Senior Pensions Project Manager

Hays IFS
£50000 - £60000/annum
20 May 2017
19 Jun 2017
Contract Type
Full Time
A Pensions Project Manager in Brighton for up to £60K

A new permanent job opportunity has arisen for a Senior Pensions Project Manager within this leading financial services private sector business in the Brighton area of East Sussex.

The jobholder will be challenged with developing a 'scheme specific' implementation plan for a portfolio of transactions and provide to all Trustees, their advisers and to all interested parties within appropriate documentation demonstrating how the implementation project is being managed.

Establish and maintain the correct structures to control and monitor the progress against the plan and to feedback and manage any issues with the client so as to install the scheme in the most efficient and timely manner.

Work closely with the Pensions Risk Transfer (PRT) Business Development function where required to assist in maximising new business opportunities at tender, beauty parade and site visit stages and with production of opportunity specific project documentation and marketing material.

Work closely with the PRT Business Development function , overseeing all aspects of the implementation process, establishing and managing work streams if required, and ensuring all milestones within the project plan are achieved in a way that takes into account the fair treatment of all customers.

Takes responsibility for liaising with trustees, brokers and administrators, agreeing with them a timescale and process for verifying data to ensure that benefits are costed accurately and reflect the legal liabilities being taken on by the business.

Establish and monitor actions against the agreed timetable and put remedial actions in place as and when required including communicating and agreeing a revised timetable with the trustees.

Undertake a Post Implementation Review for each scheme, meeting with or reporting to the Trustees and their advisers and administrators as appropriate. The PIR will be presented to all interested parties internally, in a timely manner.

Maintain an excellent knowledge of the Pension Risk Transfer proposition and processes along with any changes of pensions and de-risking legislation.

Support the development of Pension Risk Transfer Implementation capability across all future active territories and UK business structures.

Keep relevant PRT implementation MI up-to-date and provide to management team as appropriate and in a timely manner.
- Skills Required
- Qualifications:
- Prince 2 practitioner
- PMI Qualification (modules as appropriate)

Skills & Knowledge:

- Demonstrable experience in administering and on-boarding defined benefit pension schemes.
- In depth understanding of buy-out, buy in and an understanding of longevity insurance and reinsurance products and propositions.
- Good problem solving and analytical and financial skills; ability to understand high volumes of customer data.
- Knowledge of pensions regulations for DB schemes, including a detailed understanding of the requirements for schemes in the course of wind-up, and the interaction with PPF and FAS.
- A thorough understanding of the systems and processes CSS uses in order that the business is able to meet its annuity commitments. This includes processes around data/benefit input, FR reconciliation, inception costings, administration processes etc.
- Track record of building effective relationships in complex environments
- Proven background in adapting to trends and openness to new ideas
- Strong organisational and change management skills and attention to detail, with a demonstrated ability to prioritise and work independently, managing a high-volume of tasks and deadlines.
- Excellent interpersonal skills with the ability to successfully engage and influence a broad range of individuals across various businesses and key support functions.

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