and portfolio management activities, contributing both qualitative and quantitative analysis to inform investment decision-making.
• The role is designed to develop core investment capability, with increasing responsibility for forming independent views and recommendations.
• The Analyst will collaborate widely across the investment function and with external managers, contributing to delivering strong client outcomes within a disciplined institutional investment framework.

1. Portfolio Management & Reporting
• Contribute to internal and external reporting including quarterly asset class reviews and client reporting, providing independent insights where appropriate.
• Monitor portfolio performance, exposures and risk across Real Estate investments.
• Responsible for cashflow forecasting, performance tracking and pipeline monitoring.
• Support portfolio construction through qualitative and quantitative analysis.
• Monitor the Real Estate team inbox, triaging requests and ensuring timely responses and escalation where required.
• Identify and support the completion of corporate governance actions, including tracking manager deliverables, consents and other governance-related processes

2. Investment Underwriting & Monitoring
• Support assessment of investment opportunities across funds, co-investments and direct assets.
• Participate in monitoring and underwriting meetings, including advance preparation.
• Review manager due diligence materials, including financial models and investment documentation.
• Produce investment write-ups and monitoring outputs.
• Form and articulate independent views and recommendations for discussion with senior team members.

3. Data & Systems
• Support data management processes underpinning underwriting, monitoring and reporting.
• Maintain accurate investment data, systems and documentation in line with LPPI procedures.
• Contribute to improving data quality and reporting processes.

4. ESG & Responsible Investment
• Support integration of ESG considerations into underwriting and monitoring processes.
• Assist in ESG data collection and stewardship tracking.
• Contribute to responsible investment reporting as required.

5. Stakeholder Engagement & Team Contribution
• Collaborate effectively across the Real Assets platform and wider investment teams.
• Build and maintain relationships with internal stakeholders, fund managers and advisers.
• Represent LPPI professionally in internal and external interactions.
• Contribute to process improvements and team knowledge sharing.

Requirements for the role

Experience
• Experience in real estate, investments, advisory or a related field.
• Preference for candidates with exposure to investment underwriting, monitoring or financial modelling.
• Strong knowledge of Real Estate markets is preferred; familiarity with fund structures and manager-led investing is desirable.

Education & Qualifications
• Degree level educated, preferably in Real Estate, Finance, Economics or Mathematics (or a related discipline).
• Postgraduate qualifications or professional accreditations (e.g. MRICS, CFA, CAIA or equivalent) are advantageous.

Technical Skills
• Strong quantitative analysis and working knowledge of Excel, with the ability to build and interpret investment models.
• Strong report writing skills, with the ability to produce clear, structured investment write-ups and commentary.
• Ability to combine quantitative analysis with qualitative assessment to form balanced investment views.
• Working knowledge of real estate investment strategies, capital markets and a broad understanding of asset classes and fund manager universes is desirable.
• Ability to interpret investment materials, synthesise complex information into clear insights and draw logical conclusions.

Core Competencies
• Strong written and verbal communication skills.
• Good conduct that is consistent with the LPPI values- aligned behaviours

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose
LPPI is an in-house investment business authorised and regulated by the Financial Conduct Authority. LPPI operates in the pension fund sector, managing the assets of several public sector pension schemes. LPPI has a portfolio of applications and data solutions that are hosted on Microsoft Azure and Power Platform services, such as Azure SQL Database, Synapse Workspace Analytics, Python notebooks, Power BI Reports, Power Apps, Power Automate flows, Kubernetes, Rest APIs and App Services.

LPPI requires an experienced senior application and data engineer who can deliver and support a pipeline of technical solutions approved by the Business Change Office, where each solution is aligned with established business needs and objectives. Responsibilities include delivery of end-to-end Business IT changes, from translating Business Analysis to technical requirements, architecture, development, testing, deployment and supporting of production services.

Key Responsibilities
• Provide technical analysis on new Change Briefs that come into the Business Change Office to understand the nature of the change, impact on current processes, data, operating model, and assessing against future-state TOM and LPPI’s design principles.
• For approved changes, elicit requirements from SMEs and business stakeholders to produce clear and accurate Technical Documents (HLD & LLD), incorporating both functional and non-functional needs.
• Deliver high-quality application and reporting solutions, ensuring application and data quality, security, and compliance is adhered to LPPI standard policies.
• Deliver robust, scalable, and high-performance technical solutions using modern technologies
• Coordinate and communicate with internal stakeholders, including business analysts, project managers, external suppliers, as well as the end-users across the development lifecycle, to ensure that the project objectives, scope, schedule, budget, and quality are met.
• Conduct quality assurance to ensure developed solutions meet the functional and non-functional requirements as well as ensure adherence to best practices, coding standards, and quality guidelines
• Prepare and maintain IT project documentation, code versioning, deployment and test artifacts.
• Manage risks, issues, and changes that may arise during the project lifecycle and escalate them to the appropriate level when necessary
• Monitor and manage existing production services for high availability and resilience, with pro-active measure improve overall service performance and providing production fixes.
• Follow ITIL principles to manage incidents, problems, and change requests.
• Work closely with Head of Business IT and Business Change Office function to ensure the successful deployment and transition of the IT solutions to the production environment.
• Provide expert guidance to IT peers across application and reporting technologies
• Present information regularly to Head of Business IT, and Chief Information & Technology Officer as well as other internal department heads, demonstrating effective written and oral communication skills.

Requirements for the role
• A familiarity in Investment Management and/or Financial Services and Working with business stakeholders in a cross-functional matrix environment.
• Understanding of modern applications, data and reporting solutions using Azure Cloud services, market products including but not limited to development of App Services with responsive UX, Web APIs, Service Bus, Agentic AI integration and Power BI reports (dashboards, Paginated, DAX queries), and power platform solutions
• Development of applications solution using Entity Driven Development (EDD), Test Driven Development (TDD) with Mock objects, N-tier application layer, and REST APIs with data cache.
• Integration of Agentic AI and its APIs within Application Services
• Azure DevOps to manage work items, code versioning, CI/CD pipelines, & deployment artifacts.
• Creating Business Process Modelling Notation (BPMN) flows, using modelling tools such as MS Visio.
• Excellent communication skills (written, verbal and presentation) and interpersonal.
• Must be able to understand and apply new technologies to stay current with best practices and trends in application and reporting architecture for financial services.
• Good analytical skills with the ability to present arguments to support and/ or challenge a proposal.
• Work both independently and within a team-oriented, collaborative environment.
• Adept at conducting research into project-related issues and products.
• A proactive, self-motivated team player who can manage multiple workloads with deadlines and continually strive for improvements in quality, efficiency and presentation.
• Demonstrated experience and ability to work across multiple complex technical initiatives/projects, whilst consistently operating to a high standard.
• Technical understanding of the complexities of delivering change into an Investment Management organisation, specifically where application eco-system is de-centralised.
• Understanding of the Azure Cloud Services, including Pro-Code and Low-Code Application development, Agentic AI Integration, Rest APIs, API Management, application databases design (relational, non relational and vector db) and reporting services is essential.

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose
LPPI is seeking an Associate to work within the Actuarial Risk team. They will bring their modelling skills and knowledge of the wider pensions marketplace to support and enhance the existing capabilities of the funding and contribution risk oversight LPPI provides. LPPI require that the individual has at least two years of experience in a similar role, has strong modelling and analytical skills, interest and understanding of pensions and investment and good communication skills. They will deliver and develop funding and contribution risk modelling, analysis and reporting for LPPI’s LGPS Partner Funds and stakeholders. This will include the development and monitoring of Partner Fund risk appetite statements, risk management oversight of long-term funding strategy and maintaining the team’s ALM software.

Key Responsibilities
• Work within the Actuarial and Funding Risk Team.
• Deliver and develop actuarial and funding risk modelling, analysis and reporting for LPPI’s Partner Funds and stakeholders.
• Preparation of funding (asset and liability) risk modelling, using ALM software, covering analysis and oversight of long-term Partner Fund funding and contribution strategy.
• Prepare funding risk reporting before it is issued for checking and review.
• Maintain and enhance funding risk data, models and reporting processes and infrastructure.
• Support development and monitoring of Partner Fund risk appetite statements.
• Provide support to the wider risk, client management and investment strategy teams.
• Provide support to projects from a risk perspective, including climate risk scenario analysis.
• Assist with the preparation of regular reports as required to the CRO, Executive and the Board.
• Support the maintenance of appropriate policies and desk procedures.
• Keep up to date with relevant actuarial, regulatory and financial markets matters; in particular, LGPS regulations and developments.
• Conduct research of wider pensions market and industry level funding considerations, to provide perspective on risk and funding.
• Develop technical skills and knowledge in relation to the role and gain knowledge of systems and processes through application.

Requirements for the role
• At least a 2(i) degree in Mathematics/Finance/Actuarial Science/Sciences or equivalent.
• To have started the actuarial qualifications would be attractive but not essential.
• Demonstrable interest and experience in working in the DB pension fund industry.
• Experience within the pensions industry using asset liability modelling software. Knowledge of Ortec GLASS would be desirable but not essential.
• Good modelling and excel skills. Some prior coding knowledge and experience in using PowerBI or Python would be attractive.
• Confident in answering queries, ability to explain technical issues in simplified terms.
• Ability to work under pressure to tight deadlines, prioritise work effectively and deliver work to a consistent standard of excellence.
• Change orientated and commercially aware, with the ability to produce good quality reports and add tangible value to technical discussions.
• Well-developed numerical, analytical and report writing skills.
• Demonstrable lateral thinking, problem solving, excellent communication skills and attention to detail.
• Adaptable and flexible, proactive, self-motivated.

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose
The Senior Associate will sit within LPPI’s Actuarial and Funding Risk Team and bring their actuarial background and knowledge of the wider pensions marketplace to enhance existing capabilities and expand the breadth and quality of the funding and investment risk oversight LPPI provides. They will deliver and develop actuarial and funding risk modelling, analysis and reporting for LPPI’s LGPS Partner Funds and stakeholders. This will include the development and monitoring of client risk appetite statements, risk management oversight of long-term client funding strategy and ownership of the team’s ALM software.

Key Responsibilities
• Work within the Actuarial and Funding Risk Team, reporting to the head of Actuarial and Funding Risk.
• Deliver and develop actuarial and funding risk modelling, analysis and reporting for LPPI’s LGPS Partner Funds and stakeholders. Support the enhancement of overall solvency, investment and funding risk management analysis.
• Preparation of funding (asset and liability) risk modelling, using ALM software, covering analysis and oversight of long-term client funding strategy.
• Prepare or check ALM analysis and reporting, including the set-up of the software, before it is issued for review.
• Support development, analysis and oversight of Partner Fund funding risk appetite statements.
• Support oversight of strategic asset allocation advice delivered to Partner Funds.
• Monitor long term funding and contribution strategy and risk.
• Maintain and enhance risk data, models, systems and reporting processes.
• Drive process improvements and efficiencies in analysis and reporting.
• Provide support to the wider risk, client management and investment strategy teams.
• Provide support to projects from a risk perspective, including climate risk scenario analysis.
• Check and review work of associate team members, ensuring accuracy and compliance with scheme rules, procedures, technical standards and legislation.
• Assist with the preparation of other regular reports as required to the CRO, Executive and the Board.
• Ensure all reporting which contains actuarial analysis complies with TAS 100.
• Support the maintenance of appropriate policies and desk procedures.
• Participation in wider industry experiences, such as external briefings on industry matters, business line specific events with peers and subject matter experts.
• Keep up to date with relevant actuarial, regulatory and financial markets matters; in particular, LGPS regulations and developments.
• Conduct research of wider pensions market and industry level funding considerations, to provide perspective on risk and funding.
• Develop technical skills and knowledge in relation to the role and gain knowledge of systems and processes through application.

Requirements for the role
• Newly Qualified, Nearly Qualified, or have completed associate level at IFoA.
• Demonstrable interest and have demonstrated experience in working within risk management, consulting or ALM-based function in the DB pension fund industry.
• Confident in answering client/stakeholder queries, will also have the ability to explain technical issues in simplified terms to Partner Funds, stakeholders and colleagues.
• Good modelling and excel skills, experience in using ALM software, some prior coding knowledge, use of PowerBI and Python would be attractive but not essential. Knowledge of Ortec GLASS would be desirable.
• Ability to work under pressure to tight deadlines, prioritise work effectively, strong time management and deliver work to a consistent standard of excellence.
• Change orientated and commercially aware, with the ability to produce good quality reports and add tangible value to technical discussions.
• Demonstrable lateral thinking, problem solving, excellent communication and organisational skills.
• Adaptable and flexible, pro-active, self-motivated, take the initiative.

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.