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Pension Administrator

2 months ago

StratforduponAvon, Warwickshire, United Kingdom Recruit Wealth Full time
Main Responsibilities

As a dedicated member of the SIPP administration team, you will be responsible for processing SIPP transfer out requests, new business applications, and other administrative tasks. You will also support client and adviser needs with the highest professional standards.

Key Tasks
  • Process SIPP transfer out requests and new business applications through to completion
  • Complete transfers in and investment applications, ensuring timely communication with advisers and members
  • Process PCLS payments for clients in retirement and regular and ad-hoc payments for clients in retirement
  • Administer the whole life cycle of a SIPP from transfers to retirements, including investment withdrawals and member benefit payroll
  • Use HMRC online services to process income tax and ensure compliance with Service Level Agreements
  • Build relationships with our advisers and clients, ensuring excellent customer service and resolving complaints effectively
Requirements

To be successful in this role, you will need strong SIPP/Pension knowledge, attention to detail, and the ability to perform under pressure. You will also need excellent organisational and multi-tasking skills, proficiency in Microsoft Office, particularly Excel, and positive written and verbal communication skills.

You will be able to understand SIPP rules, perform drawdown calculations, bereavement benefit calculations, and divorce calculations, and be able to identify non-standard investments. You will also have an aptitude to learn and adapt new skills, processes, systems, and tasks.

About the Company

Our company is an award-winning, industry-recognised brand that offers various opportunities across the business for Financial Services professionals. We have an excellent working culture where staff retention is excellent, and we offer an attractive salary alongside comprehensive benefits. Office/hybrid working is fully supported, and we are committed to providing a positive and inclusive work environment.