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    4 weeks ago

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

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Senior Transition Manager

2 months 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 Transition team at Legal & General. As a key member of our team, you will be responsible for the end-to-end scheme implementation and onboarding of a portfolio of Pension Risk Transfer (PRT) transactions.

Key Responsibilities
  • Take ownership of the implementation process, ensuring timely and accurate delivery of PRT transactions.
  • Support the PRT Business Development team in securing and maximizing new business opportunities by providing technical expertise.
  • Liaise with trustees, brokers, and administrators to agree on a timescale and process for verifying data to ensure accurate benefit costing and legal liabilities.
  • Establish and monitor actions against the agreed timetable, implementing remedial actions as necessary.
  • Conduct Post Implementation Reviews for each scheme and meet with or report to Trustees, their advisers, and administrators as required.
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 wind-up requirements and interaction with PPF and FAS.
  • An in-depth understanding of buy-out, buy-in, and longevity insurance and reinsurance products and propositions.
  • Strong experience in leading and/or participating in beauty parades and presenting to Trustees and Advisers.
  • Excellent problem-solving, analytical, and financial skills, with the ability to understand high volumes of customer data and pension benefit calculations.
What We Offer
  • Competitive Salary.
  • 12% Car Allowance.
  • Holiday Allowance - 30 days plus all UK bank holidays.
  • Pension Contribution - L&G matches personal contributions up to 5% and provides a further contribution of 10% per month.
  • Private Medical Insurance.
  • Life Insurance.
  • Income Protection.

We strive to be open, mindful, and inclusive, and are willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs. If you're open to finding out more, we'd love to hear from you.