Pensions Administrator (Bulk Purchase Annuities)

Equiniti; Crawley; Hybrid; GBP 24,000 - 30,000; Full time

Benefits offered by this job

Pension plan with up to 10% matched

Employee Assistance Programme

Life assurance 4x salary

Employee discounts

Flexible benefits plan

Holiday allowance: 29 days + BHs

Volunteer days

Learning & development

Job summary

Equiniti is recruiting a Pensions Administrator to join a team delivering Bulk Purchase Annuity services to clients and customers. You should have at least 1 year in the pensions industry, ideally focused on BPA and/or Defined Benefit Pension Scheme Administration.

You will perform buy-in/buy-out administration, ensure accurate calculations, and maintain strong stakeholder relationships while delivering quality customer service.

Qualifications

• Minimum of 1 year in the pensions industry, ideally BPA or Defined Benefit Pension Scheme Administration.
• Experience delivering administration services to members and clients.
• Ability to interpret Trustee movements and pension calculations.

Responsibilities

• Provide buy-in and buy-out administration services to customers.
• Keep member experience at the heart of all member transactions.
• Interpret and apply Trustee movements during buy-in administration.
• Complete and check casework and provide feedback.
• Respond to customer enquiries (oral and written).
• Collate and escalate Trustee and client enquiries (oral and written).
• Draft non-standard correspondence responding to inquiries.
• Analyse data and produce routine reports.
• Perform and review pension calculations including manual calculations.
• Contribute to ad-hoc projects as needed by Team Leader.

Skills

Attention to detail

Strong communication

Customer service

Relationship building

Numeracy

Literacy

Quality/ Timely delivery

Job description

Management Level H 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 a minimum of 1 years’ experience in the pensions industry, ideally in the area of Bulk Purchase Annuities and/or Defined Benefit Pension Scheme Administration.

Core Duties/Responsibilities

• 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

• 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.

Equal Opportunity Statement

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.

Equiniti is a global fintech that connects the future of capital, communications, and governance, building trust and confidence in every market we serve. With more than 5,000 employees supporting over 20 million shareholders and 15,000 organizations worldwide, our mission is to digitize and modernize every aspect of shareholder interaction. Equiniti is uniquely positioned as the only global technology partner serving both investor relations and public relations professionals, creating a powerful platform at the intersection of reputation, disclosure, and engagement.