Senior Pensions Administrator (Defined Benefit) - Global Energy Co.

Eaglecliff Recruitment; Greater London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An exciting opportunity awaits for a Senior Pensions Administrator specializing in Defined Benefits at a world-leading energy company. As they transition from traditional oil and gas to renewables, you will play a crucial role in managing pension administration for UK-linked arrangements. This role demands a PMI qualification and advanced knowledge of defined benefit schemes, along with excellent communication skills. Join a dynamic team that values initiative and collaboration, and contribute to innovative solutions in the energy sector. If you're ready to make a significant impact in a multicultural environment, this is the perfect opportunity for you.

Qualifications

• PMI qualification and advanced knowledge of defined benefit pension schemes required.
• Strong communication and interpersonal skills are essential.

Responsibilities

• Manage day-to-day pensions administration activities and support the Operations Team Leader.
• Handle complex member queries and provide backup support to Senior Pensions Administrators.

Skills

PMI pension administration qualification

Technical knowledge of defined benefit pension schemes

Knowledge of UK pensions legislation

Communication skills

Interpersonal skills

Presentation skills

Logical thinking

Initiative

Job description

Senior Pensions Administrator (Defined Benefit) - Global Energy Co.

Exciting opportunity for a Senior Pensions Administrator, specialising in Defined Benefits, to join this global Energy company.

This is an exciting time to be joining this world-leading company as they transform themselves from a traditional Oil & Gas company into a leading name within the Renewables sector. This includes the creation of an already highly successful new Power Trading desk within the Energy Trading team as well as new ventures into various innovative solutions around the supply of Renewables including wind farms, electric vehicle charging, solar panel heating and battery storage.

Job Purpose:

1. To perform the day-to-day delivery of pensions administration activities across the companies and UK-linked pension arrangements supported by the UK Trustee Services Unit.
2. Provide support to colleagues in the UK TSU, primarily the other Senior Pensions Administrators and to support the Operations Team Leader when required.
3. To work in conjunction with the team which is based in London and Krakow, to provide a complete service to the Trustee, the member and the Company for the administration of the pension schemes supported by the UK TSU.

The successful candidate will have a PMI pension administration qualification and advanced technical knowledge of defined benefit pension schemes and UK pensions legislation.

The role will have accountability for the authorisation of payments to individuals of pension commencement lump sums up to £268,275 and transfer values up to £1.5 million.

Accountabilities:

1. Perform administration for complex and non-standard workflow processes like retirement, divorce and transfer cases.
2. Answer complex member queries which have been escalated to the London team such as Lifetime and Annual Allowance queries, SSPP queries, complaints and queries which require in-depth pension knowledge.
3. Provide back-up support to the other Senior Pension Administrators in their absence and allowing for flexibility with other work on these occasions.
4. Provide support to the Operational Team Leader in controlling outstanding cases and ensuring all cases are completed in line with legislation and service level agreements as determined by the Trustee.
5. Collaborating with the pension team in Krakow to provide an end-to-end service to the Trustee, the member and the Company for the administration of the pension schemes supported by the UK TSU.

This needs combining with a positive attitude and an ability to work within a large, globally dispersed project team in a multi-cultural environment. You also need to be a self-starter, a logical thinker and a quick learner, with strong initiative and excellent communication, interpersonal and presentation skills, able to write clearly and concisely.

We believe in equality of opportunity for all job applicants regardless of gender, marital status, race, colour, nationality, ethnic origin, creed or religion, disability, sexual orientation or age.

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Project Management, Information Technology, and Other
• Industries: Oil and Gas and Pension Funds