Senior Pension Administrator

Barnett Waddingham; Leeds; On-site; GBP 30,000 - 40,000; Full time

Benefits offered by this job

Competitive discretionary annual bonus

Generous pension scheme

Private medical cover

Life assurance

Cycle to work scheme

Retailer discounts

Job summary

Barnett Waddingham is looking for a Senior Pension Administrator for a permanent, full-time role based in Liverpool or Leeds with hybrid working options. The role demands a comprehensive understanding of pension schemes and the ability to perform complex benefit calculations.

The successful candidate will liaise with authorities, monitor scheme cashflows, and train junior staff. The role offers a competitive annual bonus and generous benefits, including private medical cover and up to 30 days holiday per year.

Qualifications

• In-depth knowledge of both DB and DC occupational pension schemes.
• Clear understanding of how the PPF operates.
• Thorough understanding of PPF assessment projects.

Responsibilities

• Understand trust deed and rules for pension schemes.
• Carry out complex benefit calculations.
• Check work of team members for accuracy.
• Authorize benefit payments.
• Manage pensioner payroll calculations.
• Liaise with authorities like DWP and HMRC.
• Monitor cashflow requirements.
• Support team leader and train juniors.

Skills

Understanding of DB and DC pension schemes

Benefit calculations

Compliance and accuracy checking

Training junior team members

Job description

About the role

Senior Pension Administrator – permanent, full time role based in Liverpool or Leeds, working on a hybrid basis.

Flexible working arrangements are available.

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
• Supports team leader and trains junior team members

Qualifications

• In depth knowledge of both DB and DC occupational pension schemes
• Clear understanding of how the PPF operates and the nature and type of compensation
• Thorough understanding of the stages involved and projects to be completed in relation to the PPF assessment period
• Good understanding of the stages involved and projects to be completed in relation to the PPF assessment period

Benefits

• Competitive discretionary annual bonus
• Generous pension scheme
• Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
• Voluntary benefits: electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, sports allowance up to 50% of your gym/sports membership (up to £50 per month), travel insurance, paid volunteering, and a broad range of retailer discounts
• Full list of benefits available

Accessibility

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, contact us.