Head of Pension Administration

3 months ago

London, United Kingdom Akton Recruitment Full time

**Job Title**: Head of Pensions Administration

**Location**: Sutton, Hybrid Working

**_Contract Duration_**_: 1 Year _

**_Pay:_**_ £600/Day_

We are seeking an experienced and motivated individual to join our team as the Head of Pensions Administration for a 1-year contract with a local authority in Sutton.

**Role Overview**: As the Head of Pensions Administration, you will be accountable for the year-on-year delivery of specific service areas, overseeing a shared pensions administration team with a budget of approximately £1 million. This is a "front line" service delivery role with significant responsibility, including managing devolved budgets and resources, delivering effective services, and ensuring compliance with statutory obligations.

**Key Responsibilities**:

- Provide professional expertise to support the development and implementation of operational plans.
- Lead the operational delivery of services, ensuring outcomes align with quality and cost targets.
- Manage programs and projects, ensuring they meet standards of cost and time.
- Identify opportunities for continuous improvement in operations, including changes to business processes.
- Develop, motivate, and set performance objectives for a team of staff.
- Manage devolved budgets and resources to demonstrate value for money.

**Budgetary Accountabilities**:

- Administration of Sutton and Kingston LGPS with annual pension payments in excess of £61 million.
- Managing and monitoring the shared pensions administration team revenue budget of circa £1 million.

**Specific Accountabilities**:

- Provide leadership to all members of the shared Pension Team.
- Deliver an effective and efficient service to internal and external customers.
- Manage LGPS projects, including the McCloud remedy implementation and GMP rectification.
- Provide direct line management of the Pensions team Data and Systems Manager, Benefits Processing Manager, and Employers and Governance lead.
- Ensure accurate and timely completion of government returns and other data requirements.

**Person Specification**:

- Experience of managing an LGPS Pension Administration Team.
- Effective communication skills with a wide range of stakeholders.
- Leadership and team motivation skills with a focus on performance management.
- Experience in providing training, advice, and support to staff and stakeholders.
- In-depth knowledge of the Local Government Pensions Scheme, Pensions Scheme Regulator, and pensions good practice.
- Ability to manage income and expenditure with high limits of authority.
- Familiarity with current LGPS issues and legislation, including the McCloud judgment and GMP Rectification.

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