Assistant Pensions Administrator

Posted 30 March by Optima Recruitment

Assistant Pensions Administrator

Company :

Very well established Company within the Financial Services Industry. Offering genuine career progression, excellent training and a highly competitive benefits package.

Job Description:

Gain and apply knowledge of technical matters

Ensure compliance with company procedures when completing cases

Keep up to date with changes in legislation

Be aware of the statutory increases that need to be applied to deferred pensions

Be aware of the key requirements of disclosure including deadlines.

Gain and apply knowledge of clients through day to day work

Be aware of what is scheme specific and not necessarily applicable for all schemes

Be able to do benefit calculations either by a manual calculation or using a proforma and by using the relevant pensions administration system calculation

Able to work through the relevant checklist for each individual case and follow procedures

Able to draft non-standard letters where required

Able to run bulk calculations on the pension’s administration system

Capable of preparing bulk mailings (e.g. certificate of existence, annual newsletters)

Understand that appropriate authorisation needs to be received before releasing information

Prepare standard letters using the UV merge process.

Able to use the Standard Reports and General Report Writer functions on the pensions administration system

Person Specification:

Previous proven pension experience in defined benefits is essential

Working towards completing the Qualification in Pensions Administration

Undertaking the relevant training courses and subsequent exams in order to gain the Award in Pensions Essentials (APE) and the Certificate in Pensions Essentials (CPE)

Have an understanding of preservation, contracting-out (including GMPs) and the current Pensions tax regime

Be aware of the Data Protection Act requirements

Additional Information:

Based in Kings Worthy

Mon - Fri, 9:30 - 5:30 (flexibility required)

Annual pay rises linked to your performance, experience and commitment

Annual discretionary bonus linked to your performance and commitment

21 days holiday increasing 1 day per year to 26 days

Facility to buy or sell holiday buy up to 8 days and sell up to 5 days per year

Life assurance scheme

Permanent health insurance scheme

Group personal pension plan

Free eye examinations

Cycle to work initiative

Professional subscription and study support where appropriate

We appreciate the time you took to apply for this vacancy, however due to the high level of applications that we receive, we can only respond to successful candidates. In the meantime, please check out our website to read more about our company and privacy policy.

Optima Recruitment specialists in Permanent & Temporary Recruitment, including; Administration, Secretarial & PA, Accounts & Finance, Graduate Opportunities, Human Resources, Recruitment Consultancy, Sales & Marketing, Customer Service and Legal.

Required skills

  • Defined Benefit
  • Pension Administration

Application question

Do you live within 10 miles of Winchester?

Reference: 42367447

Bank or payment details should never be provided when applying for a job. For information on how to stay safe in your job search, visit SAFERjobs.

Report this job