Job Description
We’re currently recruiting for a Senior Transitions Consultant to join our Award Winning Pension Risk Transfer Business.
By joining our Transitions team you’ll play a key role in onboarding new Pension Risk Transfer (PRT) business into L&G. You’ll work closely with Employee Benefit Consultants and Trustees 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 split your working week between both your home and the office to find a work-life balance that works for you.
What you’ll be doing:
- Developing and delivering scheme‑specific transition plans, including documentation, governance structures, and controls to ensure efficient and timely onboarding for Trustees, advisers, and internal stakeholders
- Analyzing scheme benefits and data to support the drafting of legal agreements, ensuring benefits can be accurately administered by Client Services teams
- Conducting first‑line peer reviews to ensure benefit specifications and data are accurate, enabling correct customer benefit payments and scheme funding
- Taking end‑to‑end ownership of allocated schemes, monitoring progress, managing reviews, and responding promptly and appropriately to customer and stakeholder communications
- Supporting new business origination and Transition Managers by advising on administration capabilities and attending site visits to assess data quality prior to transactions
- Ensuring clear and timely communication with a complete audit trail across all benefit and data items throughout the onboarding lifecycle
- Contributing to continuous improvement within PRT Client Services by producing relevant management information (MI) and sharing insights
- Ensuring customers receive tailored, understandable communications that enable fair outcomes and appropriate action
Who we’re looking for:
- Pensions qualification such as CII, PMI, or demonstrable equivalent experience
- An in‑depth knowledge of DB pension regulations, including schemes undergoing de‑risking (essential)
- Demonstrable understanding of Defined Benefit scheme structures and administration (essential)
- Ability to manage tight deadlines and prioritise workload effectively
- Ability to deliver a timely and accurate service, with a strong focus on getting things right first time
- Strong risk awareness, including being able to proactively identify and mitigate risks to the team and business
- Excellent organisational and project management skills, with hands‑on project experience being highly advantageous
- A clear and professional communication style, that can be tailored to both internal and external stakeholders; including policyholders, members, regulators, third parties, and colleagues
Benefits
- The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax efficient salary sacrifice
- There are many discounts we offer – both for our own products and at a range of high street stores and online
- We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
