Darlington (hybrid working)2 days per week in the Darlington office, with flexibility depending on business needs and stakeholder engagement.
AtRailpen, we take a long-term view, protecting the future of the railways' pension schemes through thoughtful decisions made today. As our Defined Contribution (DC) pension administration service continues to evolve,we'relooking for an experienced pensions professional to join us onaeighteen-month fixed-term contract to support the mobilisation,stabilisationand successful embedding of a newly established DC administration team.
Reporting to theHead of DC Pension Administration ,you'llplay a pivotal role inmaintainingservice performance, embedding sustainable ways of working and supporting the transition of day-to-day leadership responsibilities to an existing team manager. This is a hands-on assignment whereyou'llcombine operationalexpertise, leadershipsupportand continuous improvement to ensure a high-quality service for members and employers.
To learn more aboutRailpenincluding our values, culture and purpose, visit our careers page here
Supporting the mobilisation,implementationand stabilisation of the DC administration team
Working alongside the Head of DC Pension Administration to prioritise workloads, manage operational issues and embed effective ways of working
Maintaining and improving service performance, operational controls,accuracyand timeliness across DC administration activities
Providing practical leadership support, coaching and knowledge transfer to team members and future team leaders
Monitoring and improving performance against agreed SLAs and KPIs
Managing operational risks, issues and incidents, ensuringappropriate escalationand resolution
Identifyingand implementing improvements to strengthen quality,efficiencyand member outcomes
Supporting the transition of ongoing leadership responsibilities to an existing team manager
Building effective relationships with employers, suppliers, investmentmanagersand internal stakeholders
RepresentingDC Administration in relevant meetings,forumsand working groups
Daily cash and unit reconciliations
Resolution of breaks and exceptions
Quarterly investment rebalancing
Investment switches and unit adjustments
Processing member and employer contributions
Transfers in and out
Retirement claims
Ill-health claims
Bereavement cases
Divorce Pension Sharing Orders
Complaints and escalations management
Member,employerand supplier queries
We'relooking for an experienced pensions professional with a strongtrack recordof delivering operational improvements and supporting teams through periods of change,mobilisationor recovery.You'llbe comfortable rolling up your sleeves to solve complex challenges whilemaintainingstrong governance and service standards.
Strong experience in DC pension administration, ideally within a Master Trust or similarly complex DC environment
Proven experience supporting mobilisation, service recovery, stabilisation or transition activity within pensions administration or another regulated environment
Excellent knowledge of DC administration processes, including investments,reconciliationsand operational controls
Experienceoperatingwithin a highly regulated environment and applying effective risk management practices
Ability to balance operational oversight with hands-on delivery and implementation support
Strong stakeholder management and communication skills
Excellent organisational skills with the ability to manage competing priorities and deliver results at pace
A collaborative approach with a focus on continuous improvement and member outcomes
Experience supporting pensions administration transformation,transitionor mobilisation programmes
Experience leading service recovery or operational stabilisation initiatives
Knowledge of AAF 01/06, The Pensions Regulator's General Code or similar governance frameworks
Experience working with multiple employers,suppliersand internal stakeholders in a pension administration environment
This is a unique opportunity to play a key role in the establishment and successful embedding ofRailpen'sDC administration team.You'llhave the chance to make an immediate impact by helping shape operational processes, strengthen servicedeliveryand build capability within the team.
Yourexpertisewill directly contribute to creating a sustainable and high-performing administration function that delivers excellent outcomes for pension scheme members. The work you do during this assignment will leavea lasting legacylong after the transition is complete.
