Pensions Project Consultant
Pensions Project Consultant

Pensions Project Consultant

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead exciting pension projects and manage teams to deliver results.
  • Company: Join XPS Group, a top pensions consultancy with a vibrant culture.
  • Benefits: Enjoy competitive salary, bonuses, flexible holidays, and health perks.
  • Why this job: Make a real impact in the pensions industry while growing your career.
  • Qualifications: Experience in pensions projects and strong organisational skills required.
  • Other info: Be part of a diverse team that values inclusivity and personal growth.

The predicted salary is between 36000 - 60000 £ per year.

XPS Pensions Group is no ordinary company. We have earned numerous awards and accolades, making us an industry leader in Pensions Consultancy. As the largest pure pensions consultancy in the UK, we are a team of approximately 2000 employees spread across 15 locations nationwide. Listed on the London Stock Exchange Main Market, we pride ourselves on our ability to think and act differently, offering expert advice to over 1600 pension schemes and administering pensions for over 1,000,000 members.

We are currently seeking a Project Consultant to join our Admin Project Team. The XPS Admin Project Team (APT) is a separate, highly experienced, and specialised project resource comprised of circa 85 staff. APT have vast experience of working on numerous projects from data cleansing and benefit rectification to buy outs and wind ups. The team undertake project work from across XPS ensuring that day to day Administration work and resource is unaffected.

Our APT team undertakes projects such as:

  • GMP rectification/equalisation
  • Buy-in/buy-out
  • Data cleansing
  • Ad hoc projects for example scheme closures
  • Benefit rectifications
  • Liability reduction exercises
  • McCloud and pension dashboards

Key Responsibilities

  • Leading and managing project end to end, in line with budgets, deadlines and objectives.
  • Coordinate and support less experienced staff.
  • Act as a point of contact generally and to explain complex issues.
  • Attend client and trustee meetings to present project updates.
  • Set and achieve project delivery deadlines within scope and budget.
  • Ensure client sign off on fees and scope has been secured as the work.
  • Delivery of projects within agreed budgets, identification of out of scope work and proactive management and discussion with the clients to ensure that all work is billed in a timely manner.
  • Involvement in process improvement initiatives.
  • Completion and review of calculations for pensions benefit data both manually and spreadsheet based.
  • Partner with Client and Administration Managers within the business on project delivery requirements and stakeholder management.
  • Dealing confidently with HMRC, Client, Scheme, Actuaries, Scheme Administrators, Consultants, Pension Accounts/Payroll, Members and third parties by phone, email and letter.
  • Checking and authorising other team members' work.
  • Understanding and application of benefit structure, Trust Deed & Rules, Inland Revenue guidance notes, PSO, Disclosure requirements.
  • Provision of technical information both verbally and in writing.
  • Compliance with ISO and AAF accreditations.
  • Providing general support to the team manager.
  • Support the delivery of a continuous improvement programme championing operational excellence while identifying areas where the project delivery service to clients could be improved and/or expanded.

Your Profile

Essential

  • Demonstrable previous experience in a similar pensions' projects role, or BAU pensions administration roles.
  • Previous Defined Benefit (DB) pensions scheme experience.
  • Commercial Acumen in order to plan, manage, track and deliver project revenue, client and business requirements within budget.
  • Strong organisational skills with proven ability to manage resources and operational delivery of a team to ensure revenue targets met and work delivered to plan.
  • Technical pensions and data projects knowledge to be able to explain complex issues to key stakeholders internally and externally.
  • The ability to manipulate spreadsheet data using formulas, such as Index, V-look up, Pivot Table is essential.
  • Able to efficiently resolve issues by identifying solutions to enable projects to be effectively delivered in accordance with client requirements.
  • Proven ability to lead a project providing strategic direction and guidance while managing, coaching and mentoring individual team members.
  • Concise and confident communicator of complex project issues - covering both verbal and written skills.
  • Ability to work within a team towards targets.
  • Be proactive, having drive and commitment.
  • Ability to foster an inclusive working environment and champion diversity within the team.

Desirable

  • May have achieved some exam success in professional qualifications such as PMI/QRA/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.

Pensions Project Consultant employer: ENGINEERINGUK

XPS Pensions Group stands out as an exceptional employer, offering a dynamic and inclusive work environment where employees are encouraged to grow and develop their skills. With competitive salaries, generous benefits including pension matching and healthcare plans, and a strong commitment to diversity, XPS fosters a culture of collaboration and innovation. Located across 15 sites in the UK, the company provides unique opportunities for meaningful project work in pensions consultancy, making it an ideal place for professionals seeking rewarding careers.
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Contact Detail:

ENGINEERINGUK Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pensions Project Consultant

✨Tip Number 1

Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for opportunities. You never know who might have a lead or be able to refer you directly to a hiring manager.

✨Tip Number 2

Prepare for interviews by researching common questions specific to pensions project consultancy. Practice your responses, focusing on your experience with DB schemes and project management. Confidence is key, so get comfortable talking about your skills!

✨Tip Number 3

Showcase your technical skills! Be ready to discuss how you've used spreadsheets and data manipulation in past roles. Highlighting your ability to explain complex issues will set you apart from other candidates.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at XPS Group.

We think you need these skills to ace Pensions Project Consultant

Project Management
Pensions Administration
Defined Benefit (DB) Pensions Scheme Knowledge
Commercial Acumen
Organisational Skills
Spreadsheet Data Manipulation
Problem-Solving Skills
Communication Skills
Team Leadership
Stakeholder Management
Technical Pensions Knowledge
Process Improvement
Client Relationship Management
Attention to Detail

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Pensions Project Consultant role. Highlight your relevant experience in pensions projects and administration, and don’t forget to mention any specific skills that match the job description.

Showcase Your Communication Skills: Since this role involves client-facing responsibilities, it’s crucial to demonstrate your ability to communicate complex issues clearly. Use examples from your past experiences where you’ve successfully explained technical information to stakeholders.

Highlight Your Project Management Experience: We want to see your project management skills in action! Share specific examples of projects you've led, focusing on how you managed budgets, deadlines, and team coordination. This will show us you can handle the responsibilities of the role.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.

How to prepare for a job interview at ENGINEERINGUK

✨Know Your Pensions Inside Out

Make sure you brush up on your knowledge of Defined Benefit (DB) pensions schemes and the specific projects mentioned in the job description. Being able to discuss GMP rectification, data cleansing, and other key areas will show that you're not just familiar with the terms but can also engage in meaningful conversations about them.

✨Showcase Your Project Management Skills

Prepare examples from your past experience where you've successfully led projects. Highlight how you managed budgets, met deadlines, and coordinated with team members. This will demonstrate your ability to handle the responsibilities of a Pensions Project Consultant effectively.

✨Communicate Clearly and Confidently

Since this role is client-facing, practice explaining complex pension issues in simple terms. You might want to role-play with a friend or family member to ensure you can convey your thoughts clearly and confidently, both verbally and in writing.

✨Be Ready for Technical Questions

Brush up on your spreadsheet skills, especially with formulas like V-lookups and Pivot Tables. Be prepared to discuss how you've used these tools in previous roles to manipulate data and solve problems. This will show that you have the technical know-how to excel in the position.

Pensions Project Consultant
ENGINEERINGUK
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