Pension Administration Manager - Defined Benefit.

Recruiter
Taylor James Resourcing
Location
Reading, UK
Salary
Competitive
Posted
20 May 2019
Closes
27 May 2019
Ref
1146593856
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Pension Administration Manager - Defined Benefit. To £55,000

Previous pensions administration experience of Defined Benefit schemes including leavers, retirements, deaths, transfers, monthly processing and investment, benefit statements, renewals and pension increases is essential for exciting opportunity with this rapidly expanding pension administrator.

Duties:

Assisting or where appropriate leading the provision of pensions administration services for the assigned client portfolio.

Overseeing day to day management of client relationships with trustees and corporate clients, and participation in trustee and client meetings where applicable.

Reacting to clients' needs in a positive manner, but maintaining the commercial interests of the business.

Active participation in marketing initiatives, new business activities, attending new business pitches and company events.

Providing expert advice solutions to pensions queries and pensions consultative advice; keeping abreast of technical and legislative developments within the pensions industry.

Overseeing the project management of annual and ad-hoc projects such as renewals, benefit statements, pension increases, trustees' reports and accounts. Ensuring projects are fully monitored and completed in line with customer and legislation requirements.

Involvement in the scrutinising of client work of other less experienced pensions administration team members. Signing out of ad-hoc and standard letters in response to customer queries.

Taking responsibility for all aspects of admin billing, in conjunction with Operations Manager and Client Manager. Ensuring all recorded admin time is billed or accrued by the monthly deadline, all chargeable work is correctly recorded on the time recording system and billed as soon as possible, and all bills are issued and payment received on time.

Disseminating information to team members on service delivery objectives and targets for assigned client portfolio. Presenting of technical matters at team meetings.

Leading non-client activities, conducting internal audits, being alert to potential improvements in pensions administration processes, quality improvement and implementing changes. Ensuring Governance tracking measures (for example central spreadsheets, error logs etc) are updated promptly.

Assuming responsibility for total workflow management for the designated team, including workload allocation, prioritisation and ensuring delivery in line with client expectations, legal timescales and service level agreements (SLAs). Holding regular workflow meetings with senior team members to manage progress and resolve any issues.

Identifying team objectives or other necessary changes in line with business needs, and actively implements appropriate course of action.

Positively contributing to regular management meetings, implementing any recommendations or decisions made in terms of working practices, resourcing, efficiencies and dissemination of communications to more junior staff.

Formal staff management responsibilities including areas such as; conducting appraisals, setting individual and team objectives, handling HR, performance management issues and recruitment related activities as and where required.

Formal responsibilities for mentoring, training, coaching and developing of pensions administration team members. Ensuring adherence to company policies and working procedures.

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