PRT - Transitions Manager

PRT - Transitions Manager

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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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 bonuses, generous holidays, and a healthcare plan.
  • 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 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.

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Contact Details:

Legal & General Recruitment Team

We think you need these skills to ace PRT - Transitions Manager

Pension Risk Transfer (PRT) experience
Defined Benefit (DB) pension scheme administration
Knowledge of DB pension regulations
Project planning
Prioritisation skills
Delivery management
Communication skills