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Buck Pensions ‘Scheme Events’ Specialist in Bristol, United Kingdom

Description

BUCK - A 102-year-old firm that is JUST GETTING STARTED.

Pensions ‘Scheme Events’ Specialist – Pensions Operations - Bristol

Our Solutions:

We offer market leading Pensions Administration solutions to a wide portfolio of clients.

Our web-based and mobile-first platform provides participants with an enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library.

Our integrated administration platform includes case management, document management, and ad-hoc reporting to provide administrative staff with the productivity and efficiency tools they need to get the job done.

The role:

As a Pensions 'Scheme Events' Specialist in our Projects team, you will work with a range of pension projects specialists to deliver a high-quality service for new and existing Buck clients for all the UK offices.

You will possess experience working within pensions calculations, data analysis and will ideally have thorough understand of Defined Benefits (DB) / Final salary, Hybrid, CARE or Defined contribution (DC) schemes.

This is an excellent position which will provide the successful candidate with the opportunity to develop their technical skills with access to a variety of schemes to work with.

As the Pensions Scheme Event Specialist, you will be rewarded with genuine career progression opportunities and a very generous basic salary & benefits package.

The Pension Events Specialist will be responsible for the following projects;

  • Production of Annual Benefit Statements for DB (defined benefits) and CARE Schemes;

  • Production of SMPI Statements for DC (defined contribution) and AVC (additional voluntary contribution) schemes;

  • Producing and issuing Annual Allowance Statements;

  • Calculating and processing Annual Pension Increases;

  • Producing Letters and Mailings;

  • Running Valuation Extracts and Reports;

  • Reviewing and validating data.

Other key responsibilities:

  • Adhere to team standards, using best practices, project criteria and audit requirements;

  • Undertakes assigned work in a timely and accurate manor, delivering on agreed target dates;

  • Work closely with all teams (admin, consultancy, actuarial, PSD) to ensure work progresses seamlessly through to completion;

  • Supports department in delivering a high-quality service to our clients;

  • Analysis and interpretation of scheme rules and actuarial instructions;

  • Identifies process improvement opportunities and supports senior staff with implementation of them;

  • Retain high-level knowledge of legislation within the pension areas;

  • To peer review and ensure own work is peer reviewed as appropriate;

  • Support the achievement of the company Mission & Goals related to client service delivery;

  • Supports with resolution of errors and omissions and implements corrective and preventative procedures;

  • Takes ownership of service delivery to assigned clients;

  • Maintains up to date procedure guides/checklists and highlights enhancements and improvement opportunities;

  • Act as a subject matter expert regarding administrative procedures and helps to resolve problems of a complex nature;

  • Seek opportunities to develop and improve the service delivery for both existing and prospective clients.

What we look for:

  • Good understanding of DB (defined benefits), Hybrid or CARE Pension experience with good technical knowledge;

  • Strong final salary calculations experience;

  • Experience of DC or AVC scheme is also highly advantageous;

  • Understanding of pension scheme rules and actuarial instructions;

  • Intermediary to Advance Excel knowledge including pivots and VLOOKUP’s (is highly advantageous);

  • Strong analytical and problem-solving skills;

  • Ability to work productively as a team member and experience of working in a project team;

  • MS Office (Word/Excel/Outlook) experience;

  • Strong communication skills both verbal and written;

  • Ability to take responsibility for quality of own work and using their initiative;

  • Able to build constructive working relationships characterised by a high level of acceptance, cooperation, and mutual respect.

Why Buck:

As an established company with a start-up mentality we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.

What we offer:

  • Highly competitive salary;

  • Minimum 25 days annual leave (excluding Bank holidays) with the option to purchase additional (10 days) or sell back (5 days);

  • Private Medical cover including partner / spouse and children (at additional cost);

  • Excellent Defined Contribution pension provisions;

  • Comprehensive Life Assurance coverage up to 6 times base salary);

  • Interest free season ticket loan;

  • Company profit sharing scheme (company bonus)

  • Gym subsidy;

  • Staff referral scheme;

Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering; additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Health screening, Critical Illness cover plus many more.

At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.

We are exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.

Qualifications

Behaviors

Required

  • Enthusiastic: Shows intense and eager enjoyment and interest

  • Functional Expert: Considered a thought leader on a subject

  • Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Motivations

Required

  • Entrepreneurial Spirit: Inspired to perform well by an ability to drive new ventures within the business

  • Growth Opportunities: Inspired to perform well by the chance to take on more responsibility

  • Work-Life Balance: Inspired to perform well by having ample time to pursue work and interests outside of work

Experience

Required

  • 4-5 years: Scheme events work
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