Transaction Manager
Legal & General Group
Hove, GB
7d ago
  • Company Info
  • Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK.

    But it’s also about you how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

  • Department Info
  • With around one million customers, our retail business helps turn customers’ pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.

    L&G Retirement Institutional is one of the leading player in the pension derisking market offering longevity, buy in, buy out and other innovative solutions to the defined benefits / final salary pensions schemes.

    We are one of the very few insurers who provide an in-house end to end derisking solution which includes our market leading onboarding, implementation and scheme administration proposition.

    We wrote more than £7bn of new business in 2017 and with the increasing growth in this market, this is a great time to join this division.

    We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion / belief, sexual orientation or age.

  • Job Duties
  • The role holder will be responsible for the project management and successful delivery of transactions within Pension Risk Transfer (PRT) team.

    The role holder will utilise their extensive project management skills to engage with a wide range of teams across PRT business, clients, EBCs and scheme administrators and ensure appropriate plans and governance are in place for successful delivery of new transactions.

    Some of the key responsibiltiies include :

    Managing a portfolio of PRT transactions Ensuring all transaction adhere to PRT governance and processes Where required manage 3rd party relationships with external advisors Overseeing all aspects post signing activities and implementation Liaising with other areas of LGR to ensure any potential impact of transactions are understood and recognised in the proposition Working closely with the Transition Management team provide oversight on all post transaction activities ensuring milestones are met and reported against Supporting the development of PRT Transaction Management capability across all future active territories and UK business structures.

    Keeping relevant PRT transaction MI up-to-date and provide to management team as appropriate and in a timely manner

  • Skills Required
  • A broad knowledge of pension industry, especially DB schemes. In-depth understanding of the pension risk transfer market and the products (longevity, buy in, buy out) will be ideal.
  • Demonstrable project and programme management experience supported by appropriate qualifications such as Prince II; Any pension qualification such as PMI will be an advantage Good problem solving, analytical and numerical skills;
  • Track record of building effective relationships in complex environments; Proven track record 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; Strong stakeholder, client and third party relationship management;
  • Expert user of the MS Office suite.

  • Benefits
  • 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.

    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 our Hove Office, but you could work in other Legal and General offices or at home, as necessary, provided this meets business needs.

    Details of agile working will be discussed during the interview process.

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