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Pension Correction Specialist

Alexander Lloyd
Posted 17 days ago, valid for 6 days
Location

Leeds, West Yorkshire LS14 1DZ

Salary

£30,000 - £36,000 per annum

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Contract type

Full Time

Health Insurance
Retirement Plan
Life Insurance

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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  • The role is ideal for a Pension professional with project management and technical pension skills, focusing on GMP-related benefit correction projects.
  • Candidates should have a technical pensions background, with a preference for those who have experience in GMP equalisation and project management.
  • The position offers competitive remuneration, including bonuses and profit-sharing, alongside private health insurance and a non-contributory pension scheme.
  • Applicants must have a minimum of 3 years of relevant experience and the right to work permanently in the UK.
  • Flexible working arrangements and 25 days of annual leave are included to support work-life balance.
The Role:

Are you a Pension professional looking for a new interesting role utilising your Project Management and Technical Pension skills? Then this could be the role for you!. In this role, you'll be instrumental in delivering benefit correction projects, with a particular focus on GMP related projects. Over time, the role will expand into broader benefit correction work.

Whether you're pursuing your actuarial qualifications or looking to step away from exams, this role is perfect for someone with a pensions background and an interest in technical actuarial work.

Key Responsibilities:
  • Support a range of clients, working closely with Client Managers and Scheme Actuaries.
  • Own and manage processes, including data cleanse and project delivery.
  • Handle end-to-end aspects of benefit correction projects, collaborating across teams to ensure smooth implementation.
  • Check and review correction calculations and contribute to report production.
  • Manage the process of GMP comparisons between Scheme and HMRC records.
  • Oversee GMP equalisation models and manage implementation for pension correction exercises.
  • Prepare progress updates and review client reports.
About You:
  • Qualifications: Technical Pensions background though candidates from a pensions administration background will also be considered.
  • Skills: Strong analytical, numerical, and critical thinking skills with an understanding of actuarial approaches for pensions.
  • Experience:
    • GMP Equalisation experience is preferred but not essential.
    • Experience managing projects and familiarity with pension administration systems are desirable.
What We Offer:

We believe in rewarding you for your hard work. Here's what you can expect:

  • Competitive remuneration, including bonuses and profit-sharing.
  • Private health insurance, life insurance, and income protection.
  • 25 days annual leave, increasing with service, plus an extra day at Christmas and the option to purchase additional holidays.
  • Non-contributory pension scheme.
  • Full training and study support to help you build your career.
  • Hybrid working and flexible arrangements to support work-life balance from day one.
Application Process:

We have a straightforward, interview-based recruitment process that ensures equal opportunities for all. Please note, applicants must have a permanent right to work in the UK.

If you're ready to be part of a dynamic, growing team where you can truly make a difference please apply and we can arrange a chat to discuss the role further!

Please quote 50938 when calling Sarah at Alexander Lloyd or email them at . 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. Please continue to check our website www.alexanderlloyd.co.uk for any other roles which may be of interest.

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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.