Pensions Consultant

Focus Resourcing; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading recruitment firm in London is seeking a Senior Pensions Consultant to provide expert support in managing trust-based company pension schemes. The ideal candidate will have solid experience in the pensions industry, strong organizational skills, and the ability to train and develop team members. This position offers a competitive salary, discretionary bonus, and a comprehensive benefits package including holiday options and healthcare.

Benefits

Competitive salary + discretionary bonus

25 days' holiday (buy/sell options)

Pension matching

Life assurance & healthcare

Flexible benefits and discounts

Qualifications

• Previous experience within a similar role dealing with DB schemes.
• Experience within the pensions industry.
• Ability to manage and develop administrative processes.

Responsibilities

• Train and assist team members.
• Calculate and pay scheme benefits accurately.
• Liaise with various stakeholders including clients and actuaries.

Skills

Experience with DB schemes

Organised and methodical

Ability to manage and develop processes

Excellent communication skills

Education

Willingness to study for relevant pensions qualification

Job description

Overview

Nearest tube: Charing Cross. We\'re looking for a Senior Pensions Consultant to join our client\'s growing team in London. You\'ll support the smooth running of a wide range of trust-based company pension schemes, including defined benefit, defined contribution, career average revalued earnings, and hybrid schemes.

Benefits

• Competitive salary + discretionary bonus
• 25 days\' holiday (buy/sell options)
• Pension matching, life assurance & healthcare
• Flexible benefits, discounts & digital GP service
• Paid volunteering days & community opportunities

Responsibilities

• Training of other team members
• Assisting less experienced team members
• Checking and authorising other team members\' work
• Meeting deadlines
• Calculation and payment of scheme benefits in accordance with the Rules
• Maintenance of membership records and other documentation
• Understanding and application of benefit structures, Trust Deed & Rules, current pensions legislation, PSO and Disclosure requirements
• Project work as directed by Team Leader or Manager
• Liaison with Client, Scheme Actuary, Consultants, Providers, Pension Payroll Members and third parties
• Provision of technical information both verbally and in writing
• Compliance with ISO and AAF accreditations
• Completing updates to the database to ensure that records are accurately maintained
• Dealing confidently with member enquiries by phone, email, and letter

Qualifications

• Previous experience within a similar role dealing with DB schemes
• Experience within the pensions\' industry
• Able to demonstrate ownership, responsibility, and accountability for self
• Be organised, methodical and logical in approach to delegated responsibilities
• Able to develop administrators and administrative processes
• Studying for or a willingness to study for a relevant pension\'s qualification e.g. CPC/QPA/DPC/RPC/APMI