Pensions Technical Consultant

Social network you want to login/join with:

Pensions Technical Consultant, Birmingham

col-narrow-left

Client:

Location:

Birmingham, United Kingdom

Job Category:

Consulting

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

2307ace59424

Job Views:

9

Posted:

29.04.2025

Expiry Date:

13.06.2025

col-wide

Job Description:

Role Summary:

- Permanent Role

- Birmingham Based; hybrid working; currently 1 day per week in the office

Who are We?

We specialise in providing financial services to some of the nation’s most trusted professions: GPs, hospital doctors, dentists and teachers, and have been doing this since 1841. Our customers are extraordinary - the people who shape the world we live in for the better. We chose to shape our world around the exceptional.

We currently employ around 1400 people, and our success comes from a history of evolving to embrace new challenges. Transformation is key to how we work, so no matter what your job title might be, if you are someone who can help us shape the future, you’ll fit right in and have a voice here.

We are proud supporters of the ABI Making Flexible Work campaign which means we are open to discuss flexible working, job shares and part time options. We also support hybrid ways of working, where you can split your week working from home and the office.

Your Role:

Technical subject matter expert on all elements of financial planning incorporating estate and legacy planning, pension planning for both accumulation and access, and other advice needs of our high-net-worth clients.

You will be supporting our Specialist Financial Advisers by answering queries, helping formulate the client solution including how to document this in a compliant client file and completing calculations to support the provision of accurate financial advice.

The role will require you to update and approve technical factsheets, marketing material, sales documentation and training materials as well as support with the ongoing maintenance and development of a suite of calculators used in the advice process.

What you’ll be doing:

• Support the business by providing technical sign off on advice related to Financial Promotions, Presentation material, Website material, Training and Relevant complaints calculations
• Managing technical queries from financial advisers and wider business
• Maintaining in depth knowledge of taxation, regulation, products and core clients pension schemes so queries can be resolved efficiently
• Guiding Financial Advisers in determining correct advice and creating a compliant client file
• Provision of a support function to Financial Adviser queries and calculations
• Completion of unusual and technically complex calculations which can’t be supported by our calculation engines
• Review and sign off for calculations completed by less experienced and knowledgeable colleagues
• Provide a quality assurance function for calculations completed by Financial Advisers, Paraplanning and the wider teams
• Support with the design and documentation of calculations including those integrated into CRM/POS, Third Party developed and inhouse standalone
• Engage with developers including third party developers (such as CTC and EValue) to ensure enhancements to calculators are completed accurately and cost effectively
• Test changes to calculators to ensure they maintain accuracy and currency

We know the best teams are made up of inclusive groups of diverse people where everyone’s contribution counts, and we believe everyone has the right to proudly be themselves. We’re building a culture where difference is actively encouraged and simply recruit the best people for the job irrespective of lifestyle, life history and life choices.

We understand that there are a wide range of reasons that you may require reasonable adjustments to the recruitment process- please let us know in your application how we can best support you.

• Qualified to Diploma in Regulated Financial Planning or equivalent
• Good understanding of financial products, legislation, taxation and regulations
• Knowledge of defined benefits pension schemes and the NHS pension scheme and teachers pension schemes
• Demonstrable record in building effective relationships
• Strong Excel skills allowing creation of spreadsheets to complete clients personalised calculations
• Excellent numeracy skills and comfortable making complex and time-consuming calculations based on individuals’ circumstances
• Ability to communicate effectively with colleagues at all levels of the business
• Able to work well as part of a team and accept a shared responsibility for colleagues' workloads, to ensure that workload imbalances are managed effectively and do not impact negatively on customer service
• To be flexible and prepared to support other teams within the department with activities such as case checking and paraplanning when need arises
• The ability to work independently and be self motivated

The financials on offer:

• Annual salary of circa £40,000 per annum (dependent on experience), reviewed annually
• Annual Performance based Bonus
• A great pension scheme – company matched plus 2% (up to 10%).

When you’re working in the office, we’re based on Colmore Circus Queensway in Birmingham

• Close to rail links: 0.1 mile from Snowhill and 0.5 mile from New Street
• Free onsite car parking available (bookable in advance to secure your spot)

Reward and Recognition (The core benefits you’d probably expect)

· 28 days holiday plus bank holidays, when you’ve been at Wesleyan for 5 years, this increases to 30 days.

· Buy extra holiday days or sell holiday you don’t need.

· Life assurance – worth four times your base pay

· Flexible benefits – includes our travel loan/car parking scheme, cycle to work programme plus others

· Discounts – across major brands in retail, health, wellbeing and leisure.

· Employee assistance programme – we help you, take care of you

Flexible & Inclusive (The extras you might be surprised by):

• Culture day- an additional day off to utilise in any way you personally choose
• Volunteering days – 2 paid days per year
• Enhanced Maternity Pay: 16 weeks at 100% average earnings, then 13 weeks at 50% average earnings
• Enhanced Paternity Pay: 100% of average earnings for up to 8 weeks
• Access to Mental Health First Aiders
• Salary sacrifice scheme for ultra-low emission cars (electric and plug in hybrids)

Why Wesleyan?

• We are committed to the personal and professional growth of our people; the proportion of our vacancies that are filled internally continues to grow each year: 2021 – 27%, 2022- 28% and 2023 - 33%. Which represents around 365 career development opportunities from circa 1260 vacancies across those 3 years.
• The Wesleyan Foundation- we’ve donated over £5 million to worthy causes across the UK.
• We are committed to continuing to understand and improve the impact we have on society and our environment. Sustainability at Wesleyan
• Supporters of the Women in Finance Charter and a founding member of the Women in Business network
• Stonewall Bronze Award
• From our most recent Employee Survey, 75% of our people see their colleagues as friends
• Here’s what our people say about us: EVP (INT) - Why do you like working at Wesleyan?

We are unable to provide VISA sponsorship, and therefore cannot employ anyone who does not have the legal right to live and work in the UK – within our recruitment process you will be asked to provide evidence of your Right to Work.

Please note this is role is subject to regulatory requirements. As a financial services organisation we are committed to adopting the highest standards and we do this by employing individuals with the appropriate skills, experience and integrity to protect the Wesleyan Group and our customers. Relevant checks and assessments will be carried out during the recruitment process. The nature of the checks will depend on whether the role is subject to the Senior Managers and Certification Regime (SMCR) or the Insurance Distribution Directive Please note a criminal record check and credit check will apply and this role is also subject to ongoing checks in line with the Group SMCR Framework (Fit & Proper Policy).

Any unsolicited submissions from agencies will be accepted as a direct application from the candidate and no fees will be payable.

We reserve the right to close adverts early if we receive a high volume of applications; we would therefore recommend an early application if you’d like to be considered for our opportunities.