Trainee Pensions Payroll Administrator

Lane Clark & Peacock LLP.; Winchester; On-site; GBP 22,000 - 30,000; Full time

Job summary

An established industry player is seeking a trainee to join their Pensions Payroll team. This role offers a fantastic opportunity to kickstart your career in pensions payroll administration. You will be responsible for ensuring pensioners are paid accurately and on time while supporting the team in various payroll processes. The organization prides itself on a collaborative and inclusive culture, providing excellent training and development opportunities. If you are detail-oriented, organized, and ready to contribute to a dynamic team, this position is perfect for you.

Benefits

Hybrid working

Professional study support

Life assurance

Private medical insurance

Discounted gym memberships

Cycle to work scheme

Discretionary bonus scheme

Volunteering opportunities

Electric vehicle salary sacrifice scheme

26 days annual leave

Qualifications

• Previous office experience is preferred but not essential.
• Educated to A-level or equivalent with strong maths skills.

Responsibilities

• Assist in running the pension payroll ensuring timely and accurate payments.
• Manage payroll processes and maintain compliance with deadlines.

Skills

Attention to detail

Teamwork

Mathematics

Excel (intermediate)

Office experience

Education

A-levels or equivalent

GCSE in Maths (grades 9 to 4)

Tools

Payroll systems

Work management system

Job description

At LCP we love what we do, and it shows. We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology. Working across a wide range of sectors, including pensions and benefits, investments, insurance, energy, health, sports, and data analytics, we help our clients navigate complexity in order to take the action that matters.

We have exciting opportunities to start your career in pensions payroll administration as a trainee.

Who are the department and what is the role?

Working as part of the Pensions Administration Department in the Pensions Payroll team providing the provision of pensioner payroll services to deliver an efficient and effective service to LCP’s clients and their pensioners.

What will you be doing?

Assisting in the running of the pension payroll to ensuring pensioners are paid accurately and on time, in accordance with legislation and organisational timetables;

• Assist in the preparation and management of the pensioner payroll process for our clients’ payrolls in line with our procedures; to assist in all aspects for a portfolio of clients’ payrolls and process their monthly payrolls from start to finish.
• Ensure payroll changes are recorded correctly on the work management system and processed according to agreed procedures and timescales.
• Reconciliation of payroll costs and changes against our Pensions Administration database
• Ensuring PAYE deductions are made and paid within statutory deadlines
• Production and distribution of annual P60s
• Ensure payments to pensioners, HMRC and other third-party bodies are made on a timely basis and within agreed controls
• Answer queries (by telephone and in writing) from pensioners, colleagues, partners and clients and other third-party bodies in an accurate and timely manner
• Ensure compliance with agreed payroll deadlines and ensure that team planners and the payroll calendar is kept up to date
• Support the rest of the Pensions Payroll Team on payroll and team matters
• Maintain payroll and ancillary systems
• Advise and assist our Pensions Administration Teams on any payroll matters
• To issue payslips to pensioners within agreed timescales and always ensuring these are sent to the confirmed and up to date address.

What skills, qualities and experience do you need for this role?

• Ideally suited to a person with some previous office experience (payroll experience would be a bonus but is not essential).
• Educated to ‘A’ level, degree level or equivalent (including maths GCSE at grades 9 to 4 (A* to C).
• Strong accuracy and attention to detail
• Ability to work well as part of a team, and on own initiative
• Well organised
• Professional at all times with a hands on and positive ‘can-do’ attitude
• Strong maths skills with an ability to spot numerical errors
• Excel skills to an intermediate level would be ideal

What’s in it for you?

As well as joining a multi-award winning, fun, collaborative, people-first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

• Hybrid working (varies by role and department)
• Professional study support (where applicable)
• Access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks

For your family:

• Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave

For your health:

• 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships, critical illness and dental insurance through our flexible benefits
• Cycle to work scheme
• Digital GP services

For your wealth:

• Discretionary bonus scheme
• Season ticket loans

For others:

• Volunteering opportunities

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application.