Senior Pension Operations Analyst

Senior Pension Operations Analyst

Full-Time 45000 - 55000 £ / year (est.) No working from home possible
PVH (Tommy Hilfiger/Calvin Klein)

At a Glance

  • Tasks: Collaborate with teams to enhance pension operations and ensure exceptional service for policyholders.
  • Company: Join a leading financial services company committed to integrity and customer satisfaction.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Other info: Diverse workplace with opportunities for growth and learning.
  • Why this job: Make a real impact in the pensions sector while developing your skills and expertise.
  • Qualifications: Experience in pensions administration and strong analytical skills required.

The predicted salary is between 45000 - 55000 £ per year.

Role

Purpose: The role requires the ability to effectively collaborate with Risk / Transitions / Finance to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.

To apply knowledge and insights concerning the Customer Operations and how this impacts our policyholders.

To deliver strong business outcomes relating to capital, profitability, the Company brand and market reputation whilst achieving positive outcomes to our policyholders, shareholders, and trustees on a consistent basis.

Our Company values are expected to be reflected in the delivery and performance of every role.

Specific accountabilities assigned to the role of Senior Pension Operations Analyst within the Customer Operations:

  • Supporting the Pension Services Oversight Manager, Pension Services TPA Manager and Pension Services Technical Manager to maintain oversight of PIC's Third Party Administrators to ensure PIC Policyholders always receive exceptional customer service, ensuring they are meeting their KPI's and other commitments
  • Collaborates with Third Party Administrators on complex calculations and answers complex pension services queries
  • Provide oversight and quality auditing of pension services processes, including but not limited, to Pension Increases, DSARs, overpayment policy, high value payment approval, identifying trends, training opportunities and process improvements
  • Provide oversight and auditing of our Third Partner Administration partners process guides to ensure adheres to PIC policies/procedures and pensions legislation, and robust process controls in place
  • Ensure our Third Party Administration partners are understanding and working within PIC guidelines and processes for Consumer Duty
  • Attends and participates in supplier meetings with our Third Party Administration partners
  • Support data collation and input to internal and external auditor requests
  • Supporting the Pension Services Oversight Manager, Pension Services TPA Manager and Pension Services Technical Manager to maintain oversight of Buy In scheme Trustee Administrator's funding requests, calculation checks and support for responding to miscellaneous requests, ensuring a high level of service to the scheme Trustee
  • Liaises with internal teams, such as Transitions, Actuarial and Payroll to deliver a high standard of service for Trustees in relation to new Buy in Scheme risk transfer
  • Providing pension technical expertise, with the ability to interpret rules and legislation
  • Produces inputs into MI and reports for PIC Senior Management
  • Helps identify and implement process improvements/efficiencies in PICs administration model
  • Undertakes ad-hoc project work as required, managing work streams and making sure timescales are met
  • Liaise with regulatory bodies such as the Financial Ombudsman Service
  • Takes ownership for their own learning and development in both technical (e. g. data analysis and critical judgement) and non-technical (self-insight and relationship management) skills of Pension Services Team
  • Provides knowledge and insights concerning the Customer Operations function and how this impacts our policyholders

Conduct Rules

  • You must act with integrity
  • You must act with due skill, care and diligence
  • You must be open and cooperative with the FCA, the PRA and other regulators.
  • You must pay due regard to the interests of customers and treat them fairly.
  • You must observe proper standards of market conduct
  • You must act to deliver good outcomes for retail customers

PIC operates within the financial services industry and, therefore, is regulated by the FCA (Financial Conduct Authority) and the PRA (Prudential Regulation Authority).

It is a requirement for all PIC employees to demonstrate a good understanding of the regulatory framework and how it applies to the Company.

Knowledge

  • Good technical knowledge of defined benefit pension schemes
  • Established knowledge of Pensions Administration processing, especially in relation to defined benefit pension schemes
  • Established knowledge of pensions legislation and its application to pensions administration
  • Established knowledge of complex manual pension calculations
  • Familiar with pensions buy-ins & buy-outs and transitions process

Skills

  • Strong organisational & communication skills
  • Strong numerical skills Strong attention to detail
  • Ability to persuade and influence both directly and indirectly
  • Ability to organise work to meet deadlines
  • Ability to work within defined procedures as recommended by functional teams
  • Effective collaboration with key stakeholders
  • Good working knowledge of MS Access, MS Power Point, MS Word
  • Good level of Microsoft Excel competency (intermediate) with a keen desire to develop existing knowledge

Experience

  • Experience working in defined benefit pensions administration
  • Experience of delivering excellent customer service when dealing with external and internal stakeholders

DE&I at PIC At PIC, we believe that true innovation stems from embracing diverse perspectives, bac

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Senior Pension Operations Analyst employer: PVH (Tommy Hilfiger/Calvin Klein)

Intapp is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the accounting and consulting sectors across EMEA. With a strong commitment to employee growth, Intapp provides ample opportunities for professional development and leadership coaching, ensuring that team members thrive in their careers while contributing to the company's strategic vision. The culture is built on accountability and high performance, making it an ideal place for those looking to make a significant impact in a rapidly evolving industry.

PVH (Tommy Hilfiger/Calvin Klein)

Contact Details:

PVH (Tommy Hilfiger/Calvin Klein) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Pension Operations Analyst

Tap into Campus Networks

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We think you need these skills to ace Senior Pension Operations Analyst

Collaboration Skills
Pensions Administration Knowledge
Customer Service Excellence
Data Analysis
Regulatory Knowledge (FCA, PRA)
Complex Pension Calculations
Process Improvement

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.

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How to prepare for a job interview at PVH (Tommy Hilfiger/Calvin Klein)

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 PVH (Tommy Hilfiger/Calvin Klein).

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 PVH (Tommy Hilfiger/Calvin Klein) 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 PVH (Tommy Hilfiger/Calvin Klein) 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.