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Pensions Team Lead
2 months ago
About the Role
Forth Ports Limited is seeking an experienced Pensions Team Lead to join our team based in Grangemouth. This pivotal role ensures a full pro-active, professional, and confidential pensions advisory service is provided to our employees.
As Pensions Team Lead, you will be responsible for supervising two Pensions Administrators and offering direct support to the Pensions, Risk & Insurance Manager in the day-to-day running of the team. Key responsibilities include:
- Overseeing complex pension administration tasks, ensuring all records are maintained and updated on the Mantle system.
- Managing the process for member events, including retirements, deaths, early leavers, transfers out, and illustrative quotations.
- Ensuring Defined Benefit member data is accurate to meet statutory obligations, including Triennial Valuation and Actuarial Reporting and IAS19 Accountancy disclosures.
- Ensuring DB and DC member data is accurate to meet Group Life data requirements and monthly contribution audits.
- Overseeing the preparation of the monthly pension payroll.
- Supporting the team with complex pension queries and offering coaching and training.
- Arranging for annual tasks to be completed within agreed timescales, including member benefit statements, annual pension increases, and circulation of P60s.
- Closing liaison with the Group Pensions, Risk & Insurance Manager to meet member, Trustee, and legal requirements.
What We're Looking For
We're seeking an experienced candidate with a strong background in a similar level position or who is ready to take the next step up in their career. Additionally, we're looking for someone with:
- Strong experience of working with different occupational pension schemes, with DB being essential.
- Minimum 5 years' experience of working within a similar role, with DB knowledge being key.
- Experience of working at Senior Administrator/Supervisor level would be ideal.
- Previous experience of working with Mantle Pensions system is advantageous but not essential.
- Excellent numeracy and IT skills, including Excel/MS suite.
- A great communicator, both within the team and to wider stakeholders.
- Ability to prioritise a busy workload, meet deadlines, and disclosure requirements.
What We Offer
At Forth Ports Limited, our people are hugely important to us, and creating a flexible, open, and friendly working culture is something we're very proud of. In fact, our average employee tenure exceeds 10 years. In addition to a competitive salary, we also offer:
- Annual salary review.
- A great defined contribution pension scheme.
- Life Assurance.
- Employee Assistance Programme (EAP) for employees and their family.
- A generous annual leave entitlement.
- Cycle to work scheme.
- Attractive Family Friendly Policies.
- On-site free parking.
- Employee discount platform offering discounts on UK-wide restaurants, car rentals, and holidays.
- GymFlex health club memberships.
We value our people and our reputation and know that having a diverse and robust workforce enables us to look for answers. We are an equal opportunities employer, and we will consider all applications for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, national origin, or disability status.
