Pensions Team Lead

Forth Ports Limited; Grangemouth; On-site; GBP 40,000 - 60,000; Full time

Job summary

Forth Ports Limited is seeking a Pensions Team Lead for their Grangemouth office. This pivotal role involves overseeing pension administration, ensuring compliance, and leading a small team. The ideal candidate will have extensive experience in pension schemes, particularly Defined Benefits, and will thrive in a supportive and collaborative environment.

Benefits

Annual salary review

Life Assurance

Employee Assistance Programme (EAP)

Generous annual leave entitlement

Cycle to work scheme

Family-friendly policies

On-site free parking

Employee discount platform

GymFlex health club memberships

Qualifications

• Extensive experience with occupational pension schemes, especially Defined Benefits (DB).
• At least 5 years in similar role, with supervisory experience preferred.
• Strong communication skills and ability to prioritize workload.

Responsibilities

• Supervise two Pensions Administrators and manage pension payroll.
• Oversee complex pension administration tasks and statutory obligations.
• Support team with complex pension queries, providing coaching.

Skills

Numeracy

Communication

IT Skills

Time Management

Education

5 years experience in pensions administration

Tools

Mantle Pensions System

Microsoft Excel

MS Office Suite

Job description

We have a new opportunity for a Pensions Team Lead to join our team based in Grangemouth. This is a pivotal role in ensuring a proactive, professional, and confidential pensions advisory service is provided to our employees.

As Pensions Team Lead, you will be responsible for supervising two Pensions Administrators and offering direct support to the Pensions, Risk & Insurance Manager in the daily operations of the team. Your responsibilities will include:

1. Overseeing complex pension administration tasks, ensuring all records are maintained and updated on the Mantle system.
2. Managing the process for member events, including retirements, deaths, early leavers, transfers out, and illustrative quotations.
3. Ensuring the accuracy of Defined Benefit member data to meet statutory obligations such as Triennial Valuation, Actuarial Reporting, and IAS19 disclosures.
4. Maintaining accurate DB and DC member data to meet Group Life data requirements and monthly contribution audits.
5. Overseeing the preparation of the monthly pension payroll.
6. Supporting the team with complex pension queries, providing coaching and training.
7. Arranging for annual tasks to be completed within agreed timescales, including member benefit statements, annual pension increases, and circulation of P60s.
8. Maintaining close liaison with the Group Pensions, Risk & Insurance Manager to meet member, Trustee, and legal requirements.

What are we looking for?

We seek an experienced candidate with a strong background in a similar role or ready to advance in their career. The ideal candidate will have:

• Extensive experience working with various occupational pension schemes, with a focus on Defined Benefits (DB).
• At least 5 years of experience in a similar role, with DB knowledge being essential.
• Experience at Senior Administrator or Supervisor level is preferred.
• Knowledge of the Mantle Pensions system is advantageous but not mandatory.
• Excellent numeracy and IT skills, including proficiency in Excel and the MS Office suite.
• Strong communication skills, both within the team and with wider stakeholders.
• Ability to prioritize a busy workload, meet deadlines, and fulfill disclosure requirements.

What can we offer you?

At Forth Ports, we value our people and foster a flexible, open, and friendly working culture. Our employees typically stay with us for over 10 years. We offer a competitive salary and benefits, including:

• Annual salary review
• Life Assurance
• Employee Assistance Programme (EAP) for employees and their families
• Generous annual leave entitlement
• Cycle to work scheme
• Attractive family-friendly policies
• On-site free parking
• Employee discount platform for restaurants, car rentals, and holidays
• GymFlex health club memberships

We are an equal opportunities employer and consider all applications regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, or disability status.