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Pensions Operations Lead

2 months ago

Solihull, Solihull, United Kingdom Pontoon Solutions Full time
Job Overview

Position: Pensions Operations Lead

Reporting Structure: Reports to Payroll Directors

Focus: Primarily UK-based operations.

Contract Type: Permanent

In this leadership position, you will oversee the successful implementation of Pensions Policy, Support Strategy, and Administration within Pontoon Solutions in the UK. Your key responsibilities will encompass:

Core Objectives of the Role:

Strategic Oversight: Take ownership of Pension Delivery while supervising the pensions teams, ensuring the effective utilization of our internal ticketing systems to enhance operational efficiency.

Regulatory Compliance: Assist the organization in delivering compliant pension solutions for both new and existing business, including various public sector pension schemes, as we broaden our service offerings.

Committee Engagement: Actively engage in relevant pensions subcommittees, representing the organization in discussions related to pension schemes and arrangements.

Retirement Calculations: Execute retirement-related calculations, estimates, and periodic submissions for schemes where the organization is expected to fulfill or participate in that function.

Management of Death in Service: Play a pivotal role in overseeing Death in Service for employees by coordinating with the master trust provider and insurers, as directed by the Group Reward team.

Expert Guidance: Provide specialized support to People Services teams, advising on intricate pension inquiries and changes, while seeking guidance from the Pensions Manager or Group Reward when necessary.

Operational Enhancements: Propel operational advancements by identifying and defining enhancements, supporting changes to elevate our colleagues' experience and understanding of pensions.

Collaboration with Group Director of Pension: Work closely with the Group Director of Pension to align strategies, share insights, and ensure the smooth execution of pension-related initiatives across the organization.

  • Demonstrated experience in a specialized pension role.
  • Familiarity with Auto Enrolment and public sector pension schemes.
  • Proficient in core IT applications, particularly MS Word, Excel, PowerPoint, and OneNote.
  • Strong interpersonal and communication abilities.
  • Understanding of defined benefit pension calculations.
  • Highly organized with exceptional attention to detail.
  • Self-driven and capable of working independently as well as collaboratively.
  • Professional qualifications relevant to pensions are highly advantageous.

Your strategic insight and managerial capabilities will be crucial in nurturing a high-performing team and delivering outstanding pension services across Pontoon Solutions in the UK. You will serve as a Subject Matter Expert within the Payroll/Pensions team regarding public sector pension matters.

Additional Information

  • Flexible work location options available.
  • Occasional travel may be necessary for training or meetings.

Pontoon Solutions is committed to fostering an inclusive and accessible recruitment process, supporting candidates from diverse backgrounds and abilities. We are dedicated to creating a supportive environment for you to explore your career opportunities.