Pensions Administrator

2i Recruit Ltd; Godalming; On-site; GBP 25,000 - 35,000; Full time

Benefits offered by this job

Onsite parking

Flexible working

Personal development & study leave

Life cover

Pension scheme

Private healthcare

Job summary

2i Recruit Ltd invites applications for a Pensions Administrator in Godalming. You will support pension consultants, prepare documentation, and collate information from prior schemes while drafting initial analyses.

A strong communicator with good organisational skills will excel in this role, which offers exam guidance and study leave to help you progress. The role emphasizes accuracy, task management, and collaboration with consultants.

Qualifications

• Strong multitasking abilities with excellent workload management.
• Background in finance or pensions preferred.
• Excellent organisational skills and the ability to delegate effectively.
• Confident and clear communicator, both written and verbal.
• A team player with a proactive approach.
• Willingness to pursue CII qualification or similar certification.

Responsibilities

• Prepare documentation for consultants to present to clients.
• Collate information from prior pension schemes and draft initial analysis.
• Set up scheme current/deposit accounts as required.
• Obtain transfer value quotes and manage transfers.
• Draft initial actuarial reports and prepare submissions for Inland Revenue approval.
• Follow up with the Inland Revenue to ensure timely approval.
• Complete administrative tasks on the establishment checklist.
• Attend to scheme registration and assist with scheme reviews.
• Draft client letters and reminders for scheme reviews.
• Assist consultants in reminding clients about contribution payments.
• Handle year-end administrative tasks, including life cover arrangements.
• Generate standard client correspondence with administrative staff.
• Ensure timely completion of all administrative tasks by managing schedules.

Skills

Multitasking

Numeracy

Organisational skills

Communication

Team player

Willingness to pursue CII

Tools

Microsoft Office

Job description

We are excited to offer an excellent opportunity for a Pensions Administrator to join our client’s friendly and structured team in Godalming. The role presents significant career development prospects, with ongoing support, including exam guidance and study leave. As a Pensions Administrator, you will be involved in a variety of tasks, including preparing documentation, collaborating information and supporting pension consultants. The ideal candidate will be organised, analytical and a strong communicator.

Company Benefits:

• Onsite parking
• Flexible working
• Personal development- help developing your role, exam support including guidance, study leave and the cost of study
• Accrue additional holiday for extra hours worked
• Life cover, Pension scheme and Private healthcare

Key Responsibilities:

• Prepare documentation for consultants to present to clients
• Collate information from prior pension schemes and draft initial analysis of clients' other pension arrangements
• Set up scheme current/deposit accounts as required
• Obtain transfer value quotes and manage transfers agreed by the consultant
• Draft initial actuarial reports and prepare submissions for Inland Revenue approval
• Follow up with the Inland Revenue to ensure timely approval
• Complete all administrative tasks on the establishment checklist
• Attend to scheme registration and assist with scheme reviews
• Draft client letters and reminders for scheme reviews, ensuring timely annual reviews or as otherwise agreed
• Assist consultants in reminding clients about contribution payments and track variations in contribution levels
• Handle year-end administrative tasks, including life cover arrangements
• Generate standard client correspondence with the assistance of administrative staff
• Ensure timely completion of all administrative tasks by managing schedules and delegating as necessary

Investment/Borrowing Transactions:

• Assisting Consultants by researching and/or obtaining quotations for investments from the company’s list of investments.
• Preparing and processing paperwork for deposits, stock market investment, property and other investments.
• Preparing loan documentation.
• Calculating loan interest when due, billing it where necessary, and monitoring receipt thereof.
• Liaising with Consultants to monitor closely all investment/loan/property transactions parties to ensure no breach of limits/legal requirements.
• Liaising with Consultants to monitor closely all transactions with members and/or connected parties to ensure no breach of legal requirements.

Experience and Skills Requirements:

• Strong multitasking abilities with excellent workload management as well as proficiency in Microsoft Office and strong numeracy skills
• Background in finance or pensions preferred
• Excellent organisational skills and the ability to delegate effectively
• Confident and clear communicator, both written and verbal
• A team player with a proactive approach
• Willingness to pursue CII qualification or similar certification