At a Glance
- Tasks: Support the Pensions Team Manager with daily operations and maintain accurate pension records.
- Company: Join a London local authority dedicated to delivering essential public services.
- Benefits: Enjoy a hybrid working pattern and competitive pay of £26.62 per hour.
- Why this job: Make a real impact in public service while utilising your pension expertise.
- Qualifications: Strong understanding of pensions, especially LGPS, with attention to detail and accuracy.
- Other info: Interviews happening ASAP; apply now for immediate consideration!
A contract opportunity has arisen for an experienced Pensions Advisor to join a London local authority, supporting the delivery of a vital public service.
As Pensions Advisor, you will support the Assistant Pensions Team Manager with the day-to-day operations of the pension service. A key part of the role involves monitoring the performance of the pension administrator to ensure processes run smoothly and meet expected standards.
You will carry out a range of administrative tasks to maintain accurate pension records and assist employers in meeting their responsibilities to the fund. The role also provides support to the Assistant Pensions Team Manager and Head of Pensions as required.
Responsibilities:- Calculate and check redundancy payments
- Collate and provide pay data for early retirements to enable accurate calculation of pension benefits and employer costs
- Advise on pay details relating to sickness, parental leave, strike action, and unpaid absences; verify any related calculations
- Set up new employers and admitted bodies on the fund accurately and without delay
- Monitor and reconcile LGPS contributions from employees and employers, including schools and academies; resolve discrepancies
- Ensure payroll providers administer Additional Voluntary Contributions (AVCs) correctly, and share information with providers and members promptly
- Maintain accurate records and compile statistics for performance monitoring and reporting
- Retrieve archived records to assist with queries from members or third parties
- Review pensions payroll data, flagging discrepancies related to new pensioners, deaths, or payment adjustments
- Provide guidance and support to payroll teams on pension-related processes
- You will have a strong understanding of pensions, particularly the Local Government Pension Scheme (LGPS), and previous experience in a similar role where attention to detail and accuracy were essential.
- Solid knowledge of LGPS regulations, with an understanding of the Teachers’ Pension Scheme, State Pension, HMRC requirements, and The Pensions Regulator’s guidance
- Confident in liaising with employers to ensure timely and accurate provision of pension information
- Structured and organised approach to tracking contributions and reviewing payroll data
- Proven ability to manage pension events such as retirements, leavers, or changes to working hours, with accurate record keeping
- Experience calculating pensionable pay and preparing payment instructions for retirement grants, refunds, transfers, and death benefits
- Adept at managing supplier invoices and ensuring timely payment
If you’re looking for a contract role where you can hit the ground running and use your pension knowledge in a meaningful way, this could be a great fit. Interviews to take place as soon as possible with a view to a start soon thereafter. Submit your CV now for immediate review.
Pension Advisor employer: Pertemps
Contact Detail:
Pertemps Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Advisor
✨Tip Number 1
Familiarise yourself with the Local Government Pension Scheme (LGPS) regulations and any recent changes. This will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with current or former employees of local authorities or pension advisory roles. They can provide valuable insights into the day-to-day responsibilities and expectations, which can help you tailor your approach during the interview.
✨Tip Number 3
Prepare specific examples from your past experience that showcase your attention to detail and accuracy in managing pension records. Being able to discuss these examples will highlight your suitability for the role.
✨Tip Number 4
Research the local authority's recent initiatives or challenges related to pensions. Showing that you understand their context and are ready to contribute solutions can set you apart from other candidates.
We think you need these skills to ace Pension Advisor
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience and skills relevant to the Pension Advisor role. Emphasise your understanding of the Local Government Pension Scheme (LGPS) and any previous roles where attention to detail was crucial.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Explain how your background aligns with the tasks, such as monitoring pension contributions and advising on pay details.
Highlight Relevant Experience: In your application, focus on your past experiences that relate directly to the role. Mention any specific instances where you managed pension events or liaised with employers to ensure accurate information provision.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that all information is clear, concise, and free from typos, as accuracy is key in this field.
How to prepare for a job interview at Pertemps
✨Know Your Pensions Inside Out
Make sure you have a solid understanding of the Local Government Pension Scheme (LGPS) and other relevant pension schemes. Brush up on regulations and be ready to discuss how they apply to the role.
✨Demonstrate Attention to Detail
Since accuracy is crucial in this role, prepare examples from your past experience where your attention to detail made a difference. Be ready to explain how you ensure precision in your work.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding discrepancies in payroll data or pension contributions. Think of specific situations you've handled and how you resolved them.
✨Show Your Communication Skills
As you'll be liaising with employers and payroll teams, highlight your communication skills. Prepare to discuss how you effectively convey complex information in an understandable way.