Pensions Associate

Trafalgar House Pensions Administration; Greater London; On-site; GBP 25,000 - 35,000; Full time

Job summary

Trafalgar House Pensions Administration is looking for a meticulous pensions administrator to contribute to the department’s goals by processing casework accurately and on time.

You will handle membership administration, respond to member queries, prepare quotations when needed, and set up retirements for payroll purposes.

The role requires a good grasp of MS Office, pension legislation, and GMP/GMP concepts, with a proactive, team oriented approach.

Qualifications

• Computer literate with MS Office proficiency.
• DB/DC experience is essential.
• Ability to complete manual calculations accurately.
• Strong team player with collaborative mindset.
• Knowledge of current pension legislation and upcoming changes.

Responsibilities

• Provide a service that is First Class by clients within agreed measures and timescales.
• Process all aspects of membership administration.
• Be familiar with ISO 27001 policies and how to access them.
• Produce accurate written correspondence by deadlines.
• Respond to members' telephone queries in writing or verbally.
• Provide quotations to members accurately and by deadlines.
• Set up and process forthcoming retirements for payroll purposes.
• Understand the principles behind commutation factors and GMP calculations.
• Understand GMP context and awareness of a Contracted Out scheme.
• Undertake ad hoc administrative tasks as required.

Skills

MS Office

DB/DC experience

Manual calculations

Team player

Pension legislation knowledge

Tools

IntelliPen

Job description

MAIN PURPOSE OF THE ROLE

To contribute to the goals of the department primarily through the processing of casework in an accurate and timely manner.

Key Responsibilities

• Provide a service that is considered to be "First Class" by clients and in accordance with agreed measures and timescales.
• Process all aspects of membership administration.
• Knowledge of policies and process of ISO 27001 and where they can be accessed and followed.
• Produce accurate written correspondence to deadlines.
• Respond to members' telephone queries either in writing or verbally.
• Provide members with quotations as requested, accurately and to agreed deadlines.
• Set up and process forthcoming retirements for payroll purposes.
• Understand the principles behind commutation factors and calculations.
• Understand the context and acknowledge of Guaranteed Minimum Pension (GMP) from first principles; also have an awareness of a Contracted Out scheme.
• Undertake periodical and ad hoc administrative tasks as required.

PROFESSIONAL QUALITIES

Essential

• Computer literate. Experienced in the use of MS Office.
• DB/DC experience.
• Ability to complete manual calculations accurately.
• Strong team player.
• Knowledge and understanding of current pension legislation and an appreciation of upcoming changes.

Desirable

• PMI Qualified (or studying).
• Experience of managing projects.
• Prior use of the IntelliPen administration system.

PERSONAL QUALITIES

Well organised, with ability to deal with multiple priorities at the same time and a flexible attitude to accommodate change.

Excellent verbal and written communication skill

REPORTING LINE

Lead Pensions Associate