Senior Transition Consultant

3 weeks ago

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

About the Role:

We are currently seeking a highly skilled Senior Transition Consultant to join our Transition team at Legal & General. As a key member of our team, 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.

Key Responsibilities:

  1. Develop scheme specific transition plans for PRT transactions.
  2. Work closely with stakeholders in PRT to establish and control the most efficient way to transition each scheme.
  3. Analyse scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration teams.
  4. 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 (both internally and externally).
  5. Ensure there is a full audit trail of all benefit and data items throughout the lifecycle of the onboarding process.
  6. Support the PRT New Business Origination team and the Transition Managers in the relationship management of key stakeholders, including participation at client meetings and presentations, and attending site visits to gather an understanding of the quality of the data prior to transaction.
  7. Provide training and support to less experienced members of the team in collaboration with the Transition Team Manager.

Requirements:

  1. Pension Qualification such as CII or PMI or demonstrable equivalent experience.
  2. Knowledge of pension regulations for DB schemes, including a detailed understanding of the requirements for schemes in the process of de-risking, is essential.
  3. An understanding of the way benefits are structured and administered in Defined Benefit schemes is essential.
  4. Ability to provide an accurate and cost-effective service by getting it right first time.
  5. A strong understanding of the risks to the team, and the business, and a desire to actively take steps to reduce these risks.
  6. Strong organisational and change management skills and attention to detail.
  7. Ability to manage tight timescales, prioritise own work and/or escalate if necessary.
  8. Clear written and verbal communication is essential.
  9. Highly customer focused and understands the need to maintain and improve relationships with both internal and external customers.

About Us:

Legal & General is a leading financial services organisation 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, enabling our people to create impact through meaningful and valued work. 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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