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Senior Consultant - Hove, East Sussex, United Kingdom - Legal & General
Description
Securing pensions over the long term can be a challenge for many businesses.
Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.
We're helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members' financial security in retirement.
In the last 30 years we've written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.
In this role you will work on the development of 'scheme specific' transition plans for Pension Risk Transfer (PRT) transactions and provide these to Trustees, their advisers and to all interested parties within L&G to demonstrate how the transition project is being handled.
You will also analyse scheme benefits and data to draft legal agreements that allow all benefits to be properly administered by the Client Services administration teams.
Ensuring that all teams within PRT have the correct benefit specification and data to guarantee that the customers receive their correct benefit entitlement and that schemes are funded accurately.
You will also ensure there is a full audit trail of all benefit and data items throughout the lifecycle of the onboarding process.
You will also support the PRT New Business Origination team and the Transition Managers in the relationship management of key stakeholders, including participation at client meetings and presentations, and attending site visits to gather an understanding of the quality of the data prior to transaction.
This is a hybrid working opportunity based from our Hove Offices, which will allow you to work flexibly between your home and the office to find a work/life balance that works for you.
Knowledge of pension's regulations for DB schemes, including a detailed understanding of the requirements for schemes in the process of de- risking, is essential.
Ability to provide an accurate and cost-effective service by getting it right first time.A strong understanding of the risks to the team, and the business, and a desire to actively takes steps to reduce these risks.
Competitive SalaryHoliday Allowance - 25 days plus all UK bank holidays
Pension Contribution - L&G match any personal contributions up to 5% and provide a further contribution of 5% per month
Private Medical Insurance
Life Insurance
The brand with the brolly is choosing today to change tomorrow.
Since 1836, we've grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.
We're all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.
At L&G, you'll find a balance that helps you be your best. Empowered by hybrid working, we're supported by technology and workplaces that enable us to work effectively wherever we are. And, when we achieve great things, we celebrate our success and reward strong performance.
Today, there's over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G.
We don't just talk about it, we actively promote diversity and equitable opportunities for all.
That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status.
In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.We want you to use your voice to help us build a better tomorrow.
we're always open to discussing flexible working arrangements. Likewise, we're committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.
