At a Glance
- Tasks: Manage project transitions and ensure smooth data processes for pension schemes.
- Company: Dynamic pensions firm focused on client relationships and innovative solutions.
- Benefits: Competitive salary, generous leave, private medical cover, and a bonus scheme.
- Other info: Collaborative environment with clear paths for career advancement.
- Why this job: Kickstart your career in pensions with hands-on experience and growth opportunities.
- Qualifications: Experience in relationship roles, preferably in DB pensions; professional qualifications are a plus.
The predicted salary is between 40000 - 50000 £ per year.
This role is responsible for project planning and managing scheme transitions from contract negotiations through to the end of data cleanse, including the collation and validation of accurate data providing the cornerstone of the transaction and implementation of the contract. Agreeing process and timescales with the trustees and internal key stakeholders ensuring client commitments are met and issues are escalated accordingly, with excellent stakeholder management throughout the process. This role will concentrate on the smaller less complex transactions and provide the individual with the opportunity to begin their client relationship and transition manager career path. Enabling the individual to deliver strong and consistent stakeholder management, setting clear and agreeable timescales and expectations. The role will involve working on a number of small-scale buy-in transactions at once and will be responsible for ensuring all parties involved in the initial transition activities are aware of their responsibilities. They will also be called upon to support on larger transactions to support their development in role.
Key Responsibilities
- Project manage all assigned transitions from exclusive appointment, or earlier if required, ensuring timely completion of all tasks in line with client and business expectations.
- Complete all regulatory checks and reviews associated with new transactions, recording the activity to ensure robust audit trail.
- Act as lead on data cleanse process for assigned projects, agreeing project plans with internal and external stakeholders and updating as required if any key deliverables change or are delayed.
- Drive through data cleanse processes to a satisfactory conclusion, ensuring key deliverable are completed in line with agreed timescales and coordinating completion of all activities until handover to Implementation Managers.
- Communicate and agree operational tasks for all schemes in transition such as movement reporting and payroll funding with client, agreeing non-standard processes internally before implementing with clients.
- Ensure effective and complete stakeholder management through the transition process until the final premium is completed, communicated and settled, ensuring trustees have the best customer experience at all times.
- Ensure understanding of final data and data queries, managing queries between Just and client until finalised data schedule is agreed to a satisfactory level to be handed over to Implementation Team.
- Own completion and sign off of scheme Statement of Accounts in line with agreed DB Governance matrix, updating finance on new transactions and/or premiums.
- Work with Implementation Managers during Mercer set up keeping clients informed of progress and any delays or issues that affect them.
- Provide regular transition progress updates to Relationship & Transition Senior Manager and Director of Data and Transitions, ensuring delays and issues are flagged in a timely manner.
- Provide required support to and cover for other transition managers on leave, including oversight of other transitions and client activity.
Qualifications
- Desirable: Professional qualifications such as PMI or equivalent experience.
- Experience of working in a relationship role, preferably within a DB Pensions area.
- Experience working in the Pensions Industry for a similar organisation.
- Previous experience of working for a DB Pensions De Risking company desirable.
- Experience of working with both Trustees and EBCs and evidence of driving scheme transitions through to conclusion.
Benefits
- A competitive salary, pension scheme and life assurance.
- 25 days annual leave plus an additional day on your birthday.
- Private medical cover and income protection.
- A generous and highly achievable bonus scheme.
- Opportunities to progress your career in-role and within the company.
Transition Analyst employer: Just Group
As a Transition Analyst at our London or Reigate office, you will join a dynamic team that values collaboration and professional growth. We offer a competitive salary, generous annual leave, and a supportive work culture that prioritises employee development through mentorship and career progression opportunities. With a focus on delivering exceptional client experiences, you will be empowered to manage meaningful projects while enjoying the benefits of private medical cover and a rewarding bonus scheme.
StudySmarter Expert Advice🤫
We think this is how you could land Transition Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the pensions industry, especially those who work with DB schemes. Attend events or webinars, and don’t be shy about asking for informational interviews. You never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews by practising common questions related to project management and stakeholder engagement. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your experience effectively and make a lasting impression.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific projects where you managed transitions or worked with trustees. This will demonstrate your capability and give interviewers confidence in your abilities.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that Transition Analyst role!
We think you need these skills to ace Transition Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Transition Analyst role. Highlight any relevant experience in project management and stakeholder engagement, especially in the pensions sector. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a great fit. Don’t forget to mention your understanding of DB pensions and your approach to managing transitions.
Showcase Your Communication Skills:As a Transition Analyst, communication is key. In your application, demonstrate your ability to manage relationships and communicate effectively with stakeholders. We love seeing examples of how you've navigated complex situations in the past!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Just Group
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit pensions and the transition process. Familiarise yourself with key terms and concepts, as well as recent trends in the industry. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Project Management Skills
Prepare examples from your past experiences where you've successfully managed projects or transitions. Highlight your ability to coordinate with multiple stakeholders and meet deadlines. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Demonstrate Strong Communication Skills
As a Transition Analyst, you'll need to communicate clearly with clients and internal teams. Practice articulating your thoughts and ideas succinctly. Consider doing mock interviews with a friend or mentor to refine your communication style and ensure you're conveying your points effectively.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street, so come prepared with insightful questions about the company culture, team dynamics, and expectations for the role. This shows that you're engaged and serious about the position, plus it gives you a chance to assess if the company is the right fit for you.
