Job Description
Due to continued growth in our award-winning Pension Risk Transfer business, we are seeking dedicated and knowledgeable Senior Calculations Consultants to join our PRT Client Services team.
As a Senior Calculations Consultant, your main responsibility will be calculating individual Defined Benefits quotations from various schemes, which is essential for the smooth administration and ongoing management of our Defined Benefit Pension schemes.
This role is ideal for someone with significant pensions administration experience who enjoys technical and complex work, with demonstrable experience working with DB Pension schemes.
This position offers a hybrid working arrangement, allowing you to split your week between home and our Hove offices to achieve a healthy work/life balance.
What you'll be doing:
* Leading in the calculation of Defined Benefits quotations and designing & issuing non-standard communications to scheme members
* Ensuring accurate benefit calculations with proper quality checks before issuance
* Providing efficient administration and claims services to scheme members, Trustees, and intermediaries
* Staying updated with current pensions legislation and acting as a technical SME for the team
* Facilitating activities such as valuations, data updates, and bulk transfers as needed
* Managing the onboarding process for new DB Pension schemes into L&G
* Keeping internal and external stakeholders informed with key information
* Designing and implementing training to improve customer outcomes
Who we're looking for:
* Pension qualification such as CII or PMI, or equivalent experience in DB Pensions
* Strong understanding of DB Pension schemes and related legislation
* Excellent customer orientation and relationship management skills
* Ability to manage tight deadlines and prioritize effectively
* Effective communication skills, both written and verbal
* Ownership mentality for resolving issues and queries
* Collaborative team player in a fast-paced environment
* Strong judgment and analytical skills
Benefits:
* Participation in annual performance bonus and share schemes
* Generous pension contributions
* Life assurance and healthcare plan
* At least 25 days holiday plus public holidays, with options to buy/sell holiday
* Family leave policies
* Electric car salary sacrifice scheme
* Employee discounts and redesigned, collaborative workspaces
At L&G, we foster an inclusive culture that values diversity and supports career development. We offer flexible working options and are committed to your wellbeing and success.
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