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Head of Pension and Investment Administration

Head of Pension and Investment Administration

Posted 26 March by BBO Recruitment Ltd.
Easy Apply Ended

Henley on Thames
Full Time
Monday to Friday, fully office based
Up to 80k p/a
Permanent

Our long-standing client have experienced substantial growth in recent years, as a result they are now seeking an qualified Administration Manager to join their senior management team and head up their Pension and investment Administration team, based in Henley on Thames.

As head of the department, you will be responsible for managing a small team of professionals, overseeing the day-to-day administration, overseeing projects and resolving complex issues which have been escalated.

This is a technical role and a relevant qualification such as the CIIFA2- Pensions Administration module is required, as part of the Fit & Proper assessment under SMCR.

Key duties include:

  • Provide an efficient and consistent administration service to scheme members via the team
  • Ensure high and accurate standards of work at all times by the individual and the team
  • Identify and resolve problems that may arise with day to day work issues in the department
  • Assist in the development and maintenance of effective systems and processes within the Organisation
  • Responsible for the day to day running of the Department and work produced, with some liaison with Business Administration members in respect of policy documentation issues and processing of new business applications
  • Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner
  • Overseeing of checking of processing to ensure accuracy
  • Ensure that accurate records, updates and responses to client queries, whether via telephone, email or in writing, are being actioned within the team
  • Ensure accurate initial checking of all applications
  • Liaising with clients and 3rd party companies over the telephone and in writing

Requirements:

  • Relevant qualification such as the CIIFA2- Pensions Administration is essential
  • Experience within the Pensions Industry and especially with Money Purchase and SIPPs
  • Ability to process manual calculations relating to contribution tax rebates, income tax calculations and other SIPP related computations for cross-checking purposes
  • Good working knowledge of Intelliflo, Volume and Imago databases
  • Good working knowledge of the concepts of HMRC rules and practice, and the wider regulatory obligations
  • Sound understanding of the operation and application of SIPPs.
  • Good knowledge and understanding of the Statements of Principle for Approved Persons
  • Previous experience of managing a small team

If this role sounds of interest to you, we would love to hear from you! Please apply now with your most recent CV for immediate consideration. Due to the high number of applications we receive, unfortunately we are unable to respond to all applications. If you have not heard from us within 2 weeks please assume you have not been successful on this occasion.

Required skills

  • Financial Services
  • Pensions
  • Senior Management

Reference: 52381014

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