Strategic Pensions Consultant

1 month ago


Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time

We are seeking an experienced Strategic Pensions Consultant to join our team at Canada Life Limited.

About the Role

This is a challenging and rewarding opportunity for a skilled pensions professional to manage the transition of existing portfolios and onboarding of new bulk annuity business through the end-to-end process.

You will be responsible for providing project management, ensuring a robust control environment, and maintaining stakeholder relationships throughout the transition process. Your in-depth understanding of defined benefit pensions administration and bulk annuity processes will enable you to drive effective and efficient solutions for our clients.

Key Responsibilities
  1. Project manage assigned transitions from exclusive appointment, ensuring timely completion of all tasks according to client and business expectations.
  2. Be the primary contact for new client installs, attending beauty parades, regular transition calls/meetings with the client, and communicating with the ceding third-party administrator as required.
  3. Oversee the transfer of assets for new clients, involving end-to-end planning of asset transition and data migration.
  4. Ensure delivery promises and performance standards are met, communicating operational tasks for schemes in transition, such as movement reporting and payroll funding, with the client.

Additional responsibilities include ensuring understanding of final data and queries, managing queries between Canada Life and the client, and being a point of reference on technical issues and administration-related queries.

Requirements
  • Strong knowledge of DB pensions and experience dealing with DB pensions administration, particularly deferred liabilities.
  • Experience working on projects or implementations, with an understanding of DB pensions, pension scheme administration requirements, and systems.
  • An ability to grasp complex financial/actuarial concepts and methodologies, organize work under pressure, and meet tight deadlines.
  • Able to develop good working relationships within the team and with internal and external customers.

We offer a competitive salary, estimated at £60,000 - £80,000 per annum, depending on location and experience, along with a comprehensive benefits package, including a generous pension and bonus scheme, income protection, private medical insurance, and life assurance.

Our company culture values diversity and inclusion, and we strive to create a welcoming environment where everyone can feel they belong and achieve their potential. We appreciate that everyone has different work and life responsibilities and are happy to discuss flexible working arrangements, including part-time options.



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