SonicJobs Logo
Left arrow iconBack to search

Pensions Insurance Technical Lead

IDEX Consulting Ltd
Posted 9 days ago, valid for 9 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

info
Contract type

Full Time

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

info
  • IDEX Consulting is seeking a Pensions Insurance Technical Lead with a strong background in Defined Benefits Pensions and Insurance Administration.
  • The role requires previous experience in schemes transitioning through buy-ins and buy-outs, along with extensive knowledge of pensions administration activities.
  • Candidates should have supervisory experience and the ability to develop innovative solutions while collaborating with various teams across the UK.
  • The position offers a competitive salary, although the specific amount is not mentioned in the job description.
  • Applicants should have a minimum of several years of relevant experience in pensions administration, particularly with Defined Benefit schemes.

IDEX Consulting are looking for a technical expert with a strong grasp of Defined Benefits Pensions and Buy-ins/Buy-outs?

We are looking for a Pensions Insurance Technical Lead who comes from a DB background or Insurance Administration. This is a versatile role collaborating with the managing partner and travelling to different sites across the UK.

If you have experience in an Insured Administration or TPA environment, then please get in touch for more information.

Role Responsibilities:

  • Act as a referral point for more complex technical matters.
  • Provide advice, support, and solve problems.
  • Support Edinburgh, Belfast, and other locations on insured administration implementation and ongoing administration.
  • Develop innovative solutions.
  • Able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme.
  • Have excellent interpersonal abilities, able to forge strong working relationships with colleagues and clients.
  • Assist with system configuration and automated calculation updates.
  • Assist with training in insured technical matters
  • Assist with reviewing the documentation and processes for insured administtration
  • Meet regularly with Administration Managers and team members to establish areas of concern e.g. levels of complaints/errors, efficiencies already identified but not actioned, teams with loss of scheme knowledge, scheme changes, ad hoc projects, new clients etc. Plan resolution of any issues and assist with implementation.

Your ProfileEssential Criteria

  • Experience of schemes transitioning through buy-in, buy-out and through to day-to-day bulk annuity administration
  • Be able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme
  • Have previous pensions administration experience of Defined Benefit schemes including leavers, retirements, deaths, transfers, monthly processing and investment, benefit statements, renewals, scheme returns, and pension increases.
  • Have thorough knowledge and experience of pensions legislation framework and demonstrable ability to remain informed of changes to the framework and implement change.
  • Previous supervisory, leadership and management experience.

Desirable Criteria

  • Ideally have experience of bulk annuity administration in a TPA environment and the associated FCA compliance and reporting requirements.

Please apply if interested or get in touch for more information contact

Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.

Our Diversity, Equity and Inclusion Mission

At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

Apply now in a few quick clicks

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.