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Pensions Associate

The Sammons Recruitment Group - Specialist Recruitment Consultancy
Posted 15 days ago, valid for 6 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

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.

Sonic Summary

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  • The role involves providing first-class service to clients while adhering to strict service level agreements.
  • Candidates should have experience in pension scheme administration, specifically in both DB and DC schemes.
  • The position requires processing membership administration, responding to member queries, and producing accurate correspondence.
  • Applicants should be computer literate, proficient in MS Office, and possess a good understanding of current pension legislation.
  • The salary for this position is competitive, and candidates should have at least 2 years of relevant experience, referencing job number 69914.

You will provide a first-class service to clients, working within strict service level agreements. Undertake all aspects of pension scheme administration, on both DB and DC scheme administration.

About the role

  • Process all aspects of membership administration.
  • Produce accurate written correspondence to deadlines.
  • Respond to members’ telephone queries either in writing or verbally.
  • Provide members with quotations as requested, accurately and to agreed deadlines.
  • Set up and process forthcoming retirements for payroll purposes.
  • Understand the principles behind commutation factors and calculations.
  • Understand the context and acknowledge of Guaranteed Minimum Pension (GMP) from first principles; also have an awareness of a Contracted Out scheme.
  • Undertake periodical and ad hoc administrative tasks as required.

About you

  • Computer literate. Experienced in the use of MS Office.
  • DB/DC experience.
  • Ability to complete manual calculations accurately.
  • Strong team player.
  • Knowledge and understanding of current pension legislation and an appreciation of upcoming changes.

Please quote reference 69914

Apply now in a few quick clicks

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.