Pensions Administrators – Experienced

Job Description:

We are a well-established Investments and Pensions company who are recognised in the Financial Services sector for both company and individual pension schemes, who have continued to recruit successfully throughout 2021 and into 2022. With over 40 years’ worth of experience, we have regularly won Financial Advisor Service awards and due to growth through acquisition, it is now time for us to add to our new teams. Therefore, we are seeking additional experienced Pensions Administrators to join our expanding business and will consider candidates with varying levels of pensions administration experience who are keen to continue their career within the pensions sector. Working 37.5 hours per week, Mon-Fri 9am-5.30pm, we can offer a competitive salary of £30K to £40K (depending on experience), 25 days’ holiday, life cover, private healthcare and a company pension. We are a growing business and therefore can offer excellent career opportunities.

We can consider candidates who may have already gained some pensions admin experience and be looking to progress their career within this sector or you may be an experienced pensions administrator with relevant qualifications plus SIPP’s and SSAS’s knowledge and simply want to move jobs and join an expanding and successful company who can fully utilise your existing pensions knowledge and offer stable employment and longevity.
The Pensions Administrator role is based within our Head Office, providing administration and telephone support regarding a range of pension schemes. We are seeking candidates with a passion for working within financial services and excellent relationship management skills.

The Pensions Administrator will look after an allocated client base, dealing with all enquiries from establishment to winding up.
The main duties will be: –
• Preparing all necessary documentation for the consultants to present to the clients, including initial actuarial reports.
• Collating information, preparing first draft analysis of client’s other pension arrangements.
• Obtaining transfer value quotes and organising transfers.
• Drafting submissions for the Inland Revenue and following up to ensure approval.
• Carrying out other administrative tasks on the ‘establishment checklist’.
• Attending scheme registration, drafting standard deeds and liaising with relevant third parties.
• Assisting consultants in preparation of advice on special situations when required.
• Preparation of standard client letters/consultant reminders.
• Reviewing and maintaining life cover arrangements.
• Providing information to Accountants in relation to transfers in special cases.
• Assisting consultants by researching and or/obtaining quotations for investments from a list of investment options.
• Calculating loan interest when due, billing it where necessary.
• Organising the reporting of all PSO reportable transactions within statutory deadlines.
• Processing self-assessment tax returns, preparing and submitting scheme VAT returns and ensuring VAT payments/refunds are made on time.
• At retirement, organising the payment of lump sums and/or pension benefits.
• Any other administrative actions required for each scheme.

To be considered for the Pension Administrator role, you will have existing pensions administration experience and a desire to work within the pensions industry and develop your knowledge. You will also possess excellent PC Skills and enjoy working as part of a busy team. Any relevant qualifications or SIPP’s and SSAS’s knowledge will allow you to command a higher salary than those without.

In return we can offer the opportunity to work for a well-established organisation with an excellent salary and benefits, with opportunities to progress and undertake further studies to progress your career if desired. In return you will receive a salary of between £30 and £40k depending on experience plus excellent benefits working within a fantastic organisation who are highly respected in their field.
Please submit your CV asap for immediate consideration.

Job Skills: