Pensions Administrator

Equiniti; Crawley; On-site; GBP 35,000 - 45,000; Full time

Job summary

A leading financial services provider in the UK is looking for a Pensions Administrator to join their growing team. The role will involve providing administration services for Bulk Purchase Annuities, resolving customer inquiries, and performing pension calculations. Candidates should have relevant experience in the pensions industry, excellent attention to detail, and strong communication skills. This position offers a supportive environment and various employee benefits, including a pension plan, health and wellbeing support, and opportunities for learning and development.

Benefits

Pension matching up to 10%

Health and Wellbeing support

Employee discounts

Flexible Benefits Plan

Generous holiday allowance

Investment in learning and development

Qualifications

• Prior experience in the pensions industry, especially with Bulk Purchase Annuities is preferred.
• Knowledge of Defined Benefit Pension Scheme Administration is necessary.
• Capable of interpreting and applying Trustee membership movements.

Responsibilities

• Provide administration services for buy in and buy out.
• Resolve customer enquiries both orally and in writing.
• Perform pension calculations including manual calculations.
• Collate and analyse data to produce routine reports.

Skills

Attention to detail

Strong communication skills

Customer service orientation

Numeracy skills

Literacy skills

Job description

EQ Retirement Solutions is transforming the retirement and pensions markets with leading administration and technology solutions. With over 1200 employees globally, 189 years of knowledge and 11 million pension scheme members and policyholders, we are here to help people plan for a confident financial future by delivering innovative, reliable and customer-focused retirement services. Our teams are driven by a shared commitment to excellence, collaboration and making a real impact to the lives of our clients and customers.

Role Summary

EQ is seeking a Pensions Administrator to work within a new team responsible for delivering Bulk Purchase Annuity (BPA) services to its Clients and Customers. You should have prior experience in the pensions industry, ideally in the area of Bulk Purchase Annuities and / or Defined Benefit Pension Scheme Administration.

Core Duties / Responsibilities

The successful candidate will be responsible for the following :

Provide, both buy in and buy out, administration services to customers, working to agreed targets

Putting the member experience at the heart of everything member transaction we lead upon

Interpreting and applying Trustee membership movements to the insured population during buy in administration

To complete / check casework and provide feedback

Resolving customer enquiries (oral and written)

Collating and escalating Trustee and client enquiries (oral and written)

Drafting of non-standard correspondence in response to customer and client enquiries

Collating and analysing data and produces routine reports

Performing and issuing pension calculations including manual calculations

Checking and reviewing Trustee's pension calculation during buy in administration

Carrying out projects and ad-hoc activities, as determined by your Team Leader

The successful candidate will demonstrate the following experience skills and behaviours

Build and maintain relationships with internal stakeholders, Trustee administrators and client stakeholders

Skills, Capabilities and Attributes

The successful candidate will demonstrate the following experience, skills and behaviours :

Excellent attention to detail and capable of following defined processes and procedures

Strong communication skills

Strong desire to deliver exceptional customer service

The ability to develop positive and productive working relationships

Computer literate with a willingness to learn a variety of systems

• Strong numeracy and literacy skills

Previous experience of Defined Benefits Pensions is preferred

Knowledge of Bulk Purchase Annuities is desirable

Proven track record of quality, timely delivery

What We Offer

Save For Your Future - Equiniti Pension Plan; Equiniti matches your pension contributions up to 10%

Health and Wellbeing - Employee Assistance Programme : counselling, legal & wellbeing support for colleagues and their households. Life assurance cover at 4x salary with the ability to purchase enhance cover.

Employee discounts - Discounts and cashback at your favourite high street stores through our EQ Wins Platform.

Flexible Benefits - The ability to purchase a wide variety of benefits through our flex plan; gadgets, travel insurance, will writing, holiday trading and more.

Time Off - Typically 29 days holiday + bank holidays. 2 volunteer days to get involved with a charity of your choosing.

Winning together - Equiniti ICON award vouchers; recognising the individuals going above and beyond to help the business succeed.

Learning & Development - Investment in LinkedIn Learning for all colleagues.

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

Please note any offer of employment is subject to satisfactory pre-employment screening checks. These consist of 5 year activity & GAP verification, DBS or Access NI, Credit, Sanctions & CIFAS checks