Responsibilities
· Checking/signing out all administration tasks, including:
- Calculations for leavers, retirements, deaths
- Letters and statements
- Updating of administration database
- Quarterly administration reports
- Annual benefit statements
- Annual pension increases
- Provision of data for annual report & accounts
· To have strong knowledge of their schemes and maintain a good working relationship with all client contacts.
· Handling complex queries and telephone calls.
· Training and mentoring of more junior members of staff.
· Assisting in other management responsibilities eg appraisals and recruitment.
· Attending trustee meetings.
· Taking responsibility for ad-hoc projects and exercises.
· Keeping up to date with technical developments.
Candidate description
· Experience gained in the administration of DB schemes, including leavers, retirements, deaths, transfers in, transfers out, benefit statements, renewals and pension increases.
· Experience of current pensions legislation and framework is essential
· Third party pensions administration experience preferred, although strong all round experience within an in house pensions department, which is not purely process driven, will be considered.
· Able to demonstrate a numerical aptitude evidenced by relevant academic achievements or equivalent work related experience.
· Preferably educated to A-level standard or equivalent ideally in a Mathematical related subject.
· Ideally studying for/or willingness to study for QPA/PMI qualifications.
· Previous experience of checking work and mentoring more junior members of staff would be desirable.
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