Senior Pension Administrator

TN United Kingdom; Manchester; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking Senior Pensions Administrators to join their dynamic team. This role offers the flexibility to work remotely or from regional offices, allowing you to balance your professional and personal life effectively. You will be responsible for managing a variety of pension schemes, ensuring compliance with client requirements while delivering exceptional service. Your expertise in pension administration and strong analytical skills will be crucial in supporting complex queries and calculations. Join a company that values diversity and innovation, and take your career to the next level!

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance (4x basic salary)

Income protection

Health cash plan or Private medical insurance

Paid volunteering days

Employee stock purchase plan

Discounted gym memberships

Season ticket loans

Family care backup

Qualifications

• Experience with occupational pension schemes including DB, DC, CARE, and Hybrid.
• Proven ability to carry out complex manual pension calculations.

Responsibilities

• Manage complex pension administration tasks and calculations accurately.
• Supervise junior pensions administrators and support the Principal Administrator.

Skills

Pensions Administration

Complex Manual Calculations

DB, DC, CARE, Hybrid Schemes

IT Literacy (Word, Excel)

Time Management

Education

QPA or PMI Qualification

Tools

Office Systems

Job description

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Client:

Location:

Manchester, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

01b381aea1c7

Job Views:

9

Posted:

24.04.2025

Expiry Date:

08.06.2025

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Job Description:

Overview

At Buck, we’re focused on helping our clients create a culture of well-being, centered around the evolution of each person’s health, wealth, and career. Leveraging strong client relationships with key decision makers, our teams deliver exceptional results that confidently push the envelope with unexpected solutions to help our clients accomplish their objectives faster and keep them ahead of the curve. Not surprisingly, we embrace inventive thinkers, who make original contributions to the team. We put people first — our people and our clients’ people, and our inclusive and welcoming culture celebrates diversity and individuality. Explore your next career move with Buck today!

About Buck: At Buck, we offer market leading Pensions Administration solutions to a wide portfolio of clients. We support all defined benefits (DB), defined contribution (DC), CARE and Hybrid pensions plan designs with compliant and certified forms, letters, notices, and statements. Our web-based and mobile-first platform provides participants with an enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library. Our integrated administration platform includes case management, document management, and ad-hoc reporting to provide administrative staff with the productivity and efficiency tools they need to get the job done.

How you'll make an impact

As a result of our continued business growth, we have an opportunity to recruit several Senior Pensions Administrators for our Pensions Outsourcing Practice. These roles offer excellent flexible working opportunity, including the option to work remotely or from any of our regional offices in Bristol, Manchester, Edinburgh or Ipswich.

As a Senior Administrator, you will be responsible for the administration of a combination of DB, DC and Hybrid pension schemes in accordance with our client’s requirements to the desired standards and deadlines. You will be used to supporting complex queries, manual calculations and be adept at checking and allocating work. Defined Contribution (DC) experience will be an advantage and progression with PMI qualifications is also desirable. You will supervise up to two trainee/junior pensions administrators and deputise for the Principal Pension Administrator when required.

Key Duties:

• Carry out complex pension administration tasks and calculations including treasury and payroll accurately and in accordance with internal processes and company policies, adhering to procedures and standards regarding work and conduct;
• Attend Trustee and ad hoc client meetings, including new business presentations as required;
• Manage pensioner payrolls, pension increases, and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;
• Assist team members as required and support the Principal administrator;
• Manage the investment of contributions;
• Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information is provided to the billing manager for invoicing in line with the service agreement;
• Manage unit reconciliations / lifestyle switches;

About You

• Strong experience working with different occupational pension schemes - DB, DC, CARE, Hybrid;
• Ideally QPA or PMI qualified or willing to study towards relevant qualifications;
• Proven experience carrying out complex manual pension calculations;
• Ability to process, collect, and input data and information as delegated;
• Ability to prioritize workload, meet deadlines, and adhere to disclosure requirements;
• IT literate — proficient in Office Systems, including Word, Excel, databases, and presentations;
• Good understanding of professional ethics and standards as promulgated by PMI.

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Compensation and Benefits

In addition to a competitive salary, we offer a wide range of benefits, including:

• Minimum of 25 days holiday plus bank holidays, with options to buy extra days;
• Defined contribution pension scheme with Gallagher contributions;
• Life insurance, paying 4x your basic salary, with options to top-up to 10x;
• Income protection covering up to 50% of your income;
• Health cash plan or Private medical insurance;
• Additional benefits such as paid volunteering days, employee stock purchase plan, share incentive plan, critical illness cover, discounted gym memberships, season ticket loans, voucher portals, family care backup, and more.