Senior Pensions Administrator

Willis Towers Watson

Redhill

Hybrid

GBP 40,000 - 60,000

Full time

14 days+

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Benefits offered by this job

25 days annual leave
Private healthcare
Life insurance
Group income protection
Pension scheme
Hybrid working options
Employee assistance programme
Volunteer day
Share scheme
Cycle-to-work

Job summary

Willis Towers Watson in Redhill is seeking a Senior Pensions Administrator to join our Outsourcing team on a hybrid basis. You will handle advanced calculations and administration of complex DB and/or DC schemes, mentoring juniors and ensuring accuracy across client work.

You’ll manage retirements, transfers and deaths, support team leaders, and seek process improvements while delivering high quality service to a portfolio of prestigious clients.

Qualifications

  • Experience in occupational pension administration including Retirements, Transfers and Deaths.
  • Knowledge of Pensions Legislation and Regulations and applying them within an administration team.
  • DB manual calculations experience for various administration processes.
  • High level attention to detail and accuracy in following procedures.
  • Ability to manage high volumes of work while maintaining quality.
  • Excellent organisational and time management skills and workload handling.
  • Strong written and verbal communication; proficient in Excel and Word.
  • Experience coaching and supporting less experienced colleagues.
  • Experience of working in a hybrid/multi-site team is advantageous.

Responsibilities

  • Accurately processes and manages complex pensions calculations across various process types.
  • Checks and monitors work by junior colleagues; provides feedback and guidance.
  • Acts as escalation point for technical issues, non-standard cases and member complaints.
  • Uses pension legislation knowledge and WTW guidance to ensure high-quality work.
  • Supports Team Leader to meet SLAs and coordinate workload.
  • Coaches and mentors junior colleagues to develop the team.
  • Identifies areas to improve service for clients/members and drives improvements.
  • Assists in complex and project-based work as required.

Skills

Pension administration
DB experience
Pensions legislation
DB calculations
Attention to detail
Time management
Excel
Word
Coaching
Hybrid/multi-site teamwork

Job description

Description

Join us as a Senior Pensions Administrator within our Outsourcing line of business based out of our offices in Redhill working hybrid.

You will work within a team to provide a high quality service to our impressive portfolio of clients that include prestigious and market leading global companies. In the role of Senior Pensions Administrator, you will take on advanced calculations and administration of complex schemes (DB and/or DC) and play an active role in mentoring and checking the work of junior team colleagues. This gives you the opportunity to work on clients that offer exposure to every aspect of pensions administration, utilising bulk processing routines, automated calculations or your manual calculation skills, and the potential for involvement with a huge variety of different projects.

The Role
  • Accurately processes and manages complex pensions calculations and queries across a variety of different pension processes and case types such as Retirements, Transfers, Deaths. Cases and processes are completed to a high standard proving accurate and well worded correspondence
  • Checks and monitors work completed by junior colleagues, providing feedback and guidance to colleagues as required to ensure work is right first time and output targets across the team.
  • Acts as a point of escalation for the team for technical issues, non-standard cases, and member complaints.
  • Utilises previous knowledge and experience in pension legislation/regulations as well as WTW guidance and procedures to ensure day to day work on an individual and team basis is of a high quality.
  • Supports the Team Leader in ensuring that all service level agreements and performance standards are achieved on a day-to-day basis and takes responsibility for coordinating team workload and some management or client responsibilities delegated by the Team Leader.
  • Coaches, supports, and mentors junior colleagues providing feedback and supporting the wider development and knowledge of the team.
  • Continuously seeks to identify areas where the service to clients /members could be improved and takes forward process improvements as required.
  • Assists in complex and project-based work as and when required.
Qualifications
What you'll bring
  • Previous experience working in an occupational pension administration team(DBexperience is essential)carrying out administration processes, including but not limited to Retirements, Transfers and Deaths.
  • Experience and knowledge of Pensions Legislation and Regulations and applying these within an administration team in response to changes or new legislation.
  • Experience and knowledge of the DB manual calculations required for a variety of administration processes.
  • High level attention to detail and skilled in following and applying procedural documentation and checking the work of other colleagues.
  • Ability to carry out and manage high volumes of work while maintaining a high level of accuracy.
  • Excellent organisational and time management skills and being able to manage own workload, wider teamwork load and multiple client member queries at the same time, whilst maintaining a high-quality service.
  • Excellent interpersonal skills to include good written and verbal communication and use of Microsoft Excel and Word.
  • Experience of coaching and supporting less experienced colleagues.
  • Experience of working in a hybrid/multi-site team would be an advantage.
What we offer
  • Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
  • We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more.
Equal Opportunity Employer

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidatehelpdesk@wtwco.com

(OGB2)

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