Transition Manager
7 days ago
We are seeking a highly skilled Transition Manager to join our team at Legal & General. As a key member of our Transition team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of a portfolio of new Pension Risk Transfer (PRT) business.
Key Responsibilities- Manage the complete scheme implementation process, ensuring timely and accurate delivery of results.
- Support the PRT Business Development team in maximising new and existing business opportunities, including beauty parades, administration risk assessments, and project documentation.
- Develop and lead on 'scheme specific' transition plans for a portfolio of transactions, providing clear communication to all stakeholders.
- Collaborate with trustees, brokers, and administrators to agree on data verification processes, ensuring accurate benefit costing and legal liabilities.
- Conduct Post Implementation Reviews and meet with stakeholders to discuss project outcomes.
- Pension Qualification: Preferably holding or working towards PMI.
- Prince 2 Practitioner (desirable)
- Demonstrable experience in administering and on-boarding Defined Benefit (DB) pension schemes.
- Knowledge of pension regulations for DB schemes, including wind-up requirements and interaction with PPF and FAS.
- Understanding of buy-out, buy-in, and longevity insurance products and propositions.
- Strong organisational and change management skills, with attention to detail and ability to prioritise tasks.
- Proficient in using Microsoft products, especially Excel.
- Competitive Salary
- Holiday Allowance – 27 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
- Access to a host of further Optional Benefits upon joining L&G
Legal & General is a leading financial services organisation, committed to delivering value for our customers and society. We're a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. We strive to be open, mindful, and inclusive, and are willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.
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