Senior Pensions Administrator

WTW group; Leeds; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading pension administration firm in the UK is seeking a Senior Pensions Administrator to manage complex pensions calculations and mentor junior colleagues. The role involves ensuring compliance with Pensions Legislation while delivering high-quality service to an impressive portfolio of clients. Applicants should have significant experience in occupational pensions administration, strong communication skills, and the ability to manage high workloads accurately.

Benefits

25 days annual leave plus an extra day

Private healthcare

Defined contribution pension scheme

Volunteering day

Employee assistance programme

Qualifications

• Previous experience in pension administration, including Retirements, Transfers, and Deaths.
• Knowledge of Pensions Legislation and Regulations.
• Ability to manage high volumes of work while ensuring accuracy.

Responsibilities

• Process complex pensions calculations and manage queries effectively.
• Monitor work of junior colleagues and provide guidance.
• Support Team Leader to meet service level agreements.

Skills

Pensions administration experience

Attention to detail

Communication skills

Organizational skills

Tools

Microsoft Excel

Microsoft Word

Job description

Description

We are hiring for a Senior Pensions Administrator who would be based in one of our offices in Redhill, Leeds or Welwyn. As a Senior Pensions Administrator, you will be making a difference within our leading pension administration business. You will work within a team to provide a high quality service to our impressive portfolio of clients that include prestigious and market leading global companies. In the role of Senior Pensions Administrator, you will take on advanced calculations and administration of complex schemes (DB and/or DC) and play an active role in mentoring and checking the work of junior team colleagues.

You will work on a variety of different clients, with pension arrangements ranging from straightforward to complex, with populations covering hundreds of members to hundreds of thousands. This gives you the opportunity to work, within one organisation, on clients that offer exposure to every aspect of pensions administration, utilising bulk processing routines, automated calculations or your manual calculation skills, and the potential for involvement with a huge variety of different projects, often at the forefront of the industry.

Benefits

Enjoy a benefits package designed to help you thrive, both professionally and personally. You\'ll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.

We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.

The Role

• Accurately processes and manages complex pensions calculations and queries across a variety of different pension processes and case types such as Retirements, Transfers, Deaths. Cases and processes are completed to a high standard proving accurate and well worded correspondence in a timely manner.
• Checks and monitors work completed by junior colleagues, providing feedback and guidance to colleagues as required to ensure work is right first time and output targets across the team.
• Acts as a point of escalation for the team for technical issues, non-standard cases, and member complaints.
• Utilises previous knowledge and experience in pension legislation/regulations as well as WTW guidance and procedures to ensure day to day work on an individual and team basis is of a high quality.
• Supports the Team Leader in ensuring that all service level agreements and performance standards are achieved on a day-to-day basis and takes responsibility for coordinating team workload and some management or client responsibilities delegated by the Team Leader.
• Coaches, supports, and mentors junior colleagues providing feedback and supporting the wider development and knowledge of the team.
• Continuously seeks to identify areas where the service to clients /members could be improved and takes forward process improvements as required.
• Assists in complex and project-based work as and when required.

Qualifications

The Requirements

• Previous experience working in an occupational pension administration team(DB and/or DCexperience is essential)carrying out administration processes, including but not limited to Retirements, Transfers and Deaths.
• Experience and knowledge of Pensions Legislation and Regulations and applying these within an administration team in response to changes or new legislation.
• Experience and knowledge of the DB manual calculations required for a variety of administration processes.
• High level attention to detail and skilled in following and applying procedural documentation and checking the work of other colleagues.
• Ability to carry out and manage high volumes of work while maintaining a high level of accuracy.
• Excellent organisational and time management skills and being able to manage own workload, wider teamwork load and multiple client member queries at the same time, whilst maintaining a high-quality service.
• Excellent interpersonal skills to include good written and verbal communication and use of Microsoft Excel and Word.
• Experience of coaching and supporting less experienced colleagues.
• Experience of working in a hybrid/multi-site team would be an advantage.

At WTW, we believe difference makesus stronger.We want ourworkforceto reflectthe differentand varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bringtheir wholeselvestoworkeveryday.Weareanequalopportunityemployer committedtofosteringaninclusive work environment throughout our organisation. We embrace all types of diversity.

We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email [e-mail].

(OGB2)