Pension Transition Expert
1 month ago
We are seeking an experienced Pension Transition Expert to join our team at Legal & General, a leading financial services group and major global investor. This exciting opportunity is part of our Award-Winning Pension Risk Transfer business.
About the RoleIn this key position, you will be responsible for developing 'scheme specific' transition plans for transactions, ensuring that all Trustees, their advisers, and interested parties within L&G receive accurate and timely information. Your expertise will also be utilized to analyze scheme benefits and data, draft legal agreements, and perform first-line peer reviews for team members.
As a Senior Transition Consultant, you will take ownership of allocated schemes, guaranteeing prompt and appropriate responses to customer communications and providing relevant information internally and externally. You will also support the new business origination team and Transition Managers by offering advice on administration capabilities and attending site visits.
Key Responsibilities- Developing scheme-specific transition plans and communicating with stakeholders
- Analyzing scheme benefits and drafting legal agreements
- Performing first-line peer reviews and quality checks
- Managing allocated schemes and ensuring timely progress
- SUPPORTING NEW BUSINESS ORIGINATION AND TRANSITION MANAGERS
- Ensuring effective communication and maintaining a full audit trail
To succeed in this role, you will need:
- Pension qualification such as CII or PMI (or demonstrable equivalent experience)
- Detailed knowledge of pension regulations for DB schemes, including de-risking requirements
- Understanding of benefit structures and administration in Defined Benefit schemes
- Ability to manage tight timescales, prioritize tasks, and escalate when necessary
- A strong understanding of risks faced by the team/business and a desire to mitigate these risks
- Strong organizational skills, project management experience beneficial
- Clear written and verbal communication skills
- Customer-focused approach with ability to maintain/improve relationships
As a valued member of our team, you can expect a competitive salary of £55,000 - 65,000 per annum, plus:
- Opportunity to participate in our annual performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance
- At least 25 days holiday, plus public holidays, with option to buy/sell holiday
- Competitive family leave
- Participation in our electric car scheme
- Discounts on company products and high street stores
Legal & General is a leading financial services group and major global investor, recognized for inspirational leadership and commitment to building a better society for the long term. We strive to be open, mindful, and inclusive, willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.
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