Transition Analyst

Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions. With over £68 billion of assets under management, we secure the pensions of more than one million people and pay out, on average, approximately £200 million in pension payments each month.

Rothesay is dedicated to providing excellence in customer service alongside prudent underwriting, a conservative investment strategy and the careful management of risk. We are trusted by the pension schemes of some of the UK’s best known companies to provide pension solutions, including British Airways, Cadbury, the Civil Aviation Authority, the Co-Operative, Morrisons, Smiths Industries and Telent.  At Rothesay, we are striving to transform our industry. We believe deeply in creating real security for the future and our leadership in finding new and better ways to do that is the key to our success. To do that, we need the very brightest original thinkers to bring creativity as well as rigour. Rothesay is a rewarding place to work, where quality people can thrive and prosper. We pride ourselves on the connections our people build, many of whom have been with us for over ten years.

Job title:  Scheme Transition Analyst

Reports to:  Head of Transitions

Role type: Permanent

SMCR classification:  Conduct staff

The Scheme Transition Analyst role sits within the Transitions team at Rothesay whose core responsibilities include working closely with key internal and external stakeholders to support the implementation (“onboarding”) of new clients covering all de-risking transaction types. The Scheme Transition Analyst will become involved with a new client from the point of initial due diligence and will remain involved through to final premium adjustments and issuance of Individual Policies, if applicable.

The team is formed of experienced analysts and managers, and works closely with Pricing Actuaries, Business Development, Technology, and the Liability Operations teams.  As a Scheme Transition Analyst, you will have the opportunity to look after all aspects of new deal transactions and be responsible for the trade implementation in-house and ongoing client relationship management with the scheme.  Automation is key to long term business scalability and continued efficiency drives will ensure the team remains the go-to option for new business transactions. The work is fast paced and constantly expanding - the role presents a great opportunity to join an exciting, technical, and dynamic project-based team. 

This multifaceted role would suit someone who is comfortable working with data and confident in communicating with internal and external stakeholders.  

 Job Responsibilities:

• Support a portfolio of implementations, assisting with the implementation of new business onto our in-house systems.
• Client relationship management where you will be a key point of contact for all queries and responsible for working with other teams internally to resolve any issues in a timely manner.
• Develop and manage project plans ensuring that both contractual and customer commitments are delivered on time, chairing regular implementation meetings with clients and their administrators as appropriate.
• Working with large data sets and presenting findings in a clear and useable way.
• Trade support on live in-house deals.
• Deliver presentations and updates to internal and external stakeholders (including senior management).
• Lead or assist in developing firmwide initiatives which generate further efficiencies, both internally and to improve the client experience.
• Keep up to date with legislative, product and market changes affecting our core business and the products that Rothesay offer.

Skills and experience required:

 Required 

• Preferably you will have a 2:1 degree and/or experience of supporting client on-boarding projects, ideally within Financial Services so you understand the regulations and risks.  Some experience of client relationship management would be advantageous.
• Strong analytical and problem-solving skills - demonstrate a high level of attention to detail.
• Strong Excel skills – familiarity with core formulas and experience of manipulating large data sets.
• Ability to communicate effectively and confidently with external and internal stakeholders at all levels of seniority.
• Ability to summarise and communicate complex issues.
• Demonstrate evidence of being a team player - able to help others both in and out of the team where appropriate.

Desirable

• Understanding of project, business analysis and/or software development life cycles.
• Experience in data modelling, using e.g. VBA, Python.
• Project management skills and the ability to multi-task effectively whilst monitoring deliverables and deadlines.
• Some pensions or insurance knowledge.
• Understanding of risk controls in an operational environment.

Rothesay competencies: 

• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical skills
• Drive and Motivation – Be a self-starter; successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Teamwork – Demonstrate evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions