Pensions Adminstrator

Job description

****Senior Pensions Administrator Job opportunity*****
Location: Hybrid, 3 days in Welwyn Garden City
Department: People Office, Pensions
Reports To: Pensions Administration Manager

Job Summary:
Join a blue-chip FMCG and retail brand that serves millions of customers globally, with over 6,000 stores internationally. This well-known household name is offering an exciting opportunity for a Senior Pensions Administrator (Projects) to support the Pensions Administration team. In this role, you will handle technical administration cases and project calculations across a Defined Benefit (DB) Scheme. This is a fantastic opportunity to work on challenging projects while contributing to the success of a globally recognized company.

Key Responsibilities:
* Project Support: Assist with data analysis, cleansing, and testing for cyclic and key pension projects.
* Member Calculations: Complete pension calculations and manage correspondence for members, ensuring timely completion within SLA.
* High Earners & Legislative Controls: Manage calculations for high earners, ensuring compliance with legislative controls for protection.
* Quality Assurance: Perform QA checks on colleague communications to ensure compliance with pension technical and legislative requirements.
* Compliance & Reconciliation: Update and reconcile worklists to ensure ongoing compliance with pension regulations.
* Transfer Case Reviews: Review pension transfer cases, ensuring adherence to relevant regulations and best practices.
* Audit Support: Assist auditors with queries during the annual audit process.
* Complaint Handling: Review and manage complaint or historic pension transfer cases, ensuring swift resolution and compliance.
* Complex Calculations: Complete and review complex member calculations, maintaining SLA targets.
* Compliance Processes: Support all processes aimed at maintaining compliance, minimizing escalations, and resolving complaints efficiently.
* Professional Development: Support team members in their pursuit of PMI exams.
* Process Improvement: Take initiative to improve internal processes, driving efficiency and operational excellence.

Relevant Experience:
* 3+ Years of DB Pension Scheme Administration: Proven experience in administering Defined Benefit pension schemes, including managing member benefits and complex calculations.
* Technical Benefit Calculations: Experience in performing and reviewing detailed pension benefit calculations.
* UK Pension Legislation Knowledge: Up-to-date knowledge of current UK pension legislation and regulations.

Operational Skills:
* Prioritisation and time management skills to manage workloads effectively.
* Strong written and verbal communication skills for clear correspondence and presentations.
* Highly numerate and analytical, with project experience.
* Strong teamwork ethic with a willingness to help colleagues.
* Highly motivated and keen to learn.
* Proficient in Microsoft Office (Excel, Word, PowerPoint, Access).

Application Process:
Candidates will ideally show evidence of the above in their CV to be considered. Please be advised that if you haven't heard from us within 48 hours, your application has not been successful on this occasion. However, we may keep your details on file for any suitable future vacancies and contact you accordingly.

About Pontoon:
Pontoon is an employment consultancy. We put expertise, energy, and passion into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an all-encompassing environment that helps them thrive.

Contact:
Please email your CV