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Pensions Administration Manager
Senior Consultant
Bristol
Hybrid
Full Time
Permanent
Ref: 002738
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
Our Pensions Administration business continues to grow and we are now looking for an experienced Pensions Administration Manager to join our vibrant Bristol office with hybrid working. This is a new and exciting role best suited for someone from a similar Pensions Manager role with extensive experience and knowledge of DB pension schemes, pension legislation, and managing a portfolio of clients.
The Role
As a Administration Manager with XPS you will:
* Lead the provision of pensions administration services for the assigned XPS Administration client portfolio.
* Oversee day-to-day management of client relationships with trustees and corporate clients, and participate in trustee and client meetings where applicable.
* Actively participate in XPS Administration's marketing initiatives, new business activities, attending new business pitches and company events. Seek opportunities to generate additional income from the existing client portfolio.
* Provide expert advice solutions to pensions queries and pensions consultative advice; keeping abreast of technical and legislative developments within the pensions industry.
* Oversee project management of annual and ad-hoc projects such as renewals, benefit statements, pension increases, scheme returns, and trustees' reports and accounts, ensuring projects are fully monitored and completed in line with customer and legislation requirements.
* Mentor less experienced colleagues in the team.
* Take responsibility for all aspects of admin billing, ensuring all recorded admin time is billed or accrued by the monthly deadline.
* Present technical matters at team meetings.
* Lead non-client activities, conduct internal audits, and implement changes for quality improvement in pensions administration processes.
* Manage the total workflow of the team.
* Identify team objectives or necessary changes in line with business needs, and implement appropriate actions.
* Contribute positively to regular management meetings, implementing any recommendations or decisions made.
* Handle formal staff management responsibilities including performance monitoring, appraisals, and recruitment related activities.
* Forge strong working relationships with other departments/teams both internal and external to the Company.
* Ensure accurate updating on the time recording system for both chargeable and non-chargeable activities.
Your Profile
Essential Criteria
* Previous pensions administration experience of Defined Benefit schemes.
* Thorough knowledge of pensions legislation framework.
* Previous supervisory, leadership, and management experience.
* Third party pensions administration experience preferred.
* Previous presentational experience is desirable.
* Able to demonstrate a numerical aptitude.
* Previous project management experience.
* IT proficient in Microsoft Word, Excel, Outlook & PowerPoint.
What We Offer:
* Competitive salary
* Participation in annual discretionary Bonus Scheme
* 25 days holiday plus flexibility to buy or sell holiday
* Flexible Bank holidays
* Pension scheme, matching contribution structure
* Healthcare cash plan
* Flexible Benefits Scheme
* Life Assurance cover
* XPS Rewards
* Employee Assistance Programme
* Access to a digital GP service
* Paid volunteering day
* Staff referral scheme
What Next:
If you feel XPS could be the next step on your career ladder, please apply directly via the links provided. We will consider all applicants and respond swiftly.
The successful candidate will need to demonstrate the following requirements:
* Right to Work confirmation
* DBS Disclosure check
* Employment or educational references covering five years
* Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued.
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