Pensions Consultant
- Employer
- PwC.
- Location
- London, United Kingdom
- Salary
- Competitive Salary
- Closing date
- Sep 27, 2024
View more categoriesView less categories
- Job Role
- Financial Planning
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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PwC's Pensions Management Consulting (PMC) team works with its clients to establish and maintain effective pension scheme operations. PMC works with some of the biggest names in industry in the private sector as well as playing an instrumental role in the development of pension services in the public sector.
PMC is a client facing team with deep specialist skills and expertise over the spectrum of pensions change projects including but not limited to:
Who we are looking for
To support our continuing growth strategy, we are looking for candidates with a background in pensions administration, with strong pensions technical knowledge, that have a track record of delivery across a range of pensions projects. While some elements of our service offering are relatively standard, we are always adaptable to meet our clients specific objectives and therefore require an individual that has the ability to confidently learn on the job, to deliver projects in areas where they have/are less experienced.
The whole team is client facing, and therefore demonstrable softer skills and ability to confidently interact with clients is essential.
Technical skills & experience - Required
Technical skills & experience - Desired
Soft skills
Qualifications
The role requires an individual prepared to travel to meet clients in person across the UK, however, this may at times also include international locations. Some of our projects require repeated travel to client sites, including staying overnight. Candidates should therefore have the flexibility to meet this requirement.
PMC is a client facing team with deep specialist skills and expertise over the spectrum of pensions change projects including but not limited to:
- Running competitive tender exercises to identify appropriate advisers and service providers
- Oversight and quality assurance of the transition of administration services both for both first time outsourcing and between third party suppliers
- Administration contract reviews
- Operational reviews to identify opportunities for improvement
- Target operating model design and process re-engineering
- Running third party software selection exercises
- Project management
- Data cleanse
- Implementation of change projects
- Cost benchmarking
- Support in meeting legislative requirements such as workplace pension reforms, GMP reconciliation and preparation for Pensions Dashboards
Who we are looking for
To support our continuing growth strategy, we are looking for candidates with a background in pensions administration, with strong pensions technical knowledge, that have a track record of delivery across a range of pensions projects. While some elements of our service offering are relatively standard, we are always adaptable to meet our clients specific objectives and therefore require an individual that has the ability to confidently learn on the job, to deliver projects in areas where they have/are less experienced.
The whole team is client facing, and therefore demonstrable softer skills and ability to confidently interact with clients is essential.
Technical skills & experience - Required
- Strong understanding of evolving legislative and regulatory requirements, as it applies to pensions administration, either gained through direct experience or pensions qualifications (e.g. A Day, record keeping and disclosure requirements, pensions flexibilities, Lloyds, McCloud etc.) and demonstrable commitment to keeping abreast of current and future developments
- Strong understanding of the pensions industry (e.g. third party service provider market, regulatory and industry bodies, etc.)
- Experience in client facing roles
- Experience of delivering a wide range of pension projects involving operational / system changes
- Strong written and verbal communication skills, including experience of developing and delivering complex and high quality presentations to clients
- Experience of project management or of administering schemes of types and structure (e.g. DB/ DC and trust/contract-based)
Technical skills & experience - Desired
- Familiarity with a range of digital platforms / toolkits (e.g. PowerBI, Alteryx, ChatGPT, etc)
- Well-networked within in the pensions industry
- Track record of supporting new business development, including pitching to potential clients
Soft skills
- Strong analytical and problem solving skills (e.g. the ability to analyse a large amount of information and / or data to identify trends and clearly articulate key issues / what matters both verbally and in writing)
- Self motivation and sufficiency with demonstrable ability to show initiative and work without supervision, as well as part of a team
- Ability to respond to change and adapt to new situations and environments
- Self-awareness and the ability to flex personal style to manage messages and situations to achieve the required outcomes in demanding and evolving environments
- Dedication to providing excellent client service and meeting client expectations and deadlines
Qualifications
- Must possess a PMI/Project Management Qualification (or an international equivalent) or have equivalent work experience. This includes international candidates who qualify through experience in their home country.
The role requires an individual prepared to travel to meet clients in person across the UK, however, this may at times also include international locations. Some of our projects require repeated travel to client sites, including staying overnight. Candidates should therefore have the flexibility to meet this requirement.
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