Senior Transition Consultant
4 weeks ago
About the Role
We are seeking a highly skilled Senior Transition Consultant to join our Transition team at Legal & General. In this role, you will be responsible for developing 'scheme specific' transition plans for Pension Risk Transfer (PRT) transactions and providing these to Trustees, their advisers, and to all interested parties within L&G.
You will work closely with stakeholders in PRT to establish and control the most efficient way to transition each scheme. This will involve analysing scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration teams.
Key Responsibilities:
- Analyse scheme benefits and data to draft legal agreements
- Develop 'scheme specific' transition plans for PRT transactions
- Work closely with stakeholders in PRT to establish and control the transition process
- Ensure all teams within PRT have the correct benefit specification and data
- Perform First Line peer reviews for team members on these documents
Requirements
- Pension Qualification such as CII or PMI or demonstrable equivalent experience
- Knowledge of pension's regulations for DB schemes
- Understanding of the way benefits are structured and administered in Defined Benefit schemes
- Ability to provide an accurate and cost-effective service
- Strong organisational and change management skills
- Clear written and verbal communication
About Us
Legal & General is a leading financial services organisation. We're one of the world's largest asset managers, homebuilders, pension providers, and insurers. We strive to be open, mindful, and inclusive, so are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.
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