Reed

Senior Pensions Administrator – Amersham part remote : 2 to 3 days remote

Reed

Buckinghamshire, United Kingdom Full-time in I.T. & Communications
  • Salary: £26000 - £30000 / YEAR
  • Job ID 1480380

Job Description

GREAT Pensions, Investments & Insurance company across the UK is looking to recruit a PENSIONS ADMINISTRATOR with DB or DC Admin skills in Buckinghamshire due to great business growth. The company is to continue recruiting talented & committed individuals with the desire to learn & develop. They strive to employ staff with values & great skills, with service to give Clients.

Pension administrators are responsible for day-to-day admin of pension schemes & ensure new & existing clients policies are accurately maintained & serviced. Whether you have pension admin experience or looking to move in to it, with a structured training programme where supported in learning.

Profile:-

  • Manage portfolio of clients
  • Prepare manual & computer generated calculations & related correspondence
  • Maintain member database; prepare computer benefit calculations & linked correspondence
  • Communicate with clients, members & advisers
  • Carry out & check cash handling functions, liaising with bank & investment managers
  • Process & check client pensioner payrolls, including calculation of net pay, arranging payments, liaison with tax offices & preparation of year end returns
  • Liaise with authorities including DWP, HMRC, Pensions Regulator & the Commissioner
  • Prioritise workloads & carry out activities in line to service levels
  • Read, research & understand documents relating to each scheme
  • Check work of other team members, ensuring accuracy & compliance with scheme rules
  • Project based or committee work, as agreed time to time
  • Prepare annual benefit statements
  • Responsibility monitoring completion annual report & accounts in agreed timescales
  • Encourage the team to look for efficient gains.
  • Carry out activities in line with the service
  • Attend client meetings & be prepared to present admin reports
  • Assist with promoting admin services & systems to existing & potential clients
  • Support effective team working & share knowledge to assist with the development of colleagues through coaching & training
  • Demonstrate clear understanding of how the PPF operates, the nature & type of compensation (specific for PPF Administration)
  • Adhere to specific targets, carry out calculations & tasks in working on PPF schemes, & respond to needs for rapid turnaround of work (specific for PPF Admin)
  • Support, implement & maintain Information Security procedures &activities in accordance to Barnett Waddingham’s Information Security Policy, & other Barnett Waddingham accreditations & cards
  • Any other reasonable task as advised

Qualifications:-

  • PREVIOUS PENSIONS EXPERIENCE REQUIRED
  • Certificate in Pension Calculations (CPC) or progress with other relevant PMI qualifications would be an advantage. & Willingness to progress towards professional qualification will be a benefit; PROVEN EXPERIENCE IN THE ROLE IS MORE DESIREABLE than other achievements
  • Good knowledge of MO System
  • Communication skills with members & clients
  • Good attention to detail & ability to check data accurately, &make sure member details are correct
  • Ability to look at data, & then make decisions based on the data
  • Existing pensions experience (DB or DC pensions)
  • Experience working in Financial Services, Banking, Finance, Insurance or similar an advantage
  • Ideally minimum of GCSE (or equivalent) in Maths & English at grade 5 / C or or equivalent, or able to demonstrate a pre-employment test
  • Keen to develop career – Career development opportunity! Progress & opportunity to study senior qualification

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