At a Glance
- 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 salary, performance bonuses, generous holiday, and electric car scheme.
- Other info: Collaborative office spaces designed for wellbeing and excellent career growth opportunities.
- Why this job: Make a real impact in pension risk transfer while enjoying a hybrid work-life balance.
- Qualifications: Pension qualification or equivalent experience, plus strong communication and project management skills.
The predicted salary is between 50000 - 60000 £ 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. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer. Our Institutional Retirement business is the UK’s longest-serving active bulk annuity provider.
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
- Life assurance
- 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.
Pension Transitions Consultant in Hove employer: LegalAndGeneral
Legal & General is an exceptional employer, offering a dynamic work culture that prioritises employee wellbeing and professional growth. With a strong commitment to safeguarding financial futures since 1836, employees benefit from competitive remuneration, generous holiday allowances, and innovative perks such as an electric car scheme. The hybrid working model in Hove allows for a balanced lifestyle while contributing to meaningful projects in the pension risk transfer sector.
StudySmarter Expert Advice🤫
We think this is how you could land Pension Transitions Consultant in Hove
✨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 that Transitions Consultant role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Defined Benefit schemes and de-risking processes. We want to see your expertise shine through, so be ready to discuss how you can contribute to our award-winning team!
✨Tip Number 3
Show off your project management skills! Be ready to share examples of how you've organised and managed projects effectively. This will demonstrate your ability to handle the responsibilities of a Transitions Consultant.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Legal & General.
We think you need these skills to ace Pension Transitions Consultant in Hove
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pension Transitions Consultant role. Highlight your experience with Defined Benefit pension schemes and any relevant qualifications like CII or PMI. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about joining our team at Legal & General. Share specific examples of how you've successfully managed projects or collaborated with stakeholders in the past.
Showcase Your Communication Skills:Since clear communication is key in this role, make sure your written application reflects that. Use professional language, but don’t be afraid to let your personality shine through. We love a bit of character!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
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. Familiarise yourself with relevant legislation like 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 Transitions Consultant, clear communication is key. Prepare examples of how you've effectively communicated with stakeholders in the past. Whether it's written reports or verbal presentations, being able to articulate your thoughts clearly will set you apart from other candidates.
✨Demonstrate Your Project Management Skills
Think of specific instances where you've successfully managed projects or tasks. Highlight your ability to prioritise and organise work effectively, especially when dealing with multiple schemes. This will reassure the interviewers that you can handle the responsibilities of the role.
✨Build Rapport with Interviewers
Remember, interviews are not just about answering questions; they're also about building relationships. Be personable and engage with your interviewers. Ask them questions about their experiences at L&G and express genuine interest in the company culture. This will help you stand out as a candidate who fits well within their team.