Senior Pension Administrator

6 days ago

Bristol, Bristol, United Kingdom GBS - Global Full time
About the Role

We are seeking a highly skilled Senior Pension Administrator to join our Pensions Operations team at GBS - Global. As a key member of our team, you will be responsible for the administration of a combination of defined benefit, defined contribution, and hybrid pension schemes.

Key Responsibilities
  • Carry out complex pension administration tasks and calculations, including treasury and payroll, accurately and in accordance with internal processes and company policies.
  • Attend trustee and ad-hoc client meetings, including new business presentations as required.
  • Manage pensioner payrolls, pension increases, and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner.
  • Assist team members as required and provide support to the Principal Administrator.
  • Manage the investment of contributions.
  • Monitor transactional activity for tariff and fixed-fee clients and ensure regular financial information is provided to the billing manager to ensure work is invoiced in line with the administration client service agreement.
  • Manage unit reconciliations and lifestyle switches.
About You
  • Strong experience of working with different occupational pension schemes, including DB, DC, CARE, and Hybrid.
  • Ideal QPA or PMI qualified or willing to study towards relevant qualifications.
  • Proven experience carrying out complex manual pension calculations.
  • The ability to process, collect, and input data and information as delegated.
  • Ability to prioritize workload, keeping to deadlines and disclosure requirements.
  • Information technology literate, with experience in the use of office systems, such as Microsoft Office for word processing, spreadsheets, database, and presentations.
  • Good understanding of various codes of professional ethics and standards as promulgated by the PMI.
What We Offer
  • Competitive salary.
  • Market-leading pension administration solutions.
  • Opportunities for career growth and development.
  • A dynamic and inclusive work environment.
  • A range of benefits, including a minimum of 25 days' holiday, plus bank holidays, and the option to 'buy' extra days.
  • A defined contribution pension scheme, with employer contributions.
  • Life insurance, with a 4x basic annual salary payout.
  • Income protection, with up to 50% of annual income covered.
  • Health cash plan or private medical insurance.

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