DC Manager

Railpen; Darlington; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Defined Contributions Manager to lead a dedicated pensions team. This role involves ensuring compliance with pension legislation and managing scheme events to deliver exceptional customer service. The ideal candidate will possess extensive knowledge of DC pensions and master trust governance, with a collaborative spirit to foster team development. The company offers a competitive salary, generous benefits, and a commitment to work-life balance, making it an exciting opportunity for those passionate about the pension industry and team leadership.

Benefits

28 days annual leave plus bank holidays

Generous annual bonus plan

Private Medical Insurance

Employee assistance programme

Health cash plan

Paid volunteering days

Flexible half days leave

Electric vehicle leasing

Cycle to work scheme

12 months full pay maternity leave

Qualifications

• Experience in the pension industry with a focus on DC pensions.
• Ability to manage and develop a team effectively.

Responsibilities

• Lead a dedicated DC pensions team ensuring compliance with legislation.
• Manage all DC scheme events and projects for customer satisfaction.

Skills

Knowledge of DC pensions

Master trust rules and governance

Line management experience

Collaborative approach

Coaching and mentoring

Job description

We are currently looking for a Defined Contributions (DC) Manager to join the Rail Administration team in Darlington on a permanent basis.

Who we are

Railpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK's largest and longest established pension funds.

Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.

Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our relationships with others. They’re what we stand for. You will actively demonstrate our values, helping to create a safe environment, to place the needs of the community above oneself and, through a culture of ‘fair challenge’, align to the best interests of our members.

To learn more about Railpen including our values, culture and purpose, visit our LinkedIn Life page here .

The role

As the DC Manager you will be required to develop and lead a dedicated DC pensions team, ensuring the team complies with internal procedures, all aspects of pension’s legislations and regulations including master trust rules. This role will also be responsible for managing all DC scheme events and projects, ensuring that the team adheres to service and quality standards to allow for agreed business objectives to be delivered and a first class customer experience to be provided.

This role is not eligible for visa sponsorship. Applicants must have the legal right to work in the UK.

The person

We are looking for someone who has worked within the Pension industry and has extensive knowledge of DC pensions and master trust rules and governance. You will look to support team members to achieve high performance standards and provide effective development and learning opportunities and overall ensure pensions are calculated and paid correctly. Previous line management experience would be a distinct advantage but not essential.

The ideal candidate will be able to take a collaborative approach and has a passion for building strong working relationships, both internally and externally. You will be keen to help evolve the team by sharing best practice and support the development of your team through coaching and mentoring. You will be well versed in working to tight deadlines and able to switch resource and priorities at sometimes short notice.

What we can offer you

Rewarding you

• A competitive salary (depending on experience)

• 28 days annual leave plus bank holidays

• Generous annual bonus plan

• We provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay

• 4x Life Assurance cover

• Colleague referral scheme

Health & Wellbeing

• Private Medical Insurance

• Employee assistance programme

• Health cash plan

• Eye care vouchers

• Flu vaccination

Lifestyle

• We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave

• Buy and sell holidays

• Give as you earn scheme

• Paid volunteering days

• Flexible half days leave

• Electric vehicle leasing

• Cycle to work scheme

Next Steps

Please apply for the apply button or visit Careers Page by 5pm on 16th April 2025.

Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.