Pensions Operations Manager - Defined Contributions in Reading

Pensions Operations Manager - Defined Contributions in Reading

Reading Full-Time 50000 - 60000 £ / year (est.) Home office (partial)
ENGINEERINGUK

At a Glance

  • Tasks: Lead a dynamic team in delivering top-notch DC pensions administration services.
  • Company: Join XPS Group, a leading UK consultancy with a vibrant and inclusive culture.
  • Benefits: Enjoy competitive salary, bonus, flexible holidays, and health perks.
  • Other info: Be part of a supportive workplace that values diversity and career growth.
  • Why this job: Make a real impact in the pensions sector while developing your leadership skills.
  • Qualifications: Experience in DC pensions administration and strong management skills required.

The predicted salary is between 50000 - 60000 £ per year.

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 leverage expertise alongside advanced technology to serve over 1,400 pension schemes and their sponsors. Our goal is to foster a workplace where diverse talents thrive.

Our teams of pension administrators provide services to a wide range of trust-based company pension schemes, including defined benefit, defined contribution, career average revalued earnings, and hybrid schemes. Our administrative approach is scheme-based; one team is responsible for every aspect of each client's service, enabling us to build the best possible relationships and provide the clarity of focus each scheme deserves.

Your role initially will be to provide full time management of our DC Master Trust Member Administration team with a particular focus on quality assurance, complaint management, people, and process development.

Key Responsibilities:
  • Reporting to the Head of DC Administration, you will be actively involved in the delivery of our DC administration services.
  • Aid the overall Master Trust and DC administration functions in delivering three overall aims:
    • Quality - delivering an industry leading quality service
    • Profit - running an efficient and profitable operation
    • Long term sustainability - investing in our clients, people and systems
  • Contribute to maintaining the high-quality standards required within the company and seek continually to enhance the quality long term sustainability of the services provided to our clients across the business.
  • Manage and continually develop the pension's administration capability by demonstrating positive leadership skills and actively mentoring Administration Managers and their Deputies when required.
  • Actively contribute to the attraction, training and retention of employees by recruiting appropriately; and motivating, rewarding and developing existing employees. Manage HR issues and coordinate administration resources.
  • Represent XPS in the management of member related administration tasks, ensuring these are fully documented, monitored and completed in line with customer and legislation requirements.
  • Participate in on-going detailed analysis and improvement of the efficiency of our systems and processes.
  • Develop the commercial aspects of the function, involving Administration Managers in tendering and client facing work, billing effectively for value added to clients, and ensure that profit is delivered.
  • Assist the Client Managers with day-to-day management of client relationships with all parties involved in the operation of the Schemes, scheme members and Employers.
  • Preparing for and where appropriate participating in client meetings.
  • Assist on tendering processes, creating responses to tenders and assisting with the administration aspects of tenders.
  • Build strong and productive relationships with staff across the business, in all other offices.
  • Assist on strategic business change and effectively manage the implementation of new practices and processes.
  • Contribute to business wide process and systems change.
  • 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.
Your Profile:
  • Already an experienced and successful pension professional, you will have a strong track record in managing, developing and delivering DC pensions administration services.
  • The successful candidate must be able to demonstrate a very thorough knowledge of technical pension administration activities, including DC member related activities and the ability to apply this knowledge to any scheme.
  • Previous pensions administration experience of Defined Contributions (DC) schemes, including handling complex DC queries is essential.
  • You must have a good understanding of the governance requirements of a DC Scheme.
  • Proven experience in all areas of the new business lifecycle including formulating and assisting in the writing of proposals, preparing and delivering client pitches.
  • Experience of operating within and contributing to a compliant framework, and a strong understanding of quality standards.
  • Previous line management experience is essential, including appraisal process, HR issue management, performance management and recruitment related activities.
  • IT proficient, Microsoft Word, Excel, Outlook & PowerPoint.
Qualifications:
  • Educated to a minimum of A Level or Degree or equivalent standard.
  • Ideally a minimum of three C grades or above at A Level or equivalent qualification.
  • Strong Maths and English GCSE or equivalent qualification - minimum grade B.
  • APMI (or applicants deemed 'qualified by experience' would be considered).
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 via Apply Now option or contact for more information. Join XPS Group and contribute to a dynamic and inclusive workplace.

Equal Opportunities 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.

ENGINEERINGUK

Contact Details:

ENGINEERINGUK Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pensions Operations Manager - Defined Contributions in Reading

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We think you need these skills to ace Pensions Operations Manager - Defined Contributions in Reading

Pensions Administration
Defined Contributions (DC) Schemes
Quality Assurance
Complaint Management
Leadership Skills
Mentoring
Client Relationship Management

Some tips for your application 🫡

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