Pension Transitions Manager

Join us as a Pensions Transitions Manager within our Outsourcing line of business based out of our Redhill office working hybrid.

This is an exciting role working on pensions transitions from trust based DB pensions schemes which are transitioning into a full insurance buy out. You will be majorly responsible for managing high profile projects from the initiation through to completion and will act as the lead client contact during the project delivery phase.  You will have a good understanding of the various delivery work streams across pensions administration and a strong background in final salary pensions administration

The Role

• You will manage a portfolio of scheme transitions from the client’s initial signing of the bulk purchase annutiy (BPA) contract through to a full insurance buy-out
• You will be the key point of contact for the insurance client, attending regular transition calls/meetings and coordinating with the scheme’s ceding administrator
• Manage the journey to buy in and then buy out by leading a team of project transitions experts.
• Coordinating with support teams to ensure retirement calculations and letters are automated. 
• Ensure that procedures are documented and establish controls for new clients during transitions process ensuring that lessons learned from previous transitions are incorporated
• Work on ad hoc client chargeable projects as required
• Identify and efficiently resolve issues, putting forward solutions which will enable projects to be effectively delivered in accordance with client requirements
• Gain a good understanding of the Outsourcing administration business, service initiatives and project delivery impact on profitability
• Manage a projects transitions team to ensure that projects are delivered on time
• Be responsible for the team members' performance reviews.

What you’ll bring:

• Experience of dealing with occupational pension schemes especially DB schemes is essential and experience with Pensions Projects is an advantage
• Previous experience in delivery of pensions administration services to clients is essential
• Experience with insurance buy-ins, buy-outs and money purchase knowledge is an advantage. 
• Record of identifying opportunities for improvement with subsequent delivery
• Excellent communication skills including verbal and written communication
• Self-starter who takes responsibility for the delivery of the work allocated 

• Highly organized, motivated individual with strong team skills

What We Offer

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.

Equal Opportunity Employer

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 candidate.helpdesk@wtwco.com

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