At a Glance
- Tasks: Lead pension scheme transitions and ensure high standards of customer service.
- Company: Join a forward-thinking company committed to diversity and innovation.
- Benefits: Enjoy competitive salary, private medical insurance, and 28 days' annual leave.
- Other info: Dynamic work environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the pensions industry while developing your skills.
- Qualifications: Experience in project management and pension administration is preferred.
The predicted salary is between 60000 - 75000 £ per year.
We are seeking a Transition Manager to lead the successful delivery of buy‑in and buy‑out pension scheme transitions. This role is critical in ensuring the effective implementation of new business, managing portfolios of varying complexity, and maintaining high standards of customer service for PIC policyholders. The role works closely with internal teams and external stakeholders to deliver seamless transitions, applying technical expertise, strong project management capability, and commercial judgement to achieve positive business and customer outcomes.
Responsibilities
- Lead end‑to‑end transition projects from inception to completion, ensuring delivery to time, budget and regulatory standards.
- Manage buy‑in and buy‑out pension portfolios of varying complexity, ensuring high levels of service to policyholders.
- Conduct detailed analysis of insurance contracts, scheme benefit data, and supporting documentation.
- Develop and deliver comprehensive transition plans, including risk assessment and mitigation strategies.
- Prepare high-quality project documentation, including project plans, status reports, action logs, and risk/issue logs.
- Deliver post‑implementation reviews and recommendations to improve quality and processes.
- Collaborate with internal stakeholders (Risk, Legal, Finance, Operations, Origination) to define scope, deliverables and project outcomes.
- Manage relationships with external stakeholders including Trustees, advisors and third‑party providers.
- Apply technical and market insight to assess impacts of portfolio changes on policyholders.
- Identify and support improvements to systems, processes and automation to enhance efficiency and outcomes.
- Contribute to maintaining PIC’s strong brand, reputation, and customer outcome focus.
Accountabilities
- Deliver transition projects aligned with PIC policies, governance and regulatory requirements.
- Own and manage project documentation, ensuring clarity, accuracy and suitability for different audiences.
- Analyse risks, issues and data to support effective decision‑making and delivery.
- Build and maintain strong relationships with internal teams and external stakeholders.
- Continuously review and improve transition processes and controls.
- Take ownership of personal development across both technical and behavioural skills.
- Stay informed on industry trends, market developments and regulatory changes, sharing insights with the wider team.
Personal Attributes
- Collaborative and relationship‑focused, able to work effectively across multiple stakeholders.
- Strong problem‑solver with the ability to apply critical thinking and judgement.
- Clear and structured communicator, able to present complex information in a simple way.
- Proactive and organised, with the ability to manage multiple priorities.
- Adaptable and positive, with a focus on continuous improvement.
Knowledge
- Good technical knowledge of transition projects in the insurance industry.
- Established knowledge of buy‑in and buy‑out pension schemes.
- Excellent knowledge of Transitions processes, policies and controls.
- Advanced knowledge of data analysis and interpretation.
- Knowledge of working in a regulated environment.
Skills
- Strong organisational skills.
- Strong communication skills.
- Attention to detail.
- Analytical skills.
- Ability to persuade and influence both directly and indirectly.
- Project management skills.
- Ability to organize work to meet deadlines.
- Ability to work within defined procedures as recommended by functional teams.
- Commercial judgement.
- Good working knowledge of MS Excel, MS PowerPoint, MS Word.
Experience
- Recognised qualification in project management, change management or strong employment record of pension administration.
- Experience in developing effective monitoring and quality control processes.
- Experience of delivering change management projects with minimal disruption/impact to customer service levels.
- Experience working in a corporate or consulting environment in a client facing capacity.
- Capable and willing to work towards achieving the relevant qualification to support career development.
DEI at PIC
At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio‑economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.
In addition to a competitive base salary and the opportunity to participate in our annual, performance‑related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
Transition Manager - Pensions employer: LGBT Great
At Pension Insurance Corporation, we pride ourselves on being an exceptional employer, offering a collaborative work culture that values diverse perspectives and fosters personal growth. As a Transition Manager, you will benefit from competitive compensation, comprehensive health benefits, and generous annual leave, all while working in a dynamic environment that prioritises innovation and customer service excellence. Join us to make a meaningful impact in the pensions sector, where your expertise will be valued and your career development supported.
StudySmarter Expert Advice🤫
We think this is how you could land Transition Manager - Pensions
✨Tip Number 1
Network like a pro! Reach out to people in the pensions and insurance industry, especially those who work at PIC. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for your interviews by brushing up on your project management skills and understanding of buy-in and buy-out pension schemes. We want to see how you can apply your knowledge to real-world scenarios, so think of examples from your past experiences.
✨Tip Number 3
Show off your analytical skills! Be ready to discuss how you've tackled complex problems in previous roles. We love candidates who can think critically and provide solutions, so come armed with specific examples.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at PIC.
We think you need these skills to ace Transition Manager - Pensions
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Transition Manager role. Highlight your experience with pension schemes and project management, and show us how your skills align with our needs.
Showcase Your Skills:We want to see your strong organisational and analytical skills in action! Use specific examples from your past experiences to demonstrate how you've successfully managed complex projects or improved processes.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate structured communication, so make sure your documents are easy to read and free of jargon. This will help us understand your qualifications better!
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 LGBT Great
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of buy-in and buy-out pension schemes. Understand the key processes, policies, and controls involved in transitions. This will not only help you answer technical questions but also show your genuine interest in the role.
✨Showcase Your Project Management Skills
Prepare to discuss your experience with managing complex projects. Have specific examples ready that demonstrate your ability to lead end-to-end transitions, manage budgets, and meet regulatory standards. Highlight any tools or methodologies you’ve used to keep projects on track.
✨Build Relationships, Even in the Interview
Since this role involves collaborating with various stakeholders, be prepared to discuss how you build and maintain relationships. Share examples of how you've worked effectively with internal teams and external partners, and emphasise your communication skills.
✨Be Ready for Problem-Solving Scenarios
Expect to face some situational questions that test your problem-solving abilities. Think of past challenges you've encountered in project management or pension transitions and how you overcame them. This will showcase your critical thinking and judgement skills.
