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Permanent

Senior Pensions Administrator

Reading
money-bag Negotiable
Posted 1 week ago

This job is brought to you by Jobs/Redefined, the UK''s leading over-50s age inclusive jobs board.Senior Pensions AdministratorConsultant LevelReadingHybridFull TimePermanentRef: REQ002762XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential.Our Pensions Administration business continues to grow and we are now looking for an experienced Senior Pensions Administrator to join our vibrant Reading office with hybrid working. This is an exciting role and would most likely suit someone with previous experience in Defined Contribution (DC) pension administration, able to perform manual calculations and able to check the work of less experienced pensions administrators.The RoleAs a Senior Pensions Administrator with XPS you will:Adhere to best practice procedures in all aspects of pensions administration related tasks as defined by the Company.Maintain a client-focused approach, able to develop trusting and credible partnerships with clients both face to face and via the telephone.Oversee the management of monthly and annual processes on the team, ensuring processes are fully monitored and completed in line with customer and legislation requirements.Monitor accuracy, performance, and SLAs for the team, including activity and client performances, and take action to ensure targets are met.Ensure standard documentation is scheme specific and incorporate them into existing procedures.Where appropriate, participate in client meetings.Handle complex pensions queries.Sign out non-standard letters in response to client and member queries.Update relevant pension administration databases and systems.Perform manual benefits calculations.Help identify any training needs across the team and assist with developing and mentoring team members.Support, motivate and coach colleagues to the benefit of the team and wider Company.Manage ad hoc projects and exercises.Act as a key member of the pensions administration team, providing support to the assigned team leader.Monitor, delegate and coordinate workflow, reporting regularly to team leader on progress and issue management.Seek ways of innovating and improving quality, service delivery and efficiencies in processes and procedures.Provide expert advice solutions to pensions queries and pensions consultative advice; keeping abreast of technical and legislative developments within the pensions industry, and providing technical support to more junior staff.Work closely with other departments/teams both internal and external to the Company in order to provide a total service to our clients.Ensure the accurate updating of time recording system (OpenAir) for both chargeable and non-chargeable activities and meet required utilisation targets.Your profileEssential CriteriaPrevious pensions administration experience of Defined Contribution (DC) schemes including leavers, final salary, retirements, deaths, transfers in and transfers out.Experience of current pensions legislation and framework.Able to perform complex calculations and check the work of junior colleagues.IT proficient, in particular Microsoft Word, Excel and Outlook.Maths and English GCSE grade 4/C or equivalent.Confident communicator and problem solver.Self-motivated and enthusiastic approach to work, in particular taking responsibility for personal and technical continuous professional development.An eagerness to take on responsibility and adopt a flexible approach when work pressures are high.Able to see projects/tasks through to completion within given timescales.Great interpersonal and organisational skills.What we offer:Competitive salaryParticipation in annual discretionary Bonus Scheme25 days holiday plus flexibility to buy or sell holidayFlexible Bank holidaysPension scheme, matching contribution structureHealthcare cash planFlexible Benefits Scheme to support you in and out of workLife Assurance cover, four times basic salaryXPS Rewards (offers High Street discounts and savings from retailers and services providers)Employee Assistance Programme for you and your householdAccess to a digital GP servicePaid volunteering day when participating in Company organised eventsStaff referral scheme when you introduce a friend to XPSWhat next:If you feel XPS could be the next step on your career ladder, please apply directly via the links provided. We will consider all applicants and respond swiftly.Please discuss with the recruitment team, via phone or email, if you require any adjustments to the recruitment process.The successful candidate will need to demonstrate the following requirements:Right to Work confirmationDBS Disclosure checkEmployment or educational references covering five yearsSatisfactory credit checkWe continuously strive to build an inclusive workplace where all forms of diversity are valued.Please note we reserve the right to close our vacancies early and we only accept CVs direct from candidates or our preferred supplier ..... full job details .....

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