Transition Manager
Core
Design and deliver bulk purchase annuities and alternative de-risking products for Defined Benefit pension schemes, managing the end-to-end transition process from buy-in to buy-out.
Role type
Senior IC Transition Manager (Pension Risk Transfer)
Builds
Bulk purchase annuities, alternative de-risking products, and transition management processes for Defined Benefit schemes.
Domain
Financial Services / Insurance / Pension Risk Transfer
Deliverable
client delivery
Required skills
relationship management, data analysis and validation, Defined Benefit pension scheme data interpretation, due diligence processes, data migration across administration platforms, financial services and insurance knowledge (de-risking, profits, longevity swaps, investment solutions), transition plan production, risk due diligence.
Preferred skills
Pension Technical knowledge.
Technologies
administration platforms
Responsibilities
Manage individual scheme transitions from buy-in to buy-out (including attaching DC benefits), manage data verification and post-sales pricing processes, perform data validation and quality assurance checks on scheme data, participate in external sales presentations, produce and own transition plans with clients and internal stakeholders, act as key internal contact point for scheme queries, work with Operations to resolve complex queries, own the residual risk due diligence process.
Seniority
Experienced Colleague