The Vacancy
Our Third Party Administration (TPA) department is a dynamic administration team with a varied portfolio of clients. They play a key part in providing our clients and members with a market-leading service on Defined Benefits (DB), Defined Contribution (DC) and CARE pension arrangements.
We currently have an exciting opportunity to join this department as an Administration Consulting Analyst, within our Data Journey team in our Birmingham, Edinburgh or Glasgow Office.
What will your role look like?
You will support the delivery and successful implementation of pensions administration projects for both new and existing clients across our national Third-Party Administration function. This involves working closely with internal client teams to fully understand project requirements, analyse operational needs, and help define the overall scope and approach for each project.
Though this is a varied role, your key tasks will include:
1. Delivers assigned pensions administration related services and projects to a portfolio of TPA client projects.
2. Acts as a point of reference on non-standard project cases.
3. Supports new business activities to acquire new project and bespoke client admin work, as appropriate.
4. Completes all tasks in accordance with project plan timescales.
5. Committed to continuous improvements in the delivery of work.
6. Monitors time spent to ensure profitability of assignments.
7. Adheres and contributes to the professional standards and quality systems of the firm e.g. peer review process, model quality and other best practice notes, advice and practice frameworks.
8. Accountable for drafting and reviewing project reports and presenting results and recommendations to Hymans colleagues or directly to clients.
To enjoy and succeed in this role, you will have:
9. Experience working in pensions operations and administration in the UK.
10. Detailed and up to date knowledge of legislation relating to both DB and DC pension arrangements.
11. Experience of data cleanse and rectification exercises plus undertaking complex calculations.
12. Excellent IT skills (includes Microsoft Word, PowerPoint plus a knowledge of different Pension Administration Systems).
13. Strong analytical skills with high attention to detail and accuracy.
14. Experience of managing projects to deadlines, high quality standards, scope and cost.
15. Strong communication skills demonstrated in the ability to engage with clients, colleagues and peers successfully across different functions and levels within the organisation nationally.
16. Able to effectively present and communicate complex findings and make recommendations to scheme trustees and non-technical audiences.
Ideally, we would be looking for candidates to hold a professional qualification such as Associate Membership to the Pension Management Institute (or be working towards this). However, we would also be open to applications from candidates who could bring a knowledge of the UK pensions market from relevant industry experience.
We would also encourage applications from candidates who perhaps do not possess all the attributes and experience listed above but are competent with the majority and would be able to quickly develop the additional skills and experience required in post with our full support. We would also love to hear about other knowledge and experience you may have that is not listed but could be of interest.
Please note that as part of the recruitment process for this opportunity, candidates will be expected to complete a pensions knowledge test.
In addition to a competitive salary and access to our profit share scheme, we offer:
17. A flexible selection of employee benefits, so you can choose a package that best matches your lifestyle and needs.
18. A collaborative and encouraging work environment where your thinking and ideas are encouraged.
19. On site mental health and wellbeing assistance.
20. A commitment to helping you develop both personally and professionally, with mentoring opportunities and access to our award-winning learning portal, Aspire.
21. Regular social activities, in addition to three days paid volunteering leave each year and a day’s leave to celebrate your birthday.
22. Hybrid working so you can enjoy the positive wellbeing of working from home as well as the benefits of meeting colleagues in our sociable, modern office environments – with the expectation of two ‘in-office’ days per week.
23. A flexible working window, allowing colleagues the freedom to work flexibly between the hours of 7am and 7pm.
Please note, we recruit on a rolling basis so early applications are recommended to avoid disappointment.
We are committed to being open and transparent in our recruitment and reward processes. Please note that this vacancy does not currently meet the minimum salary threshold requirements for Skilled Worker sponsorship within the UK.
To avoid any disappointment, if you require sponsorship we would encourage you to check whether you may be eligible for a discounted salary threshold, or to explore alternative routes to secure your right to work in the UK before submitting your application. If you meet the criteria outlined in the job description we’ll be happy to discuss your individual circumstances further with you.