Pensions Administration Leadership Expert

5 days ago


Middlesbrough, Middlesbrough, United Kingdom XPS Pensions Group Full time

XPS Pensions Group is a leading UK consulting and administration business specializing in the pensions and insurance sectors.

Role Overview

This is an exciting opportunity to join our vibrant office with hybrid working as a Deputy Pensions Administration Manager. The successful candidate will have previous experience in a similar Senior Pensions Administrator role, with extensive knowledge of defined benefit pensions schemes and people management skills.

Job Description

We are looking for a highly skilled individual to oversee the management of annual and ad-hoc projects for all schemes on the team. This includes renewals, benefit statements, pension increases, life styling, trustees' reports and accounts. Ensuring projects are fully monitored and completed in line with customer and legislation requirements.

Main Responsibilities
  • Monitor accuracy, performance, and SLAs for the team, including activity and client performances, and take action to ensure targets are met.
  • Liaise with Administration Manager regarding appraisals and regular catch-up meetings.
  • Conduct some appraisals and catch-up meetings, including regular mentoring meetings with staff on probation.
  • Attend and actively contribute ideas to deputy administration manager meetings.
  • Help identify any training needs across the team and assist with developing and mentoring team members.
Requirements

The ideal candidate will have:

  • Previous pensions administration experience of Defined Benefit (DB) schemes, including leavers, retirements, deaths, transfers in, transfers out, monthly processing and investment, benefit statements, renewals and pension increases.
  • Experience of current pensions legislation and framework, especially the regulatory requirements of the various Pensions and Finance Acts which impact on pensions administration.
  • Previous supervisory or workflow management experience, ideally including performance monitoring, appraisals, recruitment etc.
  • Able to demonstrate a numerical aptitude evidenced by work-related experience or academic achievements.
What We Offer

XPS Pensions Group offers a competitive salary of £60,000 - £80,000 per annum, depending on experience. Additionally, you will be eligible for participation in our annual discretionary Bonus Scheme, 25 days holiday plus flexibility to buy or sell holiday, flexible Bank holidays, pension scheme with matching contribution structure, healthcare cash plan, and Flexible Benefits Scheme to support you in and out of work.



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