Description:
Remote working opportunities with occasional office visits to an XPS office for team building - location and frequency to be discussed at interview.
Our teams of pension administrators provide services to a wide range of trust-based company pension schemes, including defined benefit, defined contribution, career average revalued earnings, and hybrid schemes.
Our APT (Administration Project Team) Undertakes Projects Such As
- GMP Rectification & Equalisation
- Buy-In/Buy-Out related De-Risking
- Data cleansing
- Ad hoc projects such as scheme closures, benefit rectifications and liability reduction exercises
Key Responsibilities As a Consultant within the De-Risking (RST) team, your areas of responsibility will include:
- Performing the role of Scheme Lead. This involves maintaining overall responsibility for the completion of all data related items in respect of a De-Risking (Buy-In/Buy-Out) project.
- The attendance of meetings with relevant stakeholders to discuss & plan relevant tasks (internally & externally). This includes taking a leading role in these discussions to ensure any plan is effective/efficient and that guidance/advice is provided.
- The delivery of tasks in line with agreed deadlines and communication with all relevant stakeholders.
- The management of resource assigned for the completion of tasks. This includes planning, developing and providing feedback to resource within the team.
- The planning, reviewing & authorisation of tasks alongside assigned resource.
Specific Tasks Required
- Involvement and input into regular project management meetings. This involves acting as the main point of contact for the De-Risking (RST) Team to ensure the interests of the team are represented.
- Review and query Benefit Specifications provided for the purpose of a De-Risking project alongside scheme data.
- Extract, interpret, analyse and process data from several sources (i.e. administration systems, calculated benefits, GMPE results, etc.).
- Undertake bulk manual calculations such as CSP Calculations, Benefit Rectification & Benefit Audits.
- Set up and lead “Kick off” calls with all relevant parties to discuss the reason for the task, the process to be followed (standard or non-standard) and any expected issues that may occur along with potential resolutions.
- Monitor the overall process of the De-Risking project alongside the individual tasks, both from a scope and budget perspective. Ensuring that relevant stakeholders are contacted prior to any change in scope or to highlight additional costs at the earliest opportunity.
- Lead the planning process for tasks alongside assigned resource, review work undertaken following completion and provide authorisation that the completed task is fit/suitable for purpose.
- Provide ad-hoc/on the job training to assigned resource where required.
- Ensure all projects/tasks are completed in an auditable manner including the provision of feedback to allocated resource where processes/best practice has not been followed.
- Provide regular updates to the team manager and relevant stakeholders during scheduled meetings and on an ad-hoc basis.
- Due to the changing nature of the business, the job holder may from time to time be required to undertake other activities of a similar nature that fall within their capabilities. Occasional travel will be required.