Defined Benefit Transition Manager

7 days ago


Hove, Brighton and Hove, United Kingdom Legal & General Full time
About the Role

We are seeking a highly skilled Transition Manager to join our Institutional Retirement division at Legal & General. As a key member of our team, you will play a critical role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.

Key Responsibilities
  • Manage the complete end-to-end scheme implementation and on-boarding of a portfolio of new PRT business, ensuring seamless transitions and timely delivery.
  • Support the PRT Business Development team in maximising both new and existing business opportunities at tender, including beauty parades, administration risk assessments, and creating benefit specifications.
  • Develop and lead on 'scheme specific' transition plans for a portfolio of transactions, providing clear guidance to all stakeholders, including Trustees, their advisers, and L&G teams.
  • Liaise with Trustees, brokers, and administrators to agree a timescale and process for verifying data, ensuring accurate benefit costing and legal liabilities.
  • Undertake Post Implementation Reviews for each scheme, meeting with or reporting to Trustees, their advisers, and administrators as required.
Requirements
  • Pension qualification: Preferably holding or working towards PMI.
  • 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 and reinsurance products and propositions.
  • Deep understanding of systems and processes required to meet annuity commitments, including data/benefit input, FR reconciliation, inception costings, and administration processes.
  • Ability to keep up-to-date with legislative changes and understand the legal framework around de-risking and buy-in/buy-out contracts.
  • Strong organisational and change management skills, with attention to detail and ability to prioritise and work independently.
  • Proficient in using Microsoft products, especially Excel.
What We Offer
  • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
  • Generous pension contribution.
  • Life assurance.
  • Private medical insurance.
  • 27 days holiday, plus public holidays, with the option to buy and sell holiday.
  • Competitive family leave.
  • Participation in our electric car scheme, offering employees the option to hire a brand-new electric car through tax-efficient salary sacrifice.
  • Access to a range of discounts on our own products and at high street stores and online.


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced Transition Manager to join our Defined Benefit Transition team at Legal & General. As a key member of our team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business, as well as assisting in maximizing both new and...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced Transition Manager to join our Defined Benefit Transition team at Legal & General. As a key member of our team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business, as well as assisting in maximizing both new and...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Transition Manager to join our team at Legal & General. As a key member of our Defined Benefit Transition team, you will play a critical role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Transition Manager to join our team at Legal & General. As a key member of our Defined Benefit Transition team, you will play a critical role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a skilled Transition Manager to join our DB Transition team at Legal & General. As a key member of our team, you will play a crucial role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme implementation and...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a skilled Transition Manager to join our DB Transition team at Legal & General. As a key member of our team, you will play a crucial role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme implementation and...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced professional to join our Award-Winning Pension Risk Transfer business as a Transition Consultant. As a key member of our team, you will play a critical role in ensuring the smooth transition of defined benefit pension schemes to our clients.Key ResponsibilitiesBenefits Analysis: Analyze scheme...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced professional to join our Award-Winning Pension Risk Transfer business as a Transition Consultant. As a key member of our team, you will play a critical role in ensuring the smooth transition of defined benefit pension schemes to our clients.Key ResponsibilitiesBenefits Analysis: Analyze scheme...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced Transition Manager to join our Institutional Retirement division at Legal & General. As a key member of our team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business, as well as assisting in maximizing both new and...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced Transition Manager to join our Institutional Retirement division at Legal & General. As a key member of our team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business, as well as assisting in maximizing both new and...


  • Hove, Brighton and Hove, United Kingdom Legal & General Resources Limited Full time

    About the RoleWe are seeking a highly skilled and experienced Defined Benefit Transition Consultant to join our Award-Winning Pension Risk Transfer business. As a key member of our team, you will play a critical role in ensuring the smooth transition of pension schemes from our clients.Key ResponsibilitiesAnalyzing Scheme Benefits and Data: You will be...


  • Hove, Brighton and Hove, United Kingdom Legal & General Resources Limited Full time

    About the RoleWe are seeking a highly skilled and experienced Defined Benefit Transition Consultant to join our Award-Winning Pension Risk Transfer business. As a key member of our team, you will play a critical role in ensuring the smooth transition of pension schemes from our clients.Key ResponsibilitiesAnalyzing Scheme Benefits and Data: You will be...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled Transition Manager to join our Institutional Retirement division at Legal & General. As a key member of our team, you will play a critical role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled Transition Manager to join our Institutional Retirement division at Legal & General. As a key member of our team, you will play a critical role in managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme...


  • Hove, Brighton and Hove, United Kingdom Legal & General Full time

    About the RoleWe are seeking a highly skilled and experienced Transition Manager to join our DB Transition team at Legal & General. As a key member of our team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.Key ResponsibilitiesManage the complete end-to-end scheme...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Transition Consultant to join our Award-Winning Pension Risk Transfer business at Legal & General.This is an exciting opportunity to work with Employee Benefit Consultants and Trustees of Defined Benefit Pension Schemes to reconcile scheme member data and accurately record benefits secured.Key...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Transition Consultant to join our Award-Winning Pension Risk Transfer business at Legal & General.This is an exciting opportunity to work with Employee Benefit Consultants and Trustees of Defined Benefit Pension Schemes to reconcile scheme member data and accurately record benefits secured.Key...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Transition Consultant to join our Award Winning Pension Risk Transfer business. As a key member of our team, you will play a crucial role in reconciling scheme member data and accurately recording benefits secured, ensuring that all parties have the most up-to-date information for the ongoing administration of...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Transition Consultant to join our Award Winning Pension Risk Transfer business. As a key member of our team, you will play a crucial role in reconciling scheme member data and accurately recording benefits secured, ensuring that all parties have the most up-to-date information for the ongoing administration of...


  • Hove, Brighton and Hove, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled and experienced professional to join our team as a Defined Benefit Consultant. As a key member of our Award Winning Pension Risk Transfer business, you will play a critical role in ensuring the smooth transition of Defined Benefit pension schemes.Key ResponsibilitiesBenefits Analysis: Conduct thorough analysis of...