Defined Benefit Operations Expert

1 week ago

Reigate, Surrey, United Kingdom Just Group Full time

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 our team, you will provide technical support, guidance, and training to our DB Administration team.

Key Responsibilities:

  • Provide technical support and guidance to the DB Member Services team.
  • Ensure the DB Senior Leadership Team and affected teams are up to date about specific technical and legislative issues relevant to DB de-risking.
  • Identify risks and administrative requirements presented by existing and proposed DB related legislation and regulations.
  • Review process guides and maps to ensure they meet legislative and regulatory requirements.
  • 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 an equal opportunities employer and welcome applications from diverse candidates. We have a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+.

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