Pension Specialist

This contract with our Nuclear client is for a Pension Specialist for 18 months based in Bristol. The pay rate to candidate is £280 PD.  

The main duties and responsibilities would be to:  

• Work as part of the pensions team, reporting to the Head of Pensions  

• Act as a specialist support for the management of their ESPS DB pension scheme with a particular focus on projects delivery  

• Ensure the smooth running of the different pension schemes operated for their employees.  

• Governance, communication and engagement  

• Coordinate Trustee board and sub-committee meetings including acting as Secretary to the admin sub-committee, and preparing reports and briefings for the Trustee as needed  

• Support the delivery of Trustee governance for ESPS scheme, including regularly reviewing the risk register in partnership with the Governance and Audit Committee.  

• Draft member communications and presentations with the opportunity to present to members or their Boards on areas of relevant expertise.  

• Support the payroll change programme, working closely with the incumbent and new provider to ensure a smooth transition. This will include reports and data integrity testing.  

• Support the delivery of industry wide projects, such as GMP equalisation/equalisation, Pension Dashboard for the ESPS scheme  

• Work closely with the third part administrator and Head of Pensions to ensure effective delivery of services, including management of escalations of queries and complaints.  

• Manage the risk benefits renewal, in partnership with the advisors and colleagues in the NDA team with a key focus to improve the robustness and efficiency of the process  

• Perform administration and Ad-hoc activities including support the monthly payroll element reports, contribution and change report files for the various pension schemes.  

• Work as part of the team to support the preparation and maintenance of budgets, including invoices, as and when needed.

• Strong Pensions experience  

• A collaborative team player who will work with the HR, Finance and Audit teams to ensure that the pension arrangements are governed effectively  

• Prior experience in a pensions delivery role – (Ideally Guaranteed Minimum Pensions GMP)  

• A focus on delivery, demonstrating resourcefulness and purpose to deliver the best results for varied stakeholders.  

• The ability to work flexibly and to deadlines.  

• Good communication skills with demonstrated ability to build relationships and establish credibility with other parts of the HR function as well as the pension trustees  

• Ability to work in a team environment in an autonomous manner.  

• Experience of working with external suppliers to ensure their delivery  

• A recognised pensions qualification is preferred