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2 months ago
Tesco
Salary band: Any
Location: UK, South East, Hertfordshire
Job type: Permanent
Business sector: Both
Contact: Simply Recruitment Partner
Category: Compensation and Benefits Jobs, Diversity Jobs, HR Retail Jobs, HR Systems Jobs, Organisational Development Jobs, Payroll Jobs, Pensions Jobs, Talent Management Jobs
Summary Reporting to the Head of Pensions and Payroll Operations , you will be responsible for leading the member services and administration team to support the Defined Benefit Tesco PLC Pension Scheme Trustees ensuring the correct and timely administration of member benefits and interactions by working as one team with Tesco Bengaluru. Package We offer excellent benefits that help make Tesco a great place to work. These include but aren't limited to: * An annual bonus scheme which you can achieve up to 3.5% of base salary* Privilegecard (including a 2nd card for a family member) after 6 months service with 10% off most purchases at Tesco* A retirement savings plan - 4%-7.5% contribution rate* Life Assurance - 5 x contractual pay* Buy As You Earn Scheme* Save As You Earn Scheme* Tesco Car Purchase Scheme (provided by Alphabet).* Deals & Discounts through Tesco including Tesco Mobile & Tesco Bank* Deals and Discounts through many other external businesses Main Responsibilities Manage the member services and administration teamsThe end to end management of member interactions through the Pension helpline, letter and e-mail processesThe management of accurate and legislation compliant member calculations within SLAs and compliance time linesThe management of ill health and death benefit processes and administrationAdministering the cyclical activities of the pension schemeThe management of complaints including the IDR processSupporting Tesco's subsidiaries, providing technical support and sharing pensions best practiceReporting to the UK Pensions Manager and supporting the Trustees of the Tesco PLC Pension Scheme and its various Sub Committees. Providing secretarial support to the Discretions Committee of the Trustee BoardSupporting and providing documentation for both the internal and external audit functionsThe correct operational upkeep of the Altair pensions administration systemKeeping up to date with current statutory regulations and monitoring changes in the legal situation for pensions providers and developments in defined benefit pension schemes Developing and leading a high performing team Ideal Candidate Experience relevant for this job:* External pensions industry qualification (APMI / FPMI)* Up to date knowledge of current and emerging UK pensions legislation * Up to date understanding of the IDR Process and Pensions Ombudsman, TPAS decisions and Pension case law* Experience of managing and developing a team Operational skills relevant for this job:* Team working, taking people with you* Prioritisation and time management* Communication skills - written and verbal* Knowledge of Excel, Word and PowerPoint* Numeracy, analytical skills, and the ability to understand complex information* Project Management skills

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