At a Glance
- Tasks: Lead the Onboarding Calculations Team and ensure accurate delivery of pension calculations.
- Company: Join Legal & General, a leading UK financial services group with a rich history.
- Benefits: Enjoy competitive salary, generous holiday, healthcare, and performance-related bonuses.
- Other info: Be part of an inclusive culture that values your career development and wellbeing.
- Why this job: Make a real impact in pensions while enjoying flexible hybrid working.
- Qualifications: Qualified Actuary with experience in Defined Benefit pensions and strong leadership skills.
The predicted salary is between 60000 - 80000 £ per year.
Company Description
Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us.
Job Description
We are looking for a talented Pensions Actuary to join our Onboarding Calculations Team within our Pension Risk Transfer (PRT) Client Services function. In this pivotal role, you will help ensure the efficient and accurate delivery of manual calculations and essential claims work, whilst also providing technical expertise across the team on complex benefit structures and other specialist aspects of Defined Benefit pension schemes. If you have a strong background in Defined Benefit pensions, enjoy leading projects, coaching and supporting junior colleagues, and thrive when working on complex, detail‑oriented tasks, we would be delighted to hear from you. This is a hybrid working opportunity, which gives you the flexibility to split your week between home and our Hove offices to help you achieve a work‑life balance that works for you.
What you'll be doing:
- Providing technical oversight to the work done by the Onboarding Calculations Team
- Producing and checking individual Defined Benefits quotations
- Leading and supporting projects to enhance and improve our processes
- Acting as a Subject Matter Expert for the team, and providing technical support as required
- Supporting Team Managers with the ongoing development and coaching of the wider team
- Producing and analysing regular MI to ensure the quality of our customer outcomes
- Working closely with other internal teams to optimise the delivery of operational outcomes
- Facilitating the operation of any additional activities (as required)
Qualifications
Who we're looking for:
- Qualified Actuary with significant DB pension administration experience
- Detailed understanding of defined benefit pension scheme structures and regulations
- Extensive experience with manual individual quotations and complex DB benefit structures
- Proven ability to deliver solutions to technical and business problems
- Strong customer and client focus with excellent relationship management and leadership skills
- Ability to manage tight timescales and prioritise work effectively
- Excellent communication skills and ability to support team development
- Knowledge of relevant legislation and compliance requirements
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 the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information
At L&G, we believe it’s possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Onboarding Calculations Technical Manager in England employer: Legal And General Group
Contact Detail:
Legal And General Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Onboarding Calculations Technical Manager in England
✨Tip Number 1
Network like a pro! Reach out to current or former employees at L&G on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical knowledge of Defined Benefit pensions. We want to see you shine as a Subject Matter Expert, so be ready to discuss complex benefit structures and how you've tackled similar challenges in the past.
✨Tip Number 3
Show off your leadership skills! Think of examples where you've coached or supported junior colleagues. L&G values team development, so highlighting your experience in this area will definitely catch their eye.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the L&G family.
We think you need these skills to ace Onboarding Calculations Technical Manager in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the job description. Highlight your background in Defined Benefit pensions and any relevant projects you've led. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your expertise aligns with our needs. Be genuine and let your personality come through – we love to see the real you!
Showcase Your Technical Skills: Since this role involves complex calculations and technical oversight, make sure to highlight your experience with manual individual quotations and your understanding of DB pension scheme structures. We’re looking for someone who can hit the ground running!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Legal And General Group
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit pension schemes and their structures. Be prepared to discuss specific examples from your experience, as this role requires a deep understanding of complex benefit structures.
✨Showcase Your Leadership Skills
Since the role involves leading projects and coaching junior colleagues, think of instances where you've successfully led a team or project. Highlight your ability to manage tight deadlines while maintaining quality outcomes.
✨Prepare for Technical Questions
Expect to face technical questions related to pension regulations and compliance. Review relevant legislation and be ready to explain how you've applied this knowledge in your previous roles.
✨Demonstrate Your Customer Focus
This position requires strong relationship management skills. Prepare to share examples of how you've effectively managed client relationships and delivered exceptional customer service in your past roles.