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Group Life
3 months ago
My client is an Independant Financial Advisory firm (IFA) based in Harrogate, providing Financial Advice to both businesses and individuals within the Yorkshire areas.
We are urgently seeking an experienced Group Life & Pensions Administrator to join the firms existing Administrative teams, secifically you'll be responsible for:
Group Life & Pensions Administration
Administration of Group Schemes for Group Life, PHI, GPP, and PMI. Dealing with all aspects of running schemes, including writing to new members and underwriting requests. Dealing with renewal information and re-broking schemes as and when required.
Processing new business including obtaining illustrations.
Ensuring clients' records are kept up to date on the back office system.
Keeping up to date with legislation changes and FCA requirements.
To ensure smooth running of the Department to support the Consultants and Financial Planners and comply with the Compliance procedures of the Company.
SASS Administration
Day to day administration of SSAS schemes, including members' pension payments, payroll arrangements and liaising with HMRC re PAYE matters. Maintaining Scheme bank accounts, acting as signatory on accounts and maintaining liquidity. Calculation of members' benefits.
Liaising with Accountants regarding preparation of pension scheme accounts.
Liaising with Solicitors regarding property assets, leases, scheme documentation.
Preparation of Deeds and documents to run and administer the schemes.
Setting up and administering loans from scheme to employer as required.
Ensuring notifiable events are reported to HMRC in a timely manner.
HMRC pension scheme returns. VAT returns and tax reclamation returns. Pension Regulator returns.
We are ideally seeking a candidate who has a minimum of 18months experience working as a Financial Services Administrator, ideally within Pensions, with solid knowldge of Pensions including Group Life, PHI, GPP, and PM. The firm is willing to provide training for those who need development on the SASS side, but it would be beneficial if you already had knowledge on th SASS side. It would be to your advantage if you have any related qualifications e.g. GR1.
Additional information VACANCY DETAILS Location:
Harrogate
30
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