Post Transaction Senior Consultant

LCP; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Private medical insurance

26 days annual leave

Life assurance

Discretionary bonus scheme

Cycle to work scheme

Volunteer opportunities

Job summary

LCP in London seeks an experienced senior consultant for its Pension Risk Transfer Post Transaction team. You will support buy-in, buy-out and wind-up projects, leveraging independent de-risking expertise to meet trustees and sponsors' objectives.

The role requires strong pensions knowledge, stakeholder management, and a proactive, client-focused approach. Hybrid working and professional development are offered.

Qualifications

• Extensive experience in a pensions consulting environment.
• Knowledge of insurer post-transaction processes and pension scheme wind-ups.
• Strong UK pensions technical knowledge and legislative understanding.
• Excellent project management skills with detailed plans and timelines.
• Able to build relationships with advisers, insurers, trustees and sponsors.
• Strong written and oral communication; experienced in client presentations.
• Proactive, solutions-driven and ready to lead.
• Strategic thinking with risk management awareness.
• Committed to client satisfaction and developing the team.
• Experience with new business tenders is desirable.
• Willingness to coach less experienced team members.

Responsibilities

• Work on a variety of buy-in/buy-out/wind-up projects.
• Build relationships with clients, advisers and insurers to enable smooth transitions and actively manage progress.
• Support clients moving schemes to wind-up within their timescales.
• Contribute to wider team strategy, attend events and contribute to tenders.

Skills

Pensions consulting

Insurer post-transaction

Pensions knowledge

Project management

Client relationship

Communication

Presentation experience

Proactive problem-solving

Strategic thinking

Mentoring juniors

Job description

Location - London with hybrid working in line with departmental requirements

At LCP we love what we do, and it shows. We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology. Working across a wide range of sectors, including pensions and benefits, investments, insurance, energy, health, sports, and data analytics, we help our clients navigate complexity in order to take the action that matters.

Our award-winning specialist Pension Risk Transfer team is the largest and most experienced de-risking team in the market.With the significant increase in pension risk transfer activity, we have an exciting opportunity for an experienced senior consultant who is enthusiastic about risk transfer projects and passionate about achieving good outcomes for trustees, sponsors and members alike, to join our highly successful Post Transaction Team as we expand our capabilities.

Who are the team?

Our market-leading Post Transaction team consists of over 40 experienced practitioners who support trustees and sponsors to plan and execute the successful transition of their pension schemes to buy-out and wind-up. They work closely with LCP's specialist Pension Risk Transfer team and other areas of LCP's business to ensure a seamless end-to-end process from completing a buy-in transaction right through to ultimate wind-up.

The team is unique in the market in its range of skills, depth of experience and robust project management capabilities, including strong, trusted relationships with insurer teams and detailed understanding of insurer processes and wider legislative requirements.

What will you be doing?

Our clients are a mixture of existing LCP clients, and clients with incumbent advisers seeking LCP's independent de-risking expertise to meet their strategic objectives. Some of the work you will be involved with will include:

• Working on a variety of projects to assist schemes as they navigate the move from completing a buy-in transaction, to buy-out and ultimate wind-up
• Building relationships with your clients, their advisers and insurers to ensure a smooth and successful transition to buy-out and wind-up, actively project managing the process to ensure it progresses in a timely fashion, giving peace of mind that the necessary steps have been undertaken and finding pragmatic solutions to any issues that arise
• Utilising your project management skills, depth of experience and collaborative approach, you will support clients as they move their schemes to ultimate wind-up within their desired timescales
• Contributing to the strategy of the wider team, attending networking events/conferences and contribute to new business tenders

What skills, qualities and experience are we looking for?

• Demonstrable experience in a pensions consulting environment, or possibly with a bulk annuity provider
• Proven experience of insurer post transaction processes and wider aspects of pension scheme wind-ups
• Excellent UK pensions technical knowledge and understanding of legislative requirements around wind-ups
• Excellent project management skills with the ability to develop detailed project plans and drive forward completion of tasks against timescales
• Ability to establish strong collaborative working relationships with a wide range of stakeholders including other advisers, insurers, trustee boards and sponsoring employers
• Excellent communication skills, both written and oral
• Experience in leading and delivering presentations at client meetings
• Proactive and solutions-driven approach and ready to 'hit the ground running'
• Capable of strategic thinking and suggesting solutions, whilst also recognising potential risks and issues
• Enjoy taking an active role to guarantee client satisfaction for the duration of projects and have a willingness to foster new client relationships
• Evidence of overseeing financial aspects and managing risks associated with projects
• Experience of new business tenders is desirable
• Dedication to achieving client satisfaction, while also considering the requirements of the business
• Desire to develop, coach and mentor less experienced team members

What's in it for you?

Take a look at our Glassdoor and Career stories pages to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work.

For you:

• professional study support (where applicable)
• Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks

For your family:

• Life assurance
• Income protection
• Enhanced maternity/paternity/adoption and shared parental leave

For your health:

• 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships, critical illness and dental insurance through our flexible benefits
• Eye care vouchers
• Cycle to work scheme
• Digital GP services

For your wealth:

• Competitive pension scheme
• Discretionary bonus scheme
• High street discounts
• Season ticket loans

For others:

• Volunteering opportunities

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - [email protected] to discuss how we can support you with your application.