Trainee Pensions Administrator

4 weeks ago


Liverpool, United Kingdom Search Consultancy Full time

My client based in Liverpool City Centre is looking to recruit a Trainee Pension Administrator who will be responsible for providing support and assistance in all aspects of pension administration. The role will be based at their head offices on a permanentfull time basis, working Monday - Friday 8:30am - 5:00pm.
The duties and responsibilities of this role include;
- Creating and maintaining accurate pension scheme records.
- Accurately processing new business and monitoring progress through to completion, monitoring receipt of funds and initial fees.
- Banking and allocation of client money, ensuring FCA regulatory requirements are met.
- Liaising with ceding pension scheme providers to obtain pension transfer monies, ensuring all relevant information is obtained.
- Accurately processing pension investment/disinvestment instructions relating to new business, additional investments, reallocations and money out transactions.
- Pensions servicing activities e.g. employer contribution monitoring, group contribution processing, pensions on divorce etc.
- Pension benefits processing e.g. annuity purchase, income drawdown, phased income drawdown, death cases.
- Accurately processing monthly pension payroll.
- Providing a timely, pro-active and high quality service to clients at all times
- Collating information for regulatory reporting
- Handling both written and telephone enquiries from clients, advisers and 3rd party service providers.
- Identifying and reporting risks and breaches.
- Processing complaints.
- General administrative duties e.g. photocopying, scanning, filling.
- Any other operational duties as required.



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