At a Glance
- Tasks: Administer pension payroll activities and ensure accurate payments for members.
- Company: Join a growing pensions business with a supportive team culture.
- Benefits: Flexible hybrid working, career development opportunities, and exposure to innovative processes.
- Other info: Dynamic environment with opportunities for process improvement and operational efficiency.
- Why this job: Make a real difference in people's lives by managing their pension payments.
- Qualifications: Experience in pension administration and strong attention to detail required.
The predicted salary is between 30000 - 40000 £ per year.
We are looking for an experienced Pension Payroll Administrator to join a growing operations team, supporting the delivery of high-quality payroll services for pension scheme members and policyholders. This is an excellent opportunity for someone with defined benefit pension and payroll administration experience who enjoys working in a detail-focused environment and is passionate about delivering outstanding customer outcomes.
Key Responsibilities
- Administer pension payroll activities in line with scheme rules, legislation and internal controls.
- Process new pensioner payroll records, amendments, cessations and one-off payments.
- Calculate and apply pension increases, tax deductions, arrears and recoveries.
- Complete payroll reconciliations, validations and control checks to ensure accurate and timely payments.
- Maintain member and payroll records, resolving discrepancies and exceptions.
- Handle enquiries from members, trustees and third parties, providing clear and accurate communications.
- Support payroll implementations, scheme onboarding activities and key life cycle events.
- Assist with data validation, quality assurance and operational reporting.
- Ensure compliance with pension legislation, PAYE regulations and governance requirements.
- Contribute to process improvements and operational efficiency initiatives.
Essential
- Experience in defined benefit pension administration and/or pension payroll administration.
- Strong understanding of payroll processes, controls and reconciliations.
- Knowledge of PAYE, payroll legislation and HMRC requirements.
- Excellent attention to detail and numerical accuracy.
- Experience using pension administration and payroll systems.
- Strong organisational skills with the ability to manage multiple priorities.
- Proficient in Microsoft Excel and the wider Microsoft Office suite.
Desirable
- Experience within Bulk Purchase Annuities (BPA) or Pension Risk Transfer environments.
- Knowledge of FCA regulatory requirements and governance frameworks.
- Experience supporting payroll implementations, transitions or change projects.
What's on Offer
- Flexible hybrid working.
- Opportunity to join a growing and evolving pensions business.
- Exposure to pension payroll operations, governance and process improvement initiatives.
- Supportive and collaborative team environment.
- Career development opportunities within a specialist pensions function.
Pensions Payroll Admin in Manchester employer: Oliver James
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