Pensions GMP Expert Support
Location
Redhill, Surrey | United Kingdom
Job description
WTW is looking for an experienced DB pensions administrator who has a background in operational teams to work with the GMP Experts with GMP remediation projects including reconciliation, rectification and equalisation. The successful individual will work in the specialist GMP team and support the GMP Experts who work closely with operational and client management colleagues in the delivery of these projects to our large and varied portfolio of administration only and full service clients.
There will potentially be the opportunity to progress into a role working with client managers and operations managers.
The Role
- Support GMP Experts who work with client managers and operations colleagues with multiple client GMP projects including reconciliation, rectification/recalculation and equalisation
- Carrying out technical work in particular in relation to historic GMP reconciliations and rectifications
- Keep up to date pipelines for GMP projects
- Produce SoW’s and cost models for GMP projects.
- Maintain collateral libraries and project tracking tools.
- Support GMP Experts with operational readiness training and GMPe handovers to ops teams
- Assist producing collateral for operational training sessions where required
- Support GMP Expert in producing calc inventories and scoping documents for the IT department to plan and facilitate changes to ongoing automation as a result of GMPe.
- Support, project managers with production of project plans.
- Production of client/project specific schedules.
- Support with tracking revenue and costs.
- Maintain client facing reports, presentations and educational materials
- Update generic operational process flows
- Maintain GMP guidance notes and attaching materials
The Requirements
- Experience working in the UK Pensions industry
- Understanding of occupational pensions in particular DB benefits and Guaranteed Minimum Pensions (GMP)
- Understanding of the requirements for GMP Equalisation
- Proven work experience of working on technical projects.
- Highly organized, motivated individual with excellent communication skills and strong team skills.
- Analytical thinker with creative problem-solving skills and attention to detail.
- Works easily within and across teams, encourages learning; ensures that all relevant parties are included in key team project tasks and decisions. Shares opportunities and doesn’t repeatedly go to the same people.
- Develops relationships with peer stakeholders within and across teams by initiating regular contact.
- Proven work experience of working on technical projects, a good understanding of the associated governance and controls processes would be beneficial
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.
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