Career options | Options Pensions

At Options we’re always looking for talented people who want to make a difference.

Our aim is very simple - to hire the best person for the job. We’re dedicated to making a difference in the world of pensions, so that means we consider not just your expertise and experience but your fit with our culture as a team and as a business dedicated to finding solutions.

When you join Options, you’ll find yourself in a place where you’re properly supported by everyone around you. We’ll provide you with on-the-job training, feedback as well as coaching and support with exam qualifications should you take them.

We enjoy a special sense of community at Options and we encourage all our new people to become a part of that.

Current Vacancies

Recruiting now - PENSIONS ADMINISTRATORS - We are seeking to recruit a Pensions Administrator to work within our expanding administration team across our SIPP and Group Pensions / Corporate Pensions Administration Team who provide a full third-party administration service for a range of clients in relation to their pension and protection benefits.

You will be responsible for a wide range of tasks including dealing with day-to-day pensions administration and queries from key partners, employers, employees and investment houses. Duties will include drafting correspondence, maintaining member records, preparing reports and scheme documents collating and analysing data to exacting standards.

Candidates should have experience any of SIPP, SSAS, Commercial Property, GPP, Corporate Pensions, Defined Benefit, Defined Contribution or Group Pensions administration. Proficient use of MS Office packages, particularly Word and Excel, and a professional telephone manner are essential. Progress through pension industry qualifications would also be advantageous.

This is an excellent opportunity to further develop your career with a genuine market leader who can provide full support for further qualifications and offer clear opportunities to progress their career.

Recruiting now - INDEPENDENT TRUSTEE

Options Corporate Pensions UK Limited (‘Options UK’) is currently looking for an independent trustee individual to join our Master Trust Trustee Board

Background

Options UK is the sponsor and administrator of The Options Workplace Pension Trust (“OWPT”) and is third party administrator to one other Master Trust. As part of its continued growth, it is currently considering new appointments to the role of independent trustee, and is seeking, an individual or body corporate to join a Board of Trustees with oversight for OWPT. There are circa 3,500 employers across the Trust within excess of 133,000 active and 100,000 deferred members. New employers and member continue to join at a steady rate.

Options UK is part of STM Group plc

Term of Appointment and Meeting Expectations: A minimum of 4 trustee Board meetings a year, mainly done on Teams, but more will be face to face. Plus additional time for ad hoc trustee meetings as required. Specific activities and attendance to sub committees is also expected (e.g., investment committee / communications committee) during the year.

The term of the appointment is for a minimum of 3 years with maximum of 2 terms.

An agreed fee will be paid which will be approved prior to the appointment.

Key Responsibilities:

Legislation. A fiduciary duty to the beneficiaries of the trust to:

act in the best interests of those beneficiaries.
use the care, diligence and skill that a person of ordinary prudence would use in the administration of the fund; and

Use a high standard of care in ensuring that the administration of the trust:

comply with pensions, tax and other applicable legislation.
comply with the requirements of the Schemes’ Trust Deed and Rules; and
Is provided with the best interests of the members

Ensure the requirements of the Pensions Schemes Act 2017 are implemented and adhered to.
Ensure confidentiality is maintained
Act prudently, responsibly, and honestly
Respond to important issues and make decisions effectively
Operate efficiently and help the trustee board focus on strategic priorities
Monitor and oversee the main scheme activities effectively, including those delivered by third parties such as risk management, administration, investment and member communication
Review and sign off annual financial statement for the Master Trust.
Regular review of risk register, appetite, tolerance and strategy.
Regular review of risk, suitability and investment performance.

Key Requirements:

Independent Trustees must have a strong background in the workplace pension industry with sufficient experience and expertise to add value to the Trustee Board

Knowledge of the pensions and investment market as a whole
Knowledge of pensions regulation and legislation
Excellent communication skills
Excellent data analysis skills
Excellent listening and questioning skills
Excellent written and verbal communication and presentation skills
A high level of attention to detail
At least 3 years’ experience of operating as an independent trustee
Hardworking and confident, professional, constructive and assertive
Analytical, problem pre-emption and troubleshooting.
Strong planning and organisational skills.
Strong communication skills.
Critical thinking, the ability to think objectively and demonstrate sound judgement.
Resilience under pressure.
Flexible thinking and ability to adapt to change.
Strong ethical standards, high levels of integrity, and an acceptance of adherence to the organisational values

Summary of Desired Experience

Demonstrable leadership experience within Financial Services industry, with appropriate pensions and experience relevant to a Trustee Board.

Previous independent trustee experience.

Previous regulatory management and governance experience.

Has obtained or in the process of obtaining a professional trustee qualification

Diversity and Inclusion:

Options UK recognises the need for diversity and inclusion at any level including age, ethnicity, gender, religion and disability as far as possible. This is reinforced by the regulators who place an importance on diversity for improving decision making and providing effective challenge. Diverse boards, made up of members with different skills, knowledge, experience and values will support different perspectives being brought to the discussion.

How to apply

If you are interested in applying, please click below

Applications sent after 21st March 2022 at 9am will not be considered.

If you think you could fill one of our vacancies please send your CV now to HR@optionspensions.co.uk Please write a note explaining why you want to be part of our team.

NO AGENCIES PLEASE

General job enquiries

If there aren’t any opportunities currently matching your talents, but you’d like us to consider you for future jobs, please complete our Contact Us form, attaching an up-to-date CV.

Thank you for your interest.