Pension Administrator

4 weeks ago


Portsmouth, Portsmouth, United Kingdom Morris Sinclair Recruitment Full time

Pension Administrator Job Description

We are seeking a skilled Pension Administrator to join our team at Morris Sinclair Recruitment. As a Pension Administrator, you will be responsible for providing administrative support to our clients in the pensions industry.

Key Responsibilities:

  • Adhering to best practice procedures in all aspects of pensions administration related tasks as defined by the Company
  • Pension establishment, setting up member records and issuing welcome information
  • Contribution processing
  • Processing and calculating pension benefits
  • Payment of benefits using payroll systems and monitoring ongoing pension benefit cases
  • Bank reconciliation and payment processing
  • Death benefit calculations
  • Transfers in and out both as cash and in specie
  • Annual Statements
  • Participating in annual projects such as tax code uplifts, regulatory reporting, residency tax status updates
  • Taking responsibility for ad-hoc projects and exercises.
  • Monitoring on going procedural developments and implementing changes to procedures where required.
  • Developing a relationship with the client and an understanding of their working practices

Requirements:

  • Calm and positive under pressure and happy to take the lead in challenging times
  • Sharing knowledge with colleagues
  • Self-motivated approach to professional and personal development
  • Willingness to learn
  • Enthusiastic, positive, and flexible approach to work
  • Excellent customer service skills
  • Able to organise workloads, prioritise and meet deadlines
  • Strong communication skills, both written and verbal
  • Proficient IT skills
  • Strong team player with excellent attention to detail
  • Able to work alone as well as within a team
  • Able to think logically and hold good problem-solving skills
  • An active listener and able to follow through on the instructions given
  • Pension qualifications are advantageous

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