Pensions Administrator

LGBT Great; Greater London; Hybrid; GBP 32,000 - 46,000; Full time

Benefits offered by this job

Hybrid working

Professional study support

Wellbeing program

LGBTQ+ inclusive workplace

Job summary

LCP is seeking pension administrators with Defined Benefit (DB) experience to join our actuarial and analytics consultancy. You will work on a portfolio of DB clients, expanding your technical knowledge while taking on greater responsibility.

The role offers progression through a structured career path and a full training programme, with hybrid working and a comprehensive benefits package. You’ll be part of a supportive team focused on client service, with opportunities to mentor colleagues and

Qualifications

• Minimum 3 years UK DB pensions administration experience.
• Educated to A-level or degree level or equivalent.
• Progress towards relevant training courses and exams (APE and CPC).
• Awareness of external bodies such as PPF and tPR.

Responsibilities

• Broaden technical knowledge and expertise.
• Handle complex cases (divorce, large benefits, tax issues) while following procedures.
• Perform complex calculations and verify junior colleagues' work.
• Keep up to date with legislative changes affecting client communications and calculations.
• Be aware of scheme-specific conditions and client nuances.
• Contribute to efficiency drives and process improvements for clients.
• Draft complex non-standard letters and review others’ drafts.
• Mentor and train junior colleagues.

Skills

Pensions administration

Attention to detail

Team collaboration

Communication skills

Education

A-levels or degree

Pensions professional training (APE/CPC)

Job description

LCP is an award-winning actuarial and analytics consultancy providing advice on pensions, investments, employee benefits, insurance, health and energy.

We currently have exciting opportunities for pension administrators with DB experience to join our team.

You will be part of a team of committed professionals who give the client the best possible service. Working on a number of Defined Benefit clients leads to a great variety of work. As you develop you will take on more responsibility for the clients that you work on. For our people this leads to a real sense of client ownership and individual growth as you learn more about pensions in general.

This role requires you to be well‑organised, have an aptitude for figure work and be able to work as part of a team. There is an opportunity for progression with a structured career path and a full training programme will be provided.

What will you be doing?

• Continuing to broaden your technical knowledge and expertise
• Understanding the processes for complex cases such as divorce, members with large benefits and tax issues and complex death cases whilst ensuring that procedures are adhered to at all times
• Carrying out complex calculations as well as checking those carried out by more junior colleagues
• Keeping up to date with changes in legislation and highlighting any necessary changes that might be needed for your clients' communications, calculations or practices
• Showing awareness of special conditions for certain clients and what is scheme specific
• Being involved in efficiency drives for your clients, always looking for improvements and considering the best way to deliver a good service
• Getting involved in departmental initiatives and projects that benefit the department
• Drafting complex non‑standard letters where required and checking those drafted by others
• Mentoring and training more junior colleagues and much more!

What skills and experience do you need to demonstrate for this role?

• A minimum of 3 years UK DB pensions administration experience
• Educated to ‘A’ level, degree level or equivalent
• Making good progress towards the relevant training courses and subsequent exams in order to gain the
• Award in Pensions Essentials (APE) and the Certificate in Pensions Calculations (CPC)
• Awareness and an understanding of the role of relevant external bodies e.g. PPF, tPR
• Well organised and thorough, with excellent attention to detail
• Ability to work either alone and/or as part of a team with fluctuating workload also the ability to use own initiative
• Able to maintain high standard of professionalism at all times with and ability to demonstrate good organisational, analytical and communication skills
• Flexibility of hours worked/duties undertaken and keen to learn

What’s

Take a look at our and Career stories pages to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits

For you:

• Hybrid working (varies by role and department)
• Professional study support (where applicable)
• Access to our internal Wellbeing, LGBTQ+,

For your family:

• Life assurance, income

For your health:

• 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships, critical illness and dental insurance through our flexible benefits
• Eye care vouchers
• Cycle to work scheme
• Digital GP services

• Competitive pension scheme
• Discretionary bonus scheme
• High street discounts
• Season ticket loans

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - to discuss how we can support you with your application.

Recruitment agencies

LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs or candidate profiles from agencies who are not part of our current PSL. LCP only pay agency fees where we have a signed agreement in place, and the agency has been instructed by a member of our recruitment team to supply CVs via the Applicant Tracking System (ATS) for a legitimate, open vacancy. process is not adhered to, LCP reserve the right to contact these candidates directly and have discussions with them without paying any agency fees. We do not pay agency fees when speculative and unsolicited CVs or candidate profiles are submitted to any employee or Partner at LCP.