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This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. The role holder will also be responsible for providing strong technical knowledge which ensures that transitions and member benefit data structures are embedded into our process and beyond. Through consistency and structure in our set up, we maximise efficiency, provide clarity to all area's involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.
Job Responsibility
Produce consistent benefit specification documentation for all new transactions
From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced
Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team
Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables
Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity
Support GMP Equalization work by preparing templates when required
Requirements
Excellent Defined Benefit technical knowledge
Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail
Good organisational and prioritisation skills
Good verbal, written communication and interpersonal skills
Good analytical and issue resolution skills
An understanding of project management would be beneficial, but not essential
An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential
Nice to have
An understanding of project management would be beneficial
An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial
What we offer
A competitive salary, pension scheme and life assurance
25 days annual leave plus an additional day on us for your birthday
Private medical cover and income protection, just in case
A generous and highly achievable bonus scheme
Opportunities to progress your career in-role and within the company
Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
A variety of employee funded benefits available via our online benefits portal
Plus, several additional purchase options available for you and your loved ones