Pension Administration Lead

Essential Employment

England

On-site

GBP 37,000 - 50,000

Full time

9 days ago

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Job summary

Essential Employment seeks a Pension Administration Lead in Wiltshire to oversee pension administration operations, manage risk for the Wiltshire Pension Fund, and provide strategic guidance to a network of 175 employers including local authorities, charities and academies.

You will liaise with employers on budget delivery and redundancy models, coordinate actuarial valuations and Internal Dispute Resolution Procedures, and report to the Head of Wiltshire Pension Fund as a proactive adviser on

Responsibilities

  • Manage operational risk for clients and 175 employers.
  • Liaise with employers on budget delivery and redundancy delivery models.
  • Advise on Internal Dispute Resolution Procedures (IDRPs) or actuarial valuations.

Job description

Pension Administration Lead needed in Wiltshire, £237.52 per day PAYE - Reference: 5308304

The post will be a professional role and require managing operational risk to the client and other employers (ranging from Swindon BC to Housing Associations, charities, outsourced companies, colleges and Academies). This will include regular liaison and advice to employers on options to manage within their budgets, that could include advice on models of delivery of redundancy plans to support business case decision making. This will also require dealing with admissions and cessations of these organisations which will have a significant financial planning impact across all 175 employers from local authorities like Wiltshire & Swindon Client, to charities such as Salisbury
Museum, and national bodies like CIPFA. A 1% change in valuation will cost over £1m per annum; whilst employers looking to exit the Fund can face the management of exit debts ranging from £100k to in excess of £40m.

The post will report to the Head of Wiltshire Pension Fund, the post holder will be working proactively to give direct advice to other public bodies; co-ordinating professional pension fund advisors views on matters sought such as Internal Dispute Resolution Procedures (IDRPs) or actuarial valuations of assets and liabilities and the ongoing viability of the Fund; and influencing members fund options.

This is afull time role onTemporary Contract basis.

Essential Employment is an Equal Opportunities Employer.

All our roles may be subject to pre-employment checks including references so please beprepared.

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