Pension Risk Transfer Manager

2 days ago

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

{"h1": "Pension Risk Transfer Manager", "p": "We are seeking a skilled Pension Risk Transfer Manager to join our team at Legal & General. As a key member of our Institutional Retirement division, you will be responsible for managing the end-to-end scheme implementation and on-boarding of new Pension Risk Transfer (PRT) business.

Your primary focus will be on maximizing both new and existing business opportunities at tender stage, while ensuring seamless execution and customer satisfaction.

Key Responsibilities:

* Manage the complete end-to-end scheme implementation and on-boarding of a portfolio of new PRT business
* Perform administration risk assessments, create benefit specifications, and lead site visits
* Produce opportunity-specific project documentation and marketing material
* Develop 'scheme-specific' transition plans for a portfolio of transactions and provide these to all Trustees, their advisers, and all interested parties within L&G
* Liaise with trustees, brokers, and administrators to agree a timescale and process for verifying data to ensure that benefits are costed accurately and reflect the legal liabilities being taken on by L&G
* Undertake a Post Implementation Review for each scheme and meet with or report to the Trustees, their advisers, and administrators as appropriate

Requirements:

* Demonstrable experience in administering and on-boarding Defined Benefit (DB) pension schemes
* Knowledge of pension regulations for DB schemes, including a detailed understanding of the requirements for schemes in the course of wind-up, and the interaction with PPF and FAS
* Strong organizational and change management skills and attention to detail, with a demonstrated ability to prioritize and work independently, managing a high-volume of tasks and deadlines
* 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, plus there's also the option to buy and sell holiday
* Competitive family leave
* Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax-efficient salary sacrifice
* Many discounts we offer – both for our own products and at a range of high street stores and online

About Us:

Legal & General is a leading financial services group and major global investor, 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 aim to build a better society for the long term by investing our customers' money in things that make life better for everyone. 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.

If you are a motivated and experienced professional looking for a new challenge, please submit your application.

We look forward to hearing from you

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