The provided job description is quite comprehensive and well-structured, but it can benefit from improved formatting for better readability and engagement. I will refine the structure by organizing sections clearly with appropriate HTML tags, ensuring that key information is highlighted and the flow is logical.
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Client:
Royal London Group
Location:
Job Category:
Other
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EU Work Permit Required:
Yes
Job Reference:
8dd7b5b10db2
Job Views:
2
Posted:
26.04.2025
Expiry Date:
10.06.2025
Job Description:
Job Title: BPA Implementation Analyst
Contract Type: Permanent
Working Style: Hybrid 50% home/office based
Job Summary
The BPA Implementation Analyst role within the growing BPA Operations team will contribute to Royal London's market entry in the bulk annuities sector. This role involves activities related to implementing Bulk Purchase Annuity (BPA) business, covering a range of activities from implementation through buy-in and transition to buy-out.
The key responsibilities include:
* Pre-execution data and operational complexity due diligence
* Scheme onboarding
* Scheme trustee and administrator management
* Shadow administration (including buy-in payroll, member option validation, and movement processing)
* Data flow and control
* Data cleanse and true-up
* Transition to buy-out (including policyholder communication and admin and payroll transition)
* Ongoing reporting (management information and valuation extracts)
About You
We seek candidates with:
* Understanding of defined benefit pensions or willingness to learn
* Experience reviewing contracts and extracting relevant information
* Appreciation of operational challenges from data migration and management
* Experience with spreadsheet models
* Ability to perform calculations using proforma spreadsheets and review outputs
* Interest in professional training
* Financial background or numerically literate
* Experience managing senior stakeholders and meeting deadlines
About Royal London
We are the UK’s largest mutual life, pensions, and investment company, offering protection, savings, and asset management products and services.
Our People Promise emphasizes an inclusive, responsible, enjoyable, and fulfilling workplace, underpinned by our Spirit of Royal London values: Empowered, Trustworthy, Collaborate, Achieve.
We offer benefits such as 28 days annual leave plus bank holidays, up to 14% employer pension matching, and private medical insurance. Details can be found here - Our Benefits.
Inclusion, Diversity, and Belonging
We are an inclusive employer that values diverse backgrounds and cultures. Our diverse team brings a range of skills that are recognized and respected.
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