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- Tasks: Support the development of new financial propositions and manage operational queries.
- Company: Join M&G, a leading international savings and investments business with over 170 years of experience.
- Benefits: Enjoy flexible working arrangements, professional qualifications support, and a diverse, inclusive culture.
- Why this job: Be part of a team that values creativity and innovation while making a real impact in financial services.
- Qualifications: Strong analytical skills and a passion for customer service; no specific degree required.
- Other info: M&G is a Disability Confident Leader, welcoming applications from all backgrounds.
The predicted salary is between 36000 - 60000 £ per year.
You will need to login before you can apply for a job. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.
Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
Pensions Operations Specialist Corporate Risk Solutions (CRS) is a division within M&G Life with a remit to design and deliver bulk purchase annuities and alternative de-risking products for Defined Benefit pension schemes. Due to ongoing success and a strong opportunity, the team is adding headcount in a number of areas.
The Pensions Operations Specialist is responsible for supporting the development and implementation of new propositions developed with CRS. This includes due diligence to understand the quantum of risks being accepted, implementation activities, and reporting activities. This is an excellent opportunity for a graduate to come and join M&G to deliver on our purpose to give everyone real confidence to put their money to work. We are looking for enthusiastic, creative thinkers and hands-on individuals from any subject matter background, with a desire to learn and who have a genuine interest in financial services.
We are focused on developing you professionally, as well as building your technical skills, through real, value-add work. We will support you with professional qualifications, including study support.
Key Responsibilities:- Support the development of new propositions operating models
- Act as a key point of contact for all operational queries associated with new business transactions
- Delivery of the operational model
- Provide technical guidance to the team on matters such as GMP equalisation, franking etc.
- Responsible for setting and managing the operational clauses of Insurance transactions
- Provide regular communications and updates to both internal and external stakeholders of the latest roadmap, changes and updates
- Drive continuous improvement through innovation and the seeking out and acting on new opportunities
- Carry out due diligence on new business transactions to allow PAC to decide on the appropriate risk premium for non-financial risks
- Strong analytical and problem-solving skills
- Passion for the customer
- Pension Technical knowledge desirable
- Effective written and presentation skills
- High degree of honesty, integrity and discretion
Location: Reading
Closing Date: 25/04/2025
We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long-term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying.
If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us.
Pensions Operations Analyst employer: ENGINEERINGUK
Contact Detail:
ENGINEERINGUK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Operations Analyst
✨Tip Number 1
Familiarise yourself with the key responsibilities of a Pensions Operations Analyst. Understanding the operational model and the specific tasks involved will help you articulate your interest and how your skills align during any discussions.
✨Tip Number 2
Network with professionals in the pensions and financial services sector. Engaging with industry experts can provide insights into the role and may even lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Stay updated on current trends and changes in pension regulations and financial products. Demonstrating your knowledge about the industry during interviews can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your analytical and problem-solving skills in detail. Think of examples from your past experiences where you've successfully tackled challenges, as these will be crucial in showcasing your fit for the role.
We think you need these skills to ace Pensions Operations Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Pensions Operations Analyst position. Understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Skills: In your CV and cover letter, emphasise your analytical and problem-solving skills, as well as any experience or knowledge related to pensions or financial services. Use specific examples to demonstrate your capabilities.
Craft a Strong Cover Letter: Write a compelling cover letter that reflects your enthusiasm for the role and the company. Mention why you are interested in M&G and how your background aligns with their mission of providing confidence in financial services.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the Pensions Operations Analyst role.
How to prepare for a job interview at ENGINEERINGUK
✨Understand the Role
Make sure you thoroughly read the job description and understand the key responsibilities of a Pensions Operations Analyst. Familiarise yourself with terms like GMP equalisation and operational clauses, as these may come up during your interview.
✨Show Your Analytical Skills
Prepare to discuss examples of how you've used analytical and problem-solving skills in past experiences. M&G values strong analytical abilities, so be ready to demonstrate your thought process and how you approach challenges.
✨Communicate Effectively
Since effective written and presentation skills are crucial for this role, practice articulating your thoughts clearly. You might be asked to explain complex concepts, so being concise and clear will help you stand out.
✨Express Your Passion for Financial Services
M&G is looking for candidates with a genuine interest in financial services. Be prepared to share why you're passionate about this field and how you see yourself contributing to their mission of helping clients put their money to work.
