Pension Administrator

1 month ago


Glasgow, Glasgow City, United Kingdom Spence & Partners Ltd. Full time
Pension Administrator Job Description

Spence & Partners Ltd. is seeking a skilled Pension Administrator to join our Pensions Projects team. As a key member of our team, you will play a crucial role in delivering high-quality pension projects to our clients.

Key Responsibilities:
  • Data analysis and rectification
  • Legal reviews, including benefit specification and equalisation advice
  • Data transfer to the Pension Protection Fund or insurance companies

You will work closely with team members, Trustees of pension schemes, PPF, insurance companies, and other third parties to ensure the successful delivery of pension projects. A strong understanding of defined benefit pensions schemes and UK pensions legislation, regulation, and codes of practice is essential for this role.

Requirements:
  • Broad pension's technical knowledge, with at least three years' experience working in a Defined Benefit pension administration environment
  • Experience in managing ad-hoc and annual pension projects
  • Knowledge of and experience with GMP Reconciliation / Equalisation calculations
  • Practical knowledge of the Pension Protection Fund (PPF)

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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