IDEX Consulting are looking for a technical expert with a strong grasp of Defined Benefits Pensions and Buy-ins/Buy-outs?

We are looking for a Pensions Insurance Technical Lead who comes from a DB background or Insurance Administration. This is a versatile role collaborating with the managing partner and travelling to different sites across the UK.

If you have experience in an Insured Administration or TPA environment, then please get in touch for more information.

Role Responsibilities:

• Act as a referral point for more complex technical matters.
• Provide advice, support, and solve problems.
• Support Edinburgh, Belfast, and other locations on insured administration implementation and ongoing administration.
• Develop innovative solutions.
• Able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme.
• Have excellent interpersonal abilities, able to forge strong working relationships with colleagues and clients.
• Assist with system configuration and automated calculation updates.
• Assist with training in insured technical matters
• Assist with reviewing the documentation and processes for insured administtration
• Meet regularly with Administration Managers and team members to establish areas of concern e.g. levels of complaints/errors, efficiencies already identified but not actioned, teams with loss of scheme knowledge, scheme changes, ad hoc projects, new clients etc. Plan resolution of any issues and assist with implementation.

Your Profile
Essential Criteria

• Experience of schemes transitioning through buy-in, buy-out and through to day-to-day bulk annuity administration
• Be able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme
• Have previous pensions administration experience of Defined Benefit schemes including leavers, retirements, deaths, transfers, monthly processing and investment, benefit statements, renewals, scheme returns, and pension increases.
• Have thorough knowledge and experience of pensions legislation framework and demonstrable ability to remain informed of changes to the framework and implement change.
• Previous supervisory, leadership and management experience.

Desirable Criteria

• Ideally have experience of bulk annuity administration in a TPA environment and the associated FCA compliance and reporting requirements.

Please apply if interested or get in touch for more information contact rehana.sadiq@idexconsulting.com

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