Pensions Administrator

2 weeks ago


Chelmsford, United Kingdom Focus Resourcing Full time

Our client based in Chelmsford is recruiting for an experienced DB Pensions Administrator to join their team.

**You must have at least 1-2 years experience in Defined benefits pensions schemes.**

Performing all basic and intermediary pensions administration and project related tasks e.g. handling of new entrants, leavers, retirements, transfers and deaths.

Your role:

- Adhering to best practice procedures in all aspects of pensions administration related tasks as defined by the Company.
- Participating in annual projects such as; renewals, benefit statements, life assurance, PHI and pension increases. Handling any data processing and administration tasks, ensuring projects are fully monitored and completed in line with customer and legislationrequirements.
- Ensuring standard documentation is scheme specific, and incorporating them into existing procedures.
- Monitoring on going procedural developments and implementing changes to procedures where required.
- First level checking of work completed by more junior staff. In addition, final checking of non-financial work e.g. change of address.
- Informal training and mentoring of more junior members of the team.
- Receiving and handling internal and external telephone queries and where applicable becoming first point of contact for clients.
- Running automated systems calculations.
- Performing manual benefits calculations.
- Assisting the team with project related work e.g. bulk mailshots to scheme members.
- Updating relevant pension administration databases and systems.
- Dealing with more complex pensions queries.
- Logging and scanning post/correspondence.
- Handling both Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) queries.
- Assisting in non-client related work such as technical committees, training and events.
- Working closely with other departments/teams both internal and external to the Company in order to provide a total service to our clients. E.g. Pensions Accounts, Payroll, Administration Support and ITM (3rd party IT software provider).
- Ensuring the accurate updating of time recording system (Virtual Office) for both chargeable and non-chargeable activities and meeting required utilisation targets.

The person:

- Experience of current pensions legislation and framework is essential, especially the regulatory requirements of the various Pensions and Finance Acts which impact on pensions administration.
- Experience of checking and mentoring more junior members of staff would be desirable.
- Third party pensions administration experience preferred, although strong all round experience within an in house pensions department, which is not purely process driven will be considered.
- Able to demonstrate a numerical aptitude evidenced by work related experience or academic achievements as listed below.
- IT proficient, in particular Microsoft Word, Excel & Outlook.

Training, education & qualification
- Educated to a minimum of A Level or Degree or equivalent standard.
- Ideally a minimum of three C grades or above at A Level or equivalent qualification.
- Strong Maths and English GCSE or equivalent qualification - minimum grade B.
- Studying for or a willingness to study for a relevant pensions qualification e.g. CPC/QPA/DPC/RPC/APMI.


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