Pensions Administrator Lead
1 week ago
XPS Pensions is a leading UK consulting and administration business specialising in the pensions and insurance sectors.
We are now looking for an experienced Senior DB Pensions Administrator to join our vibrant Edinburgh office with hybrid working.
This role would most likely suit someone with previous experience in a similar role where they have gained knowledge and experience of Defined Benefit (DB) pension schemes.
A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis.
The estimated salary for this role is £45,000 - £55,000 per annum, depending on experience.
Job Responsibilities:
- Oversee the management of monthly and annual processes on the team.
- Monitor accuracy, performance, and SLAs for the team, including activity and client performances, and take action to ensure targets are met.
- Handle complex pensions queries, scrutinising the work of other less experienced pension administration team members.
- Updating relevant pension administration databases and systems.
- Perform manual and automated benefits calculations.
- Helping identify any training needs across the team and assisting with developing and mentoring team members.
Required Skills and Qualifications:
- Previous pensions administration experience of Defined Benefit (DB) schemes including leavers, retirements, deaths, transfers in and transfers out.
- Experience of current pensions legislation and framework.
- IT proficient, in particular Microsoft Word, Excel & Outlook.
- Maths and English GCSE grade 4/C or equivalent.
Benefits:
- Competitive salary
- Participation in annual discretionary Bonus Scheme
- 25 days holiday plus flexibility to buy or sell holiday
- Flexible Bank holidays
- Pension scheme, matching contribution structure
- Healthcare cash plan
- Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle
- Life Assurance cover, four times basic salary
- XPS Rewards (offers High Street discounts and savings from retailers and services providers as well as offers available via phone)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
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