At a Glance
- Tasks: Review pensionable pay records and calculate discrepancies for the LGPS.
- Company: Join a supportive team focused on pension administration.
- Benefits: 6-month contract with potential for future opportunities.
- Other info: Training provided on Assumed Pensionable Pay rules.
- Why this job: Make a real difference in ensuring accurate pension reporting.
- Qualifications: Knowledge of LGPS and strong Excel skills preferred.
The predicted salary is between 30000 - 40000 £ per year.
6 months Contract
Background to assignment:
The LGPS Pension Scheme changed to a Career Average scheme in April 2014 and we have identified a potential issue with our payroll software reporting pensionable pay correctly for specific scenarios surrounding various absences from work. As a result, we require someone, preferably with knowledge of the Local Government Pension Scheme (LGPS), to review pensionable pay that has been reported to our pension scheme administrator since April 2014.
The work we need the person to do is very specific. We have already identified the records that need to be reviewed and created a spreadsheet to complete. We have also created a template to complete for individual calculations. We need someone to:
- Review payslips for individuals or relevant complete years where Assumed Pensionable Pay is applicable.
- Complete the individual calculation templates to calculate the difference between what pensionable pay we have reported and what we should have reported.
- Transfer these figures onto the main spreadsheet.
We will create a checklist of what to check for various scenarios on payslips and provide training on the Assumed Pensionable Pay rules for the LGPS scheme.
The skills required are:
- Knowledge of the LGPS pension scheme (particularly regarding absences) would be beneficial.
- Experience of using ITrent payroll software would be beneficial.
- Ability to create formulas in Excel and good general Excel skills.
- Understanding of payroll to be able to interrogate payslips.
- Ability to problem solve.
- Ability to work methodically paying attention to detail.
Pension Administrator(LGPS) employer: Guidant Global
Join a forward-thinking organisation that values precision and attention to detail, especially in the realm of pension administration. Our supportive work culture fosters professional growth, offering training on the Local Government Pension Scheme and opportunities to enhance your Excel skills. Located in a vibrant community, we provide a collaborative environment where your contributions directly impact the accuracy of pension reporting, making your role both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Pension Administrator(LGPS)
✨Tip Number 1
Network like a pro! Reach out to your connections in the pension and payroll sectors. A friendly chat can lead to insider info about job openings or even a referral. Don’t be shy; we all love a good natter!
✨Tip Number 2
Brush up on your Excel skills! Since this role involves creating formulas and working with spreadsheets, showing off your Excel prowess during interviews can really set you apart. We recommend doing a few online tutorials to refresh your memory.
✨Tip Number 3
Prepare for those tricky questions! Think about how you’d tackle specific scenarios related to pensionable pay and absences. We suggest practising your answers so you can demonstrate your problem-solving skills confidently.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team. Let’s get you that Pension Administrator role!
We think you need these skills to ace Pension Administrator(LGPS)
Some tips for your application 🫡
Know Your Stuff:Make sure you highlight any experience or knowledge you have about the LGPS pension scheme, especially regarding absences. We want to see that you understand the ins and outs of the system!
Excel-lent Skills:Since you'll be working with spreadsheets, show off your Excel skills! Mention any experience you have with creating formulas or using Excel for data analysis. We love a detail-oriented applicant!
Tailor Your Application:Don’t just send a generic application. Tailor your CV and cover letter to reflect the specific requirements of this role. We appreciate when candidates take the time to connect their skills to what we need.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep everything organised and makes sure your application gets the attention it deserves!
How to prepare for a job interview at Guidant Global
✨Know Your LGPS Inside Out
Make sure you brush up on the Local Government Pension Scheme, especially the rules around absences and Assumed Pensionable Pay. Being able to discuss specific scenarios and demonstrate your understanding will show that you're not just familiar with the scheme but also ready to tackle the challenges they face.
✨Excel Skills Are Key
Since you'll be working with spreadsheets and formulas, it’s crucial to showcase your Excel skills during the interview. Prepare to discuss any previous experience you've had with creating formulas or managing data in Excel, and maybe even bring along a sample of your work to demonstrate your capabilities.
✨Get Familiar with ITrent Payroll Software
If you have experience with ITrent, make sure to highlight it! If not, do a bit of research beforehand. Understanding how payroll software works will help you answer questions more confidently and show that you're proactive about learning.
✨Attention to Detail is a Must
This role requires a methodical approach and a keen eye for detail. Be prepared to give examples from your past work where your attention to detail made a difference. This could be anything from catching errors in payroll to ensuring compliance with pension regulations.
