Senior Pensions Project Analyst
Posted 7 days 11 hours ago by Xafinity Consulting Ltd
At XPS Group we operate a hybrid/flexible working style. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief. As part of our Disability Confident pledge we run the 'Offer an interview' scheme at XPS. If you have a disability and meet the 'essential criteria' described in the person specification for the role being applied for, you are guaranteed an interview. Access to the Disability Confident scheme simply requires you to (1) Show you meet the essential criteria described in the person specification, and (2) In the Offer an Interview Scheme section on our application form tick the box for 'do you wish to be considered under the Guaranteed Interview Scheme?' If you are successful in your application you undertake pre-employment checks which include: Right to Work confirmation, DBS Disclosure check, Qualification checks, Employment and/or educational references covering five years & Satisfactory credit check. If you have any questions or require further assistance, please email
Senior Pensions Project AnalystLocation: London
Contractual hours: 36.25
Basis: Full time
Job category/type: XPS Administration
Date posted: 06/12/2024
Job reference: REQ002694
Job descriptionSenior Pensions Project Analyst
GMP Team
Hybrid at any of our XPS office locations
Full Time
Permanent
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.
Our Pensions Administration business continues to grow and we are now looking for a Senior Pensions Project Analyst to join our vibrant Administration Projects Team (APT) with hybrid working attached to any of our XPS office locations. This is an exciting role and would most likely suit someone with previous experience in a pure pensions administration role, or pensions project role where they have gained knowledge and experience of Defined Benefit (DB) pension schemes.
A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 88 with assets over £1bn. We also provide wider ranging support to insurance companies in the life and bulk annuities sector.
Our people drive our success and as an XPS employee you can bring your whole self to work - Everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It's about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they're happy. Above all, it's about ensuring everyone has a voice and feels valued. Because they are.
The TeamOur award-winning pensions administration business puts scheme members at the heart of everything we do. Our services include scheme administration, first-time outsourcing, member communications and scam protection.
Our Administration Projects Team (APT) team undertakes projects such as:
- GMP rectification/equalisation
- Buy-in/ Buy-out
- Data Cleansing
- Ad hoc projects for example scheme closures, benefit rectifications, liability reduction exercises
- McCloud implementation: Public sector pension benefit rectification across police, fire, MOJ and LGPS pension schemes.
- Pension Dashboards
As a Senior Pensions Project Analyst with XPS you will:
- Support Project Consultants to undertake project work; ensuring delivery in line with project deadlines and client expectations.
- Updating relevant pension administration databases and systems
- Performing basic calculations
- Running automated systems extracts.
- Data Manipulation
- Reviewing Member Records
- Working closely with other departments/teams to ensure project delivery
- Ensuring the accurate updating of time recording system for both chargeable and non- chargeable activities and meeting required utilisation target
- Due to the changing nature of the business, the job holder may from time to time be required to undertake other activities of a similar nature that fall within their capabilities.
Essential Criteria
- Previous experience in a similar Pensions Project role or within BAU Pensions Administration.
- Previous Defined Benefit pensions experience.
- Previous GMP experience.
- Maths and English GCSE grade 4/C or equivalent.
- Familiar with Microsoft Excel and Word.
- Excellent organisational and planning skills.
- Ability to work in advance of deadlines and prioritising multiple tasks.
- Able to see projects/tasks through to completion within given timescales.
- Willingness to learn.
- Able to follow instructions, procedures, policies and assimilate information quickly in a consistent manner.
- Able to take ownership and responsibility for own work.
- Enthusiastic, positive and flexible approach to work.
- Effective interpersonal skills.
- A high degree of accuracy and attention to detail is required to perform the duties - both numerical and written.
- Good oral and written communication skills.
- An active listener and able to follow through on instructions given.
- Able to work as part of a multi-disciplined team.
- Good Problem-Solving Skills.
Find out more about Life at XPS
Find out more about Our People Approach
We offer an attractive reward package, typical benefits can include:
- Competitive salary
- Participation in annual discretionary Bonus Scheme
- 25 days holiday plus flexibility to buy or sell holiday
- Flexible Bank holidays
- Pension scheme, matching contribution structure
- Healthcare cash plan
- Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you. We will consider all applicants and respond swiftly.
Please discuss with the recruitment team, via phone or email, if you require any adjustments to the recruitment process. For example, we can provide materials in an alternative format, or give you extra time in interviews or tests.
The successful candidate will need to demonstrate the following requirements:
- Right to Work confirmation
- DBS Disclosure check
- Employment or educational references covering five years
- Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier list.
XPS try wherever possible to respond to all applicants if for any reason you have not heard from us within 28 days of your application, please assume you have been unsuccessful on this occasion.