Senior Transition Consultant - Defined Benefits

LegalAndGeneral; England; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading retirement solutions provider in England is seeking a Senior Transition Consultant to join their award-winning Pension Risk Transfer business. This hybrid role involves developing transition plans, analyzing benefits data, and ensuring accuracy across administration processes. Ideal candidates will have pension qualifications and strong organizational skills. Benefits include competitive salary, share schemes, and generous holiday options.

Benefits

Participation in performance bonuses and share schemes

Generous pension contributions

Life assurance, private medical insurance

At least 25 days holiday plus public holidays

Family leave, electric car scheme

Modern, collaborative workspace

Qualifications

• Ability to manage tight deadlines, prioritize work, and escalate issues.
• Accuracy and cost-effectiveness in service delivery.
• Awareness of team and business risks, with proactive risk mitigation.

Responsibilities

• Developing scheme-specific transition plans for all transactions.
• Analyzing scheme benefits and data to draft legal agreements.
• Performing peer reviews to ensure accuracy.
• Managing scheme progress, including reviews and customer communications.
• Supporting new business team and Transition Managers.

Skills

Pension qualifications such as CII or PMI

Knowledge of pension regulations for DB schemes

Understanding of benefit structures and administration

Strong organizational skills

Excellent written and verbal communication skills

Customer-focused with relationship management skills

Job description

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

Company Description

Legal & General looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market since 1987, we are the UK's longest-running insurer.

Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes, and their advisors to help secure and protect scheme members' retirement benefits.

Joining us means you'll support customers' financial security in retirement, help companies settle pension liabilities, and enable long-term investment to back our pension promises.

Job Description

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

We offer a competitive salary, great benefits, and the chance 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 benefits.

This is a Hybrid Working role, allowing you to work both from home and our offices to achieve a work-life balance that suits you.

What you'll be doing:

1. Developing scheme-specific transition plans for all transactions and providing these to Trustees, their advisors, and relevant parties, including documentation to demonstrate project management and control structures.
2. Analyzing scheme benefits and data to draft legal agreements for proper benefit administration.
3. Performing peer reviews to ensure benefit specifications and data accuracy across teams.
4. Managing scheme progress, including reviews, customer communications, and information sharing.
5. Supporting the new business team and Transition Managers with administration capabilities and site visits to assess data quality.
6. Ensuring timely communication and maintaining an audit trail of benefit and data items throughout onboarding.
7. Contributing to continuous improvement initiatives within PRT Client Services via MI reporting.
8. Keeping internal and external stakeholders updated on key information affecting their processes.
9. Supporting team development through training and mentorship.
10. Providing clear, tailored information to customers about actions required or further support needed.

Qualifications

Who we're looking for:

• Pension qualifications such as CII or PMI, or equivalent experience.
• Knowledge of pension regulations for DB schemes, especially de-risking processes.
• Understanding of benefit structures and administration in DB schemes.
• Ability to manage tight deadlines, prioritize work, and escalate issues when needed.
• Accuracy and cost-effectiveness in service delivery.
• Awareness of team and business risks, with proactive risk mitigation.
• Strong organizational skills, with project management experience beneficial.
• Excellent written and verbal communication skills.
• Customer-focused with excellent relationship management skills for internal and external stakeholders.

Benefits include:

• Participation in performance bonuses and share schemes
• Generous pension contributions
• Life assurance, private medical insurance
• At least 25 days holiday plus public holidays, with options to buy/sell holiday
• Family leave, electric car scheme, discounts
• Modern, collaborative workspace designed for wellbeing

Additional Information

At L&G, we believe in generating positive returns today while building a better future. We foster an inclusive, diverse culture with opportunities for collaboration, development, and wellbeing. We support flexible working arrangements, including part-time, term-time, and job shares, where feasible.

Don't worry if you don't meet every criterion — bring your strengths, potential, and connection to our purpose.

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