Pensions Administrator

Godalming
2 weeks ago
Applications closed

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We are excited to offer an excellent opportunity for a Pensions Administrator to join our client’s friendly and structured team in Godalming. The role presents significant career development prospects, with ongoing support, including exam guidance and study leave. As a Pensions Administrator, you will be involved in a variety of tasks, including preparing documentation, collaborating information and supporting pension consultants. The ideal candidate will be organised, analytical and a strong communicator.

Company Benefits

Onsite parking

Flexible working

Personal development- help developing your role, exam support including guidance, study leave and the cost of study

Accrue additional holiday for extra hours worked

Life cover

Private healthcare

Pension scheme

Key Responsibilities

Prepare documentation for consultants to present to clients

Collate information from prior pension schemes and draft initial analysis of clients' other pension arrangements

Set up scheme current/deposit accounts as required

Obtain transfer value quotes and manage transfers agreed by the consultant

Draft initial actuarial reports and prepare submissions for Inland Revenue approval

Follow up with the Inland Revenue to ensure timely approval

Complete all administrative tasks on the establishment checklist

Attend to scheme registration and assist with scheme reviews

Draft client letters and reminders for scheme reviews, ensuring timely annual reviews or as otherwise agreed

Assist consultants in reminding clients about contribution payments and track variations in contribution levels

Handle year-end administrative tasks, including life cover arrangements

Generate standard client correspondence with the assistance of administrative staff

Ensure timely completion of all administrative tasks by managing schedules and delegating as necessary

Investment/Borrowing Transactions:

Assisting Consultants by researching and/or obtaining quotations for investments from the company’s list of investments.

Preparing and processing paperwork for deposits, stock market investment, property and other investments.

Preparing loan documentation.

Calculating loan interest when due, billing it where necessary, and monitoring receipt thereof.

Liaising with Consultants to monitor closely all investment/loan/property transactions parties to ensure no breach of limits/legal requirements.

Liaising with Consultants to monitor closely all transactions with members and/or connected parties to ensure no breach of legal requirements.

Experience and Skills Requirements

Strong multitasking abilities with excellent workload management

Background in finance or pensions preferred

Proficient in Microsoft Office and strong numeracy skills

Excellent organisational skills and the ability to delegate effectively

Confident and clear communicator, both written and verbal

A team player with a proactive approach

Willingness to pursue CII qualification or similar certification

This is an exciting opportunity for someone looking to develop their career within pensions administration while benefiting from a supportive work environment and fantastic employee benefits. Apply today to take the next step in your career!

If you have not been contacted within 5 working days, then unfortunately on this occasion your CV has not been shortlisted

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