Full job description Pensions Specialist
Hybrid Working - London - 2/3 days a week on site.
Financial Services

Lorien’s leading banking client is looking for a Pensions Specialist to provide operational pension support while contributing to a key pension transition project. The role will cover monthly pension processing, data reconciliation, employee queries, annual pension activities and transition-related data work across multiple Group entities.

The successful candidate will have strong Defined Contribution (DC) pensions experience, excellent Excel and data analysis skills, and a good understanding of pension taxation and payroll processes.

This role is based in London.
This role will be Via Umbrella.
Working in a Hybrid Model of 2/3 days a week on site.

Key Responsibilities
*Manage the monthly pension contribution process, including pre-commit and post-commit payroll activities across multiple Group entities.
*Complete pension file reconciliations, investigating and resolving data or contribution discrepancies.
*Liaise with Payroll, HR and pension providers to resolve queries and implement required updates.
*Manage simple and complex pension queries from employees and former employees via pension and HR support channels.
*Support annual pension activities including pensionable salary reviews, annual data renewals and bonus waiver processes, covering calculations, communications and provider payments.
*Provide additional operational support during high-volume and business-critical pension periods.
*Support the pension transition project, taking ownership of the Data Workstream and working with the payroll provider to reconfigure pension reports.
*Coordinate the testing and rollout of pension reporting across seven Group companies.
*Review pension data and reports, identify issues and coordinate resolution with relevant stakeholders.
*Maintain and update pension procedures, controls and internal documentation following transition activities.

Essential Experience & Skills
*Several years’ experience within the Defined Contribution (DC) pensions industry.
*Strong practical knowledge of pensions administration and pension processes.
*Working knowledge of UK pension tax rules.
*Experience with pension contributions, payroll processes and data reconciliation.
*Excellent Microsoft Excel skills, including formulas, calculations, reconciliation and data manipulation.
*Strong data analysis and problem-solving capabilities with excellent attention to detail.
*Ability to investigate and resolve both straightforward and complex pension queries.
*Strong stakeholder management skills, with experience working across Payroll, HR, pension providers and wider business teams.
*Ability to manage BAU pension activities alongside transition/project deliverables in a fast-paced environment.


IND_PC3
Guidant, Carbon60, Lorien & SRG - The Vertage Group Portfolio are acting as an Employment Business in relation to this vacancy.