Legal & General looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market since 1987, we are the UK's longest-running insurer. Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes, and their advisors to help them secure and protect scheme members' retirement benefits. Joining us means you'll support customers' financial security in retirement; help companies settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises. Job Description
We're recruiting for a Senior Transition Consultant to join our Award-Winning Pension Risk Transfer business. We offer a competitive base salary, great benefits, and the opportunity to work with Employee Benefit Consultants and Trustees of Defined Benefit Pension Schemes to develop scheme-specific transition plans, reconcile scheme member data, and accurately record the benefits secured. This is a Hybrid Working opportunity, allowing you to work between your home and our offices to find a work-life balance that works for you. What you'll be doing:
Developing scheme-specific transition plans for all transactions and providing these to Trustees, their advisors, and all interested parties within L&G. Analyzing scheme benefits and data to draft legal agreements that enable proper benefit administration. Performing peer reviews to ensure benefit specifications and data are correct. Managing the progress of schemes, including reviews, customer communications, and information provision. Supporting the new business team and Transition Managers with administration capabilities and site visits. Ensuring timely communication and maintaining an audit trail throughout the onboarding process. Assisting with continuous improvement initiatives within PRT Client Services. Keeping internal and external stakeholders updated on key information impacting their processing. Supporting team development through training and mentorship. Providing customers with clear, tailored information regarding their benefits and actions required. Qualifications
Pension Qualification such as CII or PMI, or demonstrable equivalent experience. Knowledge of pension regulations for DB schemes, especially de-risking processes. Understanding of benefit structures and administration in Defined Benefit schemes. Ability to manage tight deadlines and prioritize effectively. Strong organizational and project management skills. Excellent written and verbal communication skills. Customer-focused with strong relationship management skills. Benefits
Participation in annual performance bonus and share schemes. Generous pension contributions, life assurance, private medical insurance. At least 25 days holiday plus public holidays, with holiday buy/sell options. Electric car salary sacrifice scheme and various employee discounts. Modern, collaborative office spaces designed for wellbeing. Additional Information
At L&G, we foster an inclusive culture with flexible working options. We value potential and strengths over ticking every box. Join us to help build a better future for all.
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