Senior Transition Consultant - Defined Benefits

TN United Kingdom; England; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Transition Consultant to enhance their Pension Risk Transfer business. This role involves developing tailored transition plans, analyzing scheme benefits, and ensuring accurate administration of defined benefit schemes. You will collaborate with Employee Benefit Consultants and Trustees, contributing to a culture of continuous improvement while mentoring junior team members. With a hybrid working model, this position offers a balance between home and office work, allowing you to thrive in a supportive environment that values diversity and career growth.

Benefits

Annual performance bonuses

Generous pension contributions

Private medical insurance

25+ days holiday

Electric car scheme

Family leave

Discounts

Modern workspaces supporting wellbeing

Qualifications

• Experience in pension risk transfer or defined benefit schemes.
• Strong analytical skills for data management and legal agreements.

Responsibilities

• Develop scheme-specific transition plans and manage project timelines.
• Analyze scheme benefits and ensure accurate data administration.
• Mentor less experienced team members and support continuous improvement.

Skills

Pension qualifications (CII or PMI)

Knowledge of pension regulations for DB schemes

Project management skills

Excellent written and verbal communication

Customer-focused relationship building

Education

Pension qualifications (CII or PMI)

Job description

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Senior Transition Consultant - Defined Benefits, Brighton and Hove

Client: Legal & General

Location: Brighton and Hove, United Kingdom

Job Category: Consulting

EU work permit required: Yes

Job Reference:

7a110a92f71f

Job Views:

3

Posted:

26.04.2025

Expiry Date:

10.06.2025

Job Description:

We’re recruiting for a Senior Transition Consultant to join our Award Winning Pension Risk Transfer business.

We’re offering a competitive base salary, great benefits, and the opportunity to work with Employee Benefit Consultants and Trustees of Defined Benefit Pension Schemes to develop scheme-specific transition plans, reconcile scheme member data, and accurately record the benefits secured.

This is a Hybrid Working opportunity, allowing you to work between your home and our offices to find a work-life balance that suits you.

What you'll be doing:

• Developing a ‘scheme specific’ transition plan for all transactions and providing this to all Trustees, their advisers, and interested parties within L&G. This includes creating documentation to demonstrate how the transition project will be managed and establishing structures to control the transition efficiently and timely.
• Analyzing scheme benefits and data to draft legal agreements that enable proper administration of benefits by the Client Services team.
• Performing peer reviews to ensure benefit specifications and data are correct, guaranteeing accurate benefit entitlement and scheme funding.
• Managing the progress of allocated schemes, including regular reviews, prompt responses to customer communications, and providing relevant information internally and externally.
• Supporting the new business team and Transition Managers by advising on administration capabilities and attending site visits to assess data quality prior to transactions.
• Ensuring timely communication and maintaining a full audit trail of all benefit and data items throughout the onboarding process.
• Contributing to continuous improvement initiatives within PRT Client Services by providing relevant MI as needed.
• Keeping internal and external stakeholders updated on key information impacting their processing to ensure fair treatment of end customers.
• Supporting team development by mentoring less experienced members.
• Providing customers with tailored information to facilitate understanding of communications, actions required, and when further support may be needed.

Qualifications:

• Pension qualifications such as CII or PMI, or demonstrable equivalent experience.
• Knowledge of pension regulations for DB schemes, including de-risking requirements.
• Understanding of how benefits are structured and administered in Defined Benefit schemes.
• Ability to manage tight timescales, prioritize work, and escalate issues when necessary.
• Accuracy and cost-effectiveness in service delivery.
• Awareness of risks faced by the team/business and proactive risk mitigation.
• Strong organizational and project management skills.
• Excellent written and verbal communication skills.
• Customer-focused with the ability to maintain and build relationships with policyholders, scheme members, legislative bodies, third parties, and colleagues.

Benefits:

• Participation in annual performance bonuses and share schemes.
• Generous pension contributions, life assurance, private medical insurance.
• At least 25 days holiday, plus public holidays, increasing after 2 years of service, with holiday buy/sell options.
• Family leave, electric car scheme, discounts, and modern workspaces supporting wellbeing.

Additional Information:

At L&G, we promote a positive, inclusive culture with opportunities for collaboration and career development. We support flexible working arrangements and value diverse backgrounds and experiences. We encourage applicants to focus on their strengths and potential, even if they don’t meet every criterion listed.