Senior Payroll Consultant in Glasgow

Senior Payroll Consultant in Glasgow

Glasgow Full-Time 43200 - 72000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Join our team to manage pensioner payrolls and ensure smooth operations.
  • Company: Legal & General is dedicated to building a better future through inclusive financial services.
  • Benefits: Enjoy flexible working, generous holidays, healthcare plans, and performance bonuses.
  • Other info: We embrace diversity and encourage applicants to focus on their strengths.
  • Why this job: Be part of a collaborative culture that values your contributions and supports your career growth.
  • Qualifications: Ideal candidates have a grasp of pension schemes and strong Excel skills.

The predicted salary is between 43200 - 72000 £ per year.


Company Description


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. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.

Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.


Job Description


Are you passionate about delivering accurate and timely payroll services? At Legal & General, we’re looking for a detail-oriented and collaborative individual to join our UK PRT Client Services team. This is a fantastic opportunity to contribute to the smooth transition and ongoing management of pensioner payrolls, ensuring excellent outcomes for our customers.

What you\'ll be doing:

  • Loading pensioner schemes and amendments onto payment systems
  • Managing buy-in payments and true-up calculations
  • Supporting brokers, Trustees, and members with complex schemes
  • Ensuring benefits and payments align with specifications
  • Testing and documenting processes for consistency
  • Communicating key updates to internal and external stakeholders
  • Creating efficient processes with full audit trails
  • Supporting and training team members in new procedures

Qualifications


Who we\'re looking for:

  • Understanding of defined benefit pension schemes
  • Ability to work to tight deadlines with clear communication
  • Knowledge of GDPR, Money Laundering, and Treating Customers Fairly
  • Strong awareness of team and business risks
  • Customer-focused mindset with relationship-building skills
  • Confidence working with data in Excel
  • Experience with core administrative systems
  • Ability to prioritise and organise tasks effectively

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

  • The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Healthcare Plan (permanent employees only)
  • 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 (permanent employees only)
  • 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.

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Senior Payroll Consultant in Glasgow employer: Legal & General

At Legal & General, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that prioritises employee wellbeing and development. As a Senior Payroll Consultant, you will enjoy competitive benefits including performance-related bonuses, generous holiday allowances, and opportunities for career growth in a modern, collaborative environment. Our commitment to flexible working arrangements and a focus on positive outcomes ensures that you can thrive both professionally and personally while contributing to meaningful financial services.

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Contact Details:

Legal & General Recruitment Team

StudySmarter Expert Advice🤫

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

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 Senior Payroll Consultant in Glasgow

Understanding of Defined Benefit Pension Schemes
Attention to Detail
Strong Communication Skills
Knowledge of GDPR
Understanding of Money Laundering Regulations
Customer Relationship Management
Data Analysis in Excel

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.