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- Tasks: Lead a team to manage buy-out projects and ensure smooth data processes.
- Company: Join Just Group, a fast-growing FTSE 250 company focused on improving retirement experiences.
- Benefits: Enjoy competitive salary, generous leave, private medical cover, and mental health support.
- Why this job: Make a real impact in people's lives while developing your career in a supportive culture.
- Qualifications: 5+ years in the pensions industry with experience in DB de-risking and project management.
- Other info: Be part of a diverse team committed to sustainability and inclusion.
The predicted salary is between 42000 - 84000 ÂŁ per year.
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Who are Just?
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing FTSE 250 company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
Date Posted: 19/08/2025
Location: Reigate
Job Type: Full time
Apply Now
Who are Just?
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing FTSE 250 company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Purpose
The de-risking market continues to evolve and we are seeing a step change in schemes wishing to move to buy-out. This role will be pivotal in driving our existing schemes to achieving their de-risking ambitions whilst ensuring our buy-out new business implementation activities are controlled and robust.
The role is key for supporting multiple aspects of our business. The role will hold responsibility for driving schemes through project planning to their data cleanse completion and validation. As our business continues to grows, this role will work to deliver process improvements alongside the Data and Onboarding Team, unlocking administrative support from our TPA, enabling the DB Buy-Out proposition to operate at scale.
Job Role Accountabilities
- Manage buy-out team driving positive outcomes and a high performing culture.
- Oversee the project managing of all buyout data cleanse activities, agreeing project plans with internal and external stakeholders updating as required if any key deliverables change or are delayed.
- Working alongside the Data & Onboarding team flagging an buy out specific issues ahead of true-up activities being undertaken, overseeing any further data queries and requirements back from Trustee and administrators when identified during the buyout phase.
- Support Transition Relationship Managers throughout the data cleanse process as required to enable production of data sets for Individual Policies (IPs), payroll and setting up of the legal framework.
- Work alongside the Post Transaction Service manager and Head of Post Transaction Services to support schemes moving to buy-out Planning with the ultimate goal that ownership of this activity rests with the Buy-out Manager solely.
- Provide specialist technical support for Buy-out activities as required to both internal colleagues and external clients.
- Provide training and guidance to Buy-out Managers and Analysts as we as wider colleagues within the DB area.
- Working with Data and Onboarding team and Member Services teams to ensure appropriate processes are in place to support increasing scale of buy-out transactions and member levels.
- Maintain strong understanding of all regulatory requirements linked to buy-out activities including GMP Equalisation methodologies and how they relate to the buy-out journey.
- Identify opportunities to improve efficiency and accuracy of buy out process adapting current processes and implementing new processes to ensure positive member experience.
Skills And Experience
- At least 5 years’ experience working in the Pensions Industry for a similar organisation.
- Previous experience of working for a DB Pensions De Risking company, including working with both Trustees and EBCs with a background of driving scheme transitions through to conclusion.
- Excellent team manager with a proven track record of driving positive change across a number of different projects.
- Excellent understanding of DB de risking administration requirements and how they differ from standard pensions administration essential.
- Excellent understanding of life and pensions industry essential, in particular DB Pensions and the DB de risking market.
Company Benefits
- A Competitive Salary, Pension Scheme and Life Assurance
- Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
- Private Medical Cover and Income Protection, just in case
- A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
- Opportunity to progress within your career both in-role and within the company
- FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
- A variety of Employee Funded Benefits available to you via our Online Benefits Portal
- Plus, several additional purchase options available for you and your loved ones
Why Just?
At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture – we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
We’re committed to building a more sustainable business, and we’re working hard to make progress against our Net Zero targets. We\’re reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we\’re investing more of our money in green and social assets.
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just. We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.
Be Bold. Be Brilliant. Be Just.
Apply Now
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Buy Out Services Manager employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Buy Out Services Manager
✨Tip Number 1
Familiarise yourself with the de-risking market and the specific challenges that schemes face when moving to buy-out. Understanding these nuances will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who have experience with DB pensions and buy-out processes. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your previous experiences managing teams and driving positive change. Highlight specific projects where you successfully improved processes or outcomes, as this aligns with the role's requirements.
✨Tip Number 4
Stay updated on regulatory changes related to buy-out activities, such as GMP Equalisation methodologies. Being knowledgeable about current regulations will show your commitment to compliance and best practices.
We think you need these skills to ace Buy Out Services Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Buy Out Services Manager position. Understand the key responsibilities and required skills, such as experience in the pensions industry and project management.
Tailor Your CV: Customise your CV to highlight relevant experience in the pensions sector, particularly in DB de-risking. Emphasise your project management skills and any previous roles that demonstrate your ability to drive positive change.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your understanding of Just Group's mission to help people achieve a better later life. Mention specific examples of how your experience aligns with their goals.
Highlight Team Management Experience: Since the role involves managing a buy-out team, be sure to include examples of your leadership experience. Discuss how you've fostered a high-performing culture and driven successful outcomes in previous positions.
How to prepare for a job interview at Just Group plc
✨Understand the Company Culture
Before your interview, take some time to research Just Group plc's values and culture. They pride themselves on being ambitious, curious, and collaborative, so think about how your own values align with theirs and be ready to discuss this during the interview.
✨Showcase Your Experience in Pensions
Given that the role requires at least 5 years of experience in the pensions industry, prepare specific examples from your past roles that demonstrate your expertise in DB pensions and de-risking processes. Highlight any successful projects you've managed that relate to buy-outs.
✨Prepare for Technical Questions
Expect questions related to regulatory requirements and methodologies linked to buy-out activities, such as GMP Equalisation. Brush up on these topics and be ready to explain how they impact the buy-out journey, showcasing your technical knowledge.
✨Demonstrate Leadership Skills
As a Buy Out Services Manager, you'll need to manage a team effectively. Be prepared to discuss your leadership style and provide examples of how you've driven positive change in previous roles. Emphasise your ability to foster a high-performing culture within your team.
