Pensions Process Specialist

ZipRecruiter; Sutton; Hybrid; CAD 50,000 - 70,000; Full time

Job summary

A leading company is seeking a Pensions Process Specialist to oversee payroll cycles and manage data quality within a specialized pensions division. This role requires organisation, experience in pensions administration, and a commitment to ongoing development in a supportive environment.

Benefits

Free onsite gym

Parking available

Great development opportunities

Qualifications

• Proven administration experience with SIPP, DC or DB pension schemes.
• Understanding of HMRC rules regarding pension transfers & benefit payments.

Responsibilities

• Organise & oversee the regular pension payroll cycles.
• Manage daily process control & data quality reports.
• Execute the monthly PAYE payment to HMRC.

Skills

Organisational skills

Attention to detail

Communication

Multi-tasking

MS Office

Job description

Job Description

• Job Title/Location: Pensions Process Specialist, Surrey & WFH
• Salary: Negotiable with average bonus c. 6% (£2,000) + pension contribution to 13% (£4,150)
• Office/WFH: 3 days office + 2 days WFH
• Requirements: Pensions administration experience is essential, ideally with a background in either SIPP, DC or DB schemes
• Role Snapshot: Overseeing pension payroll cycles, managing daily process control & data quality reports, executing the monthly PAYE payment to HMRC

A chance for those with pensions administration experience to take a change in direction and add to your skillset within a business known for their training & development.

The Company/Team: This is a perm role within a team of 4 people and part of a much bigger SIPP and pensions division. This area of the business processes the more complex elements of SIPP administration including benefit calculations/payment, divorce cases, QROPS transfers and payroll management.

The Role: The first few week’s in this Pensions Process Specialist role will focus on training, especially on the payroll elements of the post as our client does not expect that experience. Your main responsibilities will include:

• Organise & oversee the regular pension payroll cycles and all other related work
• Manage daily process control & data quality reports, monitoring & reconciliation
• Oversee & execute the monthly PAYE payment to HMRC
• Support tax or other operational payroll processing queries
• Maintain/update team procedures, process flows & quick guides where any process changes or improvements are made
• Handle platform incidents relating to Benefits processes including payroll
• Case management of technical/complex instructions to ensure the best possible client outcome

Skills / Experience Required: For this Pensions Process Specialist post, you must have proven administration experience with either SIPP, DC or DB pension schemes, ideally with an understanding of HMRC rules which govern pension transfers & benefit payments. You should be well organised, able to multi-task, good attention to detail as well as a strong communicator and confident with MS Office.

Additional Information: The salary for the Pensions Process Specialist post is negotiable with average bonus c. 6% (£2,000) + pension contribution from the company to 13% (£4,150). There is an excellent benefits package inc. free onsite gym & parking with great opportunities to develop. Please apply below.

The Pensions Process Specialist role is only one of many vacancies we are handling. ARC is a specialist within Financial Services recruitment and the Consultant handling this role has over 30 years of experience in this field. Areas of focus include administration, compliance, business analysis, customer service, project/programme management, paraplanners, sales support, marketing, underwriters and group risk/employee benefits related roles. Check the website and feel free to call Darren Snell at any time.