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Pension Scheme Administrators

1 month ago

Manchester, United Kingdom Arthur J. Gallagher & Co. (AJG) Full time

About Us

Arthur J. Gallagher & Co. (AJG) is a leading provider of pensions administration solutions to a wide range of clients. Our team of experts delivers exceptional results that push the envelope with unexpected solutions to help our clients achieve their objectives faster and stay ahead of the curve.

We offer market-leading pensions administration solutions for defined benefits (DB), defined contribution (DC), CARE, and Hybrid pension schemes. Our web-based and mobile-first platform provides participants with enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library.

About the Role

We are seeking Senior Pension Administrators to join our Pensions Outsourcing Practice. As a Senior Administrator, you will be responsible for the administration of a combination of DB, DC, and Hybrid pension schemes in accordance with our client's requirements to the desired standards and deadlines. You will support complex queries, manual calculations, and be adept at checking and allocating work.

You will be responsible for supervising up to two trainee/junior pensions administrators and deputising for the Principal Pension Administrator when required.

Key Duties:

  • Carry out complex pension administration tasks and calculations including treasury and payroll accurately and in accordance with internal processes and company policies, adhering to procedures and standards regarding work and conduct;
  • Attendance at Trustee and ad hoc client meetings, including new business presentations as required;
  • Management of pensioner payrolls, pension increases, and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;
  • Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information provided to billing manager to ensure work is invoiced in line with the administration client service agreement accurately and in a timely manner;
  • Management of unit reconciliations/lifestyle switches;

About You

  • Strong experience of working with different occupational pension schemes - DB, DC, CARE, Hybrid;
  • Proven experience carrying out complex manual pension's calculations;
  • The ability to process collect and input data and information as delegated;
  • Information Technology literate - in the use of Office Systems, e.g. Microsoft Office for word processing, spreadsheets, database and presentations;

Salary: £45,000 - £55,000 per annum

Benefits:

  • Minimum of 25 days holiday, plus bank holidays, and the option to 'buy' extra days;
  • Defined contribution pension scheme, which AJG will also contribute to;
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x;
  • Income protection, we'll cover up to 50% of your annual income, with options to top up;
  • Health cash plan or Private medical insurance;

We value inclusion and diversity, and strive to create an environment where all employees feel valued and supported. We believe that our differences are a strength, not a weakness, and are committed to creating a workplace culture that reflects this.