BPA Transition Manager – 29275

The Emerald Group; Aylesbury; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services company in Aylesbury seeks a professional to support the Head of BPA Transition. Responsibilities include onboarding Bulk Purchase Annuity business, managing project plans for buy-in execution, and operational relationships with Trustees and administrators. Candidates should have extensive knowledge of the UK Defined Benefit Pensions and BPA market, with proven experience in managing projects and client relationships. This permanent role offers a chance to work in a collaborative environment.

Qualifications

• Knowledge of UK Defined Benefit Pensions and the BPA market.
• Proven experience in managing projects and client relationships.
• Excellent BPA process understanding from execution to buy-out.

Responsibilities

• Support the Head of BPA Transition with onboarding Bulk Purchase Annuity business.
• Build and drive project plans for buy-in execution and transitions.
• Manage operational relationships with EBCs, Trustees, and administrators.

Skills

Knowledge of UK Defined Benefit Pensions

Excellent knowledge of the BPA process

Able to build productive relationships

Proactive and adaptable

Experience of the BPA market

Proven experience of managing projects

Job description

Support the Head of BPA Transition with the successful execution and onboarding of Bulk Purchase Annuity business and the transition of schemes onto ULPs administration platform

• Location: Aylesbury
• Category: Life Actuarial
• Type: Permanent

Key Responsibilities (including but not limited to) :

• Build and drive project plans for each proposed buy-in execution
• Build and drive project plans for each transition to buy-out, including the true-up
• Manage the operational relationships with EBCs/Trustees/ceding administrators throughout the transition processes
• Work collaboratively and manage the operational relationships with Trustees and ceding administrators during the post-buy-in period
• Support the preparation of contractual documents and individual policy documents
• Keep abreast of industry issues and developments
• Identify and escalation emerging issues
• Knowledge of UK Defined Benefit Pensions and the BPA market
• Excellent knowledge of the BPA process, from deal execution to buy-out
• Able to build productive relationships at all levels
• Pro‑active, pragmatic, adaptable and flexible
• Experience of the BPA market and the transition process
• Proven experience of managing projects and client relationships