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Pension Administration Specialist

2 months ago

Manchester, United Kingdom Spence & Partners Ltd. Full time

At Spence & Partners Ltd., we're seeking a highly skilled Pension Administration Specialist to join our team. As a Senior Pensions Administrator, you will be responsible for managing and maintaining the administration aspects of defined benefit and defined contribution pension schemes on behalf of the scheme trustees.

Our team carries out a range of exercises, from winding up schemes and calculating members' pension benefits to forensic research for schemes. We provide an excellent service to the members of our Schemes, making Spence an exciting opportunity for anyone interested in a career in pensions.

You will build a portfolio of clients and manage all transactions needed for their pension schemes, ensuring they're completed to the highest standards and within service levels. You'll become the key contact to pension members and clients, answering queries over the phone and via written communication, and attending Trustee meetings.

  • Broad pension's technical knowledge, with at least five years' experience working in a Defined Benefit pension administration environment.
  • Detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation, and codes of practice.
  • 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're 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.