Pension Administrator

Salary Description:
£Competitive + Benefits
Location Description:
Liverpool
Job Role:
Pensions Administrator
Employment Type:
Full-time
Contract Type:
Permanent
Application Deadline:
Unspecified
Posted:
6th February 2024
Recruiter:
Barnett Waddingham
Job Ref:

With over 1600 people across 9 UK offices, we are proud to be a leading independent UK consultancy at the forefront of risk, pensions, investment and insurance. Each individual delivers on our shared values and our commitment to ensuring the highest levels of trust, integrity and quality. 

We are seeking a Pension Administrator for our Liverpool office - (hybrid working) on a full-time, permanent basis. 

Responsibilities

  • 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.
  • Check work of other team members, ensuring accuracy and compliance with procedures and legislation.
  • Assist with project based work as agreed from time to time.
  • Attend client meetings as required.
  • Encourage the team to look for efficiency gains.

Experience/Qualifications

  • Minimum of GCSE Grade “5” or “C” in Maths and English 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.  
  • Relevant Financial Services experience or a background in DC or DB pension administration would be a requirement. 
Benefits Summary
  • Competitive discretionary annual bonus
  • Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading
  • A generous pension scheme where we contribute 8% of your salary from day one of your employment
  • Employee Assistance Programme to support you and your family through any concerns or challenges you may experience
  • A comprehensive range of voluntary benefits to suit your life stage and lifestyle including a tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, gym membership, travel insurance and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies

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