BPA Transition Lead / Manager

Job Details

Full details of the job.

• Vacancy Name: BPA Transition Lead / Manager
• Vacancy No: VN792
• Location Country: United Kingdom
• Work Location: Not specified
• Company: [Employer hidden — sign up to reveal]
• Group: [Employer hidden — sign up to reveal]
• Entity: [Employer hidden — sign up to reveal]
• Business Department: [Employer hidden — sign up to reveal] - BPA Operations
• Team: [Employer hidden — sign up to reveal] - BPA Operations
• Employment Type: Full-Time
• Standard hours per week: 35

Key Responsibilities & Requirements

Job Details:

• - Support the Head of BPA Operations with the successful execution and onboarding of Bulk Purchase Annuity business and the transition of schemes onto [Employer hidden — sign up to reveal]'s administration platform, deputising as required at all points of the transition journey.
• - Build and drive project plans for each proposed buy-in execution.
• - Build and drive project plans for each transition to buy-out, including the true-up.
• - Manage the operational relationships with EBCs/Trustees/ceding administrators throughout the transition processes.
• - Represent [Employer hidden — sign up to reveal] in Trustee and EBC meetings.
• - Work collaboratively and manage the operational relationships with Trustees and ceding administrators during the post-buy-in period.
• - Ensure operational readiness is achieved for each new transition.
• - Support the preparation of contractual documents and individual policy documents.
• - Support the data cleansing and data true up process.
• - Keep abreast of industry issues and developments.
• - Identify and escalate emerging issues.
• - Any other task or activity as may be reasonably expected within this role.
• - Maintain competence and fitness and propriety standards to the level required by the Company’s regulators.
• - Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards as set out.
• - Notify the regulator(s) of matters reasonably expected to be notified.

Core Competencies:

• - Knowledge of UK Defined Benefit Pensions and the BPA market.
• - Excellent knowledge of the BPA process, from deal execution to buy-out.
• - Strong project management and stakeholder management skills.
• - Advanced MS Excel skills.
• - Strong data analytical skills.
• - Able to build productive relationships at all levels.
• - Good presentation, communication, negotiation skills.
• - Pro-active, pragmatic, adaptable and flexible.

Experience and qualifications: Mandatory - Experience of the BPA market and the transition process. - Proven project management and stakeholder management experience.