Pensions and Payroll Expert
4 days ago
Our client, a prominent educational institution, is seeking a highly skilled Pensions and Payroll Specialist to join their team on a 6-month temporary basis. This role requires an individual with significant pensions experience within the education sector, particularly in LGPS & TPS.
Key Responsibilities:- The successful candidate will collaborate with the Payroll and Pensions Manager to develop and implement processes and guidance specifically for pensions, ensuring compliance with university policies and statutory requirements.
- They will be responsible for managing the monthly reconciliation of pension contributions, ensuring accurate data reporting for all schemes including TPS, LGPS, NEST, and NHS Stakeholder Pension schemes.
- The ideal candidate will act as the primary contact for employee queries relating to pension schemes, providing expert advice, guidance, and resolution of complex queries.
- They will perform day-to-day administration of pension schemes, including accurate data input, contributions deductions, and reporting, ensuring compliance with relevant pension legislation and regulations.
- The specialist will oversee the management of pension-related communications and information flow, ensuring timely updates are provided to employees regarding changes in scheme rules, annual allowances, and HMRC regulations.
- Conducting audits and checks on pension processing to ensure accuracy and compliance with statutory requirements is also a crucial aspect of the role.
- Providing high-quality, customer-focused support on payroll and pension administration, ensuring all deadlines are met and service standards are maintained.
- Developing and maintaining strong working relationships with external pension bodies and stakeholders, ensuring effective communication and flow of information.
- Staying up-to-date with legislative changes affecting pensions and proactively advising the Payroll and Pensions Manager on necessary adjustments to service delivery.
- The specialist will create and produce management reports related to pension data, while collaborating with Financial Services on annual statutory submissions.
Estimated salary: £35,000 - £45,000 per annum, depending on location and experience.
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