Overview

XPS Group is a prominent and growing UK consultancy and administration firm within the pensions and insurance sectors. As a FTSE 250 company with over 2000 employees, we serve over 1,400 pension schemes and their sponsors. The role is for a Senior Pensions Administrator - Scheme Events, based in Middlesbrough, with a full-time, permanent contract and hybrid working arrangements.

Responsibilities

• Annual pensions increase exercises for schemes supported by the team
• Production of annual benefit statements, Pension Savings Statements and SMPI statements (as required)
• Production of wake-up communications to members approaching NRA or over NRA
• Create mail-merges, arrange dispatch/uploading of statements and letters to member portal
• Complete Scheme Returns for each scheme, liaise with actuarial and investment colleagues as appropriate and clients
• Complete Annual Event reports for each scheme / quarterly AFTs - arrange payment of tax
• GMPe testing of calculations / GMPr etc.
• Production of quarterly administration/stewardship reports
• Tracing (annual/quarterly/monthly) - supporting the admin teams and working with the Tracing team
• Assist production of benefit specifications for buy-in/buy-out work
• Bespoke project work as directed by Team Leader/Manager
• Complex calculations / checking and authorising cases - supporting admin on some individual cases
• Checking and authorising other team members’ work
• Understanding and application of benefit structures, Trust Deed & Rules, current pensions legislation, PSO and Disclosure requirements
• 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 / data cleansing
• Dealing confidently with member enquiries by phone, email, and letter (where required)
• Providing general support to the Administration team/manager
• Ensuring that work is prioritised correctly so that target dates are met
• Training of other team members and assisting less experienced team members where/as required
• Due to the changing nature of the business, the job holder may from time to time be required to undertake other activities of a similar nature that fall within their capabilities

Essential

• Previous experience within a similar role dealing with DB schemes
• Experience within the pensions’ industry
• Highly proficient in Excel, demonstrating strong abilities in creating, manipulating, and analysing spreadsheets effectively
• Able to demonstrate ownership, responsibility, and accountability for self
• Be organised, methodical and logical in approach to delegated responsibilities
• Able to assist with developing a culture of high standards, excellent quality and customer responsiveness
• Able to develop administrators and administrative processes
• Be well organised and be a point of reference for knowledge
• Able to plan and then be flexible with that plan
• Be proactive, having drive and commitment
• Able to communicate effectively
• Has a can-do attitude and takes pride in work
• Pays attention to detail

Desirable

• Good decision maker, able to recognise the impact of decision, having good judgement
• A problem solver, dealing with practical, people and political problems
• Able to delegate effectively
• Achieved some exam successes in professional qualifications such as PMI / QPA / RPC / DPC / DPA and actively working towards full qualification

What We Offer

Enjoy a competitive salary, annual discretionary bonus, and 25 days’ holiday with buy/sell flexibility. Benefits include pension matching, healthcare plans, life assurance, and retailer discounts. We support our team with a flexible benefits scheme, employee assistance, and digital GP service. Participating in volunteering events is encouraged with paid volunteer days available. Referral bonuses are offered for introducing suitable candidates to XPS.

How To Apply

Interested candidates should submit applications below or contact recruitment@xpsgroup.com. Join XPS Group and contribute to a dynamic and inclusive workplace.

Equal Opportunity Statement

XPS Group is committed to diversity and equal opportunities. We welcome applications from all candidates, irrespective of sex, race, disability, sexual orientation, religion, or belief. As a Disability Confident employer, we ensure accessible and supportive work settings for all employees.

Eligibility

Any employment offer made will be conditional upon you satisfying DBS Disclosure checks, Employment or educational references, Satisfactory credit checks and eligibility to work in the UK before an offer can be made. XPS Group is not able to provide sponsorship to employees.

Who Are We

To find out more please visit: www.xpsgroup.com