Senior Pensions Aministration Services Manager
2 days ago
DB Pensions Administration Services Senior Manager - Pensions – London
Our client is a dynamic early stage DB pensions organisation reinventing the DB market. With start up energy and PE Backed, they are on a pivotal part of their growth journey, defining a new era in defined benefit pension consolidation. Already award-winning they are looking to bring in ground floor leadership to lead the growth potential for the business
As such, they seek an accomplished Senior Pensions Administration Services Manager, with deep operational ability in DB / Defined Benefit Pensions Administration, to lead their Third Party Administration partners service delivery and set the bar for governance, service and controls for excellence in Member-First Pensions management.
Key Responsibilities
Trustee Relationship
- Develop and nurture strong relationships with the Trustee, acting as primary point of contact for all pension administration matters
- Understand the trustee and their needs, anticipate requirements and drive tailored solutions to meet their specific goals and objectives.
Pension Scheme Administration
- Oversee the delivery of Third Paty Administration and servicing of pension schemes
- Provide accurate and timely processing of pension related transactions, calculations, and documentation.
- Conduct periodic reviews of TPA’s system and processes
- Collaborate and strategise with internal teams to address client queries, resolve complex issues and deliver guidance on pension legislation.
- Conduct regular audits to ensure data accuracy, compliance, and ensure delivery of service level agreements.
Business Development
- Identify opportunities of growth within TPA market, presenting innovative solutions and services to enhance the Trustee’s satisfaction.
- collaborate with sales teams to prepare proposals, presentations, contract renewals, showcasing the value proposition and competitive advantages of our pension administration services.
Key Requirements
Industry Knowledge
- In depth understanding of DB Pensions Administration and Operations and how TPA’s operate
- Experience in vendor assessment and alignment of services
- Skilled in interpreting disclosure markets and operational requirements
Member-Focused Approach
- A member-first mentality to ensure alignment with business ethos
- Ability to improve member communication and engagement strategies
- Understanding of how to survey and assess member satisfaction
Governance and Regulatory Compliance
- Strong background in governance, working under regulator supervision.
- Proven ability to ensure services meet stringent governance requirements
Dynamic, Strategic, and Hand-On
- Startup energy and a hard work ethic, with ability to roll up sleeves.
- Strategic focus with the capacity to execute and deliver whole-part services.
- Experience building and managing teams in a transformative environment.
This role is highly visible, and critical as a platform upon which our client will be building their unique business. It offers exceptional opportunities for progression in a market that is set to accelerate dramatically.
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