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- Tasks: Join our team to onboard new Pension Risk Transfer business and ensure accurate benefit administration.
- Company: Legal & General, a leading UK financial services group with a focus on safeguarding futures.
- Benefits: Enjoy competitive pay, generous holidays, healthcare, and an electric car scheme.
- Why this job: Make a real impact in the financial sector while enjoying a flexible work-life balance.
- Qualifications: Pension qualification or equivalent experience, with strong communication and project management skills.
- Other info: Be part of an inclusive culture that values diverse backgrounds and career development.
The predicted salary is between 36000 - 60000 ÂŁ 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 Transitions Consultant to join our Award Winning Pension Risk Transfer Business. By joining our Transitions team as a Transitions Consultant, you’ll play a key role in onboarding new Pension Risk Transfer (PRT) business into L&G. You’ll work closely with trustees, consultants and other internal teams to ensure that benefits are correctly recorded and administered. This is a hybrid working opportunity, which will allow you to work between both your home and the office to find a work‑life balance that works for you.
What you’ll be doing:
- Analysing scheme benefits and data to support legal agreement drafting
- Ensuring benefit specifications and data are accurate across all teams
- Managing the progress of allocated schemes and responding to communications
- Supporting new business origination and attending site visits
- Advising on administration capabilities and data quality pre-transaction
- Following processes to maintain audit trails throughout onboarding
- Collaborating with internal and external stakeholders to share key updates
- Contributing to excellent customer outcomes through timely and accurate work
Qualifications:
- Holding a pension qualification such as CII or PMI, or equivalent experience
- Understanding Defined Benefit pension schemes and de‑risking processes
- Demonstrating knowledge of relevant legislation including GDPR and TCF
- Communicating clearly and professionally in both written and verbal formats
- Organising and managing projects effectively
- Prioritising tasks and escalating when needed
- Building strong relationships with internal and external stakeholders
- Delivering accurate and cost‑effective service with a customer‑first mindset
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.
Pension Consultant - Scheme Transition employer: Legal & General
Contact Detail:
Legal & General Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Consultant - Scheme Transition
✨Tip Number 1
Network like a pro! Reach out to current employees at L&G on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Pension Consultant role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of Defined Benefit pension schemes and de-risking processes. Be ready to discuss how you can contribute to excellent customer outcomes with your skills.
✨Tip Number 3
Showcase your project management skills! Think of examples where you've effectively organised and managed tasks, especially in a team setting. This will resonate well with the collaborative culture at L&G.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the latest opportunities right there.
We think you need these skills to ace Pension Consultant - Scheme Transition
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Pension Consultant role. Highlight your experience with pension schemes and any relevant qualifications, like CII or PMI, to show us you’re the right fit.
Showcase Your Communication Skills: Since clear communication is key in this role, give examples of how you've effectively communicated with stakeholders in the past. This could be through written reports or presentations – we want to see your skills shine!
Demonstrate Your Organisational Skills: We love candidates who can manage projects effectively. Share specific instances where you’ve successfully organised tasks or managed multiple priorities, especially in a fast-paced environment like pensions.
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 the role. Plus, it’s super easy to do!
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 pension schemes and de-risking processes. Familiarise yourself with the latest legislation, including GDPR and TCF, as these are crucial for the role. Being able to discuss these topics confidently will show that you're serious about the position.
✨Showcase Your Communication Skills
As a Pension Consultant, you'll need to communicate clearly and professionally. Practice articulating complex ideas in simple terms, both verbally and in writing. Consider preparing examples from your past experiences where effective communication made a difference in your work.
✨Demonstrate Project Management Prowess
Be ready to discuss how you've organised and managed projects in the past. Highlight your ability to prioritise tasks and escalate issues when necessary. This will demonstrate your capability to handle the responsibilities of managing allocated schemes effectively.
✨Build Relationships Like a Pro
The role involves collaborating with various stakeholders, so think about how you've built strong relationships in previous roles. Prepare anecdotes that showcase your ability to connect with both internal teams and external clients, emphasising your customer-first mindset.