The Pensions Specialist will be an expert in the operation of pension schemes and management of schemes particularly in a public sector context. You will provide expertise to the organisation on legislative and compliance requirements in the area of pensions. You are expected to contribute as part of the HR team to the achievement of the overall HR Department Business Plan
Main Duties & Responsibilities:
- Provide advice and guidance to staff and retirees
- Be responsible for delivery of high quality, accurate and timely information to new, existing and former staff members, retirees or bereaved family members in relation to their pension entitlements to include:
- Retirement benefits, e.g. one to one meetings, preparation of benefit statements, employment history checks, transferring service and processing benefit payments
- Processing normal retirement, cost neutral, ill health and early retirements
- Death in Service benefits
- Family Law benefits and PAO requirements
- Notional Service Scheme
- Transferring previous benefits/reckoning previous service
- Administration of Annual Pensions Declaration forms
- Annual Pension Statements, leavers and refunds
- Support the development of technology solutions to ensure compliance
- Review systems policies and procedures on an ongoing basis to deliver a quality pension service.
- Review, seek clarification and advise on complex pension queries.
- Drive a collaborative approach, with the HR Recruitment and Finance Payroll Teams to establish robust pension processes and practices.
- Create and maintain databases and filing systems as required
- Monitor and check day to day pension payments and ensure their accuracy and adherence to relevant pension schemes and other arrangements at all times.
- In conjunction with the HR Manager & Business Partner:
- Assist with the compilation of all reporting requirements including audit requirements in the administration of pensions including, pension increases/decreases, FRS17 and any changes resulting from FEMPI, Pension Aggregation, Pension Abatement, etc.
- Assist with the interpretation, analysis and implementation of new pensions legislation and or government policy circulars
- Assist in the annual budgeting and forecasting process for the pensions
- Manage the provision of pension services by external service providers
- Perform regular reviews of Voluntary Group Schemes and drive improvements
- Participate in committees and pensions forums as appropriate
- Actively participate in the annual business planning, risk management and Performance Management and Development System (PMDS) processes
- Any other duties or role as may be assigned from time to time
- An understanding of the public sector and, in particular, Public Sector Pension Schemes and legislation.
- Track record in delivering services to large client volumes.
- Results oriented with strong attention to detail.
- Effective communication skills with a strong ability to consult and collaborate in a clear, concise and persuasive manner at all levels across the organisation.
- Analytical and problem-solving skills with an ability to organize information and processes in keeping with requirements.
- Strong proficiency in the use of MS Office, Word, Excel, Powerpoint and Outlook.
- Proficient in the use of Core People XD/ Core Pensions Model or similar programme
- Excellent administration, organisational Project Management, and time management skills.
Please email your CV to be considered for this role.
INDCLA
INDCLA
