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Pensions Administrator Specialist

2 months ago

Yorkshire And The Humber, United Kingdom NET Recruit Full time

About the Role:

The company, a nationally recognized business, is seeking a Pensions Benefits Specialist to join their team in the South Yorkshire area. As a Pensions Benefits Specialist, you will be responsible for supporting the administration of the pension scheme and service centre, ensuring that business and pensions processes conform to specifications.

Key Responsibilities:

  • Handling compliance tests for the Pension Service Centre's business processes, ensuring these conform with specifications.
  • Supporting the team to action any highlighted areas that need improvement through the compliance testing.
  • Providing support to the de-risking and wider teams to develop solutions for pension benefits, record keeping and administration, with the aim of enabling post-migration calculation and payment of residual benefits.
  • Rectifying any benefits as the need arises and creating communication to members for trustee reviews and sign off as these occur.
  • Relaying important information to the team members working on the helpline to ensure they can communicate with members and resolve queries accurately.

Requirements:

  • A background working in and administering final salary pensions, UK DB Pension Schemes and CARE Benefits.
  • Experience in handling, extracting and presenting data relating to pension schemes.
  • A relevant PMI qualification such as APE, QPA, CPSMG or other similar finance or payroll qualifications.
  • Excellent communication, both written and verbal, and a diligent approach to work.

What You Will Get:

  • A starting salary in the region of £42,000, depending on qualifications and experience.
  • An excellent benefits package, including a strong holiday allocation, pension contribution, health and dental options, share schemes and discounts and offers on various businesses and products.
  • A collaborative work environment that supports career progression and development.