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Pension Administrator
2 months ago
About the Role
We are seeking a highly organized and adaptable Pension Administrator to join our Pensions team at Wessex Water. As a key member of our team, you will provide an efficient pensions and benefits administration service to the company and scheme trustees, ensuring that key service level agreements are met.
Key Responsibilities
- Calculate a wide range of retirement, leaver, and transfer calculations to ensure accurate and timely processing.
- Manage the overall workload to ensure the service standards are maintained, prioritizing tasks and meeting deadlines.
- Reconcile weekly and monthly pension scheme movements with the scheme's bank accounts, updating the accounting system and ensuring an effective cash flow system is maintained.
- Process and pay monthly contributions to various providers, ensuring compliance with regulatory requirements.
- Administer employee benefits and assist with renewal policies/contracts covering private healthcare provision and various other employee benefit-related schemes.
Requirements
- Technical knowledge and practical experience of defined benefit and defined contribution pension scheme legislation/administration (minimum 1 year's experience preferred).
- Effective judgment to interpret complex information into clear, concise summaries appropriate for the target audience.
- An adaptable, analytical, and logical way of thinking, high level of common sense, and personal integrity, ability to plan and organize well, multi-task, and deliver to specific timescales.
- A high level of accuracy and attention to detail, with the ability to work calmly under pressure and meet strict deadlines.
What We Offer
- Total pension contributions up to 20%.
- Career progression and professional development opportunities.
- 25 days' holiday rising to 28 with length of service.
- The opportunity to buy up to 10 days' holiday and sell up to five every year.
- A healthcare package that allows you to claim back healthcare costs.
- Life assurance of up to eight times your salary.
- A new electric car in exchange for part of your gross salary, subject to conditions.
- Cashback and discounts from more than 3,000 retailers.
- One paid volunteering day each year.
- Enhanced family leave and pay arrangements.
- An interactive health and wellbeing platform.
- Support from mental health first aiders.
- A £1,000 referral fee if you recommend someone to work for us.
About Us
We are one of the top-performing water and sewerage companies in England and Wales, serving 2.9 million people across the South West. We aim to have a positive impact on the communities we serve and the natural environment. Our people tell us Wessex Water is a great place to work, which is why so many of them stay with us. You will have the opportunity to develop and progress your career, while also receiving health and wellbeing support. We continue to promote diversity and inclusion – with that in mind, all applicants are welcome. We are delighted to have signed the Armed Forces Covenant and are a Disability Confident Employer.
