Senior Transition Manager

3 weeks ago

Hove, Brighton and Hove, United Kingdom Legal & General Full time

About the Role

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

Key Responsibilities

  • Take ownership of the implementation and onboarding process for PRT transactions
  • Support the PRT Business Development team in securing and maximizing new business opportunities
  • Liaise with trustees, brokers, and administrators to agree on a timescale and process for verifying data
  • Establish and monitor actions against the agreed timetable and put remedial actions in place if required
  • Undertake a Post Implementation Review for each scheme and meet with or report to the Trustees, their advisers, and administrators as appropriate

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 a detailed understanding of the requirements for schemes in the course of wind-up, and the interaction with PPF and FAS
  • An in-depth understanding of buy-out, buy-in, and an understanding of longevity insurance and reinsurance products and propositions
  • A deep understanding of systems and processes required to meet annuity commitments
  • Good problem-solving, analytical, and financial skills
  • Strong experience in leading and/or participating in beauty parades and presenting to Trustees and Advisers

About Us

Legal & General is a leading financial services organization with a strong heritage and an exciting future. We're one of the world's largest asset managers, homebuilders, pension providers, and insurers. We're committed to connecting with our customers and society to drive value and create impact through meaningful work.

What We Offer

  • Competitive salary
  • 12% car allowance
  • Holiday allowance - 30 days plus all UK bank holidays
  • Pension contribution - L&G matches any personal contributions up to 5% and provides a further contribution of 10% per month
  • Private medical insurance
  • Life insurance
  • Income protection

How to Apply

If you're open to finding out more, we'd love to hear from you. Please submit your application, and we'll be in touch to discuss further.

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