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Pensions Benefits Specialist

NET Recruit
Posted 8 days ago, valid for 10 days
Location

Sheffield, South Yorkshire S5 8DP

Salary

£32,000 - £38,400 per annum

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Contract type

Full Time

Retirement Plan

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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  • NET Recruit is partnering with a nationally recognized business in South Yorkshire to find a Pensions Benefits Specialist with experience in final salary pensions.
  • The role involves supporting pension scheme administration, ensuring compliance with business processes, and identifying areas for improvement.
  • Applicants must have experience with UK DB Pension Schemes, CARE Benefits, and relevant PMI qualifications, along with strong communication skills.
  • The starting salary for this position is around £42,000, depending on qualifications and experience, accompanied by a comprehensive benefits package.
  • The company is committed to employee development, offering career progression plans and access to resources for skill enhancement.
Your Company:The team at NET Recruit are delighted to be partnering with a nationally recognised business to support their search for a Pensions Benefits Specialist, with exposure to final salary pensions, to join their team in the South Yorkshire area. Wielding decades of success and a good strong business strategy and ethos, this business is experiencing a period of growth across many of their business functions, resulting in an increased level of members in their pensions schemes.The position holder will be joining a growing and bustling team of pensions specialists, whose responsibility it is to support the administration of the pension scheme and service centre by ensuring that the business and pensions processes conform to the specifications required and seek for opportunities of continuous improvement to strengthen the offering. This role will handle final salary pensions and therefore applicants MUST have experience with this.Your Role & Responsibilities:While in this position your duties may include but are not limited to:
  • Handling compliance tests for the Pension Service Centre's business processes, ensuring these conform with specifications
  • Supporting the team to action any highlighted areas that need improvement through the compliance testing
  • Providing support to the de-risking and wider teams to develop solutions for pension benefits, record keeping and administration, with the aim of enabling post-migration calculation and payment of residual benefits
  • Rectifying any benefits as the need arises and creating communication to members for trustee reviews and sign off as these occur
  • Relaying important information to the team members working on the helpline to ensure they can communicate with members and resolve queries accurately
What you will need to Apply:For this position, applicants must have a background working in and administering final salary pensions, UK DB Pension Schemes and CARE Benefits, as well as experience in handling, extracting and presenting data relating to pension schemes. Additionally, all applicants should have a relevant PMI qualification such as APE, QPA, CPSMG or be in possession of other similar finance or payroll qualifications. Excellent communication, both written and verbal isn't a requirement, alongside a diligent approach to work and be able to handle large volumes of data appropriately.What you will get in Return:For the successful candidate, a starting salary in the region of £42,000 is available, depending on qualifications and experience held by the individual. Alongside this, there will be an excellent benefits package including a plethora of incentives and rewards such as a strong holiday allocation, pension contribution, health and dental options, share schemes and also discounts and offers on various businesses and products. The company are serious about supporting the development of their workers and as such will work collaboratively with the successful candidate to build a strong career progression plan through the business, with attainable targets and access to fantastic resources in order to widen the job holders skills and knowledge relevant to the role.To find out more, please reach out to:Justin Heron - Talent Acquisition DirectorM:E:

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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.