Pensions Administrator, 12-Month Contract* (In-house Scheme)

Salary Description:
Up to £22, 000 p.a. depending on experience (possible increase)
Location Description:
Job Role:
Pensions Administrator
Employment Type:
Contract Type:
Application Deadline:
19th January 2020
Job Ref:

Our friendly in-house team of pension professionals are seeking 1-2 new recruits, both on a 12-month contract basis, with a review either during or at the end of the contract.  Subject to what happens over the next twelve months the role might be offered on a permanent basis or your contract extended, with the same consideration further down the line.  It is a super time to join this great team of pension professionals.  There is plenty of work to deal with, and with a market salary review also been undertaken by the pension administration manager, your salary may even go up during the contract, or at the end, not forgetting you may even be able to transition into a permanent role. 

You will have 1-2 years of occupational pensions experience under your belt to achieve the highest banding of salary (£22,000 per annum), or if you have not worked in pensions, you will need past financial services experience, and a strong acumen for figures and legislation, and will then start on the slightly lower banding (£19-20,000 per annum).  Both salaries may go up during the contract subject to a market salary review, or possibly roll over and go up at the end, there are no promises but everything is under a very positive review process at the moment. 

So what is special about this client to entice you to move and join them on a contract basis?  A vested interest in you, not what you can do for them!  They would like to recruit on a permanent basis and hope to be able to do so in the future, so although a contract, you will be given plenty of training and guidance in all things pensions!  This is unusual for a contract, where most companies have a function and simply ask you to fulfil this, but don’t worry about your own personal development because you are a contractor.  So they take a refreshing approach to contractors and hope they will stay for the long-term.  We hope that if you don’t already, you will quickly develop a shared mutual passion for pensions.  If you know you don’t just want another contract in pensions, but a career stepping stone, then over your next 12-month contract you will gain priceless new and/or more knowledge and experience in pensions administration.  

You will be required to actively contribute to the effective overall management of the Group’s pension arrangements, dealing with administration of member casework, and all types of member-related correspondence, including telephone and email enquiries.  You will also continually update and maintain member records on the pension administration system and other databases.  You will be able to undertake manual and system-based calculations in order to process early leavers, transfer values, retirement and death cases for pension scheme members within agreed target dates.  You will assist with the processing of the monthly, quarterly and annual pensioner payrolls, annual scheme processes including, but not limited to, the annual pension increase exercise and the production of annual benefit statements, liaising as and when required with financial advisers, internal HR, payroll departments and external agencies.

Joining this super team environment you may even be asked to help with exciting projects such as providing assistance as and when required for Trustee and/or Company related projects.  You must be able to roll your sleeves up and do more mundane work such as providing office support to the Department as and when required, including scanning and logging of daily post.  Your goal will be providing assistance as and when required to ensure that all Departmental objectives and goals are met. 

At Abenefit2u we have chatted to pension administrators who are now finding that without gaining anything more than pension administration experience, in the short-term their salary is high, in the long-term they are not learning more to progress up to Team Leader or move into Assistant Consultant roles to advance their career, so if you have been contracting for some time or are in the same role and cannot see it changing, it is worth considering your long-term not just short-term future in pensions and a 12-month contract like this where they also provide training and personal development…

For a full Job Profile about this role, to apply, or for a formal/informal discussion please contact me: / 07747 800740

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