Hybrid Senior BPA Transition Manager

Posted last week

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About the role

  • Own, drive and manage the implementation of a standard, client focussed, transition journey for a varied portfolio of schemes, allowing them to incept in a controlled and efficient manner. Supporting Trustees and our outsourced partner through onboarding and onward to buy-out.
  • Support complex schemes where required, including creation of presentations for Trustees and attendance at meetings with clients to provide an overview of the proposition and services offered by the team.
  • Provide ongoing real-time support to Trustees, administrators and other third parties as required.
  • Develop a thorough understanding of the benefits and data for each scheme within your portfolio, allowing you to act as the first point of contact for all external communication.
  • Develop, own and drive a project plan with each Scheme to proactively manage them through the transition process and onward to buyout.
  • Working closely with the Client Services data analysts and senior data analysts to ensure that all data cleanse activity is completed in line with agreed project plans.
  • Proactively identify emerging issues, liaising with external administrators and Phoenix’s outsourced administrator to rectify.
  • Build and maintain relationships with internal stakeholders, Phoenix’s outsourced administrator, scheme administrators and Trustees, providing ongoing support throughout the transition journey.
  • Produce detailed and accurate management information to support effective oversight
  • Support the preparation of contractual documents and individual pension policy documents at buy-out.
  • Ensure that all contractual obligations are completed on time, and to a high standard before the buy-out occurs.
  • Support the development of a team of Transition managers ensuring knowledge of the Standard Life proposition is maintained and passed through to the wider team.

Requirements

  • Excellent knowledge of Bulk Purchase Annuities and Defined Benefit Pensions
  • Previous experience transitioning schemes through to buy-out
  • Experience carrying out BPA new business pitches
  • Demonstrated ability to provide actionable recommendations to stakeholders being able to tell the story in a way that is easy to understand
  • The ability to interpret risks and issues in a transition journey that will impact delivery of a project plan
  • Proven experience of collating and contributing necessary data and insights of the BPA transition journey to key stakeholders to support decisions for post-transaction services and distribute in a variety of formats back to key stakeholders
  • Understanding of an outsourced administration model
  • Exposure to external clients and stakeholders via meetings and telephone calls
  • Experience of reviewing and interpreting pension benefit documentation
  • Experience of working in a project or change environment
  • Willingness to develop and progress in the role, highlighting and engaging with any training needs as appropriate

Benefits

  • Up to £95,000 depending on experience plus bonus
  • private medical cover
  • 38 days annual leave
  • excellent pension
  • 12x salary life assurance
  • career breaks
  • income protection
  • 3x volunteering days and much more

Job title

Senior BPA Transition Manager

Job type

Experience level

Senior

Salary

£95,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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