DC Pensions Specialist - Data & Payroll Ops (Hybrid, London)

Lorien

Greater London

Hybrid

GBP 40,000 - 64,000

Full time

10 days ago

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Benefits offered by this job

Hybrid working
Umbrella payroll assignment

Job summary

Lorien in London is hiring a Pensions Specialist to provide operational pension support and contribute to a major pension transition project. The role focuses on monthly processing, data reconciliation, employee queries and annual pension activities across multiple group entities.

The candidate should have strong Defined Contribution pensions experience, excel and data analysis skills, and a solid understanding of pension taxation and payroll processes.

Qualifications

  • Several years' experience within the Defined Contribution (DC) pensions industry.
  • Strong practical knowledge of pensions administration and pension processes.
  • Working knowledge of UK pension tax rules.
  • Experience with pension contributions, payroll processes and data reconciliation.
  • Excellent Microsoft Excel skills, including formulas, calculations, reconciliation and data manipulation.

Responsibilities

  • Manage the monthly pension contribution process, including pre-commit and post-commit payroll activities across multiple Group entities.
  • Complete pension file reconciliations, investigating and resolving data or contribution discrepancies.
  • Liaise with Payroll, HR and pension providers to resolve queries and implement required updates.
  • Manage simple and complex pension queries from employees and former employees via pension and HR support channels.
  • Support annual pension activities including pensionable salary reviews, annual data renewals and bonus waiver processes, covering calculations, communications and provider payments.
  • Provide additional operational support during high-volume and business-critical pension periods.
  • Support the pension transition project, taking ownership of the Data Workstream and working with the payroll provider to reconfigure pension reports.
  • Coordinate the testing and rollout of pension reporting across seven Group companies.
  • Review pension data and reports, identify issues and coordinate resolution with relevant stakeholders.
  • Maintain and update pension procedures, controls and internal documentation following transition activities.

Skills

DC pensions experience
Pensions administration
Data reconciliation
Payroll knowledge
Excel skills
Data analysis
Stakeholder management
Pension reporting

Tools

Microsoft Excel

Job description

Lorien in London is hiring a Pensions Specialist to provide operational pension support and contribute to a major pension transition project. The role focuses on monthly processing, data reconciliation, employee queries and annual pension activities across multiple group entities.

The candidate should have strong Defined Contribution pensions experience, excel and data analysis skills, and a solid understanding of pension taxation and payroll processes.

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