Pensions Officer

Location:Milton Keynes
Job Type:Full Time

About Network Rail

Our plans for rail in Britain are far-reaching and ambitious. To deliver our vision of a better railway for a better Britain, we need talented and passionate people who will embrace our innovative way of working - across all disciplines.

Brief Description

To provide support to the Head of Pensions and Pensions Manager in relation to the administrative and operational matters of the Network Rail (NR) Pension Schemes. Also to provide guidance and answer queries from employees (and their professional advisors) of NR in relation to their Pension Provision.

About the role

In this role I will:

    Supervise individuals in the Pensions Team on the operation and administration of NR's Pension arrangements. Develop junior members of the Pensions Team to deliver effective succession planning for all roles.

      Provide guidance to employees, the wider NR HR Community and resolve queries in relation to NR pension arrangements.

        Maintain and improve effective working relationships within NR HR and Finance, along with the 3rd party Scheme administrators for an effective delivery of pension services.

          Evaluate and look to continually improve the development of the plain English communications strategies and materials for both NR and the Pension Scheme Trustees on Pensions related topics.

            Manage work streams and provide oversight and support to NR Business-wide large projects in relation to the delivery of pension related benefits and to lead on small-medium pension related projects.

              Check and approve complex calculations of contributions and benefits for scheme members across the various NR Pension Schemes.

                To provide support to the Pensions Manager in the preparation of Trustees/Committee meetings.

                  Identify recommend and implement appropriate department improvements to Head of Pensions, to improve company processes, systems and data accuracy. Once improvements are agreed then proceed to implement.

                  To be considered for this role you must have;

                    Experience of working within an Occupational Pensions Department.

                      Good knowledge of the provision and legislation of UK Pension Benefits.

                        Experience of a wide range of aspects of pension scheme administration and the calculation of benefits.

                          Ability to effectively communicate complex information and issues to non-specialists.

                            Ability to manage customer expectation and deliver great customer service.

                              Highly Analytical individual who has high attention to detail.

                                Able to build strong relationships with both key internal and external stakeholders.


                                  Appropriate pensions professional qualification

                                    Excellent Communicator

                                      Has a willingness to develop others

                                      How to apply

                                      Network Rail welcomes applications regardless of age, disability, marital status (including civil partnerships), pregnancy or maternity, race, religion or belief, sexual orientation, transgender status, sex (or gender), employment status, trade union affiliation, or other irrelevant factor. We will interview all disabled applicants who meet the essential criteria. We positively embrace flexible working recognising that employees may wish to balance work and family/home life.

                                      Keeping people safe on the railway is at the heart of everything we do, safe behaviour is therefore a requirement of working for Network Rail.Applicants should demonstrate their personal commitment to safety in their application.

                                      Network Rail can offer you a rewarding career with competitive pay and excellent benefits including a choice of contributory pension schemes, a generous annual leave package, a bonus scheme and an annual 75% subsidy on season tickets costing up to £3,333 (to a maximum amount of £2,500).

                                      We adhere to a structured pay framework, any salary offered will be within the following pay range: £32,740 - £36,832

                                      Network Rail is required to comply with UK Government standards when carrying out pre-employment checks for all new starters; this includes a basic criminal record check. In addition to the basic criminal record check, in accordance with the UK Government we are also required to verify your identity, right to work in the UK and previous three years employment history.

                                      Closing date: 21 November 2019. Late applications will not be accepted.We retain the right to close the advert before the listed closing date based on application volumes.

                                      It is a requirement of the role to live within 90 minutes commuting time of The Quadrant Milton Keynes.

                                      This vacancy is for a fixed term opportunity for one year from the confirmed start date.