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- Tasks: Oversee pension processes and ensure compliance while leading a dynamic team.
- Company: Leading financial services firm in Newcastle with a focus on innovation.
- Benefits: Highly competitive salary and a comprehensive benefits package.
- Why this job: Join a team where your expertise shapes the future of pensions.
- Qualifications: Extensive experience in pension administration and strong leadership skills.
- Other info: Equal opportunities employer welcoming diverse applicants.
The predicted salary is between 36000 - 60000 £ per year.
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.
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Senior Specialist - Pension Drawdown employer: Core-Asset Consulting Ltd
Contact Detail:
Core-Asset Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Specialist - Pension Drawdown
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who know about pensions. A friendly chat can lead to insider info on job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your pension knowledge. Be ready to discuss complex topics like pension drawdown and compliance issues. We want you to show off your expertise and problem-solving skills!
✨Tip Number 3
Don’t forget to showcase your leadership experience! If you've managed teams or led projects, make sure to highlight these in conversations. Employers love candidates who can inspire and guide others.
✨Tip Number 4
Apply through our website for a smoother process! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals like you to join our team!
We think you need these skills to ace Senior Specialist - Pension Drawdown
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Specialist - Pension Drawdown role. Highlight your extensive technical experience in pension administration and any relevant software skills, like Origo or SIPP Pro. We want to see how your background aligns with what we're looking for!
Show Off Your Skills: In your cover letter, don’t just list your skills—show us how you've used them! Talk about specific situations where you’ve managed complex tasks or led a team. We love seeing real examples that demonstrate your problem-solving and analytical abilities.
Know the Regulations: Since this role involves a lot of compliance and regulatory work, make sure you brush up on your knowledge of pension legislation and regulations. Mention any specific experiences you have with these in your application to show us you're the expert we need!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Core-Asset Consulting Ltd
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of pension regulations and processes. Familiarise yourself with the latest legislation and any recent changes in the industry. Being able to discuss these confidently will show that you're not just a candidate, but a potential subject matter expert.
✨Demonstrate Your Problem-Solving Skills
Prepare examples of how you've tackled complex issues in previous roles. Think about specific situations where you identified a problem, analysed it, and implemented a solution. This will highlight your analytical skills and ability to work under pressure, which are crucial for this role.
✨Showcase Your Leadership Experience
Since the role involves managing a team, be ready to discuss your leadership style and experiences. Share instances where you've successfully led a team through challenges or improved processes. This will help the interviewers see you as a strong candidate who can effectively supervise and motivate others.
✨Prepare Questions That Matter
Think of insightful questions to ask at the end of your interview. Inquire about the company's approach to compliance or how they handle escalated issues. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.
