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SSAS Administration Specialist

2 months ago

South Ruislip, Greater London, United Kingdom NJR Recruitment Full time
About the Role

We are seeking a highly organized and detail-oriented Pension Administrator to join our team at NJR Recruitment. As a Pension Administrator, you will be responsible for providing exceptional client service and administrative support for our clients' Small Self-Administered Schemes (SSAS).

Key Responsibilities
  • Carry out SSAS administration tasks, including cradle-to-grave administration for allocated portfolios of Small Self-Administered Schemes.
  • Deliver excellent technical and customer service outcomes for clients and intermediaries.
  • Process contributions and transfers into the scheme, calculate and pay retirement benefits, and arrange buying/surrender of investment portfolios.
  • Prepare scheme asset valuations and member fund share calculations, undertake property and land purchases and sales, and ensure that rent reviews, lease expiries, EPC certificates, and insurance renewals are in place and/or obtained as required.
  • Monitor rent and loan repayments, follow internal processes, and arrange loans to associated and unconnected parties.
  • Monitor scheme bank accounts, ensure sufficient cash is retained, and carry out required activities to establish a new scheme or take over the scheme from another operator.
  • Prepare trust deeds to reflect changes in Trustees, Principal/Participating Employers, and scheme rule amendments, register schemes with HMR&C, The Information Commissioner, and The Pensions Regulator, as required.
  • Complete and submit Pension Scheme Returns, Event Reports, and Accounting for Tax Returns, calculate and pay death benefits, process full and partial transfers out and takeovers, and prepare review packs for client meetings.
  • Attend Trustee meetings as required, deal with administration or queries, and adhere to internal procedures and compliance.
Requirements
  • Experience of SSAS administration/managing a portfolio of clients.
  • Good personal organizational skills with the ability to prioritize workload.
  • Ability to work under pressure, maintaining attention to detail, and meeting prescribed deadlines.
  • Clear, concise communication skills at all levels, a positive attitude to client care, and a proactive, enthusiastic, and driven approach.
  • Ability to develop and maintain excellent internal and external relationships.