Network Rail Jobs – Pensions Administrator

About the job

Location

Milton Keynes, GB

Department Name

About Network Rail

HR Compensation & Benefits Pensions (348101) G5

Our passengers and freight users are at the heart of everything we do. We help connect people to their friends and families and get goods to their destination safely and efficiently. We’re an organisation where people matter. When you’re part of our team, you matter to us and you matter to millions. Watch our video to find out more!

We’re continuing to build a more diverse and inclusive organisation which is representative of the passengers we serve. To do this, it is essential we become a more open, diverse and inclusive organisation, harnessing the skills and expertise of all our people and attracting the best talent to help us have a safe, accessible railway for everyone. To learn more about how Diversity and Inclusion is important to Network Rail please click here.

We believe that investing in our people is one of the most effective ways of improving the safety, reliability and efficiency of the railway. To learn about the benefits we offer please click here.

For more information about Network Rail please click here, or for more information on how we recruit, please click here.

Human Resources (HR) provides support on all people-related issues for Network Rail. We’re responsible for creating an environment that attracts and engages high-performing individuals to deliver engineering and operational excellence for Britain’s railway. Our approach is a pragmatic one, challenging where appropriate and professional in all areas of delivery.

Brief Description

We’re looking for a Senior Pensions Administrator to provide senior support to the Pensions Officers in relation to the administrative and operational matters of our Pension Schemes. You’ll provide guidance and answer queries from employees (and their professional advisors) in relation to their pensions.

About The Role (External)

What will you be doing?

• Participate in the operation and administration of the Network Rail Pension Schemes.
• Provide pro-active guidance to employees, the wider Network Rail HR Community and resolve queries in relation to Network Rail pension arrangements.
• Develop effective working relationships within Network Rail HR and Finance, along with the third-party Scheme administrators for to assist in the effective delivery of pension services.
• Calculate the more complex contributions and benefits as required for members across the various Network Rail Pension Schemes.
• Review and approve the work carried out by the Pension Administrators.
• Assist in the preparation of the papers for Trustee/Committee meetings.
• Understand the role of Pensions Officer, so as to be able to cover in times of absence.
• To assist in the development of the Pensions Administrators.
• To support the delivery of presentations on company pension arrangements to employees and the HR Teams as and when required.

What skills and experience are we looking for?

• Experience in a Pensions Administration role.
• Understanding of a wide range 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.
• Able to build relationships with internal and external stakeholders.

How To Apply (External)

• Vacancy Type: Permanent
• Location: This role is based at The Quadrant: MK for this role you must live within 75/90 minutes of the office.
• Closing date: 23rd October 2023 late applications will not be accepted
• Band & Salary: Band 5, £25,000 – £40,000, depending upon experience.

  What can we offer you in return?

  We have a range of benefits including:

  • 28 days annual leave entitlement, plus Bank Holidays and five volunteer days.
  • My Benefits – our discounted online shopping site.
  • A range of discounted offers including cycle to work, healthcare club discounted membership and other benefits.
  • Subsidies of up to 75% on rail and underground season tickets.
  • A range of pension schemes.
  • Two weeks paid reserve leave for our Armed Forces community.
  • Training, development and employee assistance programme available.

  All offers of employment are conditional upon satisfactory completion of pre-employment checks. Please click here for more information.

  We’re an inclusive employer of choice, Disability Confident Leader employer, encourage people to work flexibly and we welcome applications from everyone (Click here for more information). Visit Evenbreak’s Career Hive should you need accessibility support to apply. Should you require any reasonable adjustments/modifications, please contact [email protected].

  Click ‘Apply’ to begin your application!