At a Glance
- Tasks: Calculate and manage pension benefits while responding to complex queries.
- Company: Join Wirral MBC, a supportive and inclusive workplace.
- Benefits: Competitive pay at £17.01ph with opportunities for growth.
- Other info: Equal opportunity employer committed to safe recruitment practices.
- Why this job: Make a difference in people's lives by managing their pensions.
- Qualifications: Attention to detail and strong analytical skills required.
The predicted salary is between 35000 - 40000 £ per year.
Determine entitlement and calculate member benefits, divorce/pension sharing orders, and transfer payments.
Process pension options in line with HMRC tax legislation, including annual pension increase reviews and pension adjustments.
Respond to complex technical queries relating to pension policy while meeting service performance targets.
Calculate dependant benefits and death gratuities.
Investigate and recover overpayments where appropriate, including requests for write-offs based on individual circumstances.
Assess eligibility for pension commutation under LGPS de minimis and HMRC limits, including applicable taxation.
Administer AVC (Additional Voluntary Contributions), APC (Additional Pension Contributions), ARC, and Added Years contracts.
Process AVC conversions at retirement into service credits, annuities, and/or tax-free cash.
Financial and Employer Liaison
Produce recharge accounts for employers relating to early retirement strain costs and compensatory added years.
Liaise with Sundry Debtors and managers regarding invoice write-offs and payment holds.
Maintain accurate pension account data and follow up outstanding employer documentation.
Pension Administration Officer. Job in Wirral LilyLifestyle Jobs in Bebington employer: United Cerebral Palsy of Georgia
At Wirral MBC, we pride ourselves on being an excellent employer, offering a supportive work culture that values collaboration and professional growth. As a Pension Administration Officer, you will benefit from competitive pay, comprehensive training, and opportunities for career advancement within a dynamic team dedicated to delivering exceptional service. Located in the vibrant Wirral area, our organisation fosters a commitment to diversity and inclusion, ensuring that every employee feels valued and empowered to make a meaningful impact.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pension Administration Officer. Job in Wirral LilyLifestyle Jobs in Bebington
✨Tip Number 1
Network like a pro! Reach out to current or former employees in the pension sector, especially those at Wirral MBC. They can give you insider tips and maybe even put in a good word for you.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of HMRC tax legislation and pension policies. We want you to be able to tackle those complex queries with confidence!
✨Tip Number 3
Showcase your problem-solving skills! Think of examples where you've successfully handled financial discrepancies or complex calculations. This will demonstrate your ability to investigate and recover overpayments effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Pension Administration Officer. Job in Wirral LilyLifestyle Jobs in Bebington
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Pension Administration Officer role. Highlight your experience with pension calculations and any relevant technical queries you've handled. We want to see how you fit into our team!
Show Off Your Skills:Don’t hold back on showcasing your skills in financial administration and customer service. Mention any specific software or systems you’ve used that relate to pension management. This will help us see your potential contribution to our team.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to complex topics like pensions!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Pension Basics
Before heading into the interview, brush up on your knowledge of pension schemes, especially those relevant to the LGPS. Understanding terms like AVC, APC, and pension commutation will show that you're serious about the role and can speak the language of pensions.
✨Prepare for Technical Questions
Expect to face complex queries during the interview. Practice answering questions related to calculating member benefits and handling divorce/pension sharing orders. Being able to demonstrate your problem-solving skills in these areas will impress the interviewers.
✨Showcase Your Communication Skills
As a Pension Administration Officer, you'll need to liaise with various stakeholders. Prepare examples of how you've effectively communicated complex information in the past. This could be through written reports or verbal explanations, so have a few scenarios ready to share.
✨Demonstrate Attention to Detail
In this role, accuracy is key. Be ready to discuss how you ensure precision in your work, especially when processing pension options and maintaining account data. Highlight any previous experiences where your attention to detail made a significant difference.
