At a Glance
- Tasks: Lead GMP reconciliation projects and develop plans to correct member records.
- Company: Isio, a fast-growing professional services business with a focus on community and collaboration.
- Benefits: Hybrid working, career development support, and a culture that values performance and accountability.
- Other info: Join a dynamic team with opportunities for growth and regular social events.
- Why this job: Make a real impact in the pensions sector while developing your skills in a supportive environment.
- Qualifications: Experience in pensions administration or actuarial background; advanced Excel skills preferred.
The predicted salary is between 40000 - 50000 £ per year.
Overview
As part of Isio's Actuarial & Consulting team — over 400 pensions experts advising a diverse range of clients across the private, public and not-for-profit sectors.
The team provides services from managing defined benefit schemes to large-scale communications projects and pension provision strategies.
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.
This role 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?
Hybrid working with time split between office locations, client sites, and home.
The role is likely based in Belfast or Birmingham.
Isio emphasizes community across locations and teams with 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 such as HMRC's 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 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.
Qualifications
- While not essential, you may be currently pursuing FIA/FFA or PMI or equivalent qualifications; Isio provides study support for your chosen path.
- Relevant industry experience — pensions administration or pensions actuarial background with a solid technical understanding of GMP reconciliation and rectification, gained in a DB pensions consultancy environment or similar.
- Technical experience — advanced proficiency in Excel for data manipulation and reconciliation.
- A great team worker who can contribute in project teams, in-office teams, and by supporting the development of others.
- About Isio
Isio is a fast-growing professional services business offering career development, diverse and meaningful work, nationwide opportunities, and a culture that rewards high performance and accountability.
We uphold values of respect, fairness, and inclusion and are committed to a hybrid, flexible approach to work.
Isio is an equal opportunities employer; if you require a reasonable adjustment during the recruitment process, please contact
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StudySmarter Expert Advice🤫
We think this is how you could land GMP Reconciliation & Rectification - Assistant Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Isio. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace GMP Reconciliation & Rectification - Assistant Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Isio.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Isio's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Isio
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Isio.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Isio will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Isio employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
