Director of Pension Administration
Director of Pension Administration

Director of Pension Administration

Darlington Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead pension administration for 350,000 members, ensuring excellent operational delivery.
  • Company: Railpen manages £34 billion in assets and supports the UK's railway pension schemes.
  • Benefits: Enjoy hybrid working, competitive salary, generous leave, and private medical insurance.
  • Why this job: Join a transformative team focused on member-first vision and positive community impact.
  • Qualifications: Significant experience in pensions, leadership in Defined Benefits, and cultural change expertise required.
  • Other info: Hands-on role with opportunities for personal development and a supportive culture.

The predicted salary is between 43200 - 72000 £ per year.

We have an exciting opportunity for a Director of Pensions Administration to join the Member Services Leadership team, reporting to the Chief Officer, Member Services on a permanent basis. We support hybrid working in this role, but there is a need for regular office presence in the Darlington office.Who We AreRailpen is responsible for the safekeeping and investment of around £34 billion in assets and the administration of several pension schemes, including the Railways Pension Scheme, one of the UK\’s largest and longest established pension funds. Our heritage of looking after the pension needs of the rail industry and its employees gives us our name and our unique outlook on how we serve our members. Railpen takes a holistic view, focusing on how we serve members today and how we can positively impact the communities and the world they will retire into.Our values of integrity, community and alignment are the guiding principles that influence our behaviour. They help us make decisions and shape our interactions with others. They are what we stand for. About the RoleThe Member Services business unit is entering a pivotal phase. Under new leadership, we are embarking on a transformation journey centred around a bold, member-first vision. This is a time of change, challenge, and opportunity—and we’re looking for someone ready to lead from the front.As Director of Administration, you will lead the pension administration function for Railpen, delivering excellent operational delivery to approximately 350,000 members within the Railway Pension Scheme, covering a range of pension products and services, including complex DB, hybrid, CARE and DC. As a member of the Member Services senior leadership team, you will provide strategic insight, challenge and leadership, translating strategic objectives into operational deliverables in a challenging but exciting environment. Responsible for c.100 colleagues, you will be instrumental in shaping our culture and driving positive change for our colleagues and members alike. About the PersonThe pension landscape is ever-changing, we need a leader who will embrace change and drive excellence through complexity.The successful candidate will be someone who has significant experience in the pension industry, leading a large-scale pension operation within Defined Benefits and has the ability to transform culture and operational excellence in a large team. You will bring sound DB and DC knowledge to drive forward and resolve complex operational demands through innovative and clear solutions.We are looking for a collaborative and people-focused leader who is purpose-led and passionate about making a real difference for colleagues and members alike. You will be comfortable leading in ambiguity, resilient in the face of multiple challenges, and versatile in your approach to problem-solving. Experience of leading significant cultural change and leadership development within a high-volume, service-driven operation is key. You will be hands-on, willing to get into the detail, and maintain a strong industry network to balance short- and long-term objectives. As a Director, you will help foster a learning and supportive culture, developing and retaining internal talent while creating opportunities to support attraction. What we can offer you Rewarding you:A competitive salary (depending on experience)28 days annual leave plus bank holidaysGenerous annual bonus planWe provide membership of the Railways Pension Scheme, a Defined Benefit arrangement under which you get a pension for life and a lump sum when you retire, based on your length of service and pay4x Life Assurance coverColleague referral scheme Heath & WellbeingPrivate Medical InsuranceEmployee assistance programmeHealth cash planEye care vouchersFlu vaccination LifestyleWe support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leaveBuy and sell holidaysGive as you earn schemePaid volunteering daysFlexible half days leaveElectric vehicle leasingCycle to work schemeAll responses are being handled by IPS Group and all applications will be passed to them for consideration.

Director of Pension Administration employer: LinkedIn

Railpen is an exceptional employer, offering a dynamic work environment in Darlington where you can lead transformative change in pension administration while supporting a member-first vision. With a strong commitment to employee growth, generous benefits including a competitive salary, extensive leave policies, and a focus on health and wellbeing, Railpen fosters a collaborative culture that empowers its leaders to make a meaningful impact on the lives of 350,000 members. Join us to be part of a purpose-driven team dedicated to excellence and community.
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Contact Detail:

LinkedIn Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director of Pension Administration

✨Tip Number 1

Network with professionals in the pension industry, especially those who have experience in Defined Benefits and large-scale operations. Attend industry events or webinars to connect with potential colleagues and leaders at Railpen.

✨Tip Number 2

Familiarise yourself with Railpen's values of integrity, community, and alignment. Be prepared to discuss how your leadership style aligns with these principles during any informal conversations or networking opportunities.

✨Tip Number 3

Stay updated on the latest trends and changes in the pension landscape, particularly around DB and DC schemes. This knowledge will not only help you in discussions but also demonstrate your commitment to driving excellence in the role.

✨Tip Number 4

Consider reaching out to current or former employees of Railpen to gain insights into the company culture and the challenges they face. This information can be invaluable in tailoring your approach and demonstrating your understanding of the organisation's needs.

We think you need these skills to ace Director of Pension Administration

Pension Administration Expertise
Leadership and Team Management
Strategic Planning
Operational Excellence
Change Management
Defined Benefit (DB) Knowledge
Defined Contribution (DC) Knowledge
Complex Problem-Solving
Stakeholder Engagement
Culture Transformation
Service Delivery Management
Collaboration and Teamwork
Resilience in Ambiguity
Communication Skills
Industry Networking

Some tips for your application 🫡

Understand the Role: Thoroughly read the job description for the Director of Pension Administration position. Make sure you understand the key responsibilities and required skills, particularly in pension operations and leadership.

Tailor Your CV: Customise your CV to highlight relevant experience in the pension industry, especially in leading large-scale operations. Emphasise your achievements in cultural change and operational excellence.

Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the role and the values of Railpen. Discuss how your experience aligns with their member-first vision and your approach to leading teams through change.

Showcase Leadership Skills: In your application, provide specific examples of how you've successfully led teams in complex environments. Highlight your ability to drive positive change and foster a supportive culture within your previous roles.

How to prepare for a job interview at LinkedIn

✨Understand the Pension Landscape

Make sure you have a solid grasp of the current pension landscape, especially around Defined Benefits and Defined Contributions. Be prepared to discuss recent changes in regulations or trends that could impact Railpen and its members.

✨Showcase Leadership Experience

Highlight your experience in leading large teams and driving cultural change within a high-volume service environment. Prepare examples of how you've successfully managed operational excellence and transformed team dynamics in previous roles.

✨Emphasise Member-Centric Approach

Demonstrate your commitment to a member-first vision by sharing specific instances where you've prioritised member needs in your decision-making. Discuss how you plan to enhance member services at Railpen.

✨Prepare for Change Management Questions

Expect questions about how you handle ambiguity and lead through change. Be ready to provide examples of challenges you've faced in the past and how you navigated them to achieve positive outcomes.

Director of Pension Administration
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  • Director of Pension Administration

    Darlington
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-08-21

  • L

    LinkedIn

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