Senior Pensions Analyst

Just Group plc; Greater London; Hybrid; GBP 42,000 - 60,000; Full time

Benefits offered by this job

Pension scheme

Life assurance

Bonus scheme

Headspace app access

Employee assistance

Job summary

Just Group plc is seeking a Senior Pensions Administrator to support Defined Benefit transactions across DB schemes. The role centers on data preparation to enable production of member option outputs, embedding technical knowledge into the transition process.

Based in London or Reigate with a hybrid 50% arrangement, the role requires robust DB pensions knowledge, data integrity, and the ability to work to tight deadlines while maintaining high standards of accuracy and communication with

Qualifications

• Excellent Defined Benefit knowledge.
• Experience with DB schemes data preparation.
• Ability to meet tight deadlines with high accuracy.
• Strong written and verbal communication skills.

Responsibilities

• Produce consistent benefit specification documentation for new transactions.
• From exclusivity/contract signing, ensure data is ready for member options in the factors tool.
• Assess data and pricing assumptions to create initial transition data templates.
• Update data delivery dates in Flo based on contractual terms.
• Collaborate with Post Transaction Services Manager to assess scheme complexity and data cleansing needs.
• Support GMP Equalization work by preparing templates when required.

Skills

Defined Benefit expertise

Attention to detail

Analytical skills

Communication skills

Project management basics

Tools

Flo or pension data tool

Job description

This role would suit a Senior Pensions Administrator, with experience of multiple DB/Defined Benefit Schemes and looking to move away from member facing work or to gain exprience on the life insurer side.

Location: London or Reigate (Hybrid - 50%)

Contract: Permanent

Hours: 35 hours

Purpose

This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. The role holder will also be responsible for providing strong technical knowledge which ensures that transitions and member benefit data structures are embedded into our process and beyond.

Through consistency and structure in our set up, we maximise efficiency, provide clarity to all area’s involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.

About Just

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

Key responsibilities

• Produce consistent benefit specification documentation for all new transactions.
• From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced.
• Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team.
• Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables
• Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity
• Support GMP Equalization work by preparing templates when required.

What we’re looking for

• Excellent Defined Benefit technical knowledge
• Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail.
• Good organisational and prioritisation skills.
• Good verbal, written communication and interpersonal skills.
• Good analytical and issue resolution skills.
• An understanding of project management would be beneficial, but not essential.
• An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential.

What’s in it for you

• A competitive salary, pension scheme and life assurance
• 25 days annual leave plus an additional day on us for your birthday
• Private medical cover and income protection, just in case
• A generous and highly achievable bonus scheme
• Opportunities to progress your career in-role and within the company
• Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
• A variety of employee funded benefits available via our online benefits portal
• Plus, several additional purchase options available for you and your loved ones

Explore our full range of benefits on our dedicated benefits page.