Db / Dc Pensions & Group Risk Administrator

3 weeks ago

Milton Keynes, United Kingdom E-Fab Recruitment Ltd Full time

ROLE PURPOSE

One of our Financial Services clients requires a Senior Administrator who has experience of managing and delivering Defined Contribution / Master Trust pensions support and Group Risk administration support (Hybrid working).

The successful applicant will have experience of administering group life assurance schemes (both Registered and Excepted), Income Protection Schemes, Group Critical Illness schemes and Group Medical and Dental Insurance schemes.

Experience of administering Defined Benefit pensions schemes and flexible benefits schemes will also be an advantage.

The successful applicant will be capable of:

- 1. Re-enrolling schemes on their three-yearly anniversaries.

2. Uploading monthly contribution schedules to pension provider websites.

3. Reconciling group risk schemes at the year end.

4. Undertaking re-brokes and rate reviews of group risk schemes.

5. Administering arrangements on a salary sacrifice basis.

Focussing on retention of existing clients and growth of annuity revenue year on year, the role holder will play a critical part in the success and the reputation of the Company.

KEY RESULT AREAS

1. To deliver service and administration to existing and new clients, achieving delivery within agreed service levels.

2. To ensure all procedures are in place and adhered to in line with company requirements and in line with compliance policies.

3. Ensure all data is accurately reflected on all systems used and ensuring compliance with GDPR requirements.

4. The role holder is responsible for identifying, managing and escalating any risks within the business unit they identify.

5. Attend team meetings as and when required.

6. Providing Management information on a weekly and monthly basis to Head of Professional Pensions and Trustee services, covering the status of the work, achievement of service levels.

ATTAINMENTS

Any relevant professional management qualification.

Experience of working in Financial Services, especially Pensions administration - Defined Contribution pensions and Group Risk administration.

This role is hybrid working 35 hours per week.

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