Senior Pensions Administrator

TN United Kingdom; Welwyn Garden City; Hybrid; GBP 30,000 - 55,000; Full time

Job summary

An established industry player is seeking a Senior Pensions Administrator to join their dynamic team in Welwyn Garden City. This role offers the opportunity to work flexibly, spending 60% of your time in the office and the rest remotely. You will be responsible for handling complex pension calculations, ensuring compliance with regulations, and supporting team members in their professional development. With a comprehensive benefits package, including an annual bonus and generous holiday entitlement, this position is perfect for a motivated individual eager to make a difference in the pensions sector.

Benefits

Annual bonus up to 10%

25 days holiday plus personal day

26 weeks maternity leave at full pay

Free 24/7 virtual GP service

Employee Assistance Programme

Mental wellbeing support

Qualifications

• Experience in DB Pension Scheme administration is essential.
• Strong analytical skills and proficiency in Microsoft Office required.

Responsibilities

• Support technical administration cases and calculations for a defined Benefit Scheme.
• Manage correspondence and ensure compliance with UK Pensions legislation.

Skills

DB Pension Scheme administration

Technical benefit calculations

UK Pensions legislation

Prioritisation and time management

Written and verbal communication

Teamwork

Analytical skills

Microsoft Office (Excel, Word, PowerPoint, Access)

Job description

Job Title: Senior Pensions Administrator, Welwyn Garden City

Client: Tesco

Location: Welwyn Garden City

Job Category: Other

EU work permit required: Yes

Job Reference: 86ecd7eff7b9

Job Views: 3

Posted: 08.05.2025

Expiry Date: 22.06.2025

Job Description:

At Tesco, we believe in the power of spending more time face-to-face than apart. During your working week, expect to spend 60% of your time in our office locations or local sites, with the rest remotely. We value flexibility and understand that everyone's circumstances are different, so we welcome conversations about flexible working arrangements.

You will support the Administration team in delivering technical administration cases and calculations across a defined Benefit Scheme. Your responsibilities include:

1. Completing calculations and managing correspondence for members within SLA.
2. Handling calculations and correspondence for high earners, ensuring legislative controls for protection are met.
3. Performing QA checks on colleague communications from a pension technical and legislative perspective.
4. Updating and reconciling worklists to ensure compliance.
5. Reviewing transfer cases to ensure regulatory compliance.
6. Responding to email correspondence and managing team inboxes.
7. Assisting auditors during annual audits.
8. Completing and reviewing complex member calculations, maintaining SLA adherence.
9. Reviewing complaint and historic pension transfer cases.
10. Authorising daily payments.
11. Supporting processes to maintain compliance and minimize escalations and complaints.
12. Providing support and testing for cyclic and key projects.
13. Supporting team members in PMI exams and process improvements.

Minimum Requirements:

• Experience within DB Pension Scheme administration.
• In-house or third-party administration experience of technical benefit calculations.
• Up-to-date knowledge of UK Pensions legislation.
• Strong prioritisation and time management skills.
• Excellent written and verbal communication skills.
• Teamwork ethic and willingness to assist others.
• Highly motivated, eager to learn, and numerate with strong analytical skills.
• Knowledge of UK Pension Schemes.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Access).

What’s in it for you:

We offer a comprehensive benefits package, including:

• Annual bonus of up to 10% of base salary.
• Holiday entitlement starting at 25 days plus a personal day and bank holidays.
• 26 weeks maternity and adoption leave (after 1 year’s service) at full pay, followed by statutory benefits.
• Free 24/7 virtual GP service, Employee Assistance Programme, and mental wellbeing support.

About Tesco:

Our vision is to become every customer’s favorite way to shop, acting responsibly and sustainably. We celebrate diversity and are committed to an inclusive workplace where everyone can be themselves. We are transitioning towards a blended working model, combining office and remote work. Further details can be discussed during the application process.

Note: Successful applicants will need to provide bank details on start date. We are an inclusive employer and support accessibility in our recruitment process. For more information, visit Tesco Accessibility.