Job Description

Contract type: Permanent

Location Alderley Park

Working style: Hybrid 50% home/office based

Job Summary

Bring your defined benefit pensions expertise to a key growth area at Royal London, helping deliver accurate member data and robust benefit calculations across our Bulk Purchase Annuity (BPA) business. As BPA Data & Technical Manager, you’ll manage a small team and work closely with implementation colleagues, trustees and advisers to support new transactions, strengthen operational processes and deliver quality outcomes for members.

About the role

• Interpret benefit specifications and configure automated and bespoke calculations, testing outputs and downstream processes before handover to operational teams.
• Oversee the configuration of individual member documentation and contribute to management information, reporting and system feeds.
• Oversee the assessment, validation and migration of pension scheme member data onto our administration platform, maintaining robust data management controls.
• Support new business quotations and due diligence by assessing data quality, benefit complexity and implementation risks alongside BPA Pricing and Operations.
• Work with BPA Implementation Managers, trustees and advisers to resolve technical issues and sign off data cleanse materials, cashflow true-up calculations and agreed contractual deliverables within delegated authority.
• Maintain effective governance, data protection assessments and risk controls across data migration, benefit calculations and member documentation.
• Manage and develop a small team, supporting training, knowledge sharing and continuous improvement as the wider BPA operation grows.

About you

• A strong understanding of defined benefit pensions administration; experience in Bulk Purchase Annuities would be advantageous.
• Experience migrating pensions data between administration systems and working directly with administrators and their data sets.
• Experience interpreting benefit specifications, preparing calculation requirements and configuring bespoke pension calculations, with working knowledge of GMP equalisation.
• Strong data quality, testing and problem-solving skills, including checking pension outputs and resolving data or benefit issues.
• Proficiency in Excel and/or SQL, with an understanding of the operational challenges of data migration and ongoing data management.
• Clear communication and stakeholder management skills, with the ability to explain technical issues to specialist and non-specialist audiences and build effective external relationships.
• A collaborative, accountable approach, with the ability to support colleagues, work independently and identify practical improvements to processes.

Even if you don't meet every single requirement, we encourage you to apply. We are dedicated to building a diverse and inclusive workplace, and your unique experiences and perspectives could be a great addition to our team.

About Royal London

We’re the UK’s largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance.

Inclusion, diversity and belonging

We’re an inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.