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Railpen · Darlington, England, United Kingdom
DC Pension Administration Stabilisation Lead (Fixed Term Contract)
Darlington (hybrid working) 2 days per week in the Darlington office, with flexibility depending on business needs and stakeholder engagement.
About the role
At Railpen, we take a long-term view, protecting the future of the railways' pension schemes through thoughtful decisions made today. As our Defined Contributi on (DC) pension administration service continues to evolve, we're looking for an experienced pensions professional to join us on a eighteen-month fixed-term contract to support the mobilisation, stabilisation and successful embedding of a newly established DC administration team.
Reporting to the Head of DC Pension Administration, you'll play a pivotal role in maintaining service performance, embedding susta inable ways of working and supporting the transition of day-to-day leadership responsibilities to an existing team manager. This is a hands-on assignment where you'll combine operational expertise, leadership support and continuous improvement to ensure a high-quality service for members and employers.
To learn more about Railpen including our values, culture and purpose, visit our careers page
here
.
What you'll be doing
Supporting the mobilisation, implementation and stabilisation of the DC administration team
Working alongside the Head of DC Pension Administration to prioritise workloads, manage operational issues and embed effective ways of working
Maintaining and improving service performance, operational controls, accuracy and timeliness across DC administration activities
Providing practical leadership support, coaching and knowledge transfer to team members and future team leaders
Monitoring and improving performance against agreed SLAs and KPIs
Managing operational risks, issues and incidents, ensuring appropriate escalation and resolution
Identifying and implementing improvements to strengthen quality, efficiency and member outcomes
Supporting the transition of ongoing leadership responsibilities to an existing team manager
Building effective relationships with employers, suppliers, investment managers and internal stakeholders
Representing DC Administration in relevant meetings, forums and working groups
Key operational responsibilities will include:
Daily cash and unit reconciliations
Resolution of breaks and exceptions
Quarterly investment rebalancing
Investment switches and unit adjustments
Processing member and employer contributions
Transfers in and out
Retirement claims
Ill-health claims
Bereavement cases
Divorce Pension Sharing Orders
Complaints and escalations management
Member, employer and supplier queries
What we're looking for
We're looking for an experienced pensions professional with a strong track record of delivering operational improvements and supporting teams through periods of change, mobilisation or recovery. You'll be comfortable rolling up your sleeves to solve complex challenges while maintaining strong governance and service standards.
Essential
Strong experience in DC pension administration, ideally within a Master Trust or similarly complex DC environment
Proven experience supporting mobilisation, service recovery, stabilisation or transition activity within pensions administration or another regulated environment
Excellent knowledge of DC administration processes, including investments, reconciliations and operational controls
Experience operating within a highly regulated environment and applying effective risk management practices
Ability to balance operational oversight with hands-on delivery and implementation support
Strong stakeholder management and communication skills
Excellent organisational skills with the ability to manage competing priorities and deliver results at pace
A collaborative approach with a focus on continuous improvement and member outcomes
Desirable
Experience supporting pensions administration transformation, transition or mobilisation programmes
Experience leading service recovery or operational stabilisation initiatives
Knowledge of AAF 01/06, The Pensions Regulator's General Code or similar governance frameworks
Experience working with multiple employers, suppliers and internal stakeholders in a pension administration environment
Why is this role exciting now?
This is a unique opportunity to play a key role in the establishment and successful embedding of Railpen's DC administration team. You'll have the chance to make an immediate impact by helping shape operational processes, strengthen service delivery and build capability within the team.
Your expertise will directly contribute to creating a sustainable and high-performing administration function that delivers excellent outcomes for pension scheme members. The work you do during this assignment will leave a lasting legacy long after the transition is complete.
Details
| Company | Railpen |
| Location | Darlington, England, United Kingdom |
| Type | FULL TIME |
| Niche | general |