Pension Scheme Administrator
4 weeks ago
About the Role
We are seeking a skilled Pension Scheme Administrator to join our team at Legal & General Group. As a key member of our team, you will be responsible for administering and updating individual member records, handling all aspects of customer claims work in an efficient, effective and empathetic manner.
Key Responsibilities
- Providing an efficient administration and claims service to individual scheme members and intermediaries, including manual calculations for Defined Benefit Pension Schemes.
- Drafting and issuing clear and concise communication to both members and 3rd party intermediaries regarding Defined Benefit Pension scheme benefits.
- Responsible for the checking of and authorising the payment of Defined Benefits claims ensuring that the correct benefit calculations are accurate and settled.
- Acting as technical expert for the team, which could include being utilised as the Society's contact and expert on sensitive or priority schemes.
- Ensuring all standard operating procedures are followed for all processes and that a full audit trail exists on the activities carried out to meet regulatory and internal compliance.
Requirements
- Pension Qualification such as CII or PMI or demonstrable equivalent experience.
- Understanding of defined benefit pension schemes.
What We Offer
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
- Generous pension contribution.
- Life assurance.
- Private medical insurance (permanent employees only).
- At least 25 days holiday, plus public holidays, 26 days after 2 years' service.
- Competitive family leave.
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice.
- Many discounts we offer – both for our own products and at a range of high street stores and online.
About Us
Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.
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