At a Glance
- Tasks: Join our team to develop and deliver tailored pension transition plans for clients.
- Company: Legal & General, a leading financial services group with a rich history.
- Benefits: Enjoy competitive salary, performance bonuses, generous holiday, and electric car scheme.
- 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 risk transfer sector while enjoying hybrid work flexibility.
- Qualifications: Pensions qualification or equivalent experience, with strong knowledge of DB regulations.
The predicted salary is between 55000 - 65000 £ 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.
We’re currently recruiting for a Senior Transitions Consultant to join our Award Winning Pension Risk Transfer Business. By joining our Transitions team you’ll play a key role in onboarding new Pension Risk Transfer (PRT) business into L&G. You’ll work closely with Employee Benefit Consultants and Trustees to develop scheme specific transition plans in order to reconcile scheme member data and accurately record the benefits secured. This is a hybrid working opportunity, which will allow you to split your working week between both your home and the office to find a work-life balance that works for you.
What you’ll be doing:
- Developing and delivering scheme‑specific transition plans, including documentation, governance structures, and controls to ensure efficient and timely onboarding for Trustees, advisers, and internal stakeholders.
- Analysing scheme benefits and data to support the drafting of legal agreements, ensuring benefits can be accurately administered by Client Services teams.
- Conducting first‑line peer reviews to ensure benefit specifications and data are accurate, enabling correct customer benefit payments and scheme funding.
- Taking end‑to‑end ownership of allocated schemes, monitoring progress, managing reviews, and responding promptly and appropriately to customer and stakeholder communications.
- Supporting new business origination and Transition Managers by advising on administration capabilities and attending site visits to assess data quality prior to transactions.
- Ensuring clear and timely communication with a complete audit trail across all benefit and data items throughout the onboarding lifecycle.
- Contributing to continuous improvement within PRT Client Services by producing relevant management information (MI) and sharing insights.
- Ensuring customers receive tailored, understandable communications that enable fair outcomes and appropriate action.
Who we’re looking for:
- Pensions qualification such as CII, PMI, or demonstrable equivalent experience.
- An in‑depth knowledge of DB pension regulations, including schemes undergoing de‑risking (essential).
- Demonstrable understanding of Defined Benefit scheme structures and administration (essential).
- Ability to manage tight deadlines and prioritise workload effectively.
- Ability to deliver a timely and accurate service, with a strong focus on getting things right first time.
- Strong risk awareness, including being able to proactively identify and mitigate risks to the team and business.
- Excellent organisational and project management skills, with hands‑on project experience being highly advantageous.
- A clear and professional communication style, that can be tailored to both internal and external stakeholders; including policyholders, members, regulators, third parties, and colleagues.
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 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.
Senior Pension Transitions Consultant in Hove employer: LegalAndGeneral
Contact Detail:
LegalAndGeneral Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Transitions Consultant in Hove
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry, especially those who work at L&G or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching L&G's recent projects and initiatives in pension risk transfer. Show us you’re genuinely interested and ready to contribute to our mission of safeguarding financial futures.
✨Tip Number 3
Practice your communication skills! As a Senior Transitions Consultant, you'll need to convey complex information clearly. Try mock interviews with friends or use online platforms to refine your style.
✨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 us you’re serious about joining our team at L&G.
We think you need these skills to ace Senior Pension Transitions Consultant in Hove
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Pension Transitions Consultant role. Highlight your experience with Defined Benefit schemes and any relevant qualifications, like CII or PMI, to show us you’re the right fit.
Showcase Your Skills: We want to see your project management and organisational skills shine through. Use specific examples from your past work to demonstrate how you've successfully managed tight deadlines and delivered accurate results.
Communicate Clearly: Your communication style matters! Make sure your application reflects a clear and professional tone. We’re looking for someone who can tailor their communication to different stakeholders, so don’t hesitate to showcase this in your writing.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at L&G.
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 (DB) pension regulations and structures. Being able to discuss specific schemes and their de-risking processes will show that you're not just familiar with the basics, but that you can handle the complexities of the role.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific situations related to onboarding new Pension Risk Transfer business. Think through examples from your past experience where you've successfully managed tight deadlines or resolved issues, and be ready to share these stories.
✨Showcase Your Communication Skills
Since you'll be liaising with various stakeholders, practice articulating complex pension concepts in a clear and concise manner. Tailor your communication style to different audiences, whether they are trustees, advisers, or internal teams, to demonstrate your adaptability.
✨Demonstrate Your Project Management Prowess
Be prepared to discuss your project management experience, especially in relation to managing multiple schemes simultaneously. Highlight any tools or methodologies you use to keep projects on track and ensure timely delivery, as this is crucial for the role.