Senior Pension Administrator

Barnett Waddingham; Glasgow; Hybrid; GBP 42,000 - 52,000; Full time

Benefits offered by this job

Competitive discretionary bonus

Generous pension scheme (8%)

Funded training and development

Private medical cover

Life assurance

Group income protection

30 days holiday + holiday trading

Flexible working

Job summary

Barnett Waddingham is seeking a Senior Pension Administrator to join our growing team on a permanent, full-time basis. The role supports hybrid work options across the UK offices, including Glasgow.

You will handle complex benefit calculations and liaise with regulatory bodies as part of a busy pensions operation. The ideal candidate will have in-depth knowledge of DB and DC schemes, a background in pension administration, and a willingness to progress professional qualifications.

Qualifications

• In depth knowledge of both DB and DC occupational pension schemes.
• Proven experience in pension administration and MS Office proficiency.
• Willingness to progress towards a professional qualification; PMI preferred but not essential.
• Financial Services experience in pension administration is desirable.

Responsibilities

• Thoroughly understand trust deeds and rules for each scheme.
• Carry out complex benefit calculations and handle pension queries.
• Check work for accuracy and compliance with rules, procedures and legislation.
• Authorise benefit payments and oversee pensioner payrolls.
• Coordinate with authorities such as DWP, HMRC and The Pensions Regulator.
• Monitor cashflow and arrange investments or disinvestments as needed.

Skills

Pension administration

DB/DC pensions

Pension qualification progress

Education

PMI qualifications (advantage)

Tools

Microsoft Office

Job description

Senior Pension Administrator United Kingdom

We have an exciting new opportunity for a Senior Pension Administrator to join our growing team.

This is a permanent, full-time role that could be based in our Bristol, Cheltenham, Birmingham or Glasgow offices, working on a hybrid basis.

Join us at a genuinely exciting moment for pension administration within Barnett Waddingham.

As part of the rapidly growing Howden employee benefits business, opportunities for development have never been stronger. We are investing in our people, our teams and our operating model, creating clear routes for progression and long rewarding careers.

A snapshot of your day:

• Has a thorough understanding of the trust deed and rules for each
• Carries out complex benefit calculations and tasks and deals with more complex pension queries
• Checks work of other team members, ensuring accuracy and compliance with scheme rules, internal procedures and controls and legislation
• Authorises benefit payments
• Checks pensioner payrolls, including calculation of net pay, arranges payments and preparation of year end returns
• Liaises with authorities including DWP, HMRC, The Pensions Regulator and the Information Commissioner
• Monitors scheme cashflow requirements and arranges investments / disinvestments as required

We would like to hear from you if you have:

• In depth knowledge of both DB and DC occupational pension schemes
• A pensions qualification progress with other relevant PMI qualifications would be an advantage.
• A willingness to make progress towards a professional qualification would be a benefit; however proven experience in the role is more desirable than other academic achievement.
• Relevant Financial Services experience or a background in DC or DB pension administration would be a requirement.
• A strong understanding of Microsoft Office programmes, in particular Excel, Word and Outlook

Benefits:

• Competitive discretionary annual bonus and salary review
• Generous pension scheme (we contribute 8%)
• Funded training and professional development
• Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
• A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance - we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts
• Happy to talk flexible working
• We are a Disability Confident Employer

If you require reasonable adjustments or want more information on accessibility,