Deadline:
As soon as possible
Location(s)
Luxembourg
Findel
Details
About Lombard International Assurance
Lombard International Assurance is a leading Luxembourg-based provider of insurance-based wealth solutions across Europe. A part of Utmost Group, Lombard International’s solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.
On 30 December 2024, Utmost Group announced it had completed the acquisition of Lombard International Assurance Holdings Sarl and the company will be fully rebranded to Utmost Luxembourg S.A. by the end of 2025.
About Utmost Group plc
Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost international and Utmost Life and Pensions, which together are responsible for £109bn of primarily unit-linked policyholder assets for 5000,000 policyholders, on a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holding Sarl. Utmost Group plc is subject to group supervision by the PRA.
About Utmost International
Utmost International is a leading provider of insurance-based wealth solutions. Utmost international operates across the UK, Europe Latin America; Asia, and the Middle East. Its solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.
On a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holdings Sarl, Utmost International would have managed £103bn of assets under administration on behalf of approximately 210,000 policyholders.
Your role – Are you ready for a challenge?
Your responsibilities will be as follows:
Service delivery and standards
- Setup, update and review of eligible assets according to the legal and regulatory restrictions as issued by applicable CAA (“Commissariat aux Assurances”) regulations and European legislation as well as the alignment with the defined investment strategy,
- Analyse new portfolio investments in accordance with home and host country regulations,
- Review of the contractual documentation: investment profile, investment strategy and indemnity letter,
- Suitability check between the investment strategy signed by the client and his/her risk investment profile at on-boarding and during the whole life of a policy,
- Setup of rules and investment strategies in the system,
- Provide monthly and quarterly reporting to partners, clients & other departments on regulatory and investment strategy breaches and follow-up and implementation of mitigation actions with external investment managers in case of deviation of investment regulations,
- Deal with day-to-day queries from Sales and Client services regarding investment compliance and monitoring.
Relationships and influencing
- Adopt a professional and ethical attitude,
- Ensure a professional and reliable service to clients and internal and external services.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Your profile – Have you got what it takes to become our Asset Oversight Intern?
Functional / Technical Skills
- In a Master degree in Finance, Economics or equivalent,
- Good knowledge on investment instruments and financial environment,
- Good knowledge of MS Office, especially Excel.
Other Skills
- Fluent in English,
- Able to deal, with facts, figures and adherence to systems,
- Well organized with a methodical approach to work,
- Able to gather and process information efficiently.
Dates
Deadline: As soon as possible
Cost/funding for participants
We offer you
Sitting at the crossroads of private banking, asset management and insurance, we operate in a well-established and fast-growing segment of the financial services industry. We offer a thriving and entrepreneurial work environment, with the opportunity to work across multiple geographies, learn valuable new skills, develop great expertise, and establish long-lasting relationships. It is an exciting opportunity to build a network of contacts across the organisation in a collaborative and diverse workplace.
Our Luxembourg office is home to a diverse team of over 50 nationalities and we are always looking for exceptional talent to join our team. Because our people are our greatest assets, you will enjoy reward and recognition packages. We also offer you the possibility to shape your professional career in line with your own goals and the opportunity to work with the top talent in the industry. We are committed to extending equal employment opportunities to all individuals.
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
