Pensions Administrator - Defined Benefit, in house

Eden Scott

Pensions Administrator - Defined Benefit, in house

£26000 - £32300 per annum + benefits, bonus , flexi working

Eden Scott, Halbeath, Fife

  • Full time
  • Permanent

Posted 1 week ago, 2 Sep | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 160777

Full Job Description

Our exclusive national client require additional defined benefit pensions support within their Fife office. This is a fantastic opportunity to join their close knit in house pensions team during a period of growth. There is also the option to be involved in rectifiation work and projects.

In the role you will provide an accurate, reliable and a high standard of pensions administration service for Members and Trustees of the in-house defined benefit pension schemes.

Key Responsibilities

  • Calculation and payment of scheme benefits ensuring compliance with legislative and pension scheme requirements. This includes early leaver calculations, transfer values, the calculation and payment of benefits for member retiring normal/early/late or on ill-health retirement and deaths
  • Ensuring work is completed to agreed Service Level Agreements
  • Maintaining the Pensions Administration system
  • Dealing with enquires from members, trustees and the employer
  • Liaising with Payroll/HR departments and external companies
  • Assisting with ad-hoc project based work

Qualification/Experience

  • Defined Benefit Administration experience from cradle to grave
  • Ideally experience of using Profund, with a good understanding of Word and Excel
  • Relevant Pensions industry qualification, such as QPA would be beneficial
  • Excellent communication skills, both written and verbal
  • Strong attention to detail and commitment to provide ongoing quality
  • Good knowledge of UK pensions legislation
  • Team player, who is able to work to tight deadlines
  • Able to prioritise and organise workload

In return there is a highly competitive salary on offer, benefits, flexible working as an option with an early finish on a Friday and returning to blended working when restrictions allow. Initially the role is for 24 months due to the nature of the contract but a strong likelihood of permanent.

You will be joining a professional warm and supportive environment and have a varied role - really seeing the benefit added at the end of each day.

This role is critical to the team and our client is eager to commence interviews as soon as possible. Please apply now or contact Alison for a confidential discussion.