DB Pension Scheme Administrator

2 weeks ago

Manchester, United Kingdom MERJE Ltd Full time
Job Title: DB Pension Analyst

We are seeking an experienced DB Pension Analyst to join our team at MERJE Ltd. As a key member of our pension administration team, you will be responsible for administering occupational pension schemes in accordance with contracts to the required standards and deadlines.

Key Responsibilities:
  • Carry out complex pension administration tasks and calculations, including overseeing the management of treasury and payroll in accordance with internal processes and company policies.
  • Accountable for ensuring the delivery of specific client/workloads.
  • Manage and coordinate the delivery of admin projects.
  • Check and authorise other administrators' work.
  • Supervise, train, coach, and mentor staff.
  • Assist team members as required and provide support to the CSD Team Manager.
  • Attend Trustee and ad hoc client meetings 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.
  • Manage trustee bank accounts.
  • Manage the investment of contributions.
  • Assist the client account manager with any documentation they require with carrying out their responsibilities.
  • Ensure client work is processed accurately and in a timely manner within target dates.
  • Prioritise work to ensure Service Level Agreements are maintained.
  • Assist the CSD Team Manager with the monitoring of transactional activity for Tariff and Fixed fee clients.
  • Deal with non-standard client/member queries.
Requirements:
  • Usually a minimum of 5 years' experience of occupational pension scheme administration, including management and/or mentoring of team members.
  • Logical approach to problem-solving.
  • Ability to prioritise workloads with conflicting importance, keeping to deadlines, agreed service levels, and disclosure requirements.
  • Attention to detail.
  • Knowledge to perform and check complex manual calculations.
  • Ability to break down and explain complex calculations in simple terms.
  • Promptly and professionally communicate with clients and scheme members on queries when required via letter, email, and telephone.
  • Confidence in providing feedback.
  • Act as mentor to Senior Administrator.
  • Provide positive reinforcement to motivate direct reports.
Benefits:
  • 25 days annual leave allowance.
  • Private Medical insurance.
  • Pension Scheme.
  • Life Assurance.
  • Income Protections.
  • Company Bonus Scheme.

Applicants must be located and eligible to work in the UK without sponsorship.

Please note, should feedback not be received within 28 days, unfortunately, your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website.

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