Pension Payroll Administrator

Adaptable Recruitment; Liverpool; On-site; GBP 20,000 - 34,000; Full time

Benefits offered by this job

25 days holiday

Bank Holiday

Private Medical after a qualifying p…

Death in service benefit (4 x salary)

Job summary

Adaptable Recruitment are recruiting an experienced Pension Payroll Administrator for a Liverpool City Centre business. The role covers processing regular and ad-hoc pension payrolls, applying PAYE tax codes, RTI submissions, and year-end reconciliations to ensure accurate and compliant pension payroll services.

You will support members, advisers and third parties, maintain accurate records, and contribute to service delivery reporting while working within a regulated financial services

Qualifications

• Strong understanding of PAYE and pension taxation.
• Knowledge of RTI submissions and HMRC requirements.
• High level of accuracy and attention to detail.
• Ability to manage multiple payroll cycles and deadlines.

Responsibilities

• Process regular and ad-hoc pension payrolls (monthly, quarterly, annual).
• Calculate and process pension income payments, tax deductions, lump sums, drawdown payments and death benefits.
• Ensure payments are authorised and released within agreed SLAs.
• Apply PAYE tax codes and submit RTI reports accurately and on time.
• Maintain pension legislation compliance and internal controls.
• Respond to member/adviser queries and provide clear explanations of tax calculations.

Skills

PAYE knowledge

Pension tax

RTI submissions

HMRC rules

Multi payroll cycles

Attention to detail

Communication

Tools

Pension platforms

Job description

Adaptable Recruitment are excited to be working with a thriving business based in Liverpool City Centre who is looking to recruit an experienced Pension Payroll Administrator to join their vibrant team.

Salary and Benefits

Up to GBP34000 per annum 25 days holiday + Bank Holiday Private Medical after a qualifying period 4 x salary death in service benefit

Job Duties and Responsibilities

Payroll Processing

• Process regular and ad-hoc pension payrolls (monthly, quarterly, annual)
• Calculate and process:
  • Pension income payments
  • Tax deductions (PAYE)
  • Lump sums, drawdown payments, and death benefits
• Ensure all payments are authorised and released within agreed SLAs

Tax & Compliance

• Apply PAYE tax codes in line with requirements
• Submit Real Time Information (RTI) reports accurately and on time
• Process P45s, P60s, and year-end tax reconciliations
• Maintain compliance with pension legislation and internal controls

Member & Adviser Support

• Respond to member, IFA, and third-party queries relating to payroll and payments
• Provide clear, accurate explanations of tax and payment calculations
• Support vulnerable customers in line with Consumer Duty expectations

Systems & Data Management

• Maintain accurate member records across payroll and administration systems
• Update tax codes, bank details, and payment instructions
• Support system testing, upgrades, and process improvements

Continuous Improvement

• Identify opportunities to improve payroll processes, controls, and efficiency
• Support automation and standardisation initiatives
• Contribute to operational KPIs and service delivery reporting

Key Skills & Experience

Essential

• Strong understanding of PAYE and pension taxation
• Knowledge of RTI submissions and HMRC requirements
• High level of accuracy and attention to detail
• Ability to manage multiple payroll cycles and deadlines

Desirable

• Experience with pension administration platforms
• Understanding of drawdown and complex benefit payments
• Experience in a regulated financial services environment
• Experience in pension payroll administration

Competencies

• Strong organisational and time management skills
• Analytical and problem-solving ability
• Clear and professional communication
• Customer-focused mindset
• Ability to work independently and as part of a team