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Pensions technical specialist

Welwyn
Permanent
Technical specialist
Posted: 18h ago
Offer description

About the role At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support. Seeking a highly skilled DB Pension Specialist to join our team. The ideal candidate will have a deep understanding of the technical operational aspects of pension schemes, regulations, and industry best practices. This role involves providing expert advice, managing complex pension calculations, and ensuring compliance with relevant legislation and future changes. You will be responsible for Pensions Scheme Management: Manage pension scheme documentation, including trust deeds, rules, and policies and processes. Monitor legislative changes and ensure compliance with pension regulations. Pension Calculations and Advice: Calculate pension entitlements, lump sums, and tax implications. Provide expert advice to employees on pension options and choices. Assist with pension transfers and consolidations. Deal with complex member queries and any issues that may arise Act as a referral point for more complex technical matters Data Analysis and Reporting: Analyse pension data to identify trends and potential issues. Prepare accurate and timely pension reports for management and regulatory bodies. Ensure data integrity and security throughout the operations team. Assist with system configuration and automated calculation updates You will need Technical Expertise: DB experience Strong and thorough knowledge of the UK pensions legislation framework Strong understanding of pension scheme administration and operations. Ability to business impact assess technical changes to the pension scheme operation Analytical Skills: Ability to analyse complex pension data and draw meaningful conclusions. Strong problem-solving and decision-making skills. Communication Skills: Excellent verbal and written communication skills to explain complex pension concepts clearly. Ability to build rapport and trust with clients and colleagues. LI-FC LI-Hybrid What’s in it for you We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more! Annual bonus scheme of up to 10% of base salary Holiday starting at 25 days plus a personal day (plus Bank holidays) 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6 weeks fully paid paternity leave Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing About us Tesco has become a market leader by doing the little things that really matter for our customers and colleagues. It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year. We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers. But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business. We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date. For more information about us please visit www.tescoplc.com VP25 Proud member of the Disability Confident employer scheme Disability Confident About Disability Confident A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident .

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