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- Tasks: Manage pensioner payrolls and ensure accurate payments for our clients.
- Company: Join Legal & General, a leading UK financial services group with a rich history since 1836.
- Benefits: Enjoy flexible working options, generous holidays, and a performance-related bonus plan.
- Why this job: Make a real impact on customers' financial security while working in an inclusive culture.
- Qualifications: Knowledge of defined benefit schemes and strong communication skills are essential.
- Other info: We value diverse backgrounds and support career development for all employees.
The predicted salary is between 33600 - 48000 ÂŁ per year.
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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.
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.
Seniority level
-
Seniority level
Not Applicable
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance
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Senior Payroll Consultant employer: Legal & General
Contact Detail:
Legal & General Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Payroll Consultant
✨Tip Number 1
Familiarise yourself with the specific requirements of defined benefit pension schemes. Understanding the nuances of these schemes will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the payroll and pensions industry. Attend relevant events or join online forums to connect with others who can provide insights or even referrals for the Senior Payroll Consultant position.
✨Tip Number 3
Brush up on your Excel skills, especially in data management and analysis. Being confident in handling data will be crucial for this role, and showcasing this skill during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with compliance issues such as GDPR and Money Laundering. Having concrete examples ready will show that you understand the regulatory landscape and are prepared to navigate it effectively.
We think you need these skills to ace Senior Payroll Consultant
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Senior Payroll Consultant position. Understand the key responsibilities and qualifications required, such as knowledge of defined benefit pension schemes and experience with administrative systems.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your customer-focused mindset, relationship-building skills, and any specific payroll or pension-related experience you have.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for delivering accurate payroll services. Mention how your background and skills make you a great fit for the role at Legal & General, and express your enthusiasm for contributing to their mission.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a role that involves managing payroll and financial data.
How to prepare for a job interview at Legal & General
✨Understand the Role
Before your interview, make sure you thoroughly understand the responsibilities of a Senior Payroll Consultant. Familiarise yourself with defined benefit pension schemes and the specific tasks mentioned in the job description, such as managing buy-in payments and supporting complex schemes.
✨Showcase Your Attention to Detail
As this role requires accuracy in payroll services, be prepared to discuss examples from your past experience where your attention to detail made a significant impact. Highlight any processes you've improved or errors you've caught that saved time or resources.
✨Prepare for Technical Questions
Expect questions related to GDPR, Money Laundering, and Treating Customers Fairly. Brush up on these topics and be ready to explain how they relate to payroll processes. This will demonstrate your knowledge and commitment to compliance.
✨Emphasise Team Collaboration
Legal & General values collaboration, so be ready to discuss how you've worked effectively within a team. Share experiences where you supported colleagues or trained team members, showcasing your ability to foster a positive working environment.
