Senior Pension Administrator

LGBT Great; Leeds; Hybrid; GBP 42,000 - 54,000; Full time

Benefits offered by this job

Annual bonus

Pension scheme

Private medical cover

Life assurance

Group income protection

Holiday trading, up to 30 days

Job summary

Barnett Waddingham is seeking a Senior Pension Administrator to join the growing team on a permanent, full-time basis with hybrid working in Liverpool or Leeds.

Responsibilities include complex benefit calculations, checking accuracy, authorising payments, payroll checks, and liaising with DWP, HMRC, and other regulators. There is a strong emphasis on knowledge of DB and DC schemes and PPF projects.

Qualifications

• In depth knowledge of DB and DC pension schemes.
• Understanding of PPF operations and compensation types.
• Experience with PPF assessment periods and related projects.

Responsibilities

• Understand trust deeds and rules for each scheme.
• Perform complex benefit calculations and handle pension queries.
• Check colleagues' work for accuracy and compliance.
• Authorize benefit payments.
• Check pensioner payrolls and year-end returns.
• Liaise with DWP, HMRC, The Pensions Regulator and ICO.
• Monitor scheme cashflows and arrange investments/disinvestments.
• Support team leader and train junior members.

Skills

Pension administration

DB & DC schemes

Complex calculations

Regulatory knowledge

Team training

Job description

We have an exciting new opportunity for a Senior Pension Administrator to join our growing team. This is a permanent, full time role that can be based in our Liverpool or Leeds office, 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.

Responsibilities:

• Has a thorough understanding of the trust deed and rules for each scheme

• 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
• Supporting team leader and training junior team members

We would love to hear from you if you have:

• In depth knowledge of both DB and DC occupational pension schemes

• Has a clear understanding of how the PPF operates and the nature and type of compensation

• Has a thorough understanding of the stages involved and projects to be completed in relation to the PPF assessment period

• Has a good understanding of the stages involved and projects to be completed in relation to the PPF assessment period

What's in it for you:

• Competitive discretionary annual bonus

• Generous pension scheme

• Core benefits for you 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 (and your family) 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

• For a full list of benefits, please click here

Happy to talk flexible working

Accessibility

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here

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