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Imperium Financial Recruitment
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Manchester, Greater Manchester
Pension Transfer Specialist
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Job Type: Full-time |
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Salary: £40,000 per annum |
Overview
To check the suitability of pension transfer transactions conducted by the firm. Provide timely and appropriate reports to Senior Management on the conduct of pensions transfer business. Liaise with colleagues to obtain the required information on the client’s past and present pensions arrangements to enable a full analysis of the clients’ pensions needs to be carried out. Assess the comparative merits of Safeguarded, fixed or guaranteed benefits provided by an occupational scheme or individual pension scheme, against an individual pension scheme (including a self-invested personal pension scheme) providing uncertain benefits. Use appropriate analytical systems and relevant data to assess such comparisons in a precise, measurable manner. Construct appropriate solutions to the principles of suitability and best advice, produce report(s) including statistical data which clearly supports the recommendations made. Support all advice by appropriate documentation as deemed necessary by the FCA and as documented in the firm’s procedures. Proactively develop and maintain external relationships with Introducers and other professional parties who refer business to the firm. Develop and maintain internal relationships to help maintain business flow and meet agreed targets. Ensure all associated administration is completed in a timely and effective manner to meet the firm’s record keeping and file quality requirements. Take ownership of designated cases to closure or escalation, to achieve quantity/quality objectives in line with service standards. Ensure that the firm’s high standards of client care are met by demonstrating competence in all stages of the pensions transfer process, operating at all times in a manner which befits an Approved Person and complying with the FCA Statements of Principles and the firm’s documented Performance Measures/Standards. Monitor expiry dates and prioritise work. Provide weekly updates to line manager relating to output, quality concerns and other Management Information as required. Learn from quality review feedback and rework where appropriate to improve customer experience. Keep up to date with training and supervision requirements according to competence as set out in the T&C Scheme. Act with integrity and professionalism; paying regard to the interests of our customers (treating them fairly); and being open and co-operative. Must hold one of the following Approved Examinations: Fellow or Associate of the Faculty or Institute of Actuaries Fellow or Associate by examination of the Pensions Management Institute Fellow or Associate (including three pensions-related subjects) of the Chartered Insurance Institute Passed G60 / AF3 paper of the Advanced Financial Planning Diploma of the Chartered Insurance Institute Passed the Pensions paper of the Professional Investment Certificate of the Chartered Institute of Bankers/Institute of Financial Services. In addition, must have: At least 2 years’ industry experience, two of which must have been in a pensions-related field Must have excellent analytical skills and prefer to work in a structured, planned manner.