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Pension Scheme Administrator Role in Reading

1 month ago

Reading, Reading, United Kingdom ENGINEERINGUK Full time
Pension Scheme Administrator Position in Engineering

XPS Group is a leading consulting and administration business specializing in the pensions and insurance sectors, catering to clients in the UK. The company is known for its expertise in engineering-related pension schemes.

We are seeking an experienced Pension Scheme Administrator to join our team in Reading. This role would be ideal for someone with previous experience in administering Defined Contribution (DC) pension schemes or similar roles.

As a Pension Scheme Administrator, your key responsibilities will include:

  1. Performing various administrative tasks related to new entrants, leavers, retirements, transfers, and deaths within DC pension schemes.
  2. Updating relevant pensions administration databases and systems to ensure accurate records.
  3. Running automated calculations and performing manual benefit calculations to ensure fair treatment of scheme members.

Your Profile

Essential Criteria:

  1. Previous experience in a similar role, such as office administrator, receptionist, or customer service representative.
  2. Grade 4/C in Maths and English GCSE or equivalent qualification.
  3. Proficiency in MS Office Products, particularly Excel and Word.

Benefits and Compensation

We offer a competitive salary of £35,000 per annum, along with a range of benefits to support your well-being and career growth:

  • Participation in an annual discretionary Bonus Scheme.
  • 25 days holiday plus flexibility to buy or sell holiday.
  • Flexible Bank holidays.
  • Pension scheme with a matching contribution structure.
  • Healthcare cash plan.
  • Flexible Benefits Scheme.
  • Life Assurance cover, four times basic salary.
  • XPS Rewards.
  • Employee Assistance Programme for you and your household.
  • Access to a digital GP service.
  • Paid volunteering day.
  • Staff referral scheme.

Please note that certain requirements must be met prior to commencing employment:

  • Right to Work confirmation.
  • DBS Disclosure check.
  • Employment or educational references covering five years.
  • Satisfactory credit check.