BPA Buyout Transition Analyst

Royal London; Alderley Edge; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading mutual life and pension company in the UK seeks a BPA Buyout Transitions Analyst to support buyout transition activities, ensuring smooth transitions from buy-in to buyout. The ideal candidate will have experience in pensions payroll setup, data migration, and stakeholder management, contributing directly to customer outcomes. The role offers a hybrid working model and competitive benefits including 28 days of annual leave and a pension scheme.

Benefits

28 days annual leave

Up to 14% employer matching pension scheme

Private medical insurance

Qualifications

• Experience in setting up, testing and operating pensions payrolls.
• Experience of performing detailed reconciliations using MS Excel.
• Defined benefit pensions administration background.

Responsibilities

• Support buyout transition activities, including policyholder communications.
• Perform payroll reconciliations and parallel runs, resolving discrepancies.
• Produce and review management information and reporting for stakeholders.

Skills

Pensions payroll setup

Data migration management

Detailed reconciliations

Stakeholder management

User Acceptance Testing (UAT)

Tools

MS Excel

Job description

Job Title: BPA Buyout Transitions Analyst

Contract Type: Permanent

Location: Alderley Park

Working style: Hybrid 50% home/office based

Closing date: 14th September 2025

We are seeking a dedicated and detail-oriented Bulk Purchase Annuities (BPA) Transitions Analyst to join our team. This role is an exciting opportunity to work on key projects within our business unit, contributing to the successful transition of buyout processes. You will play a crucial role in ensuring smooth transitions and adding significant value to our operations.

We're looking for a proactive and detail-oriented BPA Buyout Transitions Analyst to join our Bulk Purchase Annuity (BPA) Operations team. This is a fantastic opportunity to play a key role in delivering smooth and efficient transitions for our clients as they move from buy-in to buyout.

You'll work closely with BPA Implementation Managers and other stakeholders to ensure accurate data management, seamless payroll processes, and timely delivery of policyholder communications. Your work will directly contribute to delivering excellent customer outcomes and ensuring smooth, well-managed transitions for our clients

About the Role:

• Supporting buyout transition activities, including policyholder communications, admin and payroll migration.
• Supporting buyout transition activities, including policyholder communications, admin and payroll migration, and auxiliary set-up.
• Performing payroll reconciliations and parallel runs, resolving discrepancies promptly.
• Producing and reviewing management information and reporting for internal and external stakeholders.
• Ensuring adherence to Consumer Duty principles and smooth handover to BAU teams.
• Support BPA operational change initiatives as required.

About You:

• Experience of setting up, testing and operating pensions payrolls.
• Appreciation of operational challenges that can arise from data migration and ongoing management.
• Experience of performing detailed reconciliations using MS Excel.
• Experience in testing a broad range of pensions administration processes, including the execution of end-to-end User Acceptance Testing (UAT) with the ability to document test findings clearly and manage issues through to resolution in collaboration with relevant stakeholders.
• Defined benefit pensions administration background.
• Experience with managing senior stakeholders and working towards deadlines.
• Comfortable chairing meetings with a range of stakeholders.
• Experience of inputting into and reviewing project plans

About Royal London

We're the UK's largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging

We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected - whatever their background.