Senior Pensions Administrator - Fixed Term Contract
BUCK
Manchester, United Kingdom
3d ago

Description

BUCK - A 104 - year - old firm that is JUST GETTING STARTED.

Senior Pensions Administrator (Pensions Outsourcing Operations) Fixed Term Contract

Contract term : 12 months

Office locations : Home based or Bristol, Birmingham, Manchester, Edinburgh, Ipswich or Derby office.

At Buck, we’re focused on helping our clients create a culture of well-being, centered around the evolution of each person’s health, wealth, and career.

Leveraging strong client relationships with key decision makers, our teams deliver exceptional results that confidently push the envelope with unexpected solutions to help our clients accomplish their objectives faster and keep them ahead of the curve.

Not surprisingly, we embrace inventive thinkers, who make original contributions to the team. We put people first our people and our clients’ people, and our inclusive and welcoming culture celebrates diversity and individuality.

Explore your next career move with Buck today!

Senior Pensions Administrator

About Buck :

At Buck we offer market leading Pensions Administration solutions to a wide portfolio of clients.

We support all defined benefits (DB), benefit contribution (DC), CARE and Hybrid pensions plan designs with compliant and certified forms, letters, notices, and statements.

Our highly sophisticated web-based and mobile-first platform provides participants with an enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library.

Our integrated administration platform includes case management, document management, and ad-hoc reporting to provide administrative staff with the productivity and efficiency tools they need to get the job done.

Your responsibilities :

We have a role for a Senior Pensions Administrator to join the Buck Outsourcing Practice on an initial 12 months fixed term contract.

The role offers excellent flexible working opportunity, including the option to work remotely from home, or from any of our regional offices in Bristol, Birmingham, Manchester, Edinburgh, Ipswich or Derby.

As a Senior Pensions Administrator, you will be responsible for the administration a combination of DB, DC and Hybrid pension schemes in accordance with our client’s requirements to the desired standards and deadlines.

As a Senior Administrator you will be experienced at supporting complex queries, performing manual calculations and be adept at checking and allocating work.

Strong experience of Defined Contribution (DC) experience will be highly advantage and progression with PMI qualifications is also desirable.

You will be responsible for the supervision of up to two trainee / junior pensions administrator and be expected to deputise for the Principal Pension Administrator or Team Leader when required.

Key Duties :

  • Carry out complex pension administration tasks and calculations including treasury and payroll accurately and in accordance with internal processes and company policies, adhering to procedures and standards regarding work and conduct;
  • Attendance at Trustee and ad hoc client meetings, including new business presentations as required;
  • Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;
  • Assist team members as required and provide support to Principal administrator;
  • Management of investment of contributions;
  • Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information provided to billing manager to ensure work is invoiced in line with the administration client service agreement accurately and in a timely manner;
  • Management of unit reconciliations / lifestyle switches.

    Qualifications :

  • Strong experience of working with different occupational pension schemes - DB, DC, CARE, Hybrid;
  • Ideally QPA or PMI qualified or willing to study towards relevant qualifications;
  • Prove experience carrying out complex manual pension’s calculations;
  • The ability to process collect and input data and information as delegated;
  • Ability to priorities workload, keeping to deadlines and disclosure requirements;
  • Information Technology literate - in the use of Office Systems, e.g. Microsoft Office for word processing, spreadsheets, database and presentations.

    Good understanding of various codes of professional ethics and standards as promulgated by the PMI.

    What we offer :

    As an established company with a start-up mentality we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.

  • Highly competitive salary;
  • Minimum 25 days Annual leave (excluding Bank holidays) plus Holiday trading - (10 days buy option) or (5 days sell option);
  • Private Medical cover including partner / spouse and children;
  • Health-checks / Screening

    VDU programme

  • Excellent Defined Contribution pension provisions;
  • Comprehensive Life Assurance coverage;
  • Vision Plan;
  • Company bonus scheme :

  • Interest free season ticket loan;
  • Gym subsidy;
  • Child-care Vouchers

  • Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering;
  • additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Critical Illness cover plus many more.

    At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.

    We are exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live.

    And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.

    Required

    Detail Oriented : Capable of carrying out a given task with all details necessary to get the task done well

    Leader : Inspires teammates to follow them

    Functional Expert : Considered a thought leader on a subject

    Required

    Work-Life Balance : Inspired to perform well by having ample time to pursue work and interests outside of work

    Flexibility : Inspired to perform well when granted the ability to set your own schedule and goals

    Financial : Inspired to perform well by monetary reimbursement

    Required

  • High School or better
  • Strong Excel

    4-6 years : Final salary manual calculations

    4-6 years : Defined benefits pensions administration

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