Senior Pensions Administrator

Recruiter
Reed
Location
Reading, UK
Salary
Competitive
Posted
19 Aug 2019
Closes
22 Aug 2019
Ref
1235874424
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
My client a leading National Pensions Company, are looking to recruit a Senior Defined Benefits Pensions Administrator to join their highly successful Team based in the Berkshire area. From a Pensions background the successful candidate must be able to process pensions on the DB side and have a strong Technical Pensions Background. The salary is between 30k to 40k depending on level of exposure and the benefits fantastic. Not only this but the company also offers an attractive bonus scheme.

The role will involve the following:-

· Someone who holds a strong technical knowledge of the pensions industry and is capable of managing day to day activities of staff and client work to agreed deadlines / SLAs, whilst complying with legislative and client requirements.

· Day to day management of client relationships ensuring a strong client relationship is maintained.

· Checking and training of peers work.

· Takes a proactive stance to gain an extensive knowledge of their assigned client portfolio.

· Project managing annual projects such as annual renewals, benefit statements, life assurance, pension increases, Triennial Valuations.

· Preparing for and where appropriate participating in trustee meetings.

· Performance of complex manual benefit calculations.

· Assisting in appraisals and the recruitment process as required.

· Experience of Complaint handling.

· Preparation and completion of annual audits.

· Assist and support the Projects team with ad-hoc projects.

Main duties and responsibilities

• Training of other team members

• Assisting less experienced team members

• Checking and authorising other team members' work

• Meeting deadlines

• Calculation and payment of scheme benefits in accordance with the Rules

• Maintenance of membership records and other documentation

• Understanding and application of benefit structures, Trust Deed & Rules, current pensions legislation, PSO and Disclosure requirements

• Project work as directed by Team Leader or Manager

• Liaison with Client, Scheme Actuary, Consultants, Providers, Pension Payroll Members and third parties

• Provision of technical information both verbally and in writing

• Compliance with ISO and AAF accreditations

• Checking and authorising cases

• Completing updates to the database to ensure that records are accurately maintained

• Dealing confidently with member enquiries by phone, email and letter

• Providing general support to the Administration team/manager

• Ensuring that work is prioritised correctly so that target dates are met

Essential

• Previous experience within a similar role dealing with DB schemes is essential

• Ideally, at least five years experience in the industry

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