Senior Pensions Administrator

2 weeks ago

Manchester, United Kingdom GBS - Global Full time
About the Role

We are seeking a highly skilled Senior Pensions Administrator to join our team at GBS - Global. As a key member of our Pensions Outsourcing Practice, you will be responsible for the administration of a combination of Defined Benefit, Defined Contribution, and Hybrid pension schemes.

Key Responsibilities
  • Carry out complex pension administration tasks and calculations, including treasury and payroll, accurately and in accordance with internal processes and company policies.
  • Attend Trustee and ad hoc client meetings, including new business presentations as required.
  • Manage pensioner payrolls, pension increases, and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner.
  • Assist team members as required and provide support to Principal Administrator.
  • Manage the investment of contributions.
  • Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information is provided to the billing manager to ensure work is invoiced in line with the administration client service agreement accurately and in a timely manner.
  • Manage unit reconciliations/lifestyle switches.
About You
  • Strong experience of working with different occupational pension schemes - DB, DC, CARE, Hybrid.
  • Ideally QPA or PMI qualified or willing to study towards relevant qualifications.
  • Proven experience carrying out complex manual pension calculations.
  • The ability to process, collect, and input data and information as delegated.
  • Ability to prioritize workload, keeping to deadlines and disclosure requirements.
  • Information Technology literate - in the use of Office Systems, e.g. Microsoft Office for word processing, spreadsheets, database, and presentations.
  • Good understanding of various codes of professional ethics and standards as promulgated by the PMI.
What We Offer
  • Competitive salary.
  • Great teams and exciting career opportunities.
  • A wide range of benefits, including a minimum of 25 days holiday, plus bank holidays, and the option to 'buy' extra days.
  • Defined contribution pension scheme, which GBS - Global will also contribute to.
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
  • Income protection, we'll cover up to 50% of your annual income, with options to top-up.
  • Health cash plan or Private medical insurance.

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