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Pensions Consultant

Alexander Lloyd
Posted 9 hours ago, valid for 15 days
Location

Glasgow, City of Glasgow G62 6EP, Scotland

Contract type

Full Time

Retirement Plan

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are looking for a Pension Transitions Consultant with expertise in Defined Benefit (DB) schemes to facilitate smooth transitions and ensure accurate benefit administration.
  • The role requires a pension qualification such as CII or PMI and a minimum of 3 years of relevant experience in pensions administration.
  • Key responsibilities include developing transition plans, conducting peer reviews, and maintaining communication with customers and stakeholders.
  • The position offers a competitive salary of £40,000 to £50,000, depending on experience, and provides opportunities for mentorship and team development.
  • This is an exciting opportunity to join a new player in the Glasgow pension market, providing a fresh perspective in a competitive industry.

Are you a pensions professional with a deep understanding of Defined Benefit (DB) schemes and a passion for ensuring smooth transitions? We are seeking a Pension Transitions Consultant to play a key role in delivering seamless transitions for pension schemes, ensuring benefits are accurately administered, and customers receive the best possible service.

Key Responsibilities:
  • Develop and manage scheme-specific transition plans, providing clear documentation and oversight to all stakeholders.
  • Analyse scheme benefits and data to draft legal agreements, ensuring smooth administration.
  • Conduct first-line peer reviews to guarantee accurate benefit specifications and funding.
  • Take ownership of allocated schemes, maintaining strong customer communication and ensuring timely responses.
  • Support the new business origination team by advising on administration capabilities and assessing data quality pre-transaction.
  • Ensure effective communication and maintain a full audit trail of benefit and data items throughout the onboarding process.
  • Contribute to continuous improvement efforts, providing management information (MI) as needed.
  • Keep internal teams and third parties informed of key updates to support accurate and fair customer outcomes.
  • Support team development by mentoring and training less experienced colleagues.
  • Ensure customers receive clear, tailored information regarding their benefits and any necessary actions.
What We're Looking For:
  • Pension qualification such as CII or PMI (or equivalent experience).
  • In-depth knowledge of DB scheme regulations and the de-risking process.
  • Strong understanding of DB scheme benefits structure and administration.
  • Proven ability to manage tight timescales, prioritise work, and escalate issues when needed.
  • Strong attention to detail with a right-first-time approach to ensure accuracy and efficiency.
  • Awareness of operational risks within pensions administration and a proactive approach to mitigating them.
  • Excellent organisational and project management skills.
  • Clear and confident written and verbal communication skills.
  • A customer-focused mindset with the ability to build strong relationships with policyholders, trustees, third parties, and internal teams.

This is a rare opprtunity to join one of the New pension players in the Glasgow area that offer a different perspective to a crowded market....

Please quote 51282 when calling Aaron at Alexander Lloyd. This is only one of many vacancies we are handling, Alexander Lloyd is a specialist within Financial Services recruitment. Areas of expertise include Employee Benefits, Compliance, Pensions, Group Risk, Paraplanners, Sales Support, T&C etc.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.