Senior Specialist - Pension Drawdown

Core-Asset Consulting Ltd; Newcastle upon Tyne; On-site; GBP 70,000 - 95,000; Full time

Benefits offered by this job

Wider Benefits package

Competitive salary

Job summary

Core-Asset Consulting is partnering with a leading financial services firm to recruit a Senior Specialist - Pension Drawdown in Newcastle. You will oversee end-to-end pension technical processes and ensure timely delivery of complex tasks across DC schemes, Money Purchase, and SIPPs.

The role requires extensive pension/platform experience, strong regulatory knowledge, and the ability to lead a technical team, manage projects, and resolve issues under pressure.

Qualifications

• Extensive pension/platform experience in financial services.
• Strong knowledge of pension regulations.
• Understanding of pension/platform operations and processes.
• Experience with pension software (Origo, SIPP Pro).
• Experience in leading teams.
• Excellent communication and problem-solving skills.
• Ability to work under pressure and meet deadlines.
• Strong analytical and project management skills.

Responsibilities

• Serve as SME on pensions and platform issues for DC, Money Purchase, SIPPs and SSASs.
• Handle pension flexibilities, auto-enrolment, taxation and drawdown experience.
• Understand pension legislation, regulations and scheme rules.
• Identify and resolve technical issues with complex calculations and regulatory interpretations.
• Manage Death Benefit Payments, Divorce & Disputes.
• Ensure platform and pension processes comply with legal requirements.
• Handle complaints and IDRP processes with Compliance/Risk.
• Oversee end-to-end pension technical processes for accuracy and timeliness.
• Monitor KPIs related to pensions operations and drive improvements.
• Lead and supervise the pensions technical team.

Skills

Pension knowledge

Regulatory knowledge

Operations expertise

Origo

SIPP Pro

Team leadership

Communication skills

Problem solving

Under pressure

Analytical skills

Project management

Tools

Origo

SIPP Pro

Job description

We are working with our client, a leading financial services firm, on an excellent opportunity for a Senior Specialist - Pension Drawdown to join the team in Newcastle.You will be responsible for overseeing the end-to-end pension technical process and timely delivery of complex tasks.

Skills/Experience

• Extensive technical experience within pension/platform administration gained preferably in a pension/platform/financial services environment.
• Extensive knowledge of pension regulations
• Strong understanding of pension/platform operations, processes and procedures
• Experience with relevant software and systems (e.g.Origo, SIPP Pro)
• Experience in managing and leading teams
• Excellent communication and problem-solving skills
• Ability to work effectively under pressure and meet deadlines.
• Strong analytical and project management skills.

Core Responsibilities

• Servicing as a subject matter expert on pensions and platform related issues, particularly within DC, Money Purchase Personal Pension / SIPPs /SSASs
• Pension flexibilities, auto enrolment pension, taxation and Pension Drawdown experience
• Understanding pension legislation, regulations and scheme-specific rules
• Ability to identify and resolve technical issues, often involving complex and detailed calculations, regulatory/legal interpretations.
• Death Benefit Payments, Divorce & Disputes Management
• Ensuring all platform & pension processes comply with legal and regulatory requirements.
• Handling complaints and escalated issues related to pension schemes.
• Ensuring adherence to relevant pension legislation and regulations.
• Complaint/Internal Dispute resolution Procedures (IDRP) processes with the Compliance and Risk Support.
• Oversee the end-to-end pension technical process, ensuring accuracy, compliance, and timely delivery of complex tasks.
• Monitor key performance indicators (KPIs) related to pensions technical operations and implement process improvements.
• Managing breach reporting, Death Benefit Management, Pension Discretions, Overpayments.
• Lead and supervise the pensions technical team, ensuring colleagues performing their roles effectively and efficiently.
• Identify areas for improvement within platform/pension operations and implement solutions to enhance efficiency and accuracy.

Benefits

• A highly competitive salary
• Wider Benefits package

Core-Asset Consulting is an equal opportunities recruiter and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.

Job reference: 16194

To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.

INDPERM