Transition Manager

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long‑term investment and savings solutions.

Transition Manager Pension Risk Transfer (PRT) is a division within M&G Life with a remit to design and deliver bulk purchase annuities and alternative de‑risking products for Defined Benefit pension schemes. Due to ongoing success and a strong opportunity, the team is adding headcount in a number of areas. The Transition Manager is responsible for the end to end transition process including managing individual schemes and development of the transition management processes.

Key Responsibilities for this role:

• Responsible for the transition process of buy in schemes into the business and the transition of scheme from buy in to buy out (including attaching DC benefits).
• Management of the data verification / post sales pricing process.
• Perform data validation and quality assurance checks on scheme data, working with Operations and clients to resolve issues.
• Participate in external sales presentations and support the Origination team where appropriate.
• Produce and own transition plans with clients and internal stakeholders.
• Act as key internal contact point for all queries relating to the agreed schemes.
• Work with the Operations team to resolve complex queries.
• Own the residual risk due diligence process.
• Support the broader team with new initiatives and propositions.

Key Knowledge, Skills & Experience:

• Strong relationship management skills.
• Strong analytical and problem solving skills.
• Strong data analysis and validation skills with the ability to identify and investigate data quality issues.
• Experience interpreting and validating Defined Benefit pension scheme data.
• Financial Services & Insurance knowledge, especially around defined benefit pension de‑risking, with profits, longevity swaps and investment solutions (including Defined Contribution investment solutions).
• Experience of due diligence processes and procedures.
• Experience of transitioning data from Pension Schemes to Insurers, Insurer to Insurer transfers and across administration platforms.
• Passion for the customer.
• Pension Technical knowledge desirable.
• Effective written and presentation skills.
• High degree of honesty, integrity and discretion.

What we offer:

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days.
• Our Time Off When You Need It policy gives you the flexibility to balance work and personal commitments.
• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options.

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience. M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long‑term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application. We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying.