Pensions Administrator Defined benefits

Posted 15 January by Radley Recruitment

Pensions Administrator (Defined benefits) - Salary £23,000 - £26,000 DOE + Pension and excellent Benefits

Based: Cheltenham

Our Client, a well-established professional services company are searching for an Pensions Administrator, working within the Final Salary schemes and defined benefits sector of the business.

Key Responsibilities:

  • Manage a portfolio of defined benefits clients
  • Prepare manual and computer generated benefit calculations and related correspondence
  • Carry out and check cash handling and accounting functions to client pensions
  • Process and check client pensioner payrolls, including calculation of net pay
  • Liaise with authorities including DWP, HMRC and the Pensions Regulator etc
  • Read, research and understand documentation relating to each scheme, for example, deeds
  • Check work of team members ensuring accuracy/compliance with procedures and legislation
  • Prepare annual benefit statements and annual accounts, as required
  • Demonstrate a clear understanding of how the Pension Protection Fund operates
  • Prepare manual and computer generated manual calculations

Essential Skills and Experience:

  • GCSE Maths and English
  • Relevant Financial Services experience in DC, DB or PMI pension admin
  • A strong understanding of Microsoft Office programmes, in particular Excel, Word & Outlook
  • Excellent communication skills and high level of numeracy is essential
  • Willingness to progress towards a professional qualification - paid for by the Client
  • Ability to generate manual and computer generated calculations
  • High level of IT literacy and competency
  • Good customer service skills and attention to detail with client requests
  • Ability to demonstrate strong problem solving skills, resolving issues before they develop

This is an exciting role with a progressive and professional employer, apply today or contact us for more information. Radley Recruitment is dedicated to helping you find your next career move, so if you are looking for a new role, submit your CV to us and we can help you find that perfect job.

Required skills

  • pensions
  • employee benefits
  • defined benefits
  • defined contributions
  • final salary schemes

Reference: 33947920

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