Buck Team Leader - Pensions Administration in Manchester, United Kingdom
Pensions Administration - Team Leader
At Buck, we’re focused on helping our clients create a culture of wellbeing, centered around the evolution of each person’s health, wealth, and career.
Leveraging strong client relationships with key decision makers, our teams deliver exceptional results that confidently push the envelope with unexpected solutions to help our clients accomplish their objectives faster and keep them ahead of the curve.
Not surprisingly, we embrace inventive thinkers, who make original contributions to the team. We put people first — our people and our clients’ people, and our inclusive and welcoming culture celebrates diversity and individuality.
Explore your next career move with Buck today!
Team Leader (Pensions Administration)
We have an excellent ‘new’ opportunity for a Pensions Administration Team Leader in our Manchester office.
To manage a team administering occupational pension schemes in accordance with contracts to the required standards and deadlines.
To deliver quality standards and service level targets through effective performance management.
Responsible for the administration service for a portfolio of occupational pension schemes plus the people management responsibility for a team of staff.
Leading continuous improvement and enhance the contribution made by the department to the overall development of the business model.
80% of time should be based on active management of the team, having a thorough understanding of what the team need to be working on and how improvements can be implemented;
20% of the time should be based on checking more complex work;
Ensure errors and complaints are handled effectively and in accordance with agreed process with remedial action implemented to ensure no re-occurrence;
Inspire, motivate, coach and develop individuals to achieve outstanding performance through personal leadership style and behaviour;
Assist team members as required and provide support to Administration Manager including deputising in their absence;
Attendance at Trustee and ad-hoc client meetings;
Accountability for team's pensioner payrolls, pension increases and responsibility to ensure all team's projects and disclosure requirements are completed by the respective deadlines;
Management of Trustee bank accounts;
Management of investment of contributions;
Assisting the client account manager with any documentation they require with carrying out their responsibilities;
Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information provided to billing manager to ensure work is invoiced in line with the administration client service agreement accurately and in a timely manner;
Carry out such other duties and take on additional responsibilities as may be agreed from time to time;
Monitor staff performance and progress against goals, addressing any concerns and implementing improvement plans if necessary.
Minimum of 7 years’ experience of occupational pension scheme administration.
Extensive experience of working with different occupational pension schemes.
APMI or good progress towards completion is desirable but not essential.
Confidence to challenge procedures to identify process improvements.
Identify and mitigate risks to the business by applying appropriate level of technical expertise and knowledge of products, procedures services and systems.
Ability to use data/metrics from the various systems to improve performance and efficiencies.
Knowledge to perform and check complex manual calculations.
Ability to break down and explain complex calculations in simple terms.
Promptly and professionally communicate with clients and scheme members on queries when required via letter, e-mail and telephone
Develop a culture of continuous improvement focused on enhancing the end to end customer experience.
The desire to ensure the team always provides exceptional customer service.
Accountability to our clients, the members and management of the business.
Strong working knowledge of Pension administration systems.
Why join Buck:
Excellent client exposure from day one – we are looking for an experienced individual who is comfortable owning and leading client relationship.
Unrivalled Leadership team – Our Retirement practice is led by a qualified and experienced ‘’functional experts’ who are all qualified member of the Institute & Faculty of Actuaries Institute.
Our Pedigree - we are an industry leading mid-tier Consultancy with a history dating back over 104 years.
Diversity of Clients – we work with leading UK and International corporations, across a variety of sectors and industries, where no two are the same!
We are Client focused – unlike some of our competitors, we offer bespoke and tailored solutions to our clients, not a one size fits all solution.
Your Career is our motivation – working as part of a small but highly collaborative team, you get the level of responsibility and client exposure rarely experienced working for some of our larger competitors. At Buck, we pride ourselves on providing excellent support at all level to drive your ambitions and career development goals.
Our commitment to you as a Buck employee – we offer a competitive base salary & comprehensive benefits package; are committed to providing a highly collaborative, stimulating, sociable working environment and are committed to flexible working and diversity & inclusion.
What we offer:
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.
Highly competitive salary;
Minimum 25 days Annual leave (excluding Bank holidays) plus Holiday trading - (10 days – buy option) or (5 days – sell option);
Private Medical cover including partner / spouse and children;
Health-checks / Screening
Excellent Defined Contribution pension provisions;
Comprehensive Life Assurance coverage;
Company bonus scheme:
Interest free season ticket loan;
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, 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.