SIPP Administration Professional
4 weeks ago
We are seeking a highly skilled and experienced Pension Administrator to join our SIPP Administration team at Recruit Wealth Ltd. As a dedicated member of our team, you will play a crucial role in supporting our clients and financial advisers with their pension needs.
Main Responsibilities- Process SIPP transfer out requests and ensure timely completion of new business applications.
- Administer the whole life cycle of a SIPP, from transfers to retirements, and process regular and ad-hoc payments for clients in retirement.
- Process investment withdrawals for one-off and regular payments, and use Sage Payroll to calculate tax and HMRC online services to process income tax.
- Communicate effectively with advisers and members to notify them of any issues with their requests.
- Administer other aspects of SIPP and SSAS workload, including SIPPs holding portfolios of properties.
- Build relationships with our advisers and clients, and ensure full compliance with Service Level Agreements.
- Embed risk management in all aspects of your work and resolve complaints effectively.
- Strong SIPP/Pension knowledge and attention to detail.
- Excellent organisational and multi-tasking skills, with proficiency in Microsoft Office, particularly Excel.
- Positive written and verbal communication skills, with excellent numerical and customer services skills.
- Understanding of SIPP rules and ability to perform drawdown calculations, bereavement benefit calculations, and divorce calculations.
- Aptitude to learn and adapt new skills, processes, systems, and tasks.
Recruit Wealth Ltd is an award-winning, industry-recognised brand offering various opportunities across the business for Financial Services professionals. We enjoy an excellent working culture where staff retention is excellent, and we offer an attractive salary alongside comprehensive benefits. Office/hybrid working is fully supported, and we are committed to providing a supportive and inclusive environment for our employees to thrive.
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