At a Glance
- Tasks: Manage pension operations, ensuring timely payments and compliance with regulations.
- Company: Join a vibrant and growing organisation in Birmingham focused on collaboration and success.
- Benefits: Enjoy hybrid working, 28 days leave, annual bonuses, and discounts on major brands.
- Why this job: Be part of a dynamic team during an exciting growth phase with a focus on customer outcomes.
- Qualifications: Significant pension management experience and relevant professional qualifications required.
- Other info: Free secure parking available and opportunities for personal development.
The predicted salary is between 28800 - 43200 £ per year.
Oakley Recruitment is working in partnership with an expanding organisation based in Birmingham. This is an excellent opportunity to join the team as a on a Pension Manager full-time permanent basis
Culture and Environment
Our clients culture is vibrant and driven. Following a recent restructure, they are entering an exciting period of growthmaking this a fantastic opportunity to join a dynamic and collaborative team on a shared journey of success.
The work environment is hybrid, offering flexibility to balance office and home working. When in the office, youll be based in an iconic, professional, and inviting corporate space that reflects the companys high standards and progressive outlook.
Personality
You will have excellent analytical skills, with the ability to review and analyse data to identify issues, trends, and improvement opportunities. You will also have strong people and leadership skills with the ability to motivate and inspire your team.
Your role is to deliver consistently high standards of quality and efficiency, complying with all regulatory and legal requirements in respect of the role and acting to deliver good customer outcomes and embed a culture in which good outcomes for customers is central.
Reward
- 28 days annual leave (plus 1 additional culture day & bank holidays) increases to 30 days with 5 years service
- Hybrid working 1-2 days a week in the office once trained
- 35 hours per week Monday Friday 9.00am 5.00pm
- Free secure underground Birmingham city centre parking (available on weekends for personal use)
- Annual bonus up to 10%
- Pension contributions matched (+ 2%) up to 10%
- Cashback and discounts on major brands in retail, leisure, health, and wellbeing
- Enhanced maternity & paternity pay
- Car Scheme available through salary sacrifice
- Life assurance 4 times salary
- Buy up to 5 extra days annual leave per year and sell up to 3 days per year
Job Role:
- Managing the third-party supplier relationship from an operational perspective, including planning and executing system upgrades, data reconciliations and improvement projects without any IT involvement
- Managing the end-to-end payment cycle inclusive of the Customer Pensions Payroll function
- Ensuring customers are paid accurately and on time
- Overseeing the completion of all Payroll reporting in an accurate and timely manner including reconciliation of the general ledger accounts, compliance reports, month end reconciliation reporting
- Ensuring month and year-end returns are completed accurately and submitted to HMRC on time and that production of all yearend requirements including P60s are within statutory deadlines
- Ensuring tax pay over to HMRC is delivered accurately and within regulatory
- Ensuring compliance with all applicable financial and tax regulations
- Submitting the regular reports to FCA
Skills and experience:
- Significant pension management experience and Retirement Journey administration stages
- Understanding of the Pension Protection Fund (PPF) and why& how we need to interact with the Financial Assistance Scheme (FAS) to ensure delivery of the ASW deferred annuity commitment
- Demonstrated team management and leadership experience including conducting performance reviews, training, and development and motivational techniques
- A positive attitude towards change, challenging approach to existing work practices
- The ability to implement cost effective and efficient processes
- Self-motivated able to work on own initiative and with minimum supervision.
- Sees tasks through to completion and consistently achieves objectives and deadlines
- Excellent communication and stakeholder management skills
- Ability to keep abreast of regulatory changes within the industry that have an impact on the provision of market leading service
- Appropriate level of Professional Qualifications including CF1 / FA2
Please Note: We do not contact or write to unsuccessful candidates. If we have not contacted you within 48 hours of your application, you should presume that your application was unsuccessful. By applying for this vacancy, you are permitting for Oakley Recruitment to contact you and retain your details. In compliance with the regulations (April 2004) in place under the Employment Agencies Act, Oakley Recruitment will require proof of identification. A copy of your passport, birth certificate and NI number will be required, as part of your interview process.
Pension Manager in Birmingham employer: Oakley Recruitment
Contact Detail:
Oakley Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Manager in Birmingham
✨Tip Number 1
Familiarise yourself with the Pension Protection Fund (PPF) and the Financial Assistance Scheme (FAS). Understanding how these interact with your potential role will not only boost your confidence but also demonstrate your proactive approach to the interviewers.
✨Tip Number 2
Showcase your leadership skills by preparing examples of how you've successfully managed teams in the past. Highlight specific instances where you motivated your team or improved processes, as this aligns perfectly with the company's focus on collaboration and high standards.
✨Tip Number 3
Stay updated on the latest regulatory changes in the pension industry. Being knowledgeable about current trends and compliance requirements will set you apart as a candidate who is not only qualified but also genuinely interested in the field.
✨Tip Number 4
Prepare to discuss your analytical skills in detail. Be ready to explain how you've used data to identify issues and implement improvements in previous roles, as this is crucial for the Pension Manager position.
We think you need these skills to ace Pension Manager in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your significant pension management experience and any relevant qualifications, such as CF1 or FA2. Emphasise your leadership skills and ability to manage teams effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and your understanding of the Pension Protection Fund (PPF). Mention specific examples of how you've improved processes or delivered high-quality outcomes in previous roles.
Highlight Relevant Experience: In your application, focus on your experience with managing third-party supplier relationships and your familiarity with payroll functions. Be specific about your achievements in these areas to demonstrate your capability.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A well-presented application reflects your attention to detail, which is crucial for the role of Pension Manager.
How to prepare for a job interview at Oakley Recruitment
✨Showcase Your Analytical Skills
As a Pension Manager, you'll need to demonstrate your excellent analytical skills. Prepare examples of how you've reviewed and analysed data in previous roles, highlighting any issues you identified and the improvements you implemented.
✨Emphasise Leadership Experience
This role requires strong people and leadership skills. Be ready to discuss your experience in managing teams, conducting performance reviews, and motivating staff. Share specific instances where your leadership made a positive impact.
✨Understand Regulatory Requirements
Familiarise yourself with the relevant financial and tax regulations that affect pension management. During the interview, be prepared to discuss how you ensure compliance and keep up-to-date with regulatory changes.
✨Demonstrate a Positive Attitude Towards Change
The company values a positive attitude towards change. Think of examples where you've successfully adapted to new processes or challenges in your previous roles, and be ready to share these stories during your interview.