RMPP De Risking Pensions Expert (SME) - Several Locations - Hybrid Working

Date: 28 Mar 2024

Location: Sheffield, GB, S98 6HR

Company: Royal Mail Group

Job reference number 306949

RMPP De Risking Pensions Expert (SME) - Several Locations - Hybrid Working

£36,000 to £39,000 (DOE) plus £1,500 welcome bonus, annual bonus potential, company pension scheme with highly competitive contribution rates, generous annual leave offering of 25 days, plus bank holidays, increasing with years of service
Permanent, Full time 

Your nearest office - Bristol, Edinburgh, Liverpool, Manchester or Sheffield

 

 

Royal Mail Pensions is looking at adding De-Risking Pensions & Data Professionals to its team. This is a new team within the Pensions Service Centre (PSC), focusing on delivering comprehensive reporting and analysis for the Royal Mail Pension Plan. 


About the role


As a Pensions Professional you will develop an in-depth understanding of the Data held and understand how this reflects the routines and calculations over the members life in the RMPP. You will also assess the integrity of data held on the Pension Administration system, and to be able to provide system extracts and design tests along with supporting Bulk Data migrations and reconciliations to external parties for the RMPP.
 
You will also:
 
•    Be able to apply the knowledge to design checks for Data integrity, completeness, and accuracy, running reports and providing relevant extracts and/or summaries of the data, with clear explanations     
•    Be able to work with and compare large data extracts and to summarize for input to decisions and solutions for any necessary rectification actions
•    Work with colleagues in a planned and structured way, ensuring all anomalies/issues are documented, fully investigated, and resolved to deadlines, providing regular progress 
•     Work collaboratively across the De-Risking team and wider Pensions Service Centre to define solutions for any remaining pension benefits, record keeping and administration processes, to enable post-migration calculation and payment of any residual benefits in RMPP
•    Produce and test any systems change requests required, including any reports specified under contract (e.g., triennial valuations) and to deliver final migration to any selected insurance provider and/or Advisors 
•    Work with the partners on Bulk Data Migration, validation and reconciliation, to third party systems 
•    Prepare and define bulk mailing extracts for individual Member Statements and to support any member queries; providing plain and clear explanations of how the results were derived  
 
About you
 
You should already have a broad and deep understanding of Defined Benefit structures, particularly with a complex benefit structure scheme.
 
You should also have:


•    The ability to work with ambiguity and to provide evidence of solution generation 
•    The ability to plan own work and operate without day-to-day detailed supervision
•    Experience showing you are a strong team player, virtually or in person but can also work autonomously using own initiative 
•    Well-developed numerical and analytical skills, with experience of working with large volumes of complex data
•    Highly developed communication and influencing skills, with experience of working with senior internal and external stakeholders, and professional Advisors        
•    Excellent PC skills, Advanced Excel with experience of handling large data files, query and validation, desirable Microsoft Access
 
Royal Mail has a hybrid working policy but you will require some flexibility on work location for regular office attendance, meetings, and workshop events.

 

Extra Benefits


•    RMG Share Schemes - partnership and matching share offer
•    Family friendly support - enhanced maternity pay, paternity leave, adoption leave and shared parental leave
•    Discounts and offers - there are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills*.
•    Supportive and generous company sick pay
•    Your Wellbeing - you and your family have 24/7 access to services and tools to help you get the most out of life. From your physical and mental health to financial and social support and advice. It’s free, and it’s for everyone.
•    Lifestyle benefits - You can purchase a car, bike, home technology or mobile phone, or choose from a range of health benefits and insurance products. You make regular payments from your salary, and so could save on tax*. 
•    Financial support - information and services to help you manage debt and grow your financial knowledge, with debt consolidation & savings plans*
•    Your peace of mind with - Healthcare CashPlan, Dental Cover, Additional Life (life insurance) & Additional Life Partner, Hospital & Death Benefit Plans; Voluntary Critical illness & Voluntary Critical illness Partner
•    Free & discounted RMG products - free keep safe & redirection, partner discounts 
•    Free stamps at Christmas
*Available only to perm employees

 

Your career in safe hands

 

At Royal Mail we value our people and we want our people to be proud to work for our businesses. 


We have the assets, the infrastructure and the scale that others don’t, yet we are a big part of the communities we operate in, making billions of precious deliveries each year. We are responsible for the largest B2B customer database in the UK and are one of the largest employers in the UK, providing one in every 194 jobs.

 

An operation of this size needs a strong support network, and the HR, Legal, Finance, IT, Risk & Governance, Customer Experience, Sales & Marketing departments are all integral to helping us to utilise the latest technology and business approaches to optimise, automate and digitise our operations. 

 

Royal Mail is a forward thinking, innovative organisation, that is also committed to reducing emissions and improving air quality in our communities. This includes investing in technologies such as electric vehicles, drones, alternative fuel trucks and energy improvements to our estate.  For more information on Royal Mail Group and our values please click here: https://www.internationaldistributionsservices.com/en/about-us/

 

Next Steps

 

The next stage of the selection process will be a virtual interview consisting of competency based and role specific questions.

 

Trust forms the foundation of everything we do in Royal Mail. We want to be transparent about what kind of qualities we are looking for and build trust from the very beginning of your journey with us. The first step is your interview, and we mean ‘your’ interview. We want to give you the opportunity to shine. To enable you to do this, we will provide you with your interview questions ahead of the interview taking place. This will allow you time to prepare, and ensure you have your best examples in mind. Royal Mail Group values both trust, and our people. 
 

We don’t expect every candidate to meet the full criteria for the role. If your experience looks a little different from the job requirements, but you feel you have the relevant skills to bring value to the role, we’d love to learn more about you.

 

Royal Mail are proud of our diverse employee network groups and the active role they play to support belonging and encourage a positive work environment. We are firmly committed to inclusion and passionate about our people representing the communities we serve. We are happy to support your need for any adjustments during the application and hiring process. Please share the details within your application if required.

 

 

For more information on Royal Mail Group and our values please click here: https://www.internationaldistributionsservices.com/en/about-us/

 

Closing Date: 22nd April. Please note, this advert may close early if the appropriate number of applications has been reached.

#LI-POST #RMG #LIMRT


Job Segment: Risk Management, Data Conversion, Air Quality, Bank, Banking, Finance, Data, Engineering