Senior Pension Data Specialist

Senior Pension Data Specialist

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage corporate pension data and oversee IT system upgrades.
  • Company: Join a leading organisation in the pensions sector based in London.
  • Benefits: Enjoy a 2-year contract with opportunities for professional growth.
  • Why this job: Be part of a dynamic team driving innovation in pension administration.
  • Qualifications: 5+ years in pension administration and relevant PMI qualifications required.
  • Other info: Work closely with key service providers and enhance your technical skills.

The predicted salary is between 48000 - 72000 £ per year.

We are seeking an experienced Pensions Administrator for a 2 year contract based in London. You will ideally be experienced in managing corporate pension data and have a relevant qualification within the PMI i.e. APMI/RPC. Advanced technical knowledge of Defined Benefit pension schemes, with a focus on UK pension legislation is required. At least 5 years pension administration experience within a larger corporate organisation performing pension administration or pension project management.

MAIN DUTIES

  • Assisting in the management of key relationships with the 3rd party IT system provider, IT and IRM, ensuring the integrity of data held on the pensions administration system is maintained.
  • Being an integral part of the delivery of a high-profile IT system upgrade, with the introduction of new system functionality and promoting continual improvement within the TSU.
  • Helping with the oversight of the main pension administration system supplied by a 3rd party (EQ Compendia).
  • Managing the day-to-day relationship with the 3rd party, being actively involved in upgrades and providing input on the strategic direction for the system.
  • Overseeing a schedule of activities required to ensure compliance with legislative and reportable events.
  • Working with large volumes of sensitive and personal data to respond to time-critical requests, actively delivering annual processes and reviewing the quality of data held in the TSU.
  • Producing and delivering pension benefit statements and valuation extracts for the Scheme actuary during annual events.
  • Serving as a point of contact for relationships with key service providers.
  • Collaborating with these providers on cross-boundary projects, such as the implementation of a major pension IT system upgrade while ensuring business continuity throughout the project.
  • Being an integral part of the user acceptance testing team for data and calculation routines.
  • Being a key member of the London based team of 3 people and providing pension-specific training.
  • Working with the pension teams in Finance Operations to ensure support provided for their Data & Projects Team, and closely collaborating with the Payroll and Finance Team to ensure the successful delivery of all business-critical processes.

JOB KNOWLEDGE, SKILLS & EXPERIENCE

  • Experience of pensions administration systems, preferably Compendia and Procentia.

Senior Pension Data Specialist employer: ORION ENGINEERING SERVICES LIMITED

As a Senior Pension Data Specialist in London, you will join a dynamic team that values collaboration and innovation, offering a supportive work culture that prioritises employee growth and development. With access to advanced training opportunities and the chance to work on high-profile IT system upgrades, you will play a crucial role in enhancing our pension administration processes while enjoying the vibrant atmosphere of one of the world's leading financial hubs.
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Contact Detail:

ORION ENGINEERING SERVICES LIMITED Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pension Data Specialist

✨Tip Number 1

Make sure to highlight your experience with pension administration systems, especially Compendia and Procentia. Familiarity with these systems can set you apart from other candidates.

✨Tip Number 2

Network with professionals in the pensions industry, particularly those who have worked on IT system upgrades. They might provide insights or even referrals that could help you land the job.

✨Tip Number 3

Stay updated on UK pension legislation and any recent changes. Being knowledgeable about current regulations will demonstrate your commitment and expertise during interviews.

✨Tip Number 4

Prepare to discuss specific examples of how you've managed relationships with third-party providers in past roles. This will showcase your ability to handle key partnerships effectively.

We think you need these skills to ace Senior Pension Data Specialist

Pension Administration
Defined Benefit Pension Schemes
UK Pension Legislation
Data Management
IT System Upgrades
Project Management
Stakeholder Management
User Acceptance Testing
Analytical Skills
Attention to Detail
Communication Skills
Collaboration Skills
Training and Development
Compliance Knowledge
Experience with Compendia and Procentia Systems

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in pension administration, particularly with Defined Benefit schemes. Include specific examples of your work with corporate pension data and any relevant qualifications like APMI or RPC.

Craft a Strong Cover Letter: In your cover letter, emphasise your technical knowledge of UK pension legislation and your experience managing relationships with third-party providers. Mention your role in IT system upgrades and how you contributed to improving processes.

Showcase Relevant Experience: Detail your experience in pension administration within larger corporate organisations. Highlight any projects you've managed, especially those involving sensitive data and compliance with legislative requirements.

Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. Ensure that all information is clear and professional, as attention to detail is crucial in this role.

How to prepare for a job interview at ORION ENGINEERING SERVICES LIMITED

✨Showcase Your Technical Knowledge

Make sure to highlight your advanced technical knowledge of Defined Benefit pension schemes and UK pension legislation. Be prepared to discuss specific examples from your past experience that demonstrate your expertise in these areas.

✨Demonstrate Relationship Management Skills

Since the role involves managing relationships with third-party IT system providers, be ready to share experiences where you successfully maintained or improved such relationships. Discuss how you handled challenges and ensured data integrity.

✨Prepare for System Upgrade Discussions

As this position is integral to a high-profile IT system upgrade, think about your previous involvement in similar projects. Be prepared to talk about your role in user acceptance testing and how you contributed to successful upgrades.

✨Emphasise Collaboration Experience

Collaboration with various teams is key in this role. Prepare examples of how you've worked with finance, payroll, or other departments to deliver business-critical processes. Highlight your ability to work effectively in a small team environment.

Senior Pension Data Specialist
ORION ENGINEERING SERVICES LIMITED
O
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