In-House Senior DB Pension Project Administrator

Salary Description:
To £45, 000, plus benefits and bonus
Location Description:
Hertfordshire/ North London Border
Job Role:
Pensions Administrator, Pensions Technician
Employment Type:
Full-time
Contract Type:
Permanent
Application Deadline:
Unspecified
Posted:
3rd August 2022
Recruiter:
Jenson Fisher
Job Ref:
JFLR3.8.2

In-House Senior DB Pension Project Administrator

Our client is a leading FTSE 250 company with a major self-managed DB Pension Scheme. They now have a new opportunity for a Senior DB Pension Project Administrator.

This is a fantastic opportunity to take on responsibility for supporting the Administration team in delivering technical administration projects and calculations across a defined Benefit Scheme.

This role would suit someone who has strong Defined Benefit scheme administration experience along with a background in GMP reconciliation and/or scheme administration.

You will be responsible for

-Assist in the rectification and conversion of GMPs. Responsibilities will include preparing and analysing data, calculations and letters/reports for review by colleagues
- Assisting in the processing and delivery of Annual Scheme Events and Technical projects e.g. Year end, Pension Increases, Benefit Reports and other ad-hoc projects
- Processing/reviewing benefit calculations and member casework to a high standard within SLA
- Ensure high quality assurance standards and undertake quality assurance checks
- Review and document administration team processes
- Providing support and training to the administration teams and member services teams
- Maintaining strong relationships and work closely with internal systems teams and pension administration teams
- Keeping up to date with prevailing pensions legislation
- Following our Business Code of Conduct and always acting with integrity and due diligence

You will need

- 2+ years of DB Pension Scheme administration experience
- Experience of technical benefit calculations
- Background in GMP reconciliation and/or scheme administration and will possess a keen eye for detail.
- Up to date knowledge of UK Pensions legislation

What’s in it for you

They offer excellent benefits that include but aren’t limited to:

  • Annual bonus scheme
  • Holiday starting at 20 days plus a personal day rising to 22 days after 12 months (plus 8 Bank holidays)
  • Retirement savings plan - save between 4% and 7.5% and the company will match your contribution
  • Life Assurance - 5 x contractual pay
  • Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
  • Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want

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