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Lead the technical onboarding of defined benefit pension schemes into the PIC operating model, ensuring benefit specifications and data are accurate. Collaborate with third-party administrators and internal actuaries to ensure operational readiness and successful payroll testing.
Requires deep technical expertise in defined benefit pensions and experience with scheme onboarding and bulk data sets. APMI certification or a willingness to work towards it is preferred, along with strong proficiency in MS Excel.
We are seeking an experienced pensions technical specialist to support the accurate onboarding of newly secured schemes into the PIC operating model. This is a deeply technical role focused on defined benefit (final salary) pensions, ensuring the benefits payable to our policyholders are fully understood, correctly specified, and reliably delivered.
Role purpose
Specific accountabilities assigned to the role of Pension Onboarding Specialist within Customer Operations:
Conduct Rules:
PIC operates within the financial services industry and, therefore, is regulated by the FCA (Financial Conduct Authority) and the PRA (Prudential Regulation Authority). It is a requirement for all PIC employees to demonstrate a good understanding of the regulatory framework and how it applies to the Company.
Knowledge
Skills
Experience
DE&I at PIC
At PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you’ll have access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme, insurance for Travel, Private Medical, Critical Illness, Life Assurance and Income Protection, and much more.
The purpose of PIC is to pay the pensions of our current and future policyholders.
The purpose of PIC is to pay the pensions of its current and future policyholders. PIC provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. At year end 2025, PIC had insured 438,000 pension scheme members and had a portfolio of £54.8 billion, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of UK defined benefit pension schemes. PIC has made total pension payments of £19.3 billion to its policyholders and has invested £15.0 billion in UK direct investments, including housing and infrastructure, creating considerable social value. Clients include FTSE 100 companies, multinationals and the public sector. PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345). For further information please visit www.pensioncorporation.com If you are a policyholder looking to contact your pension scheme administrator, you can find their contact details here: https://www.pensioncorporation.com/policyholders/administration-questions
Offices: 22 Ropemaker Street, London, England EC2Y 9AR, GB
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