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    {"title": "Pension Administrator Role", "description": "At WTW, we are seeking a skilled Pension Administrator to join our team. As a Pension Administrator, you will be responsible for the administration of occupational pension schemes, ensuring that all client/members' needs are met. Your duties will include communicating effectively with clients/members,...

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Pension Administrator

4 months ago

Leeds, United Kingdom Barnett Waddingham Full time

Overview:
Barnett Waddingham is a partner-led business which prides itself in providing straightforward and well-communicated pensions advice. From small beginnings with just 20 people, our total headcount is now over 1,526 (including 94 partners, 76 principals, 112 associates and 152 Qualified Actuaries) - with offices in nine locations around the UK. We act for a wide range of clients, large and small, including almost 25% of FTSE100 and over 15% of FTSE350 firms in the public and private sectors.

The Pension Administration Business was established in 1993. Our core business is the provision of services to trustees of UK occupational pension schemes DB, DC, CARE, cash balance - and we will do this as a stand-alone “admin-only” appointment or in conjunction with services provided by other Barnett Waddingham Practice Areas. The services are provided from all of our UK offices and include:

- Benefit administration
- Cash handling and preparing draft accounts
- Pensioner payroll
- PPF assessment administration services
- Administration consulting services
- Data audits and data cleansing
- Scheme governance and trustee secretarial
- Specialist roles (secondments, expert witness)
- Bespoke one off projects
- Support for trustees and in-house personnel

**Responsibilities**:

- Prepare computer generated benefit calculations and related correspondence
- Maintain the member database; prepare computer generated benefit calculations and related correspondence
- Have a basic understanding of how the PPF operates
- Communicate with clients, their members and advisers
- Carry out cash handling functions for client pension and related arrangements, liaising with bank and investment managers as appropriate
- Process client pensioner payrolls, including calculation of net pay, arranging payments, liaison with tax offices and preparation of year end returns
- Liaise with authorities including DWP, HMRC, The Pensions Regulator and the Information Commissioner
- Read and understand documentation relating to each scheme, for example booklets
- Prepare manual calculations to develop an understanding of pensions
- Carry out member activities in line with agreed service levels
- Assist with project based work, as agreed

The above is intended to describe the general nature and responsibilities of the role and is not intended to be an exhaustive list of all duties or responsibilities of employees in this role

Qualifications:
**Experience/Qualifications**
- Minimum of GCSE Grade “5” or “C” in Maths and English is essential, however experience in the role is more desirable than other academic achievement.
- Relevant Financial Services experience or a background in DC or DB pension administration would be a benefit. Experience of working in an office within a team environment is beneficial. Payroll and accounts experience would also be beneficial in particular roles.
- A strong understanding of Microsoft Office programmes, in particular Excel, Word and Outlook.

What's in it for you?:
**Core & Flexible Benefits**:

- Competitive discretionary annual bonus
- Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading
- A generous pension scheme where we contribute 8% of your salary from day one of your employment
- Employee Assistance Programme to support you and your family through any concerns or challenges you may experience
- A comprehensive range of voluntary benefits to suit your life stage and lifestyle including a tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, gym membership, travel insurance and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies
- Fresh fruit, hot and cold drinks provided free of charge in all of our offices

**Giving Something Back**:

- 1 paid volunteering day per year as a commitment to our Corporate Social Investment
- Support your favourite charity with the "Give as You Earn" option
- Match-funding for individuals raising money for a recognised charity
- Our corporate social investment programme is an integral part of what we do and is focused on ensuring that our overall impact is a positive one. We recognise that we have an impact that goes beyond our core activities.

**Values**: our values are PRINCIPLED, RESPECT, QUALITY AND PARTNERSHIP - they are important to us and we want them to be important to you as well.

**Wellbeing**: employee wellbeing has always been important to us and our approach is to create an environment where individuals will be engaged at work, successful in what they do and able to achieve their full potential, benefiting both their self and the business. BW offer a great range of employee benefits as we believe it's important individuals are supported in making ch