Pensions Scheme Benefits Implementation Consultant

• Pensions Scheme Benefits Implementation Consultant
• Remote role
• 6 month contract
• Inside of IR35
• £520 per day Umbrella

Focus: Scheme Benefits Analysis, Scheme Structure, and Benefit Basis documentation for BPA (Bulk Purchase Annuities) projects.

• Deep analysis of scheme documentation, including:
  • Benefit Specification packages (Ben Specs)
  • Addendums eg, GMP equalisation addendums
• Produce:
  • Scheme Structure Document (sections, subsections, membership categories, tranche splits, data requirements)
  • Benefit Basis Document (all calc methodologies for DB scheme processes)
• Identify gaps and raise queries via Benefit Basis Issues Log with trustees, clients, and administrators.
• Provide manual calculations to evidence understanding and validate benefit basis detail.
• Collaborate with the data team to define data requirements essential for system automation.

• Strong pensions technical knowledge, particularly:
  • DB schemes
  • GMP/GMP Equalisation
  • Tranche splits (pre/post-88 GMP, pre/post-97, Barber, etc.)
  • Benefit payment ages (NRA, LRA, BPA, etc.)
  • Revaluation and annual pension increase rules
• Regular hands-on experience reading and interpreting Ben Specs
• BPA (Bulk Purchase Annuities) -Desirable

If you are available and interested, please apply today!

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