This is a newly created role, and you will be the sixth addition to this small friendly in-house pension department, where all Defined Benefit scheme only administration is managed in-house.
Your role will be to contribute to the smooth running of the Pensions Office through providing administration services and also assisting with the preparation and processing of five periodic pensioner payrolls (the latter being just a small part of the role, and it is not essential that you have this previous experience to apply, this can be learned on the job). Previous occupational pensions experience is important to enable you to Administer members’ benefits in line with the Scheme Rules and appropriate legislation, including but not limited to, refunds of contributions, deferred pensions, transfers-in, transfers-out, and retirements including projections, and ensure that the pension database is kept up to date.
You will be someone who enjoys member contact and able to respond clearly and helpfully to queries from members, referring complex enquiries to the Deputy Pensions Manager. You will also liaise with external advisers to facilitate the review and re-broking of insured benefits (i.e. Group Income Protection and Group Life policies). A team player you will contribute to team meetings and participate in specific projects, for example Annual Benefit Statements to members, pensioner existence exercises, etc.
You will also assist in the running of five payrolls (2 monthly payrolls and 3 quarterly payrolls) to include payment of income tax to HMRC within legislative timescales.
Small friendly team, a role with a wide mix of areas in pensions and pensioner payroll to help with, in a Central London location, offering a competitive salary and benefit package, what are you waiting for… get in touch today!
For a full Job Profile about this role, to apply, or for a formal/informal discussion please contact me.