Senior Bulk Annuity Project Manager

3 days ago


East Anglia, United Kingdom Canada Life Group (UK) Ltd (The) Full time
Job Overview
A senior role is available within the Canada Life Group (UK) Ltd, as part of our transformation to create a more customer-focused business. The position will involve project management of existing portfolio and onboarding of new bulk annuity business through the end-to-end process. As a key member of our team, you will provide specialist support in respect of Defined Benefit pensions administration and bulk annuity business.

About Us
We look after the retirement, investment, and protection needs of individuals, families, and companies. Our aim is to build better futures for our customers, intermediaries, and employees by operating as a modern, agile, and welcoming organisation. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Our company culture is built around recognising and rewarding our people, offering a competitive salary and benefits package that's regularly reviewed.

Your Responsibilities
You will be responsible for ensuring effective stakeholder management through the transition process until the final premium is completed, communicated, and settled. This will include project managing all assigned transitions from exclusive appointment or earlier if required, ensuring timely completion of all tasks in line with client and business expectations. You will also oversee the transfer of assets for new clients, involving end-to-end planning of the asset transition and data migration for new business. Additionally, you will ensure that all delivery promises and performance standards are achieved, communicate and agree operational tasks for all schemes in transition, and manage queries between Canada Life and the client until finalised data schedules are agreed to a satisfactory level.

Requirements
The ideal candidate will have strong knowledge of DB pensions and previous experience in dealing with DB pensions administration, particularly deferred liabilities. They should also have experience of working on projects or implementations, an understanding of DB pensions, pension scheme administration requirements, and systems, and an ability to grasp complex financial/actuarial concepts and methodologies. A competitive salary of £60,000 - £80,000 per annum is offered, along with a comprehensive reward package including a generous pension and bonus scheme, income protection, private medical insurance, and life assurance. Flexible working arrangements can be discussed, and we welcome applications from candidates who wish to work part-time.

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