GMP Reconciliation & Rectification - Assistant Actuarial & Consulting

GMP Reconciliation & Rectification
- Assistant Manager

As part of this role you’ll be working in Isio’s Actuarial & Consulting team – over 400 pensions experts – actuaries and consultants advising a diverse range of clients and stakeholders across the private, public and not-for-profit sectors.

We advise on everything from helping trustees and sponsors to manage their defined benefit plans, running large scale communications projects and implementing alternative reward and pension provision. The range of work we get involved with is vast and there’ll be opportunities for you to gain lots of great, new experiences, focus on working towards specialising in particular roles and put your skills to the test.

The GMP Reconciliation & Rectification
- Assistant Manager leads GMP reconciliation and rectification projects for DB pension schemes, overseeing the review of historical GMP data, identifying discrepancies, and developing plans to correct member records. It acts as the main point of contact for clients, provides guidance to analysts, delivers insights to Trustees, and supports the growth of GMP advisory services.

We work on a hybrid basis, offering the opportunity for colleagues to split their working time between working in the office, at client sites and s role is likely to be based in either Belfast or Birmingham.

• Lead end-to-end GMP reconciliation projects for DB pension schemes, including data validation, reconciliation of scheme records with HMRC data and discrepancy rectification.
• Review gaps in historical GMP data, identified by analysts using tools such as HMRC’s GMP Checker and proprietary reconciliation models.
• Review GMP entitlements for members and develop rectification plans for schemes with incomplete or inconsistent GMP records.
• Review GMP reconciliation reports for Trustees, including actionable insights on data gaps, financial impacts, and risk mitigation strategies.
• Act as the point of contact for Trustees, employers, and third-party administrators, presenting GMP reconciliation findings and GMP rectification plans in client meetings.
• Train analysts on GMP reconciliation methodologies and best practices.
• Identify opportunities to expand GMP advisory services, contributing to proposals and pitches for new clients.

• Qualifications: Whilst not essential, you may be currently pursuing FIA/FFA or PMI or equivalent qualifications and Isio are happy to provide the relevant study support for your chosen path.
• Relevant Industry experience: You will likely have either a pensions administration or pensions actuarial background with a solid technical understanding of GMP reconciliation and rectification gained by working previously in a DB pensions consultancy environment or similar.
• Technical experience: Advanced proficiency in Excel for data manipulation and reconciliation.
• A great team worker: This will be as part of project teams, in-office teams and by supporting the development of others.

Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates.