Defined Benefit Pensions Transition Lead

Defined Benefit Pensions Transition Lead

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Sanderson

At a Glance

  • Tasks: Lead the onboarding and transition of defined benefit pension schemes with a focus on project delivery.
  • Company: Join a collaborative and evolving business with strong management support.
  • Benefits: Competitive salary, strong benefits package, and opportunities for professional development.
  • Other info: Flexible working arrangements may be available based on business needs.
  • Why this job: Make a real impact in the pensions sector while growing your career.
  • Qualifications: Strong knowledge of defined benefit pensions and project delivery experience.

The predicted salary is between 60000 - 80000 £ per year.

We are hiring a Transition Consultant to support the onboarding and transition of bulk annuity and defined benefit pension schemes. This is an opportunity to join a growing team with an excellent management structure and strong progression opportunities. Experience in a Transitions role is preferred but we are also open to considering people with strong pensions administration backgrounds that want to move into transitions. The DB pensions knowledge, project delivery experience, and the ability to manage multiple stakeholders is essential.

You will be responsible for:

  • Playing a key role in ensuring data, asset transfer, governance, and operational readiness are delivered to a high standard.
  • Acting as a specialist in defined benefit pensions administration and bulk annuity transitions, helping to coordinate projects from appointment through to settlement and handover to operational teams.
  • Leading the onboarding and transition of new bulk annuity business projects through the full lifecycle.
  • Managing client relationships and acting as the main point of contact for your portfolio of transitions, attending client meetings and coordinating with third-party administrators and internal teams.
  • Overseeing asset transitions, data migration activity, and implementation planning for new business.
  • Coordinating changes to operational processes that affect the client and internal teams.
  • Providing guidance on technical and administration-related queries.
  • Leading data cleanse activity for assigned projects and driving data cleanse workstreams through to completion alongside actuarial teams.
  • Maintaining up-to-date knowledge of bulk annuity propositions, pensions legislation, de-risking developments, and market trends.

What We're Looking For:

  • Strong knowledge of defined benefit pensions.
  • Experience delivering projects, implementations, or complex onboarding activity.
  • Understanding of DB pensions administration requirements, systems, and operating models.
  • Knowledge of DB de-risking administration and how it differs from standard pensions administration.
  • Strong communication, presentation and stakeholder management skills.

What’s on Offer:

This role offers the opportunity to join a collaborative and evolving business with a competitive salary, strong benefits package, and ongoing opportunities for professional development and career growth. Flexible working arrangements may also be available depending on business needs.

Defined Benefit Pensions Transition Lead employer: Sanderson

Join a dynamic and supportive team as a Defined Benefit Pensions Transition Lead, where your expertise in pensions administration will be valued and nurtured. Our company fosters a collaborative work culture with a strong emphasis on professional development, offering competitive salaries and a comprehensive benefits package, all while providing flexible working arrangements to suit your lifestyle. With a clear path for career progression and the chance to work on impactful projects, this is an excellent opportunity for those looking to make a meaningful contribution in the pensions sector.

Sanderson

Contact Details:

Sanderson Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Defined Benefit Pensions Transition Lead

Tip Number 1

Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.

Tip Number 2

Prepare for interviews by brushing up on your DB pensions knowledge. Make sure you can talk confidently about recent trends and legislation. We want you to shine when discussing how you can manage transitions effectively!

Tip Number 3

Showcase your project delivery experience! Be ready to share specific examples of how you've managed multiple stakeholders and delivered successful outcomes in previous roles. This will set you apart from the competition.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Defined Benefit Pensions Transition Lead

Defined Benefit Pensions Knowledge
Project Delivery Experience
Stakeholder Management
Data Transfer Management
Governance Oversight
Operational Readiness
Client Relationship Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your experience in defined benefit pensions and project delivery. We want to see how your background aligns with the role, so don’t be shy about showcasing relevant skills and achievements!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about transitioning bulk annuity and DB pension schemes. Let us know how your unique experiences make you the perfect fit for our team.

Showcase Your Stakeholder Management Skills:Since managing client relationships is key in this role, highlight any experience you have in stakeholder management. We love seeing examples of how you've successfully coordinated with different teams or clients in the past.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!

How to prepare for a job interview at Sanderson

Know Your DB Pensions Inside Out

Make sure you brush up on your knowledge of defined benefit pensions and bulk annuity transitions. Familiarise yourself with the latest trends, legislation, and de-risking developments in the industry. This will not only help you answer questions confidently but also show your genuine interest in the role.

Showcase Your Project Delivery Skills

Prepare to discuss your experience in project delivery and complex onboarding activities. Think of specific examples where you've successfully managed multiple stakeholders or coordinated projects. This will demonstrate your ability to handle the responsibilities of the Transition Consultant role effectively.

Master Stakeholder Management

Since managing client relationships is key, practice how you would communicate with different stakeholders. Be ready to share examples of how you've navigated challenging conversations or built strong relationships in previous roles. This will highlight your strong communication skills.

Ask Insightful Questions

Prepare thoughtful questions about the company's approach to transitions and their expectations for the role. This shows that you're not just interested in the job, but also in how you can contribute to the team's success. Plus, it gives you a chance to assess if the company is the right fit for you.