Pension Administrator
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
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