Pensionsworld Jobs

Final Salary Pension Administrator, Leicester

Job Type:
Permanent
Specialism:
Pensions Administration
Salary:
Salary Description:
20000 to 25000
Location:
Midlands / Leicestershire
Posted:
07/09/2010
Job Ref:
235
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In order to apply for this position candidates MUST have previous FINAL SALARY (DB) PENSION experience.
 
Client Profile:
National Pensions and Administration Consultancy specialising in (Self Administered) SSAS and (Self Invested) SIPP Pension Schemes.
 
Job Summary:         
·         To provide cradle to grave administration of final salary schemes.
·         To keep all schemes running smoothly and ensure benefits due are set up in timely manner.
·         To provide a point of contact for day-to-day issues.
 
Duties and Responsibilities:

  • To process all aspects of defined benefit pension scheme administration.
  • To process annual renewal and issue benefit statements.
  • To calculate, notify and set up benefits on retirement including annuity purchase.
  • To calculate and issue transfer quotations.
  • To process transfers in/out of schemes.
  • To assist in the production of administration reports.
  • To assist in the monitoring of fee invoices.
  • To make full use of appropriate software systems.
  • To provide effective maintenance of scheme bank accounts.
  • To provide the production of data for preparation of pension scheme accounts.
  • To operate the pensioner payroll - to facilitate payment of pensions.
  • To update bank accounts where appropriate.
  • Produce data for actuarial valuations as well as pension scheme accounts.
  • Produce data for buy-out quotations.
  • Produce pension scheme accounts.

 
Knowledge Required:

  • Working knowledge of all the pension schemes in operation.
  • Ability to write reports and administer schemes.
  • Ability to operate payroll system.

 
Skills Required:
Excellent communication skills (written and verbal) that are effective and meet business needs.
Experience of Microsoft Office and Pensionmaster for Pension Scheme Administration.
 
If your skills and experience within Pensions doesn’t quite fit this role, please still make contact with either Juliette Lister/Lisa Tremlettas we have a large database of vacancies not presently advertised.  We also work personally on your CV and source suitable vacancies that are more suitable to your requirements.  However, should you not have the required experienceyour details will be automatically rejected.
 
If you feel you are suitable for this position, please email your full CV along with the following information:
 
Current Salary:
Reason for Leaving current/last position:
Salary expectations:
Are you a car owner:
Which areas are you willing to commute around:
Are there any firms that you wouldn’t want us to approach:
Are you registered with any other agencies:
Have you attended any interviews:
Ideal position:
 
 

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Final Salary Pension Administrator, Leicester