PRT Business Development Manager (6 months FTC) in London

This role is based in our London office, with some flexibility to work between the office and home. We will discuss what is important to you and balancing this with business requirements during the recruitment process.

Salary and Benefits: c. £100,000 (subject to experience), plus bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.

We’re looking for a qualified Pension Risk Transfer (PRT) Business Development Manager with strong experience in driving and implementing the business development strategy for the bulk annuity proposition, to help us shape better retirements across the UK. In our Defined Benefits Solutions team, you’ll play a key role in strengthening relationships with external parties and improving the perception of Standard Life in the market to maximise our market perception and drive our business strategy.

Key Responsibilities:

• Business Development: Lead pipeline management, including early engagement with EBCs and clients on transactions yet to come to market to feed into planning cycles and best position Standard Life ahead of the process.
• Confidently communicate and advocate our PRT proposition, including maintaining an in-depth understanding of our capabilities, business strategy, and key topics in the wider pensions, economic and political landscape.
• Communicate effectively with a technical actuarial audience and simplify communications of technical issues to a non-technical audience.
• Collaborate with the PRT Transaction Managers to deliver on key priorities for the PRT proposition.
• Oversee and drive input needed from Standard Life colleagues to deliver our business development priorities.
• Develop ongoing management and distribution of key Management Information (MI) in relation to business development efforts.
• Manage effective knowledge sharing on market developments, trends and business news.

Relationship Management:

• Maintain strong internal relationships, particularly with Client Services, Workplace, Sustainability and Marketing/PR.
• Managing and developing existing relationships, including PRT clients and wider business clients to maximise our chances of securing further business.
• Build and manage external relationships with key industry figures, including professional independent trustee firms, in-house pensions managers and chairs of large schemes.

Brand Advocacy & Market Presence:

• Drive marketing and PR strategy with respective teams, advocate for PRT in Group-wide marketing and PR forums.
• Develop relationships with media representatives and confidently drive narrative with journalists.
• Be an ambassador for Standard Life, attending industry and networking events.

Team Leadership:

• Lead, develop, coach and mentor team members as required to maximise their contribution.

Experience and Knowledge (Essential):

• Significant experience of leading and managing the execution of PRT Deals or similar.
• Demonstrates strong commercial acumen, with a proactive and results-oriented approach.
• Deep knowledge of latest industry practices, regulatory requirements, and techniques for arranging and managing PRT deals.
• Strong existing network across the DB pensions universe.
• Proven ability to manage diverse stakeholders.

Skills and Personal Attributes:

• Strong analytical capability with a deep understanding of the UK defined benefit pensions market.
• Ability to work to tight deadlines without compromising accuracy or professional standards.
• Exceptional market knowledge and commercial awareness.

Qualifications & Certifications:

• Applicants will ideally hold a University Degree (or similar) in a relevant field. Qualified Actuary.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.