Pensions Administration Technical Lead

Pensions Administration Technical Lead (Insured Administration)

Senior Consultant grade
Belfast
Hybrid/Remote
Full Time
Permanent

XPS Pensions Group is a multi-award winning and leading independent pensions consulting and administration business. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.

Our Pensions Administration business continues to grow and we are now looking for an experienced Administration Technical Lead to join our vibrant Belfast office with hybrid or remote working. This is an exciting role and would most likely suit someone with extensive previous experience in a similar role where they have gained knowledge and experience of Buy-in, Buy-out and DB bulk annuity administration.

The Team
Our award-winning pensions administration business puts scheme members at the heart of everything we do. Our services include scheme administration, first-time outsourcing, member communications and scam protection.

The Role
As a Pensions Administration Technical Lead with XPS you will:

• Act as a referral point for more complex technical matters.
• Provide advice, support, and solve problems.
• Support Belfast, Edinburgh, and other locations on insured administration implementation and ongoing administration.
• Develop innovative solutions.
• Able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme.
• Have excellent interpersonal abilities, able to forge strong working relationships with colleagues and clients.
• Assist with system configuration and automated calculation updates.
• Assist with training in insured technical matters.
• Assist with reviewing the documentation and processes for insured administration.
• Meet regularly with Administration Managers and team members to establish areas of concern e.g. levels of complaints/errors, efficiencies already identified but not actioned, teams with loss of scheme knowledge, scheme changes, ad hoc projects, new clients etc. Plan resolution of any issues and assist with implementation.

Your profile

Essential Criteria

• Experience of schemes transitioning through buy-in, buy-out and through to day-to-day bulk annuity administration.
• Be able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme.
• Have previous pensions administration experience of Defined Benefit schemes including leavers, retirements, deaths, transfers, monthly processing and investment, benefit statements, renewals, scheme returns, and pension increases.
• Have thorough knowledge and experience of pensions legislation framework and demonstrable ability to remain informed of changes to the framework and implement change.
• Previous supervisory, leadership and management experience.

Desirable Criteria

• Ideally have experience of bulk annuity administration in a TPA environment and the associated FCA compliance and reporting requirements.

What we offer:
We offer an attractive reward package, typical benefits can include:

• Competitive salary
• Participation in annual discretionary Bonus Scheme
• 25 days holiday plus flexibility to buy or sell holiday
• Flexible Bank holidays
• Pension scheme, matching contribution structure
• Healthcare cash plan
• Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
• Life Assurance cover, four times basic salary
• XPS Rewards (offers High Street discounts and savings from retailers and services providers)
• Employee Assistance Programme for you and your household
• Access to a digital GP service
• Paid volunteering day when participating in Company organised events
• Staff referral scheme when you introduce a friend to XPS

The successful candidate will need to demonstrate the following requirements:

• Right to Work confirmation
• DBS Disclosure check
• Employment or educational references covering five years
• Satisfactory credit check

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.