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Pensions Administrator

2 months ago


Crawley, United Kingdom Charalle Recruitment Limited Full time

Leading Accountancy firm with offices based in Gatwick seek a Pensions Administrator/Technician

As part of the Pensions Team you will provide data management support in the time-critical delivery of specific projects relating to the company’s contracted-out defined benefit scheme. You will also provide in-house maintenance of the defined benefit scheme data in the pensions administration system and in non-systems based records.

Core Duties will include the following:

  • To assist in and support the in-house administration of the company’s defined benefit and defined contribution pension schemes.
  • Working with the Pensions Director, primarily to deliver pension data related projectsrelating to data rectifications e.g. GMPe and Barber audit of and corrections to scheme data
  • To maintain ongoing accuracy of the DB scheme data in both Profund and in non-systems based records
  • To take responsibility for the quality and accuracy of Defined Benefits scheme data in:
    • Audit of input of data accuracy
    • Encouraging adoption of a consistency of approach to data management
    • Querying any data inputting where there is any concern as to its correctness
    • Using initiative to suggest changes to improve administration practices
    • To liaise with the Profund provider, ITM, on systems fixes and upgrades, including testing of such changes
    • To assist in delivery of the Pensions Dashboard Project
  • To work as a member of the in-house pensions team in the administration of the company’s closed DB and open DC schemes:
    • To build a good working knowledge of the pension schemes and associated processes
    • To acquire a good knowledge and understanding of the DB scheme rules and DB/DC scheme literature
    • To diligently adhere to the work management processes
    • To use Profund and Excel in DB member benefit calculations
    • To assist in DB member case work such as leavers, retirements, transfer outs and deaths
    • To work in collaboration with your team colleagues to achieve a high level of administration and service to company staff and scheme membersLI1

Ideal Candidates must have the following skills and experience:

  • At least 2/3 years pensions administration experience
  • Extensive experience of GMP in one or more of: reconciliations, equalisations, governance etc
  • Database and systems management
  • Data analysis and management
  • Ability to perform and audit manual benefit calculations
  • Technically proficient in operational pensions administration
  • Data base and systems management including ability to test programs, correct errors and make changesSoftware
  • Essential - Excel, Word, Outlook
  • Desirable - Profund P3
  • Used to meeting deadlines in a busy working environment
  • Strong data analytical skills, working with large data sets
  • High level of computer literacy, particularly strong Excel skills (tools and formulae)
  • Excellent communication and interpersonal skills