Excellent opportunity to join a large in-house pension scheme, you will be responsible for supporting the Administration team in delivering technical administration cases and calculations across a defined Benefit Scheme.
About the role
- Completing calculations and managing correspondence for members ensuring that they are completed within SLA.
- Completing calculations and managing correspondence for high earners including legislative controls for protection.
- Completing QA checks on colleague communications from a pension technical and legislative perspective.
- Updating and reconciling of worklists to ensure compliance.
- Reviewing transfer cases ensuring compliance with regulations.
- Responding to email correspondence and management of team email inboxes.
- Assisting auditors with any queries they may have during the annual audit.
- Completing and reviewing complex member calculations ensuring all calculation SLA's are maintained.
- Reviewing complaint/Historic pension transfer cases
- Authorisation of daily payments.
- Supporting all processes to maintain compliance and minimise escalations and complaints.
- Providing support and testing for cyclic projects and key projects.
- Support team in PMI exams
- Taking the initiative to improve processes and drive efficiency.
About you
- Prioritisation and time management
- Communication skills - written and verbal
- Strong Team work ethic and willingness to help
- Highly motivated and keen to learn
- UK Pension Scheme knowledge
- Microsoft Office (Excel, Word, Powerpoint, Access)
- 3+ years of DB Pension Scheme administration experience
- Experience of technical benefit calculations
- Up to date knowledge of UK Pensions legislation
Please quote reference 89136