Senior Pensions Administrator

2 days ago

Belfast, United Kingdom Spence & Partners Limited Full time
Job Title: Senior Pensions Administrator

We are seeking a highly skilled and experienced Senior Pensions Administrator to join our team at Spence & Partners Limited. As a key member of our administration team, you will be responsible for managing and maintaining the administration aspects of defined benefit and defined contribution pension schemes on behalf of the scheme trustees.

Key Responsibilities:

  • Manage and maintain the administration aspects of defined benefit and defined contribution pension schemes.
  • Act as point of contact for scheme members, scheme managers/trustees, and other third parties.
  • Provide mentoring and peer review of less experienced administrators.
  • Carry out all types of exercises from winding up schemes and calculating members' pension benefits to carrying out forensic research for schemes.
  • Provide an excellent service to the members of our Schemes.

Requirements:

  • Broad pension's technical knowledge, with at least five years' experience working in a Defined Benefit pension administration environment.
  • Detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation, and codes of practice.
  • Knowledge of systems, e.g., Microsoft Office/Windows applications.
  • Experience in managing ad-hoc and annual pension projects.
  • Excellent communication skills, both written and oral.
  • Ability to articulate and communicate current and relevant issues to scheme members, pension trustees, and other relevant third parties.

Desirable Criteria:

  • Knowledge of and experience with GMP Reconciliation/Equalisation calculations.
  • Practical knowledge of the Pension Protection Fund (PPF).

About Us:

At Spence & Partners Limited, our primary aim is to provide interesting, worthwhile, and healthy careers for all our people. We believe that this emphasis sets us apart from our competitors. Our ethos is an individual and collective commitment achieved through carefully balancing responsibility with freedom and flexibility, all of which is underpinned by a willingness to work interdependently.

We are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. As part of this commitment, we guarantee to automatically interview anyone with a disability who meets the minimum criteria.

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