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Senior Transition Consultant

2 months ago


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

We are seeking a highly skilled Senior Transition Consultant to join our team at Legal & General. As a key member of our Transition team, you will play a critical role in the development of 'scheme specific' transition plans for Pension Risk Transfer (PRT) transactions.

Key Responsibilities:
  • Analyse scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration teams.
  • Work closely with stakeholders in PRT to establish and control the most efficient way to transition each scheme.
  • Perform First Line peer reviews for team members on these documents.
  • Take responsibility for the progress of allocated schemes, including regular reviews, to ensure prompt and appropriate responses to customer communications and the provision of relevant information.
  • Support the PRT New Business Origination team and the Transition Managers in the relationship management of key stakeholders.
Requirements:
  • Pension Qualification such as CII or PMI or demonstrable equivalent experience.
  • Knowledge of pension's regulations for DB schemes, including a detailed understanding of the requirements for schemes in the process of de-risking.
  • An understanding of the way benefits are structured and administered in Defined Benefit schemes.
  • Ability to provide an accurate and cost-effective service by getting it right first time.
  • A strong understanding of the risks to the team, and the business, and a desire to actively take steps to reduce these risks.
  • Strong organisational and change management skills and attention to detail.
  • Ability to manage tight timescales, prioritise own work and/or escalate if necessary.
  • Clear written and verbal communication is essential.
What We Offer:
  • Competitive Salary
  • Holiday Allowance – 25 days plus all UK bank holidays
  • Pension Contribution – L&G match any personal contributions up to 5% and provide a further contribution of 5% per month
  • Private Medical Insurance
  • Life Insurance
  • Income Protection

Legal & General is a leading financial services organisation, committed to delivering value for our customers and society. We're a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. If you're open to finding out more, we'd love to hear from you.