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Pension Administrator

Job Posted: 19 hours ago

Salary: £ Competitive
Job Type: Permanent
Location: Redcar, Redcar and Cleveland

Expire in: a month

Job Description

Key Responsibilities

Manage Pension Plans: Oversee the administration of various pension plans, to ensure they are compliant with regulations and organisational policies.

Record Maintenance: Maintain accurate records of contributions, benefits, and plan changes.

Client Communication: Serve as a point of contact for clients, providing guidance and information regarding pension-related inquiries.

Process Applications: Review and process retirement applications, ensuring all necessary documentation is complete and accurate.

Reporting: Prepare and submit required reports to clients/advisors and regulatory bodies.

Qualifications

Experience: Relevant experience in pension administration (2 to 4 years minimum).

Skills

  * Strong knowledge of pension schemes and regulations

  * Excellent attention to detail and accuracy in data entry and calculations

  * Proficient in using pension administration software and Microsoft Office Suite

  * Effective communication skills to liaise with clients, colleagues, and external stakeholders

  * Ability to prioritize and manage multiple tasks within deadlines

  * Problem-solving and analytical skills to resolve complex pension queries

  * Strong organizational skills to maintain accurate records and documentation

  * Understanding of financial and numerical concepts for pension calculations

  * Ability to work independently and as part of a team in a fast-paced environment

  * Commitment to maintaining confidentiality and data protection standards

Day-to-day tasks

As a pensions administrator you will:

  * answer customer queries by email, phone or letter

  * use a computer system to check and update records

  * calculate the amount of money people will receive

  * process money paid towards a person's pension

  * transfer benefits from one pension to another

  * arrange the payment of pensions

  * keep up to date with pension and tax laws

  * Supporting Investment and insurance administration

Before You Apply

Do not include the following in your job application, CV, or cover letter:

Bank details.
National Insurance number.
Date of birth.

You should not be asked for payment or irrelevant information. If you have concerns about a job advert or employer, seek guidance on how to proceed.

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