Pension Specialist (Hybrid Working)
Posted 5 days ago by 4Recruitment Services
£38 Per hour
Undetermined
Hybrid
London
Summary: The Pension Specialist role in Hammersmith and Fulham involves managing the employer process for the pension fund, including the onboarding and offboarding of employers. The position requires technical expertise in LGPS legislation and entails coordinating with legal advisors, actuaries, and external stakeholders to ensure compliance and effective management of pension-related matters. The role is hybrid, requiring two days in the office, and offers a competitive hourly rate.
Key Responsibilities:
- Manage the end-to-end employer process for the pension fund.
- Act as a technical reference point for LGPS legislation.
- Assist in managing audits, valuations, and legal and actuarial relationships.
- Coordinate with legal advisors to finalize admission agreements and Bonds or Guarantees.
- Work with the actuary to provide necessary reports for new fund employers.
- Identify and manage risks associated with new fund employers.
- Ensure tender documents reflect LGPS requirements for staff subject to TUPE transfer.
- Liaise with contract managers to address pension implications in new service contracts.
- Coordinate with external stakeholders for the execution of admission agreements and bonds.
- Manage all pension aspects of TUPE, including onboarding members and resolving queries.
Key Skills:
- In-depth knowledge of LGPS legislation.
- Experience in managing pension fund processes.
- Strong coordination and project management skills.
- Ability to liaise effectively with legal and actuarial professionals.
- Risk management capabilities.
- Excellent communication skills.
- Experience with TUPE transfers and related pension implications.
Salary (Rate): £37.96/hour
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
Pension Specialist
Hammersmith and Fulham - Hybrid Working (2 days in Office) £37.96 ph Full Time
To fully manage the Fund employer process end to end of employers leaving and joining the Fund. To assist the team by being a technical reference point for LGPS legislation and assist in managing audits, valuations and legal and actuarial relationships.
You will need to:
- To coordinate and manage the pension Fund’s legal advisors to confirm and finalise the content of admission agreements and Bonds or Guarantees.
- To coordinate and manage the pension Fund’s actuary to provide reports and associated information required for the setting up of new fund employers.
- To identify, analyse and manage risks associating with the setting up of a new fund employer.
- To work closely with those who are letting commercial contracts to ensure that tender documents accurately reflect the requirements of the Local Government Pension Scheme (LGPS) related to those staff subject to TUPE transfer.
- To liaise with contract managers at London Borough of Hammersmith and Fulham to ensure that full consideration is given to pension implications ahead of new service contracts being let.
- To coordinate and manage with external stakeholders including banks and third-party directors to enable the execution of admission agreement and bonds.
- To coordinate and manage all pension aspects of TUPE, including liaising with the pension provider for seamless onboarding of members and the resolution of complex queries as appropriate.
To find out more information please contact Recruitment is done in line with safe recruitment practices. We are an equal opportunity agency