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Transition Manager (DB Pensions)

Employer
Jenrick Commercial
Location
Brighton
Salary
£50000 - £62000 per annum, Benefits Up to 45% Bonus, Pension + Agile
Closing date
13 May 2019

View more

Sector
Business
Contract Type
Permanent
Hours
Full Time

Transition Manager (DB Pensions), Up to £62,000 + Up to 45% Bonus + Strong Pension, 25 Days Holiday, Agile Working, Lovely Blue Chip Company.

The Role:

The Transition Manager (DB - Defined Benefit) be responsible for managing a team of Transition Consultants (6 in total) to deliver an outstanding transition service to new Pension Risk Transfer (PRT) business and ensure the team meets client requirements within required timescales.

You will support the Senior Transition Managers/ Transition Managers in managing their portfolio of clients and working with wider Pension Risk Transfer Client Service teams for successful scheme transitions.

You will be responsible for:

Designing, implementing and maintaining a plan for inflight transitions, including prioritisation against customer/business needs and costs, and deliver against plan.

Proactively monitoring the workload across the team and the workflow of pre-sale support and post-sale transitions to ensure compliance with agreed service levels.

Understanding and maintaining the team’s work processes; regularly reviewing and updating processes to support new developments.

Meeting specified internal quality and productivity levels set by management in order to achieve the throughput of new Pension Risk Transfer (PRT) business.

Supporting PRT Business Development and Transition Managers by offering advice on administration capabilities and attending site visits to gather an understanding of the quality of the data help prior to transaction.

Producing MI to proactively manage and demonstrate all activities within the team to stakeholders at all levels.

Ensuring all risks and controls relating to the department are monitored and reported on the internal system in accordance with risk and compliance.

Ensuring all internal customers and any relevant third parties are kept updated in a timely fashion on any key information which impacts their processing to enable them to treat the end customer fairly.

Effectively managing the team in accordance with the Company’s policies and procedures, including the Partnership Agreement, so that the team’s business objectives are achieved consistently.

Ideal Skills Required:

Ability to take ownership of and resolve any issues, referring to their manager when required.

Actively contribute to the enhancement of the overall performance of the team.

Prioritise own workload within the team in order to meet objectives and maintain our high level of customer service.

Contribute to maintaining service level agreements for both internal and external customers.

Flexibility to adapt to changing circumstances i.e. covering work in the absence of others, supporting other teams and taking on new challenges.

Owns your own development and supports and encourages others with their development.

Initiate and contribute to the implementation of new initiatives and supports change.

Ability to communicate proficiently at any level, E.g. Trustees, EBCs, Administrators, Senior Managers, and peers.

Knowledge required:

Previous experience in the Pension Risk Transfer market.

Understanding of the way benefits are structured and administered in Defined Benefit schemes.

Understanding of project management and delivering high quality MI (e.g. reports, dashboards etc.)

Understanding the legal framework around derisking and buy in/ buy out contracts. Understanding of Part 7 transfers is desirable

Strong understanding of the risks to the team, and the business and actively takes steps to reduce these risks.

Understanding of the breach process, the reporting of complaints and control failure processes

Benefits Include:

35 Days Holiday
Up to 45% Bonus
Agile Working
10% Pension
+ Many other blue chip benefits



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