Senior Transition Manager

4 weeks ago


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

We are seeking a highly skilled Senior Transition Manager to join our Transition team at Legal & General. As a key member of our team, you will be responsible for the end-to-end scheme implementation and onboarding of a portfolio of Pension Risk Transfer (PRT) transactions.

Key Responsibilities:
  • Take ownership of the implementation process, ensuring timely and accurate delivery of PRT transactions.
  • Support the PRT Business Development team in securing and maximizing new business opportunities by providing technical expertise.
  • Liaise with trustees, brokers, and administrators to agree on a timescale and process for verifying data and ensuring accurate benefit costing.
  • Establish and monitor actions against the agreed timetable and implement remedial actions as needed.
  • Conduct Post-Implementation Reviews for each scheme and meet with or report to Trustees, their advisers, and administrators as required.
Requirements:
  • PMI Qualification.
  • Prince 2 Practitioner.
  • Demonstrable experience in administering and onboarding 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.
  • Strong problem-solving, analytical, and financial skills.
  • Experience in leading and/or participating in beauty parades and presenting to Trustees and Advisers.
  • Understanding of the current challenges and opportunities in the Pension Risk Transfer market.
What We Offer:
  • Competitive Salary.
  • 12% Car Allowance.
  • Holiday Allowance - 30 days plus all UK bank holidays.
  • Pension Contribution - L&G matches personal contributions up to 5% and provides a further contribution of 10% per month.
  • Private Medical Insurance.
  • Life Insurance.
  • Income Protection.
  • Access to a range of Optional Benefits upon joining L&G.

Legal & General is a leading financial services organization, committed to delivering value for our customers and society. We strive to be open, mindful, and inclusive, and welcome applications from diverse backgrounds and experiences. If you're passionate about pensions and have a strong track record of delivering results, we'd love to hear from you.



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