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- Tasks: Manage complex pension calculations and support junior team members in a dynamic environment.
- Company: Join Barnett Waddingham, a leader in pension administration with a focus on growth.
- Benefits: Enjoy a competitive salary, generous pension scheme, and up to 30 days holiday.
- Other info: Flexible working options and a commitment to accessibility for all.
- Why this job: Be part of a rapidly growing team with clear routes for career progression.
- Qualifications: In-depth knowledge of DB and DC pension schemes is essential.
The predicted salary is between 35000 - 45000 £ per year.
We have an exciting new opportunity for a Senior Pension Administrator to join our growing team. This is a permanent, full time role that can be based in our Liverpool or Leeds office, working on a hybrid basis. Join us at a genuinely exciting moment for pension administration within Barnett Waddingham. As part of the rapidly growing Howden employee benefits business, opportunities for development have never been stronger. We are investing in our people, our teams and our operating model, creating clear routes for progression and long rewarding careers.
Responsibilities
- Has a thorough understanding of the trust deed and rules for each scheme
- Carries out complex benefit calculations and tasks and deals with more complex pension queries
- Checks work of other team members, ensuring accuracy and compliance with scheme rules, internal procedures and controls and legislation
- Authorises benefit payments
- Checks pensioner payrolls, including calculation of net pay, arranges payments and preparation of year end returns
- Liaises with authorities including DWP, HMRC, The Pensions Regulator and the Information Commissioner
- Monitors scheme cashflow requirements and arranges investments/disinvestments as required
- Supporting team leader and training junior team members
We would love to hear from you if you have
- In depth knowledge of both DB and DC occupational pension schemes
- Has a clear understanding of how the PPF operates and the nature and type of compensation
- Has a thorough understanding of the stages involved and projects to be completed in relation to the PPF assessment period
What's in it for you
- Competitive discretionary annual bonus
- Generous pension scheme
- Core benefits for you including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
- A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts
Happy to talk flexible working.
Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Not quite the right opportunity for you this time? For more about us and other Careers at BW, please click here.
Follow Barnett Waddingham on LinkedIn.
We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to careers@barnett-waddingham.co.uk.
Senior Pension Administrator in Leeds employer: Barnett Waddingham
Contact Detail:
Barnett Waddingham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Administrator in Leeds
✨Tip Number 1
Network like a pro! Reach out to current employees at Barnett Waddingham on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of DB and DC schemes. Show us you know your stuff, especially about the PPF and its processes. Confidence is key!
✨Tip Number 3
Don’t forget to highlight your experience with complex benefit calculations. We want to see how you’ve tackled tricky pension queries in the past. Real-life examples will make you stand out!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at this exciting time.
We think you need these skills to ace Senior Pension Administrator in Leeds
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Senior Pension Administrator role. Highlight your knowledge of DB and DC schemes, and any relevant calculations you've handled. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pension administration and how your background aligns with our values at Barnett Waddingham. Keep it engaging and personal – we love to see your personality!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Whether it's streamlining processes or training junior team members, let us know how you've made an impact in your previous roles. We’re all about growth and development!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to see all the details about the role and our company culture. We can’t wait to hear from you!
How to prepare for a job interview at Barnett Waddingham
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of both DB and DC occupational pension schemes. Be ready to discuss the trust deed and rules for each scheme, as well as the PPF assessment period. This will show that you’re not just familiar with the basics but have a deep understanding of the complexities involved.
✨Prepare for Complex Queries
Since the role involves dealing with complex pension queries, think about potential questions you might face. Prepare examples from your past experience where you successfully handled similar situations. This will demonstrate your problem-solving skills and ability to manage challenging scenarios.
✨Showcase Your Team Leadership Skills
As a Senior Pension Administrator, you’ll be expected to support team leaders and train junior members. Be prepared to discuss your leadership style and provide examples of how you’ve mentored others in the past. Highlighting your ability to foster a collaborative environment will set you apart.
✨Understand Compliance and Regulations
Familiarise yourself with the relevant legislation and compliance requirements, including those from HMRC and The Pensions Regulator. Being able to articulate how you ensure accuracy and compliance in your work will reassure the interviewers that you take these responsibilities seriously.