Pension Administrator

Barnett Waddingham; Birmingham; Hybrid; GBP 28,000 - 36,000; Full time

Benefits offered by this job

Annual bonus

Life cover 4x

Income protection

Private medical

Pension match

Leave 25 days

Flexible benefits

Career development

Job summary

Barnett Waddingham in Birmingham is seeking a Pension Administrator to join our growing team on a permanent, full-time basis with hybrid working. You will prepare pension calculations and maintain client records, while communicating with clients, members and advisers.

The role requires deep knowledge of DB and DC pension schemes and offers a discretionary annual bonus, life cover, income protection, private medical insurance and a strong pension scheme. 25 days annual leave and flexible benefits.

Qualifications

• In depth knowledge of both DB and DC occupational pension schemes.

Responsibilities

• Prepare manual and computer generated benefit calculations and related correspondence.
• Maintain the member database; prepare computer generated benefit calculations and related correspondence.
• Communicate with clients, their members and advisers.
• Carry out and check cash handling transactions, liaising with the bank and investment managers as appropriate.
• Process and check client pensioner payrolls, including calculation of net pay, arranging payments, liaison with tax offices and preparation of year end returns.
• Check work of other team members, ensuring accuracy and compliance with procedures and legislation, as agreed.
• Assist with project based work as agreed from time to time.
• Have working knowledge of Shared Workspace (specific for GMP Reconciliation).
• Demonstrate understanding of Scheme Reconciliation Service and how to use this for the benefit of clients (specific for GMP Reconciliation).

Skills

DB pensions

DC pensions

Job description

Pension Administrator Birmingham, United Kingdom Be the First to Apply

We have an exciting new opportunity for a Pension Administrator to join our growing team. This is a permanent, full time role based in our Birmingham office, working on a hybrid basis.

Responsibilities

• Prepare manual and computer generated benefit calculations and related correspondence
• Maintain the member database; prepare computer generated benefit calculations and related correspondence
• Communicate with clients, their members and advisers
• Carry out and check cash handling transactions, liaising with the bank and investment managers as appropriate
• Process and check client pensioner payrolls, including calculation of net pay, arranging payments, liaison with tax offices and preparation of year end returns
• Check work of other team members, ensuring accuracy and compliance with procedures and legislation, as agreed
• Assist with project based work as agreed from time to time
• Have working knowledge of Shared Workspace (specific for GMP Reconciliation)
• Demonstrate understanding of Scheme Reconciliation Service and how to use this for the benefit of clients (specific for GMP Reconciliation)

We would love to hear from you if you have:

• In depth knowledge of both DB and DC occupational pension schemes

What’s in it for you:

• Competitive discretionary annual bonus.
• Core benefits including life assurance of four times salary, income protection of 75% of salary for up to five years, and single private medical insurance cover.
• A generous pension scheme with 5% employee contributions matched by a 10% employer contribution.
• 25 days’ annual leave, increasing to 27 days after five years’ service.
• Access to the Howden flexible benefits programme, offering a wide range of benefits and discounts to support your wellbeing, family life and lifestyle.
• The opportunity to be part of a growing global business where career development, collaboration and innovation are encouraged.

Accessibility

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