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Focus Resourcing
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Reading, Berkshire
DB Pension Administrator
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Job Type: Full-time |
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Overview
Our client is a prestigious Pensions company who are seeking a Senior Pension Administrator to join their Reading office. Ideally, our client is looking for someone who is currently working in the same role as the vacancy, in a DB TPA or in-house role. Please only apply if you have DB Pensions experience. The role Working as part of the Pensions Administration team who manage a portfolio of DB Pension Clients. Check standard calculations and take on complex calculation cases, drafting client, Adviser and Consultant correspondence as required. Gain a good understanding of specific client requirements / processes and conduct work accordingly. Process individual and Bulk Benefit cases. Gain an understanding of complex cases such as divorce broadening and developing technical knowledge. ·Check systems and processes for correctness identifying errors. · Job Requirements Knowledge & experience Able to demonstrate a thorough knowledge of pensions administration activities and can apply this knowledge to any scheme. Previous pensions administration experience of Defined Benefit schemes including leavers, retirements, deaths, transfers in, transfers out, monthly processing and investment, benefit statements, renewals and life styling/investment switches. This role is likely to appeal to individuals with a minimum of 5 years' experience although not exclusive as all applications will be considered on an individual basis. Experience of current pensions legislation and framework is essential, especially the regulatory requirements of the various Pensions and Finance Acts which impact on pensions administration. Experience of checking and mentoring more junior members of staff is required. Third party pensions administration experience preferred, although strong all-round experience within an in-house pensions department, which is not purely process driven will be considered. Previous presentational experience would be of distinct advantage to assist with client meetings and new business development activities. Able to demonstrate a numerical aptitude evidenced by work related experience or academic achievements as listed below. Previous project management experience would be required to perform pension administration project-based work. IT proficient, Microsoft Word, Excel, Outlook & PowerPoint. Training, education & qualification Educated to a minimum of A Level or Degree or equivalent standard. Ideally a minimum of three C grades or above at A Level or equivalent qualification. Strong Maths and English GCSE or equivalent qualification - minimum grade B. Significant progression within a relevant pension's qualification e.g. CPC/QPA/DPC/RPC/APMI (or applicants deemed 'qualified by experience' would be considered). Skills, abilities & personal qualities Critical criteria: A self-motivated approach to professional and personal development. Able to listen and follow instructions, procedures and assimilate information quickly in a consistent and accurate manner. Equally comfortable in providing instructions to other members of the team to ensure consistent, accurate work is delivered. Involvement in informal mentoring and management of more junior staff. Able to proactively take ownership and responsibility for own workload. Enthusiastic, positive and flexible approach to work. Effective interpersonal abilities, able to forge strong working relationships with colleagues and clients A high degree of accuracy and attention to detail is required in order to perform their duties both numerical and written. Confident communicator, able to communicate effectively, professionally and concisely in writing, face to face and/or over the telephone. Able to work as part of a multi-disciplined team. Good analytical and problem-solving skills, capable of anticipating, resolving and owning problems to resolution. Able to recognise the need for a customer focused approach to their service delivery both in terms of quality and exceeding customer expectations.