At a Glance
- Tasks: Manage pensioner payrolls and ensure accurate data processing in a collaborative team.
- Company: Join Legal & General, a leading UK financial services group with a rich history.
- Benefits: Competitive salary, performance bonuses, generous holiday, and healthcare plans.
- Other info: Flexible working options and a supportive, inclusive culture await you.
- Why this job: Grow your career while making a real impact on people's financial futures.
- Qualifications: Experience with data, Excel skills, and a customer-focused mindset.
The predicted salary is between 30000 - 40000 £ per year.
Company Description
Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.
Our Institutional Retirement business is the UK’s longest-serving active bulk annuity provider. Our UK retirement annuity book stands at an estimated £86.1 billion at 31 December 2023. Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us.
Job Description
We’re recruiting for a Payroll Consultant to join us. We’re offering a competitive base salary. Are you looking to grow your career in a collaborative and customer‑focused environment? Join our Institutional Retirement – Client Services team, where you’ll help ensure pensioner payrolls transition smoothly and accurately. You’ll be part of a supportive team committed to delivering excellent outcomes for our customers, while developing your skills in a role that values precision, integrity and continuous improvement.
What you'll be doing:
- Loading pensioner scheme data and amendments onto the appropriate administration systems
- Managing buy‑in payments and true‑up calculations accurately and within agreed timescales
- Reconciling payments and benefits to ensure they align with benefit specifications
- Supporting the testing and documenting of processes to drive consistency and quality
- Following agreed procedures to maintain robust audit trails across all data items
- Keeping internal teams and relevant third parties informed to support excellent customer outcomes
- Maintaining compliance with key regulatory requirements including GDPR and treating customers fairly
- Working collaboratively across teams to ensure accurate, timely and customer‑focused service delivery
Who we're looking for:
- Experience working with data and confidently using Excel functions
- Experience loading benefits or data into administration systems
- Ability to organise and prioritise workload to meet deadlines
- Strong customer focus and the ability to build positive working relationships
- Understanding of defined benefit pension schemes (beneficial)
- Knowledge of GDPR, money laundering, complaints handling and related legislation (beneficial)
- Pension or payroll qualifications such as CII, PMI or CPP, or equivalent experience (beneficial)
- A proactive approach to identifying and reducing risks within processes
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart.
Qualifications
Additional Information
At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Pension Payroll Specialist | Data-Driven & Flexible in Hove employer: Banner Life Family of Companies
Legal & General (L&G) is an exceptional employer, offering a collaborative and customer-focused environment where you can grow your career as a Pension Payroll Specialist. With a commitment to employee wellbeing, generous benefits including a competitive salary, performance-related bonuses, and flexible working options, L&G fosters a culture of inclusivity and continuous improvement, making it an ideal place for those seeking meaningful and rewarding employment in the financial services sector.
Contact Details:
Banner Life Family of Companies Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pension Payroll Specialist | Data-Driven & Flexible in Hove
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and practising common questions. Show them you’re not just another candidate; you’re genuinely interested in their mission and values.
✨Tip Number 3
Follow up after interviews with a thank-you email. It’s a simple gesture that shows your appreciation and keeps you fresh in their minds. Plus, it’s a great chance to reiterate your enthusiasm for the role!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Pension Payroll Specialist | Data-Driven & Flexible in Hove
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Pension Payroll Specialist role. Highlight your data management experience and any relevant qualifications to catch our eye!
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re passionate about working in pension payroll. Share specific examples of how you've contributed to customer-focused outcomes in previous roles.
Showcase Your Excel Skills:Since this role requires confidence in using Excel, don’t forget to mention any specific functions or projects where you’ve used Excel effectively. We love seeing those skills in action!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands quickly!
How to prepare for a job interview at Banner Life Family of Companies
✨Know Your Numbers
As a Pension Payroll Specialist, you'll be dealing with data and calculations. Brush up on your Excel skills and be ready to discuss how you've used data in previous roles. Maybe even prepare a few examples of how you’ve managed payroll or reconciled payments.
✨Understand the Industry
Familiarise yourself with defined benefit pension schemes and the regulatory landscape, including GDPR. Showing that you understand these concepts will demonstrate your commitment to compliance and customer care, which is crucial for this role.
✨Showcase Your Customer Focus
This role is all about delivering excellent outcomes for customers. Be prepared to share examples of how you've built positive relationships in past positions and how you prioritise customer needs in your work.
✨Be Proactive About Risks
The job requires a proactive approach to identifying and reducing risks. Think of instances where you’ve improved processes or mitigated potential issues in your previous roles. This will show that you’re not just reactive but also forward-thinking.
