Senior Transition Consultant

7 hours ago


Hove, Brighton and Hove, United Kingdom Legal & General Full time
Job Title: Senior Transition Consultant

We are seeking a highly skilled Senior Transition Consultant to join our team at Legal & General. As a key member of our Transition team, you will play a crucial role in the development of 'scheme specific' transition plans for Pension Risk Transfer (PRT) transactions.

Key Responsibilities:
  • Analyse scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration teams.
  • Work closely with stakeholders in PRT to establish and control the most efficient way to transition each scheme.
  • Perform First Line peer reviews for team members on these documents.
  • Take responsibility for the progress of allocated schemes, including regular reviews, to ensure prompt and appropriate responses to customer communications and the provision of relevant information.
  • Support the PRT New Business Origination team and the Transition Managers in the relationship management of key stakeholders.
Requirements:
  • 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.
  • An understanding of the way benefits are structured and administered in Defined Benefit schemes.
  • Ability to provide an accurate and cost-effective service by getting it right first time.
  • A strong understanding of the risks to the team, and the business, and a desire to actively take steps to reduce these risks.
  • Strong organisational and change management skills and attention to detail.
  • Ability to manage tight timescales, prioritise own work and/or escalate if necessary.
  • Clear written and verbal communication is essential.
  • Highly customer focused and understands the need to maintain and improve relationships with both internal and external customers.
What We Offer:
  • Competitive Salary
  • Holiday Allowance – 25 days 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
  • Income Protection
  • As well as access to a host of further Optional Benefits upon joining L&G

Legal & General is a leading financial services organisation, named 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. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued. If you join us, you'll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. 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.



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