Overview
The Pension Administration Business Area is split into four top level functions: Client Management, Operations Management, Finance and People. The Operations Delivery teams are responsible for delivering core services to over 400 corporate clients and more than 450,000 members. Located across 9 UK sites and over 350 dedicated colleagues, we strive to provide efficient, effective, and high-quality service at all levels. The Pension Administration Client Management teams are the prime responsible group for outward client facing activity, Business Development, Marketing & Bid, Proposition & Pricing, Client Onboarding and ongoing Client Relationship Management. They play a vital part in ensuring that the groundwork for successful and profitable service delivery is executed efficiently and effectively. We are looking to recruit a Pension Administrator – Projects to work at either of our Leeds or Liverpool offices on a hybrid basis (2-3 days per week). This role sits within our Bespoke Initiatives team.
Responsibilities
- Checking work of others to ensure accuracy and compliance with Scheme rules, procedures, and legislation
- Supporting the team in all aspects of simple pension scheme projects
- Carry out and check more complex data cleansing / rectification exercises
- Leading on, and coordinating the delivery of simple projects and delivering results in line with the project plan
- Leading on complex existence check projects, including liaising with tracing agencies, analysing trace results, issuing correspondence and monitoring replies
- Building calculation matrices for testing complex system calculations against expected output
- Producing project status reports for trustees
- Carrying out data audit analysis and preparing a report for Trustees on proposed next steps
- Liaises with Client Relationship Managers to ensure projects are progressed in accordance with the project plan
- Providing constructive feedback for others in order to improve their understanding and knowledge and support the development of the individual
- Ensuring that project work is delivered within budget
- Taking responsibility for ensuring that all new implementation project tasks are completed as per the Project Plan
- Assisting with more complex aspects of new client implementations including the running and checking of parallel payrolls
- Checking complex or high risk bulk mailings
- Reading, researching and understanding scheme documentation and legislation to produce benefit specifications
- Using strong analytical skills to identify issues and correct scheme data
Qualifications
- A minimum of 2 years pensions experience, with in depth knowledge of both DB and DC occupational pension schemes
- GCSE/A levels are required. A relevant degree, Certificate in Pensions Calculations (CPC) or progress with PMI examinations is desirable together with experience appropriate for the role in pension administration
- A strong understanding of Microsoft Office programmes, in particular Excel, Word and Outlook
Benefits
- Competitive discretionary annual bonus and salary review
- Generous pension scheme (we contribute 8%)
- Funded training and professional development
- Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
- A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts
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