At a Glance
- Tasks: Manage complex pension transitions and collaborate with various stakeholders to ensure smooth delivery.
- Company: Join an award-winning Pension Risk Transfer business with a focus on innovation.
- Benefits: Enjoy competitive pay, generous holidays, healthcare, and a chance to drive an electric car.
- Other info: Be part of a sustainable workplace aiming for net-zero carbon by 2030.
- Why this job: Make a real impact in the pension industry while enjoying flexible hybrid working.
- Qualifications: Experience in Pension Risk Transfer and strong project management skills are essential.
The predicted salary is between 60000 - 80000 £ per year.
We’re looking for a Transitions Manager to join our Award‑Winning Pension Risk Transfer business. This is a key role, which involves supporting the successful transition of new Pension Risk Transfer business, working with trustees, advisers, administrators, brokers and internal teams to make sure schemes are planned, managed and delivered effectively. You’ll take ownership of scheme‑specific transition plans, support new business activity and help ensure customer outcomes remain at the centre of the transition process. It’s a great opportunity for someone with strong DB pensions and/or PRT experience who enjoys managing complex projects, building trusted relationships and keeping delivery on track. Hybrid working opportunity: work flexibly between home and office to achieve work–life balance.
What you'll be doing:
- Developing scheme‑specific transition plans for a portfolio of PRT transactions
- Managing end‑to‑end transition activity across agreed timelines, risks and milestones
- Working with trustees, advisers, brokers and administrators to agree data and benefit verification processes
- Supporting PRT Business Development activity, including tenders, beauty parades, site visits and opportunity‑specific documentation
- Leading internal workstreams and collaborating with teams across L&G to deliver successful transitions
- Maintaining accurate transition MI and providing timely updates to the management team
- Completing post‑transition reviews and helping close out schemes effectively
- Sharing technical knowledge and supporting the development of wider transition capability
Who we're looking for:
- A pension qualification such as CII or PMI, or equivalent experience
- Demonstrable experience in the Pension Risk Transfer market
- Experience administering or onboarding defined benefit pension schemes
- Strong knowledge of DB pension regulations, including wind‑up requirements and interaction with PPF and FAS
- Good understanding of buy‑in, buy‑out and wider pension de‑risking activity
- Strong project planning, prioritisation and delivery skills
- Clear, confident communication skills with the ability to influence senior stakeholders
- PRINCE2 Practitioner or equivalent project management experience would be beneficial, but is not essential
Benefits:
- The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan
- 27 days holiday, plus public holidays. 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
PRT - Transitions Manager in London 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 Global Financial Institutions team. With generous benefits including performance-related bonuses, a robust healthcare plan, and a commitment to sustainability, we empower our employees to thrive both personally and professionally. Join us in a supportive environment where your contributions are valued, and you can grow your career while making a positive impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land PRT - Transitions Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Legal & General. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace PRT - Transitions Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Legal & General.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Legal & General's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
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.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Legal & General will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨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.
