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Pension Scheme Administrator

2 months ago

Staffordshire, United Kingdom Sammons Recruitment Group Full time
About the Role

We are seeking a highly skilled Pension Scheme Administrator to join our team at Sammons Recruitment Group. As a key member of our team, you will provide operational support to the Defined Benefit (DB) trustee board and its Committees, ensuring they operate effectively and meet all governance and regulatory requirements.

Key Responsibilities:

  • Provide operational support to the DB trustee board and its Committees, including drafting agendas, meeting scheduling, taking minutes, and monitoring and progressing action points.
  • Support on all aspects of operational governance, including monitoring of plan's risk register, annual business plan, conflicts policy/conflicts log, group life insurance policy, and business as usual guide.
  • Own, review, and process all invoices to ensure timely payment, including payment of advisers'/suppliers' professional fees, investment transactions in relation to drawdown and disinvestment administration, and monthly plan cashflow rebalancing.
  • Liaise with plan's investment managers, fiduciary manager, and asset custodians, requiring ability to analyze and interpret complex investment and financial data.
  • Excellent attention to detail, proactivity, and adherence to asset dealing deadlines are required.
  • Liaise with third-party administrators to monitor ongoing work and project delivery.
  • Review and control the administrative quality at both member and pension plan level through regular service delivery meetings, quarterly reports, and identify and escalate issues to Pensions Manager as necessary.
  • Provide support to the Pensions Manager as required in relation to regular and ad-hoc DB projects.
About You

We are looking for an individual with excellent knowledge of DB and DC pension arrangements and pensions legislation/regulatory framework. You will have experience of relationship management with internal and external stakeholders and ability to deal with employees at all levels as well as Trustees and management.

Requirements:

  • Excellent knowledge of DB and DC pension arrangements and pensions legislation/regulatory framework.
  • Experience of relationship management with internal and external stakeholders and ability to deal with employees at all levels as well as Trustees and management.
  • Strong financial acumen.
  • Ability to provide project management support.