Pensions Transition Specialist

WTW group; Redhill; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in the UK is seeking a Transition Specialist to manage new client administration service installations, particularly for insurance clients. The role involves supporting buy-in and buy-out deals, maintaining performance standards, and mentoring colleagues. Ideal candidates will have a track record in defined benefit schemes and excellent communication abilities. You'll enjoy a comprehensive benefits package including generous leave, healthcare, and various perks, all within a supportive hybrid working environment.

Benefits

25 days annual leave plus an extra day

Private healthcare

Life insurance

Matched pension contributions

Employee assistance programme

Paid volunteer day

Electric vehicle car scheme

Cycle-to-work programme

Qualifications

• Track record in dealing with DB occupational schemes.
• Excellent written and verbal communication skills.
• Organizational skills with the ability to prioritize tasks.

Responsibilities

• Support new insurance buy in and buy out deals.
• Ensure delivery promises and performance standards are met.
• Challenge procedures for process improvements.
• Coach and mentor colleagues.

Skills

DB occupational schemes management

Interpersonal skills

Time management

Computer literacy

Education

Progression in PMI qualification

Job description

Description

Are you an ambitious, self-driven person with a can-do attitude and a Passion for Pensions? We are hiring for a Transition Specialist within our Speciality area where your primary focus will be on the delivery of new client administration service installations for a leading insurance client.

You will play an essential role from the initiation of an insurance buy inthrough to completion of a buy out and will typically act as an administration contact during the project delivery phase. You will ideally have a strong broad understanding of the various delivery streams across a pensions administration service and a strong background in final salary pensions administration or buy-ins and buy-outs. You will also need to be able to co-ordinate and provide guidance across multiple workstreams and the ability to understand and explain complex issues.

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

The Role

• Support a portfolio of new insurance buy in and buy out deals, attending regular transition calls / meetings with the client and as required by the ceding third party administrator.

• Ensure that all delivery promises and performance standards are achieved.

• Ensure that all procedures and client controls are established and documented during transition.

• Challenge procedures to identify and drive process improvements.

• Be a point of reference on technical issues and administration related queries.

• Coach, mentor and drive colleague training and development.

• Build relationships across Outsourcing teams (on and off-shore) and WTW lines of business.

• Work with the Transitions Project Manager to improve operational efficiency and reduce costs e.g. automation, full use of standard procedures.

• Work with your team and the business to create a positive working environment.

• Provide an efficient, professional service to meet all client/members’ needs and to promote the WTW brand.

Qualifications

The Requirements

• Demonstrable track record in dealing with DB occupational schemes.
• Interpersonal skills to include excellent written and verbal communication.
• Strong time management skills and the ability to organize and prioritise your tasks.
• Computer literate.
• Take pride in your work with accuracy and adherence to a high level of quality being paramount.
• Progression in PMI qualification desirable.

At WTW, we believe difference makesus stronger.We want ourworkforceto reflectthe differentand varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bringtheir wholeselvestoworkeveryday.Weareanequalopportunityemployer committedtofosteringaninclusive work environment throughout our organisation. We embrace all types of diversity.

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail].

Equal Opportunity Employer

(OGB2)