Senior Pensions Administrator

Senior Pensions Administrator

Our large multinational financial services client requires driven individuals to join their dynamic and growing workforce as a SeniorPensions Administrator. This position is a permanent and the client is looking for an ambitious individual with a progressive attitude.

Hours of work: Monday to Friday, 9am-5pm.

Office Flexibility: Working from Home availability (2 days per week). Office based 3 x days.

Salary: Up to £38,000 per annum PLUS benefits.

Key Requirements: The candidate will normally have a minimum 5 years’ experience of occupational pension scheme administration.

·Logical approach to problem solving.

·The ability to process collect and input data and information as delegated;

·Strong experience of working with different occupational pension schemes - DB, DC, CARE, Hybrid;

·Ideally QPA or PMI qualified or willing to study towards relevant qualifications;

·Excellent time management skills with ability to prioritise workloads with conflicting importance, keeping to deadlines, agreed service levels and disclosure requirements.

·Knowledge to perform and check complex manual calculations.

·Ability to break down and explain complex calculations in simple terms.

·Promptly and professionally communicate with clients and scheme members on queries when required via letter, e-mail and telephone.

·Communicate effectively with colleagues and provide feedback.

·Ensure the team always provides exceptional customer service.

·Accountability to our clients, the members and management of the business.

·Ability to manage team member workloads to ensure delivery/support

·Provide opinions if you have an idea to create more efficiencies.

·Strong working knowledge of Office Systems, e.g. Microsoft Office and Pension administration systems.

Key Responsibilities:

·As a Senior Administrator, you will be responsible for the administration a combination of DB, DC and Hybrid pension schemes in accordance with our client’s requirements to the desired standards and deadlines.

·As a Senior Administrator you will be used to supporting complex queries, manual calculations and be adept at checking and allocating work. Defined Contribution (DC) experience will be an advantage and progression with PMI qualifications is also desirable.

·You will be responsible for the supervision of up to two trainee / junior Pensions Administrator and be expected to deputise for Principal Pension Administrator when required.

·Carry out complex pension administration tasks and calculations including treasury and payroll accurately

·Attendance at Trustee and ad hoc client meetings, including new business presentations as required;

·Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;

·Assist team members as required and provide support to Principal administrator;

·Management of investment of contributions;

·Management of unit reconciliations / lifestyle switches.