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Department:Finance
Reports To:Assistant Pensions Team Manager
Location:London (Hybrid)
Rate of Pay:£21 per hour PAYE or £26 per hour Umbrella
Contract Type:Full-time (open to Part-Time)
Duration: Temprorary Ongoing
About the Role:
We are seeking a dedicated and experiencedPensions Adviserto join a leading local authority in London. This is afull-time position(with part-time options considered), offering a competitive rate of£21 per hour PAYE or £26 per hour Umbrella. The role is hybrid, providing flexibility to work both remotely and in the office.
As a Pensions Adviser, you will play a pivotal role in supporting the Assistant Pensions Team Manager in the day-to-day operation of the Pension Service. Your work will ensure the accurate administration of theLocal Government Pension Scheme (LGPS)and other pension-related functions, making a tangible impact on the lives of scheme members.
Key Responsibilities:
- Pension Administration:Maintain accurate scheme member records, including calculating and checking redundancy payments, early retirement benefits, and pensionable remuneration.
- Employer Liaison:Work closely with employers to ensure they meet their obligations to the pension fund, providing timely and accurate pension information.
- Payroll Reconciliation:Monitor and reconcile LGPS employee and employer contributions, resolving discrepancies with external payroll providers.
- Data Management:Maintain precise records for system control, performance monitoring, and benchmarking. Retrieve archived records to address queries from members, employers, and third parties.
- Training & Guidance:Deliver training and guidance to payroll administrators on LGPS administration.
- Compliance:Ensure adherence to LGPS Regulations, Teachers Pension Scheme (TPS), Discretionary Payments Regulations, and HMRC requirements.
- Essential Experience:Proven experience in pension administration, particularly within the LGPS, is essential.
- Knowledge:A strong understanding of LGPS Regulations, TPS, and HMRC requirements is required.
- Skills:Excellent numerical and analytical skills, with the ability to perform and check complex pension calculations. Strong communication and organisational skills are essential.
- Attention to Detail:A meticulous approach to data accuracy and record-keeping.
- Problem-Solving:Ability to resolve discrepancies and provide solutions to pension-related issues.
- Competitive Pay:Earn £21 per hour PAYE or £26 per hour Umbrella.
- Hybrid Working:Enjoy the flexibility of working both remotely and in the office.
- Supportive Environment:Join a dynamic and collaborative team within a leading London local authority.
- Career Development:Gain valuable experience in a high-impact role within the public sector.
- Make a Difference:Contribute to the effective administration of pension schemes, ensuring members receive accurate and timely benefits.
If you have the necessary skills and experience, we would love to hear from you. Please submit yourCVdetailing your relevant experience and suitability for the role.
Join us and make a difference in the lives of pension scheme members while advancing your career in pensions administration!
Consultant: Imran Makda
