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Pensions Benefits Specialist

1 month ago

Sheffield, Sheffield, United Kingdom NET Recruit Full time
Pension Scheme Administrator

NET Recruit is partnering with a nationally recognised business to support their search for a Pension Scheme Administrator, with exposure to final salary pensions, to join their team in the South Yorkshire area.

The successful candidate will be joining a growing and bustling team of pensions specialists, whose responsibility it is to support the administration of the pension scheme and service centre by ensuring that the business and pensions processes conform to the specifications required and seek for opportunities of continuous improvement to strengthen the offering.

The role will handle final salary pensions and therefore applicants MUST have experience with this.

Key Responsibilities:

  • Handling compliance tests for the Pension Service Centre's business processes, ensuring these conform with specifications
  • Supporting the team to action any highlighted areas that need improvement through the compliance testing
  • Providing support to the de-risking and wider teams to develop solutions for pension benefits, record keeping and administration, with the aim of enabling post-migration calculation and payment of residual benefits
  • Rectifying any benefits as the need arises and creating communication to members for trustee reviews and sign off as these occur
  • Relaying important information to the team members working on the helpline to ensure they can communicate with members and resolve queries accurately

Requirements:

  • A background working in and administering final salary pensions, UK DB Pension Schemes and CARE Benefits
  • Experience in handling, extracting and presenting data relating to pension schemes
  • A relevant PMI qualification such as APE, QPA, CPSMG or other similar finance or payroll qualifications

What You Will Get:

  • A starting salary in the region of £42,000, depending on qualifications and experience held by the individual
  • An excellent benefits package including a plethora of incentives and rewards such as a strong holiday allocation, pension contribution, health and dental options, share schemes and also discounts and offers on various businesses and products

About the Company:

NET Recruit is a leading recruitment agency with a strong reputation for delivering high-quality candidates to their clients. They are committed to supporting the development of their workers and offer a collaborative and supportive work environment.