Pension Scheme Administrator

3 days ago


Portsmouth, Portsmouth, United Kingdom ENGINEERINGUK Full time
About the Role

We are seeking an experienced Senior Pensions Administrator to join our vibrant team in Portsmouth. The successful candidate will oversee monthly and annual processes, ensuring accuracy and compliance with customer and legislative requirements.

Key responsibilities include:

  • Managing team performance and monitoring accuracy, performance, and SLAs.
  • Ensuring standard documentation is scheme-specific and incorporating it into existing procedures.
  • Participating in client meetings, handling complex pensions queries, and signing out non-standard letters.
  • Updating pension administration databases and performing manual and automated benefits calculations.

Required skills and qualifications:

  • Prior experience in Defined Benefit (DB) schemes, including leavers, retirements, deaths, transfers in, and transfers out.
  • Knowledge of current pensions legislation and framework.
  • IT proficiency in Microsoft Word, Excel, and Outlook.
  • Maths and English GCSE grade 4/C or equivalent.

Benefits:

  • Competitive salary (£40,000 - £50,000 per annum).
  • Participation in an 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 employees in and out of work.


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