At a Glance
- Tasks: Join our Technical team to analyse pensions legislation and ensure compliance.
- Company: Sammons Recruitment Group is dedicated to promoting diversity and talent in the workplace.
- Benefits: Enjoy a hybrid work model and potential for corporate perks.
- Why this job: Make an impact in pensions compliance while working collaboratively in a dynamic environment.
- Qualifications: Degree level education and five years' experience in DB pensions required.
- Other info: Refer a friend and earn up to £250 through our referral scheme!
The predicted salary is between 43200 - 72000 £ per year.
An exciting opportunity has arisen to join our in-house Technical team. This role focuses on both business as usual work and more specific tasks such as ensuring compliance with all pensions-related regulatory obligations.
About the role:
- Analysing new, and changes to existing, pensions legislation, regulations and guidance (covering both Defined Benefit and Defined Contribution) and advising the Technical and Compliance Manager of any potential impact.
- Researching technical queries (DB and DC) raised by internal and external stakeholders, identifying and gathering all relevant information, liaising with external advisers where appropriate and drafting responses.
- Assisting the Technical and Compliance Manager in ensuring compliance in all areas of regulation and legislation.
- Carrying out compliance activities such as monitoring and reporting breaches of the law.
- Liaising with internal and external stakeholders as required.
- Taking responsibility for:
- the completion and checking of regulatory Scheme Reporting, including the Annual Scheme Return and Scheme Event Report.
- the production and issue of Annual Allowance Pension Savings Statements.
- the annual Group Life Assurance renewal exercise and carrying out a provider review as requested by the Trustee.
- the triennial Actuarial Valuation and Actuarial Funding Review (non-valuation year), including monitoring the timetable, data submission, liaising with internal and external stakeholders, obtaining the results and final reports.
- Assisting with the production and execution of formal Scheme documents such as Trust Deed and Rules. Liaising with internal and external stakeholders, obtaining relevant approvals, answering queries, and ensuring documents are executed within required timescales.
About you:
- Education to degree level or equivalent qualification or equivalent experience.
- Five years' DB pension and administration experience.
- Broad knowledge of regulatory and compliance obligations from pension legislation, regulations and The Pensions Regulator (TPR).
- Computer literacy.
- Customer focus.
- Strong written and oral communication skills.
- Self-motivation.
- Strong attention to detail.
- Positive attitude to change.
- PMI qualifications or equivalent.
- Three years' DC pension and administration experience.
- Experience of Master Trust supervision or liaising with TPR.
- Experience of project management.
Ability to:
- Progress work using initiative and exercising judgement.
- Interpret complex documents (Scheme Rules and pensions legislation) and understand how they apply in practice.
- Work independently and identify when it is appropriate to escalate work for approval.
- Research complex matters and apply that research to relevant situations.
- Produce work to a high standard with attention to detail.
- Communicate effectively and appropriately to various stakeholders with different degrees of knowledge.
- Meet deadlines and perform effectively under pressure.
- Work effectively as part of a collaborative team.
Please quote reference 89961.
If you know someone suitable for this role, share the word and through our referral scheme receive up to £250!
This is just one of the many roles we are working on at the Sammons Recruitment Group. Please visit our website for full details on all Permanent, Temporary and Contract career opportunities we are actively seeking candidates for.
Recruiting on the basis of Talent, we are committed to supporting and promoting diversity in the workplace and consider all applications.
Any salary advertised is for search purposes only. If you have not heard from us within 7 days you will have not been successful on this occasion, however, we would welcome your application for alternative vacancies.
Senior Technical Analyst employer: www.sammons.co.uk
Contact Detail:
www.sammons.co.uk Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Technical Analyst
✨Tip Number 1
Familiarise yourself with the latest pensions legislation and regulations, especially those related to Defined Benefit and Defined Contribution schemes. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in this field.
✨Tip Number 2
Network with professionals in the pensions industry, particularly those who have experience with The Pensions Regulator (TPR). Engaging in discussions or attending relevant events can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've handled compliance activities or regulatory reporting in your previous roles. Being able to articulate your experience clearly will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to work collaboratively by highlighting any team projects you've been involved in, especially those that required liaising with multiple stakeholders. This will demonstrate your teamwork skills, which are crucial for this role.
We think you need these skills to ace Senior Technical Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in DB and DC pensions, compliance obligations, and any project management skills. Use specific examples to demonstrate your expertise in analysing legislation and regulations.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with regulatory compliance and stakeholder communication.
Highlight Key Skills: Emphasise your strong written and oral communication skills, attention to detail, and ability to work under pressure. These are crucial for the Senior Technical Analyst role, so provide examples of how you've successfully demonstrated these skills in past positions.
Proofread Your Application: Before submitting your application, thoroughly proofread all documents to ensure there are no spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which is essential for this role.
How to prepare for a job interview at www.sammons.co.uk
✨Know Your Pensions Legislation
Make sure you brush up on the latest pensions legislation, especially around Defined Benefit and Defined Contribution schemes. Being able to discuss recent changes and their implications will show your expertise and preparedness.
✨Demonstrate Your Analytical Skills
Prepare to showcase your analytical abilities by discussing past experiences where you've successfully interpreted complex documents or regulations. Use specific examples to illustrate how you approached these challenges.
✨Highlight Your Communication Skills
Since the role involves liaising with various stakeholders, be ready to demonstrate your strong written and oral communication skills. You might want to prepare a brief explanation of a technical topic in simple terms to show your ability to communicate effectively.
✨Showcase Your Attention to Detail
Attention to detail is crucial in this role. Be prepared to discuss how you ensure accuracy in your work, perhaps by sharing a specific instance where your attention to detail made a significant difference in a project or compliance task.