Pensions Consultant

Full time

Job ID: 10099947

Darlington

Fixed Term (Fixed Term)

Work From Home

Posted on
07 June 2024
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Capita Pension Solutions is looking for a Pensions Consultant to join our Teachers’ Pensions Policy and Technical (PAT) team on a fixed term full-time basis until 30 September 2025. If you are a dynamic individual, then this could be the role for you. The Pensions Consultant will lead the Transitional Protection work of the PAT Team supported by other Pension Consultants. While previous pensions experience is preferred, the successful candidate will take ownership of policy and technical matters relating to Transitional Protection across the following areas of work.

Job Description

What you’ll be doing:

  • Understanding the Transitional Protection consultations, policy documents and regulations to ensure familiarity with the remedy activity.
  • Reading through specialist subject matter documents from the Department for Education (DfE) and HM Treasury.
  • Attending process and system walkthrough sessions and arranging meetings with the relevant Subject Matter Experts.
  • Maintaining a knowledge bank, recording outstanding questions from meetings, and gathering answers, to be stored in a central log, maintained by PAT Team, but available for all areas of Teachers’ Pensions to view in a shared location.
  • Closing personal knowledge gaps and also those of other members of the workstream team.
  • Providing documented guidance, issuing briefing notes, and liaising with the DfE and the Government Actuary’s Department where that guidance is unclear.
  • Be the main point of contact for any technical referrals in relation to specific and generic queries and provide support to operations for continuous improvement.
  • Use of Excel to analyse data relating to the Transitional Protection remedy.
  • Identifying process gaps and supporting in closing these gaps. i.e., by helping draft member communications, input into processes, providing or reviewing briefing notes and ensuring that work instructions are consistent with the remedy.
  • Providing content to a designated Business Analyst on the specific subject area to form part of a Transitional Protection knowledge centre.
  • Consulting with members of the PAT Team or the Head of the PAT Team where required to obtain or cascade information. 
  • Signing off PAT Team approval on documents where requested.  
  • Working with the Teachers' Pensions Engagement Team to update communications relating to the Teachers' Pension Scheme.
  • Working closely with the Department for Education’s Policy Team and providing regular update reports. 
  • Participating in Cross Whitehall Meetings and also discussions with HM Treasury.
  • Liaising with Business Analysts and Data Analysts to analyse data and report on the implications for the TPS.
  • Reviewing draft legislation/regulations and providing feedback to the Department.
  • Ensuring that amended processes or IT developments reflect revised regulations.
  • Assisting with or reviewing any consultation documents.
  • Updating the Teachers’ Pensions Decisions Document in relation to Transitional Protection.
  • Working with the Government Actuary’s Department in connection with changes to factors, if required (including any revisions or calculations required for a pension flexibilities options exercise).

What we’re looking for:

  • Ability to work independently and to understand each area of Transitional Protection, consulting with outside bodies or the other areas of the business where any policy is unclear.
  • Excellent communication skills – both written and verbal.
  • A good standard of pensions knowledge (preferred but not essential)
  • Ability to research and interpret and effectively communicate legislation/guidance.
  • Ability to work independently and in a team environment, working under pressure.
  • Be highly organised and able to manage workloads within strict deadlines.
  • An ability to identify trends and develop solutions to improve member experience – possessing a high attention to detail and accuracy.
  • The ability to use Microsoft Office Applications relevant to the role, at the required level. Must be proficient in the use of Excel.

About Capita Pensions Solutions:

At Capita Pension Solutions (CPS), we create and implement resilient and responsible pension strategies to help your organisation and your people look forward to a more secure financial future. From pensions administration and consultancy to the latest technology and engagement techniques, we help ensure sustainable investments which support your success. Join us and discover better ways to engage with and value today’s employees.

What can we offer you?

We believe in offering flexible working solutions that suit your needs, whether that’s from home, from your nearest Capita office.

What we hope you'll do next: 

Choose 'Apply now' to fill out our short application, so that we can find out more about you. 

We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email reasonableadjustments@capita.com or call 07784 237318 and we’ll get back to you. For more information about equal opportunities and process adjustments, please visit the Capita Careers website. 

About us

Capita is a consulting, transformation and digital services business. We deliver innovative solutions and simplify the connections between businesses and customers, governments and citizens. We're driven by our purpose: to create better outcomes – for our employees, clients and customers, suppliers and partners, investors, and society. We're committed to being a responsible business – in how we operate, serve society, respect our people and the environment, and deliver attractive returns to our investors.

Every day we help millions of people, by delivering innovative solutions to transform and simplify the connections between businesses and customers, governments and citizens. We partner with clients and provide them with the insight and cutting-edge technologies that give time back, allowing them to focus on what they do best and making people’s lives easier and simpler. We operate in the UK, Europe, India and South Africa and currently have 55,000 talented people working in our three divisions: Capita Experience, Capita Public Service and Capita Portfolio.

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