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Fantastic opportunity to join a large in-house pensions team. You will be responsible for technical aspects of the services provided by the company pensiosn scheme to its various customers including pension fund trustees, corporate finance team, HR, commercial teams, Defined Benefit (DB) and Defined Contribution (DC) members of the Fund and related parties. Provide corporate support to businesses in relation to other pension and life cover arrangements. Report into the Corporate Actuary & Pensions Manager.
Work on a hybrid basis from their Merseyside office or work from home with occassional travel to their head offices
About the role
- Ensure procedures and tools are in place for the Pensions Centre to maintain ongoing compliance with statutory legislation, regulations, scheme rules and appropriate quality standards, developing new procedures and tools as necessary
- Identify and manage any member communication changes required and maintain an accurate, up-to-date member communications library; and help to improve user experience
- Become an expert user of our pensions administration software system, Compendia:
- Understand how the member data is held, how to analyse and report on data and improve quality of data held where possible
- Develop and maintain on-system and off-system calculation specifications and associated testing material
- Work with Compendia supplier to undertake system upgrades where necessary and maximise new functionality
- Lead on delivery of major change projects, collaborating with all stakeholders as required
- Develop technical training and tools needed by administration team and facilitate / deliver to team
- Identify suggestions for improvement to maintain effective systems and controls, improve business efficiencies, reduce potential complaints and manage business risks. Escalate these to senior management team for consideration and implementation
About you
- Minimum 5+ years pensions experience
- In-house or third party pension administration management or pensions consultancy experience
- DB and DC pensions knowledge and experience
- Strong pensions legislative and technical knowledge
- Experience of performing manual calculations, developing and using calculations specifications and dealing with complex queries across all types of scheme events
- Attention to detail with experience of interpreting Scheme Rules, legislative regulations and other legal material
- Strong analytical and data interrogation skills
- High level of commitment to delivery and willingness to meet deadlines whilst not compromising quality
- Self-motivated and able to work autonomously and as part of a team
- Pension systems knowledge and understanding, ideally Compendia
Please quote reference 72733.
