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; study 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 & Rectification - Assistant Manager in Belfast employer: Isio Group Limited
Contact Detail:
Isio Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land GMP Reconciliation & Rectification - Assistant Manager 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 & Rectification role.
✨Tip Number 2
Prepare for the 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 teamwork! Isio values collaboration, so be sure to highlight your experience working in teams and how you’ve supported others in achieving project goals during your interviews.
✨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 journey at Isio.
We think you need these skills to ace GMP Reconciliation & Rectification - Assistant Manager in Belfast
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the GMP Reconciliation & Rectification - Assistant Manager role. Highlight your relevant experience in pensions administration or actuarial work, and don’t forget to mention any specific skills that align with the job description.
Showcase Your Technical Skills: Since advanced proficiency in Excel is a key requirement, be sure to include examples of how you've used Excel for data manipulation and reconciliation in your previous roles. This will help us see your technical capabilities right off the bat!
Demonstrate Team Spirit: We love team players! In your application, share experiences where you’ve collaborated with others, especially in project settings. This will show us that you’re not just about individual success but also about contributing to a strong team dynamic.
Apply Through Our Website: We encourage you to apply directly through our careers website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at Isio!
How to prepare for a job interview at Isio Group Limited
✨Know Your GMP Inside Out
Make sure you brush up on your knowledge of GMP reconciliation and rectification. Familiarise yourself with the key concepts, tools like HMRC's GMP Checker, and common discrepancies. This will help you speak confidently about your technical understanding during the interview.
✨Showcase Your Team Spirit
Since this role involves working closely with project teams and training analysts, be ready to share examples of how you've collaborated in the past. Highlight any experiences where you’ve contributed to team success or helped others develop their skills.
✨Prepare Insightful Questions
Think of thoughtful questions to ask your interviewers about their GMP advisory services and the types of projects you might work on. This shows your genuine interest in the role and helps you understand how you can contribute to their goals.
✨Emphasise Your People Skills
As pensions is a people business, be prepared to discuss how you build relationships with clients and colleagues. Share stories that demonstrate your commitment to open communication and partnership, aligning with Isio's core values.