Pensions Administrator Dc/db - London, United Kingdom - Sanderson

Sanderson
Sanderson
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Pensions Administrator (DC/DB)

Hybrid Working - 3 days in office

Salary - Up to £30k + Benefits

Key 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, 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


The above is intended to describe the general nature and responsibilities of the role and is not intended to be an exhaustive list of all duties or responsibilities of employees in this role.


Experience/Qualifications:

  • Relevant Financial Services or Professional Services experience / background
  • Previous DC or DB pension administration experience
  • Payroll experience would also be beneficial in particular roles however not 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.
  • Minimum of GCSE Grade "5" or "C" in Maths and English is preferred or equivalent
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