Pensions Administrator with Defined Benefits experience
We are seeking an experienced Pensions Administrator with a strong background in Defined Benefit (DB) schemes to join our team. You will play a key role in delivering accurate and timely administration services to members, employers, and trustees, ensuring compliance with scheme rules and regulatory requirements.Key ResponsibilitiesAdminister Defined Benefit pension schemes, including retirements, transfers, deaths, and other member events.Calculate and process benefits in line with scheme rules and statutory requirements.Maintain accurate member records and update systems accordingly.Respond to member queries and provide clear, professional guidance.Liaise with trustees, actuaries, and other stakeholders to ensure smooth operations.Assist with scheme projects such as reconciliations, de-risking exercises, and data audits.Ensure compliance with TPR (The Pensions Regulator) guidelines and internal controls.Contribute to continuous improvement initiatives within the pensions team.Skills and ExperienceEssential:Proven experience administering Defined Benefit pension schemes.Strong understanding of UK pensions legislation and regulatory requirements.Excellent numerical and analytical skills.Proficient in pensions administration systems and MS Office (Excel, Word).Desirable:Experience with Defined Contribution (DC) schemes.Knowledge of GMP, equalisation, and pension taxation.Professional qualifications (e.g., PMI Certificate/Diploma) or working towards them.Personal ..... full job details .....
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