Senior Pension Transitions Consultant in Glasgow

Senior Pension Transitions Consultant in Glasgow

Glasgow Full-Time 55000 - 65000 € / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to onboard new Pension Risk Transfer business and develop tailored transition plans.
  • Company: Legal & General, a leading UK financial services group with a focus on building a better society.
  • Benefits: Enjoy competitive salary, generous holiday, healthcare plan, and performance-related bonuses.
  • Other info: Be part of an inclusive culture that values diverse backgrounds and supports career development.
  • Why this job: Make a real impact in the pension industry while enjoying a flexible hybrid working environment.
  • Qualifications: Pensions qualification or equivalent experience, with strong knowledge of DB pension regulations.

The predicted salary is between 55000 - 65000 € per year.

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.

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.
  • Analysing 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.

Rewards and 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.

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.

Senior Pension Transitions Consultant in Glasgow employer: Legal & General

Legal & General (L&G) is an exceptional employer, offering a dynamic work culture that prioritises employee wellbeing and development. With a strong commitment to sustainability and a hybrid working model, employees enjoy a healthy work-life balance while contributing to meaningful projects in the financial services sector. L&G provides generous benefits, including performance-related bonuses, a robust pension scheme, and opportunities for career growth within a diverse and inclusive environment.

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Contact Detail:

Legal & General Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Pension Transitions Consultant in Glasgow

Tip Number 1

Network like a pro! Reach out to current or former employees at L&G on LinkedIn. Ask them about their experiences and any tips they might have for the interview process. Personal connections can give you insights that you won’t find anywhere else.

Tip Number 2

Prepare for those tricky interview questions! Think about how your experience aligns with the role of a Senior Pension Transitions Consultant. Be ready to discuss specific examples of how you've managed tight deadlines or improved processes in previous roles.

Tip Number 3

Show off your passion for pensions! Make sure to highlight your understanding of DB pension regulations and your qualifications. This is your chance to demonstrate why you’re the perfect fit for the team at L&G.

Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

We think you need these skills to ace Senior Pension Transitions Consultant in Glasgow

Pensions Qualification (CII, PMI or equivalent experience)
In-depth knowledge of DB pension regulations
Understanding of Defined Benefit scheme structures and administration
Analytical Skills
Project Management
Risk Awareness
Organisational Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with pension regulations and transitions. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!

Showcase Your Communication Skills:Since you'll be dealing with various stakeholders, it's crucial to demonstrate your clear and professional communication style. Use examples in your application that show how you've effectively communicated complex information in the past.

Highlight Your Project Management Experience:We love candidates who can manage tight deadlines and prioritise workloads. Share specific instances where you’ve successfully led projects or managed multiple tasks at once, especially in a pensions context.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity in our award-winning team.

How to prepare for a job interview at Legal & General

Know Your Pensions Inside Out

Make sure you brush up on your knowledge of Defined Benefit (DB) pension regulations and structures. Being able to discuss specific schemes and their de-risking processes will show that you’re not just familiar with the basics, but that you can handle the complexities involved in pension transitions.

Prepare for Scenario Questions

Expect to be asked about how you would handle specific situations related to onboarding new Pension Risk Transfer business. Think of examples from your past experience where you successfully managed tight deadlines or resolved issues with stakeholders, and be ready to share these stories.

Showcase Your Communication Skills

Since clear communication is key in this role, practice articulating complex pension concepts in a way that’s easy to understand. You might be asked to explain how you would communicate with different stakeholders, so think about how you can tailor your message to suit various audiences.

Demonstrate Your Project Management Abilities

Be prepared to discuss your project management experience, especially in relation to managing multiple schemes simultaneously. Highlight any tools or methodologies you’ve used to keep projects on track and ensure timely delivery, as this will resonate well with the team at L&G.