Senior Consultant

2 weeks ago

Hove East Sussex, United Kingdom Legal & General Full time

The Senior Transition Consultant will work with Employee Benefit Consultants and Trustees of new PRT business to develop scheme specific transition plans in order to reconcile scheme member data and accurately & contractually record the benefits secured, ensuring that all parties have the most up-to-date information for the ongoing administration of all schemes.
Developing a ‘scheme specific’ transition plan for all transactions and providing to all Trustees, their advisers and to all interested parties within L&G appropriate documentation demonstrating how the transition project is being handled. Analysing scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration areas
Ensuring that all teams within PRT have the correct benefit specification and data to guarantee that the customers receive their correct benefit entitlement and schemes are funded accurately. Supporting the new business origination team and the Transition Managers in the relationship management of key stakeholders, including participation at client meetings and presentations, and attending site visits to gather an understanding of the quality of the data prior to transaction
Following all processes to ensure communication in a timely manner and allow a full audit trail of all benefit and data items throughout the lifecycle of the onboarding process. Assisting in the delivery of continuous improvement across PRT Client Services, and in the provision of relevant management information when required.
In collaboration with the Transition Team Manager, supporting the ongoing development of the team by providing appropriate support and training to less experienced members of the team in new processes.
Consumer Duty - Ensuring customers have sufficiently tailored information to enable them to understand what is being communicated, including any action they need to take or when advice or further support may be required
Pension Qualification such as CII or PMI or demonstrable equivalent experience
Knowledge of pension’s regulations for DB schemes, including a detailed understanding of the requirements for schemes in the process of de- risking, is essential
Complaints
A strong understanding of the risks to their team, and the business. Actively takes steps to reduce these risks.
Ability to provide an accurate and cost-effective service by getting it right first time.
Organisation and experience of project management
At Legal & General, we exist for more than just profit.

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