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Pensions Administrator

Posted 4 January by Adecco UK Limited Ended
Job Title: Pensions Administrator
Salary: Up to £30,000k per annum DOE, NEG.
Location: London City
Hours: 9:00am - 5:15pm Mon-Fri

The core business is the provision of services to trustees of UK occupational pension schemes DB, DC, CARE, cash balance - and the client will do this as a stand-alone "admin-only" appointment or in conjunction with services provided by other Practice Areas.

The services are provided from all of UK offices and include:

*Benefit administration
*Cash handling and preparing draft accounts
*Pensioner payroll
*PPF assessment administration services
*Administration consulting services
*Data audits and data cleansing
*Scheme governance and trustee secretarial
*Specialist roles (secondments, expert witness)
*Bespoke one off projects
*Support for trustees and in-house personnel

Reporting Lines

This role reports into a Pension Administration Team Leader.


*Prepare manual and computer generated benefit calculations and related correspondence
*Maintain the member database; prepare computer generated benefit calculations and related correspondence
*Communicate with clients, their members and advisers
*Carry out and check cash handling transactions, liaising with the bank and investment managers as appropriate
*Process and check client pensioner payrolls, including calculation of net pay, arranging payments, liaison with tax offices and preparation of year end returns
*Liaise with authorities including DWP, HMRC, The Pensions Regulator and the Information Commissioner
*Read, research and understand documentation relating to each scheme, for example, deeds
*Check work of other team members, ensuring accuracy and compliance with procedures and legislation, as agreed
*Assist with project based work as agreed from time to time
*Be willing to attend client meetings as required
*Encourage the team to look for efficiency gains
*Prioritise workloads and carry out activities in line with agreed service levels
*Support effective team working. Demonstrate an understanding of how the PPF operates and the nature and type of compensation (specific for PPF Administration)
*Have working knowledge of Shared Workspace (specific for GMP Reconciliation)
*Demonstrate understanding of Scheme Reconciliation Service and how to use this for the benefit of clients (specific for GMP Reconciliation)
*Adhere to specific targets, carry out calculations and tasks involved in working on PPF schemes, and respond to the need for a rapid turnaround of work (specific for PPF Administration)
*Support, implement and maintain Information Security procedures and activities in accordance to Information Security Policy, and other accreditations and awards
*Any other reasonable task as advised from time-to-time

Key Objectives

*Client satisfaction
*Keen to develop new skills, enjoys a challenge
*Willingness to work towards a professional qualification
*Build strong effective client and team working relationships
*Develops assertiveness to ensure that timescales are adhered to


*GCSE Maths and English at grade C or equivalent are essential. The Award in Pension Essentials or progress with other relevant PMI qualifications such as CPC (Certificate in Pension Calculations) would be an advantage. A willingness to make progress towards further professional qualifications would be a benefit; however, proven experience in the role is more desirable than academic achievement.

*Relevant Financial Services experience or a background in DC or DB pension administration would be essential. Payroll experience would also be beneficial in particular roles.
*A strong understanding of Microsoft Office programmes, in particular Excel, Word and Outlook.

Please note that if you have not heard from us within 7 days your application has been unsuccessful.

Adecco are an equal opportunities employer.

Adecco is acting as an Employment Agency in relation to this vacancy. The Adecco Group UK & Ireland is an Equal Opportunities Employer.

Required skills

  • PMI
  • pensions
  • administration
  • excel
  • data audits

Reference: 34139575

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