Senior Pension Transitions Consultant in Hove

Senior Pension Transitions Consultant in Hove

Hove Full-Time 60000 - 75000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our team to onboard new Pension Risk Transfer business and develop tailored transition plans.
  • Company: Award-winning Pension Risk Transfer Business with a focus on innovation and sustainability.
  • Benefits: Enjoy competitive salary, generous holiday, healthcare, and an electric car scheme.
  • Other info: Be part of a dynamic team with opportunities for professional growth and development.
  • Why this job: Make a real impact in the pensions industry while enjoying a hybrid work-life balance.
  • Qualifications: Pensions qualification or equivalent experience with strong knowledge of DB pension regulations.

The predicted salary is between 60000 - 75000 £ per year.

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.
  • Analyzing 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.

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.

Senior Pension Transitions Consultant in Hove employer: Legal & General

At L&G, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Award Winning Pension Risk Transfer Business. Our hybrid working model promotes a healthy work-life balance, while our commitment to employee growth is reflected in our comprehensive benefits package, including generous pension contributions, performance-related bonuses, and opportunities for professional development. Join us in our mission to create sustainable workplaces and make a meaningful impact in the pensions industry.

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Contact Details:

Legal & General Recruitment Team

StudySmarter Expert Advice🤫

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

Tap into Campus Networks

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

Pensions Qualification (CII, PMI or equivalent)
Knowledge of DB Pension Regulations
Understanding of Defined Benefit Scheme Structures
Data Analysis
Project Management
Risk Awareness
Organisational Skills

Some tips for your application 🫡

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How to prepare for a job interview at Legal & General

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Legal & General.

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Show Your Passion for Finance

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Network with Industry Professionals

Before your interview, reach out to current or former Legal & General employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.