Job description
End Date
Tuesday 11 July 2023Salary Range
£66,861 - £74,290Agile Working Options
Job Description Summary
Check out the exciting opportunity below in our fantastic Bulk Annuity team...Job Description
Job title: Bulk Annuity Implementation Manager
Salary: £66,861- £81,719
Location: London
Hours: Full-time or Part-time
Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at our Gresham Street office.
About the Role:
We're looking for a Bulk Annuity Implementation Manager who'll play a meaningful role in supporting the Senior Implementation Managers to onboard successful bulk annuity transactions, coordinate data cleanse activities, and deliver the operational requirements of our reinsurance treaties.
You’ll be joining us in Insurance, Pensions & Investments, within the Bulk Annuity Operations team at an exciting time in a busy market! Our aim is to help our individual and corporate customers make the most of their financial future, growing scale across our bulk annuity business.
What you'll be doing:
- Sit at the centre of our implementation processes, forging close working relationships across a wide range of internal and external stakeholders to manage the flow of information, drive progress against plans and ensure a smooth transition for our customers
- Support delivery of our contractual obligations within agreed timescales and to a high standard, as well as compliance with all of the relevant risk, governance, and oversight requirements
- Apply your defined benefit pension knowledge to validate and manipulate large complex data sets, challenging inconsistencies where required, and to manage data and benefit queries across teams to ensure prompt resolution
- Proactively identify and implement operational improvements and risk controls
- There will be opportunities to support with the delivery of operational solutions to follow regulatory updates and enable strategic product developments
- Promote knowledge sharing across the team, coaching, training and developing junior colleagues.
Why Lloyds Banking Group?
We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.
What skills & experience you'll need…
- Strong Defined Benefit Pensions administration experience
- Ability to effectively understand and analyse pension scheme data and the potential downstream impacts of data issues
- Strong project management skills with a track record of successfully co-ordinating pension projects with multiple parties
- Comfortable presenting to internal leaders, suppliers and external clients
- Problem solver, who considers customer, risk, and commercial implications
- Experience training and developing colleagues.
...and any experience of these would be really useful:
- Direct bulk annuity experience either with another insurer, a reinsurer or through a pension scheme administrator
- Experience in supporting commercial transactions and presenting to potential clients on operational matters
- An understanding of the regulatory and governance environment within the insurance or occupational pensions sector
About working for us ...
Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.
We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
We were one of the first major organisations to set goals on diversity in senior roles, build a menopause health package, and a dedicated Working with Cancer initiative.
And it’s why we especially welcome applications from under-represented groups. We're disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- A discretionary annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 30 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.