Scheme Transition Consultant
2 months ago
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Job Summary:
• The job purpose is to provide project management of our existing portfolio and on boarding of new bulk annuity business through the end to end process. The role holder will ensure a robust control environment as a scheme transitions.
• The role holder will be considered a specialist for the company in respect of the Defined Benefit pensions administration and bulk annuity business with an in-depth understanding of the end-to-end bulk annuity process and the external market.
• Ensure effective and complete stakeholder management through the transition process until the final premium is completed, communicated and settled, ensuring Trustees have the best customer experience at all times.
Responsibilities:
1)
• Project Manage all assigned transitions from exclusive appointment, or earlier if required, ensuring timely completion of all tasks in line with client and business expectations.
• Be the main contact for your own portfolio of new client installs, attending beauty parade, regular transition calls / meetings with the client and as required by the ceding third party administrator.
• To oversee the transfer of assets for new clients. This role will involve end to end planning of the asset transition and data migration for new business.
• Ensure that all delivery promises and performance standards are achieved.
• Communicate and agree operational tasks for all schemes in transition such as movement reporting and payroll funding with client, agreeing non-standard processes internally before implementing with clients.
• Ensure understanding of final data and data queries, managing queries between Canada Life and the Client until finalised data schedule is agreed to a satisfactory level to be handed over to Operational Teams.
• Be a point of reference on technical issues and administration related queries.
• Work with your team and the business to create a positive working environment.
• Provide an efficient, professional service to meet all client/members' needs and to promote the Canada Life brand.
2)
• Ensure that all procedures and client controls are established and documented during transition.
• Ensure we maintain within Risk appetite and provide appropriate reporting for RCSA and CORC reporting as required.
• Challenge procedures to identify and drive process improvements.
• Complete all regulatory checks and reviews associated with new transactions, recording the activity to ensure robust audit trail.
3)
• Act as lead on data cleanse process for assigned projects agreeing project plans with internal and external stakeholders updating as required if any key deliverables change or are delayed.
• Drive through data cleanse processes to a satisfactory conclusion, ensuring key deliverable are completed in line with agreed timescales and coordinating completion of all activities until handover to Finance and Actuarial Teams.
4)
• Provision of technical information both verbally and in writing
Calculation of scheme benefits in accordance with the scheme rules and benefit specifications.
5)
• Maintain up to date knowledge of the Bulk Annuity proposition and processes along with any changes of pensions and de-risking legislation and market developments.
• Ensure team across Aptia and Canada Life are operationally ready to deliver the desired customer outcomes as the market and our proposition develops.
Experience Required:
• Strong knowledge of DB pensions and previous experience in dealing with DB pensions administration in particular deferred liabilities.
• Experience of working on projects or implementations.
• An understanding of DB pensions, pension scheme administration requirements and systems.
• An understanding of DB de-risking administration requirements and how they differ from standard pensions administration.
• Strong numeracy and analytical skills.
• Ability to grasp complex financial/actuarial concepts and methodologies.
• Able to organise work under pressure and to tight deadlines.
• Good knowledge of all products, processes and procedures within team.
• Able to assist between all teams as demand requires.
• Able to develop good working relationships within team and with internal and external customers.
Benefits of working at Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
How we work at Canada Life
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.
"At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." Nick Harding, Chief People Officer, Canada Life UK
We appreciate that everyone has different work and life responsibilities. We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.
JBRP1_UKTJ
-
Pension Scheme Transition Specialist
5 days ago
East Anglia, United Kingdom Canada Life Group (UK) Ltd (The) Full timeAbout UsWe are a leading provider of retirement, investment, and protection solutions for individuals, families, and companies. Our mission is to help customers build better futures by operating as a modern, agile, and welcoming organization.About the RoleThis position plays a critical role in the success of our team, requiring a specialist with in-depth...
-
Scheme Administration Specialist
13 hours ago
East Anglia, United Kingdom Canada Life Group (UK) Ltd (The) Full timeAbout the RoleWe are looking for a Scheme Administration Specialist to join our team in the UK. The successful candidate will be responsible for ensuring effective and complete stakeholder management through the transition process until the final premium is completed, communicated and settled.Key ResponsibilitiesProject manage all assigned transitions from...
-
Career Transition Consultant
2 weeks ago
South East England, United Kingdom Aspire Recruitment Full timeThis Career Transition Consultant role at Aspire Recruitment offers a unique opportunity to make a real difference in people's lives. You will be working with individuals who face significant barriers to employment and need tailored support to achieve their goals.Main Responsibilities:Conduct thorough assessments to identify clients' strengths, weaknesses,...
-
Housing and Flatted Schemes Coordinator
3 days ago
East Anglia, United Kingdom Caralex Recruitment Limited Full timeCareer Opportunity:Join Caralex Recruitment Limited in partnering with a reputable new build residential developer based in Essex.We seek a skilled Technical Coordinator to oversee the management of external consultants and provide critical support to other departments.The ideal candidate will have extensive experience working on new build residential...
-
Pensions Consultant
2 months ago
East Anglia, United Kingdom Canada Life Group (UK) Ltd (The) Full timeThis position can be located within our London, Bristol or Potters Bar office. Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. We have...
-
Team Manager for Transitions
4 weeks ago
East Ham South, United Kingdom CV-Library Full timeTeam Manager for Learning Disabilities and Transitions £42 PH Inside IR35 3/6 months London Hybrid working Immediate start Interviews are set to take place W/C 2nd December. Reporting into the Head of Service you will be responsible for the day-to-day management of the...
-
Graduate Scheme
7 months ago
East London, United Kingdom Timberseed Full timeJob Description Graduate Scheme - Recruitment Consultant London £24,000 basic salary + uncapped commission. 1st Year OTE £40,000 Legal & Compliance We are working with one of the world’s leading legal and compliance recruitment businesses with offices in Germany, Italy, Dubai, Hong Long, Singapore, Sydney, Melbourne and London. Since 1989,...
-
Advocacy Career Transition Solicitor
4 weeks ago
East Liverpool, Ohio, United Kingdom Douglas Scott Legal Recruitment Full timeSolicitor Opportunity">We are seeking a talented Solicitor to join our Personal Injury and Fraud Litigation Team as an Advocate. This is an exciting opportunity for a qualified Solicitor to transition into an in-house Advocacy role and take their career to the next level.">About the Role">As a key member of our litigation department, you will be responsible...
-
Property Transition Specialist
5 days ago
East Kilbride, United Kingdom Trinity Estates Full timeJob Title: New Schemes ManagerLocation: Home-based with travel across Reading/South OxfordshireAbout the Role:This is an exciting opportunity to join our team as a New Schemes Manager, working closely with our New Business department and Property department to ensure a seamless transition of new developments into our management.Responsibilities:To produce...
-
Technical Solutions Consultant
5 days ago
East Anglia, United Kingdom SaluteMyJob Ltd Full time £2,500The Opportunity:We are excited to offer a Technical Solutions Consultant role at SaluteMyJob Ltd, a dynamic and forward-thinking organisation committed to delivering innovative solutions in the defence sector.About the Position:Manage and lead technical work packages from pre-contract bidding to on-contract completion.Collaborate with international customers...
-
Career Transition Specialist
1 day ago
East Sheen, Greater London, United Kingdom Recruited UK Full timeJob Title: Information Advice and Guidance AdviserWe are seeking a highly skilled professional to provide careers information, advice, and guidance to prisoners in custody using various methods of delivery.The successful candidate will support individuals into positive learning and employment outcomes both in custody and upon release, utilizing their...
-
New Build Residential Consultant
4 days ago
East Anglia, United Kingdom Caralex Recruitment Limited Full timeWe are looking for a seasoned Technical Coordinator to join our client's team in Essex.The successful candidate will be responsible for appointing and managing external consultants, ensuring their work meets high standards, and providing support to other departments.This role offers the opportunity to work on various new build residential projects in Essex,...
-
Bulk Annuity Project Manager
3 days ago
East Anglia, United Kingdom Canada Life Group (UK) Ltd (The) Full timeAbout UsCandidate with a strong background in pension scheme administration are sought after by the Canada Life Group (UK) Ltd. This role focuses on providing exceptional customer experience while overseeing the transition of new bulk annuity business, ensuring timely completion of all tasks according to client expectations.Job DescriptionThis position...
-
Senior Climate Risk Consultant
4 weeks ago
East Walworth, United Kingdom CV-Library Full timeJob Title: Senior Climate Risk Consultant Salary: £60 000 - £72 000/ annum ( Depending on experience) + Company benefits Location: London ( Hybrid) This is an exciting Senior role to join a Leading Consultancy who provide excellent services to clients in multiple different industries. Job Responsibilities: * Advise and guide clients in...
-
Fire Risk Consultant
1 month ago
East Anglia, United Kingdom ATK Solutions Full time £45,000 - £60,000ATK Solutions is a leading fire risk consultancy serving the residential, education, and commercial sectors. We are seeking an experienced Fire Risk Consultant with the ability to manage their own workload and clients, delivering complex fire risk assessments and providing technical support and advice.Job SummaryWe offer a competitive salary of £45,000 to...
-
Senior Pension Administrator
6 days ago
East Anglia, United Kingdom Canada Life Group (UK) Ltd (The) Full timeOverviewCandidates with a strong background in pension scheme administration are sought after by the Canada Life Group (UK) Ltd. This role focuses on providing exceptional customer experience while overseeing the transition of new bulk annuity business, ensuring timely completion of all tasks according to client expectations.About UsWe are a leading provider...
-
Career Transition for Ex Military Engineers
3 weeks ago
East Grinstead, United Kingdom Rise Technical Recruitment Limited Full timeWe are recruiting for a Career Transition for Ex Military Engineers who wants to leverage their mechanical expertise in a challenging role. As an Ex Forces engineer, you will bring a unique set of skills and experiences to this position.The successful candidate will be responsible for utilizing their mechanical skills to drive business results. With a...
-
Logistics and Transport Recruitment Consultant
2 weeks ago
East Anglia, United Kingdom Personnel Link Employment Group Full time £26,000 - £36,000About the Opportunity">We have an exciting opportunity for a skilled Recruitment Consultant - Driving & Logistics to join our growing team at Personnel Link Employment Group. This role offers a unique chance to develop your skills in recruitment, sales, and account management while working in a fast-paced and dynamic environment.Key Accountabilities:">Manage...
-
Guaranteed Work Scheme
3 weeks ago
East Riding of Yorkshire, United Kingdom Teaching Personnel Full timeAre you a Primary Teacher looking to take on supply work in your Local area? Would you like the freedom to manage your own diary and work when you like? Are you flexible and adaptable and willing to work across KS1 and KS2 If the answer is YES, then Teaching Personnel would like to hear from you! We are currently recruiting for ECTs and experienced...
-
ENT Consultant Specialist
6 days ago
East Liverpool, Ohio, United Kingdom Triple West Medical Full timeWe are seeking an experienced ENT Consultant to join our team at Triple West Medical on a long-term locum basis in Merseyside.Key details of this opportunity include:A 3-month locum position within the NHS, providing high-quality patient care and contributing to the hospital's ENT department.An outstanding rate of pay for the successful candidate, reflecting...