At a Glance
- Tasks: Support pension schemes transitioning to Buy-Out and engage with industry professionals.
- Company: Canada Life UK, a modern and agile organisation focused on building better futures.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic work environment with excellent career progression opportunities.
- Why this job: Make a real impact in the financial sector while developing valuable skills.
- Qualifications: Strong communication skills and a keen interest in finance or pensions.
The predicted salary is between 30000 - 40000 £ per year.
Location: Can be located in the Bristol, Watford or London office. Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903.
Job Purpose: The role holder will support a pipeline of schemes transitioning to Buy‑Out. This includes engagement with potential prospects via Employee Benefits Consultants, supporting Transition Consultants in transferring the portfolio to Canada Life and migrating the data to our systems. The role will maintain relationships with external parties across the industry, seek market feedback, and provide recommendations to improve outcomes for our members.
Key Accountabilities:
- Support a portfolio of pension risk transfer transactions transitioning from an initial engagement to onboarding, working with Transition Consultants and Employee Benefits Consultants/Trustees throughout the end‑to‑end process.
- Facilitate the writing of good quality business to achieve or exceed agreed standards within SLA and client expectations, using knowledge of Bulk Annuities to support Canada Life as a provider.
- Collaborate with Pricing, Legal, Finance and Operational teams to ensure contracts are correctly administered and benefits are understood, onboarded to Aptia systems and meet operational requirements.
- Assist with project management of the portfolio transition to Canada Life, working closely with Operational teams to transfer work.
- Establish and maintain strong relationships with Employee Benefit Consultants throughout the transition to Buy‑Out, conducting regular telephone calls and face‑to‑face meetings with Trustees and Corporate Clients.
- Be proactive in enhancing the process and supporting the administration of schemes during transition, including reviewing benefit specifications and reconciling payroll to meet contractual obligations.
- Contribute to ensuring business is managed throughout the end‑to‑end process to exceed SLA and client expectations, developing relationships with internal departments (Marketing, Sales Support, Compliance, Pricing, Aptia and Operations).
Transition Support Administrator (BPA) - Canada Life Limited employer: Jobs via eFinancialCareers
Canada Life Limited is an exceptional employer that prioritises the growth and well-being of its employees, offering a modern and agile work environment in vibrant locations such as Bristol, Watford, and London. With a strong focus on employee development, collaborative culture, and a commitment to building better futures for customers and staff alike, Canada Life provides meaningful opportunities for career advancement and personal fulfilment. Join a team that values innovation and teamwork, where your contributions directly impact the success of our clients and the community.
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