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- Tasks: Onboard new Pension Risk Transfer business and ensure accurate benefit administration.
- Company: Join Legal & General, a leading UK financial services group with a rich history.
- Benefits: Enjoy competitive pay, generous holiday, healthcare, and an electric car scheme.
- Other info: Be part of an inclusive culture that values diverse backgrounds and career development.
- Why this job: Make a real impact in the financial sector while enjoying a flexible work-life balance.
- Qualifications: Pension qualification or equivalent experience; strong communication and project management skills.
The predicted salary is between 40000 - 50000 £ 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.
Job Description
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
Who we're looking for:
- 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
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
- 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
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 Transitions Consultant in Glasgow employer: LegalAndGeneral
Contact Detail:
LegalAndGeneral Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Transitions Consultant in Glasgow
✨Tip Number 1
Network like a pro! Reach out to people in the pension industry, especially those at Legal & General. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for those interviews! Research L&G’s values and recent projects in the Pension Risk Transfer space. Show us you’re not just another candidate but someone who genuinely cares about our mission.
✨Tip Number 3
Practice your communication skills. As a Transitions Consultant, you’ll need to convey complex information clearly. Try mock interviews with friends or use online platforms to refine your delivery.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at L&G.
We think you need these skills to ace Pension Transitions Consultant in Glasgow
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Pension Transitions 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 in previous positions. Whether it’s through emails, reports, or presentations, let us see your professional side 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.
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 LegalAndGeneral
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit pension schemes and de-risking processes. Being able to discuss these topics confidently will show that you understand the core of what the role entails.
✨Prepare for Stakeholder Engagement
Since you'll be collaborating with trustees, consultants, and internal teams, practice how you would communicate key updates and manage relationships. Think of examples from your past experiences where you successfully navigated similar interactions.
✨Showcase Your Analytical Skills
Be ready to discuss how you've previously analysed data or scheme benefits. Prepare specific examples that highlight your attention to detail and ability to ensure accuracy, as this is crucial for the onboarding process.
✨Demonstrate a Customer-First Mindset
Think about how you can contribute to excellent customer outcomes. Be prepared to share instances where you prioritised customer needs and delivered accurate services, as this aligns perfectly with L&G's values.