Pensions Officer

3 weeks ago

Milton Keynes, United Kingdom Network Rail Full time

Pensions Officer

**Location**:
Milton Keynes, GB

**Department Name**:
HR Compensation & Benefits Pensions (348101) G5

**About Network Rail**:
Join Our Team at Network Rail

Investing in our people is key to enhancing the safety, reliability, and efficiency of our railway system. If you're passionate about making a meaningful impact, then this opportunity is for you

**Brief Description**:
We are looking for a **Pensions Officer** to fill a **Permanent** opportunity based in either **Milton Keynes or London Waterloo**, to provide support to the Director of Pensions and Pensions Manager in relation to the administrative and operational matters of the Network Rail (NR) Pension Schemes. Also to provide guidance and answer queries from employees (and their professional advisors) of NR in relation to their Pension Provision.

**About the role (External)**:
What will your day look like?

The role of Pensions Officer is a multifaceted role in that you will undertake various duties including (but not limited to):

- Supervise individuals in the Pensions Team on the operation and administration of NR’s Pension arrangements. Develop junior members of the Pensions Team to deliver effective succession planning for all roles.
- Provide pro-active guidance to employees, The wider NR HR Community and resolve queries in relation to NR pension arrangements.
- Maintain and improve effective working relationships within NR HR and Finance, along with the 3rd party Scheme administrators for an effective delivery of pension services.
- Evaluate and look to continually improve the development of the plain English communications strategies and materials for both NR and the Pension Scheme Trustees on Pensions related topics.
- Manage work streams and provide oversight and support to NR Business-wide large projects in relation to the delivery of pension related benefits and to lead on small-medium pension related projects. Provide support on HR initiatives as required.
- Check and approve the more complex calculations of contributions and benefits for scheme members across the various NR Pension Schemes.
- To provide support to the Pensions Manager in the preparation of Trustees/Committee meetings along with attending the meetings as and when required.
- Identify and recommend appropriate department improvements to Director of Pensions, to improve company processes, systems and data accuracy. Once improvements are agreed then proceed to implement.
- Deliver presentations on company pension arrangements to employees and the HR Teams as when required.
- Carry out any additional duties within reason as and when required.

**What essential skills and experiences are required?**
- 1. Experience of working within an Occupational Pensions Department.

2. Knowledge of the provision and legislation of UK Pension Benefits.

3. Experience of a wide range of aspects of pension scheme administration and the calculation of benefits.

4. Ability to effectively communicate complex information and issues to non-specialists.

5. Ability to manage customer expectation and deliver great customer service.

6. Highly Analytical individual who has high attention to detail.

7. Able to build strong relationships with both key internal and external stakeholders

Desirable but not essential:
1. Appropriate pensions professional qualification

2. Excellent Communicator

3. Has a willingness to develop others.

Why Choose Us:
At Network Rail, you'll be part of a dynamic team that's shaping the future. Join us and be the driving force behind excellent pension services that empower our employees.

**Duration: Permanent, full-time opportunity (this role has been advertised externally)**

**Location: The Quadrant: Milton Keynes or London Waterloo. **For this location you will need to live within 75 minutes from the office location or be willing to relocate.

**Interviews: Interviews will be held W/c 11th September 2023 **(The date is dependent on business requirements)

**Band & Salary: Band 4C: £43,588 - £49,037per annum, **(dependent upon experience)** **Plus a range of family friendly benefits including (but not limited to):
“

**We’re delighted to have been named as one of**
**The Times Top 50 Employers for Gender Equality 2023**
**.”**

Generous annual leave (28 days plus statutory days), with the option to buy/sell days.

Defined benefit pension scheme

75% subsidy on train/underground season tickets.

️ Interest-free travel loan for train and car park season tickets.

Discounts at stations with your Network Rail pass.

Flexible/hybrid working arrangements.

️ Volunteer leave to make a positive impact.

Plus more.

What does our recruitment process look like? [remove/amend if not applicable]
- Once you have applied, our Recruitment Specialist will look at your CV.
- If your experience matches what we're looking for, you'll be invited to an interview /or complete a first interview using xxx a video interviewing platform, you can complete you

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