Pensions Technician

XPS Pensions Group
Marton-In-Cleveland, UK
Closing date
2 Oct 2020

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Contract Type
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We are currently recruiting for a Pensions Technician to join the Administration Service Group in the Middlesbrough office. They will play a key role in delivering the technical support across all functions within this busy unit which deals with Public Sector Pension Schemes.

Key responsibilities & accountabilities
  • Build and maintain good relationships with clients
  • Liaison with Actuaries and Benefit Consultants on legislative matters.
  • Act as a focal point for all technical queries
    • Ensure compliance with scheme rules, industry regulations and pensions legislation
    • Provide expert advice and guidance
    • Assess complex technical pension issues and provide specialist expertise to team members and clients
    • Contribute to the design and development of new approaches and solutions in line with business and/or client needs
    • Establishes and maintain process for managing and administering sufficient quality controls
    • Apply and revise as required process to ensure continued accuracy and quality of calculations and external communications
    • Provide expert guidance and coaching to team members
    • Ad-hoc activities as determined by the business.
  • Design and presentation of training seminars and programmes to scheme members, pension's administration staff or employer's staff as required.
  • Production of office procedures documentation, training manuals and other documentation as required.
  • Attendance at various user groups as a representative of the company where required.
  • Liaison with system suppliers and other relevant organisations.
  • Raise the profile of XPS Administration in the Public Sector by contributing to local and national forums and debates.

Job Requirements

Qualifications & Experience
  • Preferably educated at least to 'A' level standard
  • Successfully progressing CPC/DPC/RPC/APMI (or applicants deemed 'qualified by experience' would be considered).
  • Direct, relevant experience of the Pensions Industry.
  • Previous pensions administration experience of Defined Benefit (DB) schemes.
  • Advantageous to have experience of administering at least one of the following pension schemes: Police Pension Scheme, Firefighters Pension Scheme, and/or Local Government Pension Scheme

Skills & Knowledge
  • Good interpersonal skills
  • Good written and communication skills
  • Strong organisational, planning and prioritisation skills
  • Desire to improve standards and develop new procedures and working practices
  • Good commercial financial awareness
  • A consultative approach to the management of change
  • Must be able to understand and comment on complex legislation
  • Solid awareness of scheme rules, industry regulations, current pensions legislation and how these impact on the business and its systems
  • Previous experience in a pensions/financial services environment
  • Experience of dealing with external clients
  • Enthusiastic, positive, flexible approach to work and be a team player.

XPS Pensions Group is an equal opportunities employer and positively encourages application from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief.
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