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Principal Pensions Administrator

2 months ago

Ipswich, United Kingdom Gallagher Full time

Overview

As a Principal Pensions Administrator, you will be a highly organized and detail-oriented individual responsible for administering a portfolio of occupational pension schemes, which may include Defined Benefit (DB), Defined Contribution (DC), and Hybrid pensions. Your role will ensure that all tasks and calculations are carried out accurately and promptly. How you'll make an impact Allocate cases and perform both automated and manual calculations, ensuring accuracy. Draft and check correspondence and reports. Manage pensioner payrolls. Support the Client Executive team. Supervise and train pensions administrators and senior pensions administrators. Deputize for the Team Leader when required. Provide high-level service to each scheme member. Accurately and timely carry out and check pension administration tasks and calculations. Handle workload with consideration for peer review time. Liaise with scheme members via email, letter, or telephone. Prepare and check member correspondence and client reports. Manage cashflows, investments/disinvestments, and invoices. Handle or check non-standard client/member queries. Collaborate with team members and establish relationships with supporting teams. Provide support and training to team members. Assist the Team Leader and engage with team members throughout the day. Support the Client Executive team and attend client meetings or new business pitches if required. About You Minimum of 5 years’ experience in DB/DC pension scheme administration. Achieved or studying towards the Pension Management Institute’s CPC qualification. Experience in management and/or mentoring of team members. Ability to explain complex calculations in simple terms. Strong analytical skills and logical problem-solving approach. Accurate data processing, collection, and input skills. Proficient in applying pensions knowledge and experience during peer reviews. Strong prioritization skills to meet deadlines and disclosure requirements. Excellent communication skills for handling queries and providing feedback. Effective teamwork capabilities. Proficiency in Microsoft Office. Eligible to work in the UK #LI-TM2 Compensation and benefits On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve: Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days Defined contribution pension scheme, which Gallagher 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 Other benefits include: Three fully paid volunteering days per year Employee Stock Purchase plan, offering company shares at a discount Share incentive plan, HMRC approved, tax effective, stock purchase plan Critical illness cover Discounted gym membership, with over 3,000 gyms nationally Season ticket loan Access to a discounted voucher portal to save money on your weekly shop or next big purchase Emergency back-up family care And many more…