Senior Pensions Adviser

4Recruitment Services; London; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading services provider is looking for a Senior Pensions Adviser to join their council team in West London. The role involves supporting pension administration, ensuring compliance with pension regulations, and providing crucial administrative assistance. You will work in a collaborative environment, focusing on delivering the best service to clients while overseeing various pension-related tasks. Strong knowledge of Local Government Pension Scheme is essential.

Benefits

24-hour consultant support

Employee Benefits Programme

Dedicated payroll support

Qualifications

• High degree of knowledge relating to pension regulations and schemes.
• Ability to maintain statistical data for performance monitoring.
• Experience liaising with pension scheme employers.

Responsibilities

• Support day-to-day operation of Clients Pension Service.
• Calculate and check redundancy payments and process contributions.
• Assist in triannual valuations and audit requests.

Skills

Knowledge of LGPS Regulations

Knowledge of TPS

Attention to Detail

Analytical Skills

Job description

4Recruitment Services are seeking an experienced Senior Pensions Adviser to work for a council based in West London.

The purpose of the role will be:

• To support the Assistant Pensions Team Manager in the day to day operation of the Clients Pension Service, which includes monitoring the pension administrator provider s performance against set criteria.
• To undertake a range of administrative duties in relation to the pension function, including the provision and checking of information to support the accurate maintenance of scheme member records, and to monitor and assist employers in fulfilling their obligations to the pension fund.
• To provide administrative support to the Assistant Pensions Team Manager or Head of Pensions as required.

DUTIES AND RESPONSIBILITIES INCLUDE:

• Calculate and check redundancy payments where required.
• Process Contributions: Handle all types of pension benefits and contributions with accuracy.
• Process and check weekly payments, calculating accurately and ensuring they are processed in a timely manner
• Analyse and manage the monthly employer contribution remittances and schedules
• Support in the processing of early retirements, provide relevant data to the pensions administrator to enable them to calculate pension benefits and costs to the employer, and liaise with any other parties as necessary to support the accurate and timely provision of this information.
• Assist in triannual valuations and audit requests
• Ensure that any new employers or admitted bodies are onboarded into the Fund in an accurate and timely manner
• Control, monitor and reconcile the LGPS employee and employer contributions for employing and admitted bodies, schools and academies with external payroll providers, and resolve any discrepancies.

ESSENTIAL REQUIREMENTS INCLUDE:

• Develop and maintain a high degree of knowledge relating to the Local Government Pension Scheme (LGPS) Regulations, Teachers Pension Scheme (TPS), Discretionary Payments Regulations, the State Pension Scheme, and HM Revenue & Customs (HMRC) and The Pensions Regulator requirements in respect of pensions.
• Assist the Assistant Pensions Team Manager in maintaining statistical data to monitor the performance of the pension administrator provider, which includes records of payments to and from the Pensions Fund and the accuracy of LGPS deductions from scheme members pay as calculated by employers.
• Liaise with scheme employers to ensure that they meet their responsibilities in respect of the accurate and timely provision of all necessary pension information to the administering authority.

A full JD is available on request.

What we offer:

• 24 hour one on one specialist consultant based within your geographical area
• 4Recruitment Services Employee Benefits Programme
• Our own dedicated payroll support ensuring you get the full benefits of your payment

Recruitment is done in line with safe recruitment practices. 4Recruitment Services is an equal opportunities employer.

To discuss this vacancy in further detail or any other vacancies, please contact our Team on (phone number removed) or email (url removed).