Senior Pensions Administrator
2 weeks ago
GREAT Pensions, Investments & Insurance company across the UK is looking to recruit a PENSIONS ADMINISTRATOR withDB or DC Admin skills & may allow the Amersham area if you are close to there. The company is recruiting talented & committed individuals with the desire to learn & develop. They strive to employ staff withvalues & great skills, withservice to giveClients.
Pension administrators are responsible for day-to-day adminof pension schemes & ensurenew & existing clients policies are accurately maintained & serviced. Whether you have pension admin experience orlooking 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 computerbenefit calculations & linked correspondence
- Communicate with clients, members & advisers
- Carry out & check cash handling functions, liaising withbank & 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 monitoringcompletionannual report & accounts inagreed timescales
- Encourage the team to look for efficient gains.
- Carry out activities in line with theservice
- Attend client meetings & be prepared to present admin reports
- Assist with promotingadmin 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 SKILLS DB & DC
- Certificate in Pension Calculations (CPC) or progress with other relevant PMI qualifications would be an advantage. & Willingness toprogress towards professional qualification willbe 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 oror equivalent, or able to demonstrate apre-employment test
- Keento develop career - Career development opportunity Progress & opportunity to study senior qualification
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