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Senior Transition Consultant - Defined Benefits, Hove
Client:
Legal & General
Location:
Hove, United Kingdom
Job Category:
Other
-
EU work permit required:
Yes
Job Reference:
8f18f3286c6e
Job Views:
4
Posted:
29.06.2025
Expiry Date:
13.08.2025
Job Description:
Job Description
We’re recruiting for a Senior Transition Consultant to join our Award Winning Pension Risk Transfer business. We’re offering 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 in order to reconcile scheme member data and accurately record the benefits secured.
This is a Hybrid Working opportunity, which will allow 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 a ‘scheme specific’ transition plan for all transactions and providing this to all Trustees, their advisers and all interested parties within L&G. This will include creating appropriate documentation to demonstrate how the transition project will be managed, and establishing the correct structures to control the transition of the scheme in the most efficient and timely manner.
* Analysing scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration areas.
* Performing first line peer reviews for team members to ensure that all teams within PRT have the correct benefit specification and data to guarantee that the customers receive their correct benefit entitlement and schemes are funded accurately.
* Taking responsibility for the progress of allocated schemes, including regular reviews, ensuring prompt and appropriate responses to customer communications and the provision of relevant information internally and externally.
* Supporting the new business origination team and the Transition Managers by offering advice on administration capabilities and attending site visits to gather an understanding of the quality of the data prior to transaction.
* Ensuring communication is delivered in a timely manner and maintaining a full audit trail of all benefit and data items throughout the onboarding process.
* Assisting with the delivery of continuous improvement across PRT Client Services, by providing relevant MI as required.
* Ensuring all internal customers and relevant third parties are kept updated on key information that impacts their processing to enable fair treatment of the end customer.
* Supporting the ongoing development of the team by providing support and training to less experienced members.
* Ensuring customers have sufficiently tailored information to understand what is being communicated, including any actions they need to take or when further support may be required.
Who we're looking for:
* Pension Qualification such as CII or PMI (or demonstrable equivalent experience)
* Knowledge of pension regulations for DB schemes, including a detailed understanding of the requirements for schemes in the process of de-risking (essential)
* An understanding of benefits structure and administration in Defined Benefit schemes (essential)
* Ability to manage tight timescales, prioritize work and escalate when necessary
* Ability to provide accurate and cost-effective service by getting things right first time
* A strong understanding of risks faced by their team/business and a desire to actively reduce these risks
* Strong organizational skills, with experience of project management being highly beneficial
* Clear written and verbal communication skills
* Highly customer focused with the ability to maintain and improve relationships with internal and external customers, including policyholders, scheme members, legislative bodies, third parties, and colleagues within L&G
Benefits include:
* Participation in annual performance-related bonus plan and share schemes
* Generous pension contribution
* Life assurance
* Private medical insurance
* At least 25 days holiday, plus public holidays, increasing to 26 days after 2 years’ service, with options to buy and sell holiday
* Competitive family leave
* Electric car scheme via salary sacrifice
* Discounts at various stores and for company products
* Modern, wellbeing-focused office spaces
Additional Information
At L&G, we believe in generating positive returns today while building a better future for all. We foster an inclusive culture with diverse backgrounds and experiences. We support flexible working arrangements and value potential and strengths over meeting every criterion. Join us to be part of a caring, supportive, and forward-thinking team.
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