To lead a portfolio of pension risk transfer transactions and take ownership of end to end scheme implementation and on-boarding. Support the business development team in securing business and provide technical expertise on administration and implementation issues.

To lead a portfolio of pension risk transfer transactions and take ownership of end to end scheme implementation and on-boarding. Support the business development team in securing business and provide technical expertise on administration and implementation issues.

To develop a ‘scheme specific’ implementation plan for a portfolio of  transactions and provide to all Trustees, their advisers and to all interested parties within L&G appropriate documentation demonstrating how the implementation project is being handled. Establish and maintain the correct structures to control and install the scheme in the most efficient and timely manner.

Work closely with the Pensions Risk Transfer (PRT) Business Development function where required to assist in maximising new business opportunities at tender, beauty parade and site visit stages and with production of opportunity specific project documentation and marketing material.

Work closely with the PRT Business Development function, overseeing all aspects of the implementation process, establishing and managing work streams if required, and ensuring all milestones within the project plan are achieved in a way that takes into account the fair treatment of all customers.

Take responsibility for liaising with trustees, brokers and administrators, agreeing a timescale and process for verifying data to ensure that benefits are costed accurately and reflect the legal liabilities being taken on by L&G. Establish and monitor actions against the agreed timetable and put remedial actions in place.

Undertake a Post Implementation Review for each scheme, meeting with or reporting to the Trustees and their advisers and administrators as appropriate. Maintain an excellent knowledge of the Pension Risk Transfer proposition and processes along with any changes of pensions and de-risking legislation.

Support the development of Pension Risk Transfer Implementation capability across all future active territories and UK business structures.

Keep relevant PRT implementation MI up-to-date and provide to management team as appropriate and in a timely manner.

Qualifications:

• Prince 2 practitioner
• PMI qualification (modules as appropriate)

Knowledge:

• Knowledge of pension regulations for DB schemes, including a detailed understanding of the requirements for schemes in the course of wind-up, and the interaction with PPF and FAS.
• Demonstrable experience in administering and on-boarding defined benefit pension schemes.
• In depth understanding of buy-out, buy in and an understanding of longevity insurance and reinsurance products and propositions.
• A deep understanding of systems and processes required to meet annuity commitments. This includes processes around data/benefit input, FR reconciliation, inception costings, administration processes and customer communication.
• An understanding of the current challenges and opportunities in the Pension Risk Transfer market would be an advantage.

Skills:

• Good problem solving, analytical and financial skills; ability to understand high volumes of customer data as well as pension benefit calculations.
• Track record of building effective relationships in complex environments
• Validated  background in adapting to trends and openness to new ideas
• Strong organisational and change management skills and attention to detail, with a demonstrated ability to prioritise and work independently, managing a high-volume of tasks and deadlines.
• Excellent interpersonal skills with the ability to successfully engage and influence a broad range of individuals across various businesses and key support functions.
• Strong experience in leading and/ or participating in beauty parades and presenting to Trustees and Advisers.

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 30 days' holiday, private medical insurance, performance related bonuses, discounts at both a huge range of high street stores and our own great products, as well as a 12% car allowance scheme, your hard work will be rewarded when you join us.

For further information about the role, please contact Graham Stoddart, UK Resourcing Lead, at graham.stoddart@landg.com

Our view is that this role is suitable for agile working. This means we would consider a more flexible working arrangement, where your hours and work location are managed according to business, customer and personal needs. For this role, you would be based in Hove, but you could work in other Legal & General offices or at home, as necessary, provided this meets business needs. Details of agile working will be discussed during the interview process.