Pension Administrator

LGBT Great; Birmingham; Hybrid; GBP 32,000 - 44,000; Full time

Benefits offered by this job

Competitive bonus

Life assurance

Income protection

Private medical insurance

Pension matched contributions

25 days + 2-3 leave increments

Flexible benefits programme

Job summary

LGBT Great is seeking a Pension Administrator for our Birmingham office on a permanent, full-time basis with hybrid working arrangements. You will contribute to preparing pension calculations, maintaining member records and liaising with clients, members and advisers.

The role requires knowledge of DB and DC schemes, relevant financial services experience, and a strong eye for accuracy within pension administration. Competitive benefits and a clear progression path are offered.

Qualifications

• In-depth knowledge of both DB and DC occupational pension schemes.
• GCSE Grade 5 or C in Maths and English are essential.
• Experience in Financial Services or DC/DB pension administration is required.

Responsibilities

• Prepare manual and computer generated benefit calculations and related correspondence.
• Maintain the member database and prepare computer generated benefit calculations and related correspondence.
• Communicate with clients, their members and advisers.
• Carry out cash handling transactions with banks/investment managers.
• Process and check client pensioner payrolls, including net pay calculations and year-end returns.
• Check work of team members for accuracy and compliance with procedures and legislation.

Education

GCSE 5/C in Maths & English

Tools

Shared Workspace (GMP Reconciliation)

Job description

Pension Administrator United Kingdom and 3 more 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.

Join us at a genuinely exciting moment for pension administration. As part of the rapidly growing Howden employee benefits business, opportunities for development have never been stronger. We are investing in our people, our teams and our operating model, creating clear routes for progression and long rewarding careers.

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

• Minimum of GCSE Grade "5" or "C" in Maths and English are essential

• Relevant Financial Services experience or a background in DC or DB pension administration would be a requirement

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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