Pensions Administrator
Salary: Negotiable depending on experience
Location: Central Liverpool / Office based
Sector: Accounts & Finance / Wealth Management
Do you have Pensions Administration experience and are seeking a role within Financial Services? If so, please read on:
A highly regarded and well-established Wealth Management business based in the heart of Liverpool are looking to recruit an ambitious and career focused Pensions Administrator who has a keen interest in moving into financial services.
To be considered for this role, applicants will have a customer focussed attitude along with, strong written and verbal communication skills, excellent working knowledge of Microsoft Word & Excel, strong numerical, analytical, and problem-solving skills and the ability to work to tight deadlines.
The successful individual will be responsible for all aspects of pension administration. This includes processing new business applications, pension transfers, servicing requests, fee calculations, death benefits, monthly payroll and retirement benefits. Also responsible for ensuring a timely, pro-active and high-quality service is provided to clients at all times.
Core Responsibilities:
To create and maintain accurate pension scheme records.
Accurately process new business and monitor progress through to completion, monitoring receipt of funds and initial fees.
Banking and allocation of client money, ensuring FCA regulatory requirements are met.
Liaising with ceding pension scheme providers to obtain pension transfer monies, ensuring all relevant information is obtained.
Accurately process pension investment/disinvestment instructions relating to new business, additional investments, reallocations and money out transactions.
Deal with all pensions servicing activities eg employer contribution monitoring, group contribution processing, pensions on divorce etc.
Pension benefits processing eg annuity purchase, income drawdown, phased income drawdown, death cases.
Accurately processing monthly pension payroll.
Provide a timely, pro-active and high quality service to clients at all times.
Collating information for regulatory reporting.
Handling both written and telephone enquiries from clients, advisers and 3rd party service providers.
Identifying and reporting risks and breaches.
Processing complaints.
Liaise closely with other teams within Wealth at Work and with 3rd party service providers.
General administrative duties eg photocopying, scanning, filing.
Essential Skills & Experience Required:
A self-starter who can demonstrate good use of initiative, you will be flexible and adaptable with excellent communication skills coupled with accuracy and a high attention to detail in all aspects of service delivery.
Experience and knowledge of pension administration.
Strong knowledge of the regulatory requirements relating to pensions (including FCA, HMRC and The Pensions Regulator).
Excellent communication skills both written and verbal.
Strong analytical and numerical skills – able to analyse, evaluate and interpret data.
Proven time management skills with the ability to prioritise workloads and deal with urgent issues that arise.
Good working knowledge of Word, Excel, Outlook, etc.
Ability to work on own and as part of a team.
A background in dealing with pension payroll would be advantageous however is not essential as long as you have the willingness to learn and develop your knowledge.
Extensive benefits list, negotiable salary and the opportunity to study is available with this role
Please note this role is fully office based role.
Apply
To apply email Julie on julie@ppassociates-rec.co.uk or call 07710 099621
