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Pensions Technical Specialist
2 months ago
About the Role:
We are seeking a highly skilled Pensions Technical Specialist to join our Defined Benefit Operations Team at Just Group. As a key member of the team, you will provide technical support, guidance, and training to the DB Administration team.
Key Responsibilities:
- Provide technical support and guidance to the DB Member Services team.
- Ensure DB Senior Leadership Team and affected teams are up to date about specific technical and legislative issues relevant to DB de-risking by way of research, analysis, and liaison with industry bodies.
- Identify risks and administrative requirements presented by existing and proposed DB related legislation and regulations.
- Review process guides and maps to ensure that they meet legislative and regulatory requirements, ensuring they adhere to the TCF, Conduct, and vulnerable customer principles.
- DB policy administration as required, working with the Third-Party Administration team, including providing technical guidance on member queries, DSAR's, and complaints.
- Support the DB Operations team and wider DB Team with various tasks associated with client requirements, administration, reporting, MI, payments, and data validation.
- Support DB Implementation Services and the Business Development teams with any ad-hoc technical matters and queries.
Requirements:
- Strong technical understanding of DB Pensions; its legislation, taxation, and regulatory framework.
- Experience of working alongside or for a TPA administering DB Pensions or BPA products.
- Good understanding of DB de-risking administration requirements and how they differ from standard pensions administration.
- Training individuals and groups of people.
- Clear focus on quality, service, and results.
- Good Microsoft office skills particularly Outlook, Excel, Word, PowerPoint, and Teams.
- Flexible approach with the ability to work as part of a team in a fast-moving environment.
- Several years' experience working in the Pensions Industry.
- Previous experience of working for a DB Pensions De-Risking company beneficial.
- Extensive knowledge and experience of DB calculation routines.
- Previous project team experience, especially related to pension scheme activities.
About Us:
Just Group is a FTSE 250 Financial Services company that specialises in retirement solutions. We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025.
We are a diverse and inclusive employer, with a strong commitment to Diversity, Equity and inclusion (DE&I). We run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.
