At a Glance
- Tasks: Design and maintain a control monitoring framework for pensions administration.
- Company: Join Railpen, a leader in pension fund management with a collaborative culture.
- Benefits: Competitive salary, 28 days leave, generous bonuses, and private medical insurance.
- Why this job: Make a real impact in a regulated industry while leading a small team.
- Qualifications: Experience in control assurance and strong analytical and communication skills.
- Other info: Enjoy hybrid working, flexible leave options, and a commitment to diversity.
The predicted salary is between 36000 - 60000 £ per year.
An exciting newly created opportunity for an Assurance Manager – Member Services to join our first line Assurance and Standards team, on a permanent basis, based in our Darlington office (hybrid working). Railpen 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.
As the Assurance Manager – Member Service, you will be responsible for designing and maintaining a control monitoring framework that spans all aspects of pensions administration, including highly complex and manual processes. You will also ensure the controls required to support compliance with the General Code of Practice and other regulatory guidance from The Pensions Regulator are included within the monitoring framework. As part of this role you will be responsible for the end‑to‑end delivery of the annual AAF 01/20 Internal Control report, including coordination with internal teams and service auditors. Collaboration with second and third line teams to align assurance activities and share insights, is key for this role.
The successful candidate will have proven experience in a control assurance environment. Previous experience of working within a regulated industry is key for this role. We are looking for someone with excellent analytical, communication, collaboration and stakeholder management skills. You will have the ability to constructively challenge assumptions and established practices whilst coaching and leading a small team.
What we can offer you:
- A competitive salary (depending on experience)
- 28 days annual leave plus bank holidays
- Generous annual bonus plan
- 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 pay
- 4x Life Assurance cover
- Private Medical Insurance
- Employee assistance programme
- Health cash plan
We support hybrid and flexible working along with very generous family leave including 12 months full pay maternity leave and 6 months full pay paternity leave. Additional benefits include:
- Buy and sell holidays
- Give as you earn scheme
- Flexible half days leave
- Electric vehicle leasing
- Cycle to work scheme
If you would like to apply, please click on the apply button or visit our Careers Page by 19th January 2026.
Railpen is committed to creating an inclusive and diverse environment, we value diversity and welcome people from all backgrounds and walks of life.
Assurance Manager employer: Railpen
Contact Detail:
Railpen Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assurance Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Railpen or similar companies. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research Railpen’s values and recent news. Tailor your answers to show how your experience aligns with their mission and the Assurance Manager role.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources. The more comfortable you are talking about your skills and experiences, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Assurance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assurance Manager role. Highlight your experience in control assurance and any relevant skills that match the job description. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit. Don’t forget to mention your analytical and stakeholder management skills!
Showcase Your Experience: When detailing your experience, focus on your work within regulated industries and any specific achievements in control monitoring frameworks. We love seeing concrete examples of how you've made an impact in previous roles.
Apply Through Our Website: We encourage you to apply through our Careers Page. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Railpen
✨Know Your Stuff
Make sure you understand the key responsibilities of the Assurance Manager role. Brush up on your knowledge of control assurance, regulatory compliance, and the specifics of pensions administration. Being able to discuss these topics confidently will show that you're serious about the position.
✨Showcase Your Experience
Prepare examples from your past work that highlight your experience in a regulated environment. Think about times when you successfully designed monitoring frameworks or led teams. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Ask Smart Questions
Interviews are a two-way street! Prepare thoughtful questions about Railpen's approach to assurance and how they collaborate with other teams. This not only shows your interest but also helps you gauge if the company culture aligns with your values.
✨Be Yourself
While it's important to be professional, don't forget to let your personality shine through. Railpen values diversity and inclusion, so being authentic can help you connect with your interviewers. Show them who you are beyond your CV!