The successful candidate will play an essential role in leading high profile buy in and buy out projects and will act as the lead administration contact during the project delivery phase. They will ideally have a strong broad understanding of the various delivery streams across a pensions administration service and a strong background in final salary pensions administration or buy-ins and buy-outs. Money purchase knowledge is also an advantage. They will need to be able to co-ordinate and provide guidance across multiple workstreams and the ability to understand and explain complex issues.
The Role
1. Responsible for new Insurance buy in and buy out projects, being a key point of contact for the client, attending regular transition calls/meetings with the client and as required the ceding third party administrator
2. Involved in the review and sign off of proformas for retirement and death calculations, including test packs and oversee the automation process working closely with the Technology team.
3. Document procedures and establish controls for new clients during transition process ensuring that lessons learned from previous transitions are incorporated
4. Work on ad hoc client chargeable projects as required
5. Identify and efficiently resolve issues, putting forward solutions which will enable projects to be effectively delivered in accordance with client requirements
6. Gain a good understanding of the Outsourcing administration business, service initiatives and project delivery impact on profitability