Pensions Project Manager, IPS
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.
Job Description
Overview
The Fee for Service Manager you will support the Senior Manager delivering a wider range of various ad-hoc pension technical projects that sit outside of the BAU pension administration activities to DB, DC and Hybrid occupational pension schemes.
You will be responsible for leading the team and effectively and efficiently deliver external client project work agreed with trustees/clients whilst working with various teams to ensure the implementation of these projects is met on time and in budget.
You will work with the Client Partnership Team to ensure that projects are appropriately scoped, costed, priced and contracted. This will include scope analysis and the creation and maintenance of plans for delivery.
Key Accountabilities and main responsibilities
Strategic Focus
- Plan, manage and deliver pension projects to clients for fee for service. This includes managing key stakeholders, project team, timelines, budgets and reporting
- Develop and maintain a wide range of key effective working relationships with the Trustees and their advisors
Operational Management
- Develop detailed schedules and documents to track progress and measure project performance using appropriate systems, tools and techniques, using Retirement Solutions standards developed by the Value Office where appropriate.
- Proactively review projects against defined scope and delivery agreed with clients and manage changes in project scope, budgets and identify potential issues.
- Review client needs and analyse the impact to design appropriate implementation processes, along with specifying, monitoring and analysing MI.
- Oversee the build of proformas and other calculation solutions considering scheme rules and legislative knowledge.
- Handle key aspects of all assigned client agreed projects including pension revisions, member communications, record updating, data entry and data analysis.
- Produce relevant and accurate pensions calculations, whilst utilising the various IT systems
- Attend client/trustee meetings regularly to update on delivery.
People Leadership
- Managing a team of senior administrators, you will be required to perform end-to-end performance cycle activity - goal setting, performance reviews etc.
- Participate in selection processes as required.
- Identify related training needs and work with senior managers to develop the relevant procedure manuals.
Governance & Risk
- Peer review of complex calculations as required, interpreting the rules of the schemes and other documentation.
- Work with a combination of teams across the function, whilst managing the risk management documentation to minimise project risks.
- Identify and implement improvements as part of the process of continual improvement to efficiencies.
- Ensure that where relevant currently legislation is considered and included in any delivery of proformas and calculation solutions.
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience & Personal Attributes
- Previous experience of delivering projects for external clients to successful completion.
- Experience in developing and implementing process and systems changes.
- Working knowledge of pension buy-in's/out's and transition processes
- Pension Industry knowledge of GMP, DB, DC and hybrid schemes. Previous experience of working on related projects for these is highly desirable.
- Previous exposure to working with DB pension legislation.
- Strong stakeholder management skills.
- Demonstrate advanced skills on Microsoft Word and Excel and the ability to manipulate MI for analysis/reporting purposes.
- Proven people management experience
- Excellent communicator
About Us
MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets - safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.
A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.
About the Team
Our MUFG Retirement Solutions division combines its proprietary technology, process and people to deliver a comprehensive financial data solution to its superannuation clients. We support clients across all superannuation fund sectors including government, industry, retail and corporate.
By accompanying our core member and employer administration with a full range of value-added services, we offer the most comprehensive superannuation administration solution on the market. The scale, adaptability and ease of use of our proprietary systems, in conjunction with our integrated analytics offering, allow us to innovate and grow with the needs of our clients.
MUFG Pension & Market Services is building a dynamic, client focused, caring and inclusive culture that is built on the foundations of an entrepreneurial spirit, effective risk management, empathy and trust, and underpinned by its core values.
We are an inclusive employer whose people work collaboratively. We encourage, support and value the various talents and perspectives of our people and promote a flexible and blended work environment where our people can thrive and their wellbeing is supported. We know that diversity drives better client outcomes, continuous improvement, and growth. Be part of the MUFG Pension & Market Services journey and together we will achieve our full potential.
We treat all individuals fairly and equitably and do not discriminate on the basis of diverse characteristics including, but not limited to gender, gender identity, sexual orientation, age, ethnicity, cultural background, physical abilities/disabilities, religious or political belief, marital or family status or carers responsibilities.
Candidates must have the relevant work rights to be considered for an opportunity at MUFG Pension & Market Services. Successful applicants will be required to complete background screening prior to commencement of employment.