Pension Administrator

Morris Sinclair Recruitment • Portsmouth, ENG, United Kingdom • 2w ago

Job Description

HYBRID / REMOTE WORKING CONSIDERED.

Great new opportunity for Pensions Administrators with SIPP experience offering opportunities to work on a remote basis for those with relevant experience for a leading pensions software & services provider to the Financial Services sector.

Due to rapid growth additional Pensions Administrators are required to join an expanding team to help service outsourced clients to the highest standards.

In this role you will work alongside other members of the outsourcing team to deliver an excellent outcome to clients, their advisers and end investors.

The Role

Working in a busy and varied role the successful candidate will be joining a small but growing team and assisting with the daily administration processes. As part of the role, you will carry out and validate the following activities for pension administration services:

Adhering to best practice procedures in all aspects of pensions administration related tasks as defined by the Company
Pension establishment, setting up member records and issuing welcome information
Contribution processing
Processing and calculating pension benefits
Payment of benefits using payroll systems and monitoring ongoing pension benefit cases
Bank reconciliation and payment processing
Death benefit calculations
Transfers in and out both as cash and in specie
Annual Statements
Participating in annual projects such as tax code uplifts, regulatory reporting, residency tax status updates
Taking responsibility for ad-hoc projects and exercises.
Monitoring on going procedural developments and implementing changes to procedures where required.
Developing a relationship with the client and an understanding of their working practices

Skills, abilities, and personal qualities

Calm and positive under pressure and happy to take the lead in challenging times
Sharing knowledge with colleagues
Self-motivated approach to professional and personal development
Willingness to learn
Enthusiastic, positive, and flexible approach to work
Excellent customer service skills
Able to organise workloads, prioritise and meet deadlines
Strong communication skills, both written and verbal
Proficient IT skills
Strong team player with excellent attention to detail
Able to work alone as well as within a team
Able to think logically and hold good problem-solving skills
An active listener and able to follow through on the instructions given
Pension qualifications are advantageous