Defined Benefit Specialist

2 weeks ago


Manchester, United Kingdom Spence & Partners Ltd. Full time
About Us

Spence & Partners Ltd. is a renowned UK-based pensions expert, serving clients nationwide from multiple offices.

The company encompasses Dalriada Trustees Limited (Dalriada), one of the largest professional pension scheme trustee companies. Our services include pension actuarial, consulting, investment consulting, and administration, tailored to meet the needs of trustees, employers, and members. Our innovative Mantle solution revolutionises traditional defined benefit pensions administration and actuarial valuation software.

We provide a supportive environment through our accelerated learning and development scheme.

About You

We're looking for a dedicated Senior Pensions Administrator to contribute to our thriving organisation.

Responsibilities & Criteria

This role involves overseeing the administration aspects of defined benefit and defined contribution pension schemes on behalf of the scheme trustees. Our team conducts various tasks, including winding up schemes, calculating pension benefits, and conducting forensic research for schemes, ensuring an exceptional service to members. This diversity makes us an exciting opportunity for those passionate about pensions.

You will develop a portfolio of clients, managing all transactions for their pension schemes to the highest standards, within set service levels. As a key contact, you will answer client and member queries, attend Trustee meetings, and provide written communication.

Key Criteria:

  • In-depth technical knowledge of pensions, acquired through at least five years of experience in Defined Benefit pension administration, with a thorough understanding of defined benefit pensions schemes and UK pensions legislation, regulation and codes of practice.
  • Proven experience in managing complex pension projects.

Desirable Criteria:

  • Knowledge of and experience with GMP Reconciliation / Equalisation calculations and practical knowledge of the Pension Protection Fund (PPF).
  • Compliance with regulations and commitment to increasing representation of disabled colleagues.

Our salary range for this position is £45,000 - £60,000 per annum, based on experience.



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