Senior DB Pension Consultant

3 weeks ago


Brighton East Sussex, United Kingdom Legal & General Full time

Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional(LGRI) is to help companies and pension scheme trusteeshonour their defined benefitpension promises to their employees.
We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises.
In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.We are currently looking for a Senior Transition Consultant to join our Transition team here at L&G.
In this role you will work on the development of ‘scheme specific’ transition plans for Pension Risk Transfer (PRT) transactions and provide these to Trustees, their advisers and to all interested parties within L&G to demonstrate how the transition project is being handled. You will also analyse scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration teams. Ensuring that all teams within PRT have the correct benefit specification and data to guarantee that the customers receive their correct benefit entitlement and that schemes are funded accurately. You will also ensure there is a full audit trail of all benefit and data items throughout the lifecycle of the onboarding process.
You will also support the PRT New Business Originationteam 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.
As well as supporting the ongoing development of the team by providing appropriate support and training to less experienced members of the team (in collaboration with the Transition Team Manager)
This is a hybrid working opportunity based from our Hove Offices, which will allow you to work flexibly between your home and the office to find a work/life balance that works for you.

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.
Ability to provide an accurate and cost-effective service by getting it right first time.
A strong understanding of the risks to theteam, and the business, and a desire to actively takes steps to reduce these risks.
Competitive Salary
Holiday Allowance – 25days plus all UK bank holidays
Pension Contribution – L&G match any personal contributions up to 5%and provide a further contribution of 5% per month
Private Medical Insurance
Life Insurance
Legal & General is a leading financial services organisation, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future. 
We’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Empowered through initiatives which support people to develop their careers and excel. 
We strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.



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