Senior Pensions Consultant
1 week ago
Job Type: Permanent
Location: Darlington
We are seeking a highly skilled Senior Pensions Consultant to join our team at Tata Consultancy Services. As a key member of our team, you will work on policy and technical management of large transition and transformation programs with a key client in the UK.
Key Responsibilities:- Work closely with external business partners and consultants to test and validate calculation specifications and calculators, based on a range of test scenarios, to provide evidence of compliance with scheme rules and regulations and highlight areas of technical complexity to recommend full automation or manual calculation specifications.
- Understand and analyze the functional or business inputs on the Pension Scheme processes to support workshops, produce specifications and build operations manuals using the relevant tools.
- Work closely with key stakeholders and focus groups (Members, Employers, Unions) during and after transition to report progress, take feedback and consider improvements on the development of the proposition, highlighting any areas of concern or potential enhancements for internal resolution/implementation.
- Collaborate with industry experts to interpret scheme rules, emerging regulatory change and legal rulings to assess impact to the Pension Scheme and develop solutions and recommendations to support potential policy change decisions and considerations.
- Communicate with, take feedback from and present solutions to stakeholder groups and deliver a fully compliant and effective administration solution with a focus on continuous improvement.
- Specialisation in UK Public and Private Sector Defined Benefits Schemes.
- Experience in interpreting and implementing pension scheme changes impacting people, systems and clients.
- Experience of delivering business processes and system changes to meet regulatory updates and rule changes.
- Policy and technical inputs for benefit structure and regulatory changes in pensions.
- Implementation of administration solutions in Pensions.
- Good knowledge of MS Office suite.
- Understanding of relevant Pension benefit structure/s to support the Program team with clarifications as well as input.
- Understanding of Scheme Outputs and Reporting requirements, Process Diagrams and Pensions data in varying formats.
- Ability to support the Transformation Program by working closely with Technical, IT Development and Digital solution teams to complete the gap analysis using Agile methodologies.
- Ability to support various workstreams to estimate the effort for the gaps in the solution and drawing up a pragmatic schedule to deliver them in line with transformation plan.
- Agile Methodology.
- Relevant Management Tools and Project Management software options.
- Certification in Business Analysis from leading institutes.
- Degree or Certificate in UK Life and Pensions Business.
Diversity, Inclusion & Wellbeing At Tata Consultancy Services, we believe in building and sustaining a culture of equity and belonging where everyone can thrive. Our diversity motto is 'Inclusion without Exception'. You'll find a welcoming culture and many internal volunteering and social networks to join. Our diversity, inclusion and social activities involve 12 employee networks including LGBTQ+ & Allies, mental health, disability & neurodiversity inclusion and many more, as well as health & wellness initiatives and sports events (we even sponsor the London Marathon). We are open to all and treat applications equally, regardless of ethnicity, disability, gender identity, gender reassignment, age, sexual orientation, or beliefs. If you are an applicant who needs a reasonable accommodation due to Disability or Neurodiverse Condition to complete an employment application, or during any phase of the hiring process, please contact us at with the subject line: "Reasonable Accommodation Request".
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Darlington, Darlington, United Kingdom Tata Consultancy Services Full timeAbout the RoleWe are seeking a highly skilled Senior Pensions Consultant to join our team at Tata Consultancy Services. As a Senior Pensions Consultant, you will play a key role in the technical management of large transition and transformation programs with a key client in the UK.Key ResponsibilitiesWork closely with external business partners and...
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