GMP Reconciliation in Belfast

GMP Reconciliation in Belfast

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

  • Tasks: Lead GMP reconciliation projects and develop plans to correct member records.
  • Company: Join Isio, a dynamic team of over 400 pensions experts.
  • Benefits: Enjoy hybrid working, professional development, and a supportive community.
  • Why this job: Make a real impact in the pensions industry while gaining diverse experiences.
  • Qualifications: Pensions administration or actuarial background preferred; training support available.
  • Other info: Inclusive workplace with strong values and excellent career growth opportunities.

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

Were growing and want you to be a part of our journey. As part of this role youll be working in Isios Actuarial & Consulting team over 400 pensions experts actuaries and consultants advising a diverse range of clients and stakeholders across the private, public and not-for-profit sectors. We advise on everything from helping trustees and sponsors to manage their defined benefit plans, running large scale communications projects and implementing alternative reward and pension provision. The range of work we get involved with is vast and therell be opportunities for you to gain lots of great, new experiences, focus on working towards specialising in particular roles and put your skills to the test.

Whats the role? The GMP Reconciliation & Rectification - Assistant Manager leads GMP reconciliation and rectification projects for DB pension schemes, overseeing the review of historical GMP data, identifying discrepancies, and developing plans to correct member records. It acts as the main point of contact for clients, provides guidance to analysts, delivers insights to Trustees, and supports the growth of GMP advisory services.

Where is the role? This role will be part of our Belfast team within A&C. We work on a hybrid basis, offering the opportunity for colleagues to split their working time between working in the office, at client sites and at home. As a business we are great at building strong communities amongst our employees both across locations and teams, hosting regular team building, charity, and social events.

Role and Responsibilities:

  • Lead end-to-end GMP reconciliation projects for DB pension schemes, including data validation, reconciliation of scheme records with HMRC data and discrepancy rectification.
  • Review gaps in historical GMP data, identified by analysts using tools like HMRCs GMP Checker and proprietary reconciliation models.
  • Review GMP entitlements for members and develop rectification plans for schemes with incomplete or inconsistent GMP records.
  • Review GMP reconciliation reports for Trustees, including actionable insights on data gaps, financial impacts, and risk mitigation strategies.
  • Act as the point of contact for Trustees, employers, and third-party administrators, presenting GMP reconciliation findings and GMP rectification plans in client meetings.
  • Train analysts on GMP reconciliation methodologies and best practices.
  • Identify opportunities to expand GMP advisory services, contributing to proposals and pitches for new clients.

Key Skills & Experience:

  • Qualifications - Whilst not essential, you may be currently pursuing FIA/FFA or PMI or equivalent qualifications and Isio are happy to provide the relevant study support for your chosen path.
  • Relevant Industry experience - You will likely have either a pensions administration or pensions actuarial background with a solid technical understanding of GMP reconciliation and rectification gained by working previously in a DB pensions consultancy environment or similar.
  • Technical experience - Advanced proficiency in Excel for data manipulation and reconciliation.
  • A great team worker this will be as part of project teams, in-office teams and by supporting the development of others.

Demonstrated Commitment to our Core Purpose:

  • Power in Partnership: We work in partnership with our clients & each other building open and trusted relationships. Working together allows us to deliver the best for our clients.
  • Future Focus: We want to push our industry forward by solving problems in better ways that benefit both our clients & society.
  • Strength in Difference: We work with diverse perspectives to find better solutions. Working with differences makes us stronger.
  • People First: We recognise that pensions is a people business. People are the source of Isios expertise and it is peoples lives that we affect through our advice.

What we offer you: Isio is a people business, and were committed to helping our great colleagues gain a wide variety of experience, significant development opportunities and progression through the business. The variety of work thatll be available to you will enable you to do this. You can find out more about Isio and the benefits we offer on our careers website. At Isio, we are committed to fostering an inclusive, equitable and diverse workplace, in which our colleagues feel they belong, regardless of background or difference. We uphold the values of respect, fairness, and inclusion in our actions and decisions. We believe that by adhering to these principles, we will create a stronger, more innovative, and supportive environment for all, as well as ensuring that the advice and support we provide to our clients is more creative, more insightful and leaves a lasting impact. We have offices across the UK and many of our roles offer a hybrid, flexible approach to work to help create a work-life balance that works for you. Isio Group is an equal opportunities employer and we welcome applications from all suitably qualified candidates. If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please ask us.

GMP Reconciliation in Belfast employer: Isio Group Limited

Isio is an exceptional employer that prioritises the growth and development of its employees, offering a dynamic work environment in Belfast where collaboration and community are at the forefront. With a commitment to inclusivity and a diverse workplace, Isio provides ample opportunities for professional advancement while ensuring a healthy work-life balance through hybrid working arrangements. Join us to be part of a team that values your contributions and supports your journey in the pensions industry.
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Contact Detail:

Isio Group Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land GMP Reconciliation in Belfast

✨Tip Number 1

Network like a pro! Reach out to current employees at Isio on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the GMP Reconciliation role.

✨Tip Number 2

Prepare for your interview by brushing up on your technical knowledge of GMP reconciliation. Be ready to discuss specific projects you've worked on and how you tackled challenges in data validation and discrepancy rectification.

✨Tip Number 3

Show your passion for the pensions industry! During interviews, share your thoughts on how you can contribute to Isio's mission of pushing the industry forward and improving client relationships.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our team at Isio.

We think you need these skills to ace GMP Reconciliation in Belfast

GMP Reconciliation
Data Validation
Discrepancy Rectification
Pensions Administration
Pensions Actuarial Knowledge
Excel Proficiency
Client Communication
Project Management
Training and Development
Analytical Skills
Problem-Solving Skills
Team Collaboration
Report Writing
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the GMP Reconciliation role. Highlight any previous work in pensions administration or actuarial roles, and don’t forget to mention your technical skills, especially in Excel!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about the role and how your background makes you a great fit. Be sure to mention your commitment to partnership and collaboration, as these are key values for us at Isio.

Showcase Your Team Spirit: We love team players! In your application, share examples of how you've worked effectively in teams before. Whether it’s training others or collaborating on projects, let us know how you contribute to a positive team environment.

Apply Through Our Website: We encourage you to apply directly through our careers website. It’s the best way to ensure your application gets to the right people. Plus, you can find more info about the role and our company culture there!

How to prepare for a job interview at Isio Group Limited

✨Know Your GMP Inside Out

Before the interview, brush up on your knowledge of GMP reconciliation and rectification. Familiarise yourself with common discrepancies and how to address them, as well as the tools like HMRC's GMP Checker. This will show your potential employer that you're not just interested in the role but also have a solid understanding of the technical aspects.

✨Showcase Your Team Spirit

Since this role involves working closely with analysts and clients, be prepared to discuss your experience in team settings. Share examples of how you've collaborated on projects, trained others, or contributed to team success. Highlighting your ability to work well with diverse perspectives will resonate with their core values.

✨Prepare Insightful Questions

Interviews are a two-way street, so come armed with thoughtful questions about the company's approach to GMP advisory services and their future plans. This not only demonstrates your interest in the role but also gives you a chance to assess if the company aligns with your career goals.

✨Emphasise Your Commitment to Development

Isio values growth and development, so be ready to discuss your career aspirations and how you plan to achieve them. Mention any relevant qualifications you're pursuing, like FIA/FFA or PMI, and express your enthusiasm for the study support they offer. This shows you're proactive about your professional journey.

GMP Reconciliation in Belfast
Isio Group Limited
Location: Belfast

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