At a Glance
- Tasks: Lead and manage DB pension schemes while supporting junior staff and ensuring project delivery.
- Company: Top UK pension consulting firm focused on culture and career progression.
- Benefits: Market-leading financial package, excellent staff retention, and clear career paths.
- Other info: Inclusive culture with opportunities for personal and professional growth.
- Why this job: Join a dynamic team and make a real impact in the pension industry.
- Qualifications: Experience in pension administration and strong leadership skills.
The predicted salary is between 40000 - 50000 £ per year.
IDEX Consulting is working with one of the UK's leading pension consulting firms in the search for a Senior Pension Administrator in their DB schemes team. The role has arisen due to continued growth and recent external investment.
This firm has invested in excellent staff retention rate, clear progression plans and opportunities in different teams, they are focused on culture and making sure everyone is supported with a solid career plan. They are an invested Pension practice in the market and offer a market leading financial & benefits package.
You will be responsible for administering and leading on a portfolio of DB schemes, acting as the client relationship manager. You will check colleagues' work, manage work-flow and train/develop the junior staff.
As a Senior Pensions Administrator within our projects team, you will play a crucial part in the delivery and management of pension projects. You would be involved in a variety of projects including:
- Benefit audit analysis & rectification work
- Data analysis and rectification
- GMP reconciliation, rectification and equalisation
- Legal reviews such as benefit specification and equalisation advice
- Data transfer to the Pension Protection Fund or insurance companies
- Manage and maintain member records
- Setting clear timelines for the delivery of projects
- Setting and managing budgets
- Attending Trustee meetings
- Involved in the day to day administration of the scheme
Desirable:
- Knowledge of and experience with GMP Reconciliation / Equalisation calculations
- Practical knowledge of the Pension Protection Fund (PPF)
