Transition Manager - Pensions

Transition Manager - Pensions

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
Pension Insurance Corporation plc

At a Glance

  • Tasks: Lead pension scheme transitions and ensure high customer service standards.
  • Company: Join a forward-thinking company focused on innovation and collaboration.
  • Benefits: Competitive salary, private medical insurance, 28 days leave, and a generous pension scheme.
  • Other info: Embrace diversity and grow in a supportive environment.
  • Why this job: Make a real impact in the pensions industry while developing your skills.
  • Qualifications: Experience in project management and knowledge of pension schemes required.

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.

Requirements

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 organise 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.

Benefits

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: Pension Insurance Corporation plc

At Pension Insurance Corporation, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture. As a Transition Manager, you will benefit from a competitive salary, comprehensive benefits including private medical insurance and a generous pension scheme, and ample opportunities for personal and professional growth in a dynamic environment focused on delivering high-quality service to our policyholders.

Pension Insurance Corporation plc

Contact Details:

Pension Insurance Corporation plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Transition Manager - Pensions

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Pension Insurance Corporation plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Transition Manager - Pensions

Project Management
Analytical Skills
Attention to Detail
Communication Skills
Problem-Solving Skills
Technical Knowledge of Transition Projects
Knowledge of Buy-in and Buy-out Pension Schemes

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Pension Insurance Corporation plc.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Pension Insurance Corporation plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Pension Insurance Corporation plc

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Pension Insurance Corporation plc.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Pension Insurance Corporation plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Pension Insurance Corporation plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.