Pension Administrator

Salary Description:
£Competitive + Benefits
Location Description:
Liverpool
Job Role:
Pensions Administrator
Employment Type:
Full-time
Contract Type:
Permanent
Application Deadline:
Unspecified
Posted:
30th January 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 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 cash handling functions for client pension and related arrangements, liaising with bank and investment managers as appropriate.
  • Process 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 and understand documentation relating to each scheme, for example booklets.
  • Prepare manual calculations to develop an understanding of pensions.
  • Carry out member activities in line with agreed service levels.
  • Assist with project based work, as agreed.

Experience/Qualifications

  • Minimum of GCSE Grade “5” or “C” in Maths and English are essential
  • Relevant Financial Services experience or a background in DC or DB pension administration would be a benefit.  
  • Experience of working in an office within a team environment is beneficial.    
  • A strong understanding of Microsoft Office programmes, in particular Excel, Word and Outlook.
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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