BPA Onboarding & Transitions Manager

Management Level

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.

EQ’s vision is to be the leading global share registrar, offering complementary services to its client base and our values set the core foundations to our success. We are TRUSTED to deliver on our commitments, COMMERCIAL in building long term value, COLLABORATIVE in our approach and we IMPROVE by continually enhancing our skills and services. There has never been a better time to join EQ.

Role Summary
EQ is seeking an experienced BPA (Bulk Purchase Annuities) Onboarding and Transition Manager, with a proven track record, to be a conduit between the EQ BPA Onboarding & Transition Team and the Insurer and their client to ensure seamless transition to Buy In or Buy Out and effective operational readiness.

You should have significant experience in the pensions industry and a strong technical pensions background, specifically in the area of BPA and the onboarding of schemes which have chosen to de-risk through a transaction with an Insurer.

Core Duties & Responsibilities

• To co-ordinate, project management of multiple BPA onboarding and migration plans and resources, as well as leading all BPA Onboarding and Migration activities in line with robust service level agreements, client, quality and risk requirements.
• Day to day management of a growing team of UK resources, as well as establishing additional capacity, processes, and structure, feeding into a right shoring growth strategy.
• Manage and ownership of the successful transition of BPA transactions through data cleanse/true-up and into live shadow administration.
• Liaising closely with the client to understand each BPA transaction and obtain implementation requirements, acting as the face of EQ Retirement solutions in respect of the onboarding and migrations you are responsible for
• Raising any new requirements and improvements that would impact the EQ BPA Framework through the appropriate internal channels.
• Work with the Head of BPA Onboarding and Transitions to ensure capacity forecasting is in place and maintained to accommodate the pipeline of new and migrating schemes, as well as being a senior leader in the team, and representing the Head of Onboarding & Transactions as an understudy
• Work closely with the BPA Implementation Analysts to ensure any bespoke processes are highlighted and implemented with relevant training and oversight provided to the operations area.
• Liaise with the Insurer’s Transition Managers (and their clients, where applicable) to ensure a seamless migration of the scheme into the Buy In and/or Buy Out product and handover of all in progress admin workload.
• Ensure all payroll related activity is completed for all new business schemes including all parallel payroll requirements and bespoke payroll items.
• Understanding all buy in to buy out requirements including all policy document templates capture all scheme nuances.

Skills, Capabilities and Attributes

• Undertake analysis on implementation, migration, and transition projects for clients, leveraging their experience and understanding of complex scheme benefit specification and BPA onboardings and migrations.
• Analyse changes and enhancements to the BPA product functions within the Administrator Platform, with an ability to translate these into business requirements working closely with wider stakeholders.
• Liaise with client to define and understand requirements and estimate work.
• Accurately estimate and plan deliverables, as well as resources.
• Adhere to robust project estimating, planning, management reporting and control procedures, including maintain RAID logs and mitigating actions. 
• Strong experience of BPA product and requirements is essential.
• A strong experience working in BPA market either as a BPA Transition Manager or closely aligned to a role that has this detailed knowledge and understanding.
• Proven track record of being involved in the end-to-end life cycle of scheme BPA onboardings and migrations that has delivered on time and to commercial objectives.
• Demonstrable process definition and continuous improvement experience, with an ability to manage, coach and upskill colleagues.
• Demonstrable software development capability

What We Offer

• Save For Your Future - Equiniti Pension Plan; Equiniti matches your pension contributions up to 10%
• All Employee Long Term Incentive Plan (LTIP) – Gives all EQ Colleagues the opportunity to benefit if the current owners successfully sell the company for a profit.
• Health and Wellbeing – Employee Assistance Programme: counselling, legal & wellbeing support for colleagues and their households. Life assurance cover at 4x salary with the ability to purchase enhance cover.
• Employee discounts – Discounts and cashback at your favourite high street stores through our EQ Wins Platform.
• Flexible Benefits – The ability to purchase a wide variety of benefits through our flex plan; gadgets, travel insurance, will writing, holiday trading and more.
• Time Off – Typically 28 days holiday + bank holidays. 2 volunteer days to get involved with a charity of your choosing.
• Winning together – Equiniti ICON award vouchers; recognising the individuals going above and beyond to help the business succeed.
• Learning & Development – Investment in LinkedIn Learning for all colleagues. 

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

Please note any offer of employment is subject to satisfactory pre-employment screening checks. These consist of 5 year activity & GAP verification, DBS or Access NI, Credit, Sanctions & CIFAS checks.