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Pensions Administration Technical Lead
3 months ago
**Contractual hours**
36.25
**Basis**
Full time
**Date posted**
30/05/2024
**Job reference**
REQ002284
**Pensions Administration Technical Lead**:
**Administration Technical Lead (Insured Administration)**
**Senior Consultant grade**
**Belfast**
**Hybrid/Remote**
**Full Time**
**Permanent**
**XPS Pensions Group is a multi-award winning and leading independent pensions consulting and administration business. At XPS, our vision is to create a vibrant place to work where difference **is recognised **as a strength **and where talented people can flourish and achieve their highest potential.**
Our Pensions Administration business continues to grow and we are now looking for an experience Administration Tehnical Lead to join our vibrant Belfast office with hybrid working, or remote working. This is an exciting role and would most likely suit someone with extensive previous experience in a similar role where they have gained knowledge and experience of Buy-in, Buy-out and DB bulk annuity administration.
XPS is the only UK pensions specialist listed on the London Stock Exchange Main Market and we have the scale and flexibility to think and act differently. We are a multi-award-winning Pensions Consultancy with over 1 million member pension schemes administered and 1800 staff in locations across the UK. We advise on all things workplace pensions related. We help trustees and employers run pension schemes for the benefit of both current and former employees and we support scheme members in a way that is relevant, innovative and easily digestible.
Our people drive our success and as an XPS employee you can bring your whole self to work - Everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It’s about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they’re happy. Above all, it’s about ensuring everyone has a voice and feels valued. Because they are.
**The Team**
Our award-winning pensions administration business puts scheme members at the heart of everything we do. Our services include scheme administration, first-time outsourcing, member communications and scam protection.
**The Role**
As a Pesions Administration Technical Lead with XPS you will:
Act as a referral point for more complex technical matters.
- Provide advice, support, and solve problems.
- Support Belfast, Edinburgh, and other locations on insured administration implementation and ongoing administration.
- Develop innovative solutions.
- 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 profile**
**Essential Criteria**
- Experience of schemes transitioning through buy-in, buy-out and through to day-to-day bulk annuity administration
- 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.
**What we offer**:
Find out more about **Life at XPS**
Find out more about **Our People Approach**
**We offer an attractive reward package, typical benefits can include**:
- Competitive salary
- Participation in annual discretionary Bonus Scheme
- 25 days holiday plus flexibility to buy or sell holiday
- Flexible Bank holidays
- Pension scheme, matching contribution structure
- Healthcare cash plan
- Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
