Pensions Administrator

Lane Clark & Peacock; Winchester; Hybrid; GBP 32,000 - 42,000; Full time

Benefits offered by this job

Hybrid working

Professional study support

Wellbeing networks

Life assurance

Private medical insurance

Cycle to work scheme

Eye care vouchers

Season ticket loans

Job summary

Lane Clark & Peacock is seeking a Pensions Administrator with Defined Benefit experience. You will join a team of professionals delivering high-quality pension administration for DB clients, handling complex calculations and ensuring compliance with evolving legislation.

The role offers opportunities for progression, training, and a supportive, collaborative environment. The successful candidate will be well-organised, capable of managing fluctuating workloads, and able to work both

Qualifications

• Minimum of 3 years UK DB pensions administration experience.
• Educated to A level, degree level or equivalent.
• Progress towards the relevant training courses and exams to gain APE and CPC.
• Awareness of external bodies e.g. PPF, tPR.
• Well organised with excellent attention to detail.
• Ability to work alone and/or as part of a team with fluctuating workload.
• Maintain high standard of professionalism with strong organisational, analytical and communication skills.
• Flexibility of hours worked and willingness to learn.

Responsibilities

• Broaden technical knowledge and expertise.
• Handle complex DB cases including divorce, large benefits, tax issues while following procedures.
• Perform complex calculations and review work of junior colleagues.
• Stay updated on legislation changes affecting client communications and calculations.
• Be aware of scheme-specific conditions for certain clients.
• Contribute to efficiency drives and identify improvements in service delivery.
• Participate in departmental initiatives and projects.
• Draft and review complex non-standard letters.
• Mentor and train junior colleagues.

Skills

Pensions administration

Attention to detail

Teamwork

Analytical skills

Education

A levels / degree level or equivalent

APE and CPC (in progress)

Job description

Pensions Administrator

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.

Who are the pensions administration 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 in it for you?

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 package includes:

For you:

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

For your family:

• Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave

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

For your wealth:

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

For others:

• Volunteering opportunities

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)