Interim Pension Specialist

Interim Pension Specialist

Location: London – Hybrid based (ideally 2 days onsite p/w)

Inside IR 35

The Pension Specialist will fully manage the Fund employer process end to end of employers leaving and joining the Fund. To assist the team by being a technical reference point for LGPS legislation and assist in managing audits, valuations and legal and actuarial relationships.

Key Responsibilities:

• Coordinate and manage the pension Fund’s legal advisors to confirm and finalise the content of admission agreements and Bonds or Guarantees
• Coordinate and manage the pension Fund’s actuary to provide reports and associated information required for the setting up of new fund employers
• Identify, analyse and manage risks associating with the setting up of a new fund employer
• Work closely with those who are letting commercial contracts to ensure that tender documents accurately reflect the requirements of the Local Government Pension Scheme (LGPS) related to those staff subject to TUPE transfer
• Liaise with contract managers to ensure that full consideration is given to pension implications ahead of new service contracts being let
• Coordinate and manage with external stakeholders including banks and third-party directors to enable the execution of admission agreement and bonds

Experience & Knowledge:

• Essential: Minimum of 3- 5 years’ experience of LGPS administration or DB administration
• Essential: Passes in GCE/GCSE level (or equivalent) in Maths and English
• Strong understanding and knowledge of admission agreements, and bond arrangements
• Proven ability to be able to work/ manage relationships and thorough working knowledge of the LGPS and the scheme regulations
• Working knowledge of the obligations of employers and the Administering Authority in the management of the Local Government Pension Scheme
• Understanding of the different LGPS schemes (pre-2008, 2008 and 2014) and how they affect the calculation of scheme member benefits

To apply for this role or to find out about other jobs, please contact the London Local Government Recruitment team on 020 7557 7667 or send your CV to localgov@venngroup.com