Bulk Annuity Business Manager

3 days ago


Potters Bar, Hertfordshire, United Kingdom Canada Life Group (UK) Ltd (The) Full time
About the Role

We are seeking an experienced Bulk Annuity Business Manager to join our team at Canada Life Group (UK) Ltd. The successful candidate will be responsible for managing our existing portfolio and onboarding new bulk annuity business through the end-to-end process.

Key Responsibilities:
  • Manage all assigned transitions from exclusive appointment, or earlier if required, ensuring timely completion of all tasks in line with client and business expectations.
  • Main contact for your own portfolio of new client installs, attending beauty parade, regular transition calls/meetings with the client, and as required by the ceding third-party administrator.
  • Oversight of the transfer of assets for new clients, including end-to-end planning of asset transition and data migration for new business.
  • Ensure that all delivery promises and performance standards are achieved.
  • Communication and agreement of operational tasks for all schemes in transition, such as movement reporting and payroll funding with client, agreeing non-standard processes internally before implementing with clients.
Requirements:
  • Strong knowledge of DB pensions and previous experience in dealing with DB pensions administration, particularly deferred liabilities.
  • Experience of working on projects or implementations.
  • Understanding of DB pensions, pension scheme administration requirements, and systems.
  • Understanding of DB de-risking administration requirements and how they differ from standard pensions administration.
  • Strong numeracy and analytical skills.
  • Able to grasp complex financial/actuarial concepts and methodologies.
What We Offer:
  • A competitive salary of £65,000 - £85,000 per annum.
  • A comprehensive benefits package, including a generous pension and bonus scheme, income protection, private medical insurance, and life assurance.


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