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Pensions Adviser

Red Personnel
Posted 4 hours ago, valid for a day
Location

London, Greater London EC1R 0WX

Salary

£21 - £26 per hour

Contract type

Part Time

Retirement Plan

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Sonic Summary

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  • The position of Pensions Adviser is available in London with a competitive pay rate of £21 per hour PAYE or £26 per hour Umbrella.
  • Candidates should possess proven experience in pension administration, particularly within the Local Government Pension Scheme (LGPS).
  • The role involves maintaining accurate records, liaising with employers, and ensuring compliance with relevant regulations.
  • This is a full-time position, but part-time options are also considered, offering a hybrid working environment.
  • Successful applicants will join a supportive team and contribute to the effective administration of pension schemes.
Job Title: Pensions AdviserDepartment: FinanceReports To: Assistant Pensions Team ManagerLocation: London (Hybrid)Rate of Pay: £21 per hour PAYE or £26 per hour UmbrellaContract Type: Full-time (open to Part-Time)Duration: Temprorary OngoingAbout the Role:We are seeking a dedicated and experienced Pensions Adviser to join a leading local authority in London. This is a full-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 the Local 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.
About You:
  • 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.
Why Apply?
  • 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.
How to Apply:If you have the necessary skills and experience, we would love to hear from you. Please submit your CV detailing 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

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.