Senior Pension Administrator

Arthur J. Gallagher & Co. (AJG); Manchester; Hybrid; GBP 30,000 - 50,000; Full time

Job summary

Join a forward-thinking company that is shaping the future of workplace well-being. As a Senior Pensions Administrator, you will play a crucial role in managing pension schemes, ensuring compliance, and delivering exceptional service to clients. This position offers the flexibility to work remotely or from various regional offices, allowing you to balance your professional and personal life. With a commitment to diversity and inclusion, you will be part of a team that values your unique contributions and fosters an environment of growth and support. Embrace this opportunity to make a meaningful impact in the lives of others while advancing your career in a dynamic field.

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

Three fully paid volunteering days per year

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Access to discounted voucher portal

Qualifications

• Strong experience with DB, DC, and Hybrid pension schemes.
• Proven ability in complex manual pension calculations.

Responsibilities

• Administer a combination of DB, DC, and Hybrid pension schemes.
• Supervise trainee/junior pensions administrators.

Skills

Pensions Administration

Manual Calculations

Defined Benefit (DB) Schemes

Defined Contribution (DC) Schemes

Hybrid Pension Schemes

Team Supervision

Data Processing

Microsoft Office

Education

QPA or PMI Qualification

Relevant Pension Administration Qualifications

Tools

Office Systems

Job description

Introduction

Discover a world of endless possibilities at Gallagher Benefit Services, where you'll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

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 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.

As a Senior Administrator 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 be responsible for the supervision of up to two trainee / junior pensions administrators and be expected to deputise for 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;
• Attendance at Trustee and ad hoc client meetings, including new business presentations as required;
• Management of 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 provide support to Principal administrator;
• Management of investment of contributions;
• Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information provided to billing manager to ensure work is invoiced in line with the administration client service agreement accurately and in a timely manner;
• Management of unit reconciliations / lifestyle switches;

About You

• Strong experience of 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’s calculations;
• The ability to process collect and input data and information as delegated;
• Ability to prioritize workload, keeping to deadlines and disclosure requirements;
• Information Technology literate - in the use of Office Systems, e.g. Microsoft Office for word processing, spreadsheets, database and presentations.
• Good understanding of various codes of professional ethics and standards as promulgated by the PMI.

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail]. If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.