Transition Manager
4 days ago
We are seeking a highly skilled Transition Manager to join our team at Legal & General. As a key member of our Transition team, you will be responsible for managing the end-to-end scheme implementation and on-boarding of a portfolio of new Pension Risk Transfer (PRT) business.
Key Responsibilities- Manage the complete scheme implementation process, ensuring timely and accurate delivery of results.
- Support the PRT Business Development team in maximising new and existing business opportunities, including beauty parades, administration risk assessments, and project documentation.
- Develop and lead on 'scheme specific' transition plans for a portfolio of transactions, providing clear communication to all stakeholders.
- Collaborate with trustees, brokers, and administrators to agree on data verification processes, ensuring accurate benefit costing and legal liabilities.
- Conduct Post Implementation Reviews and meet with stakeholders to discuss project outcomes.
- Pension Qualification: Holding or working towards PMI is preferred.
- Prince 2 Practitioner (desirable)
- Demonstrable experience in administering and on-boarding Defined Benefit (DB) pension schemes.
- Knowledge of pension regulations for DB schemes, including wind-up requirements and interaction with PPF and FAS.
- Understanding of buy-out, buy-in, and longevity insurance products and propositions.
- Strong organisational and change management skills, with attention to detail and ability to prioritise tasks.
- Proficient in using Microsoft products, especially Excel.
- Competitive Salary
- Holiday Allowance – 27 days plus all UK bank holidays
- Pension Contribution – L&G matches personal contributions up to 5% and provides a further contribution of 5% per month
- Private Medical Insurance
- Life Insurance
- Income Protection
- Access to a range of Optional Benefits upon joining L&G
Legal & General is a leading financial services organisation, named top in our sector and top for inspirational leadership. We're one of the world's largest asset managers, homebuilders, pension providers, and insurers. We strive to be open, mindful, and inclusive, and are committed to supporting our people's careers and wellbeing.
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