Pensions Administrator

Employer
Oakleaf Partnership
Location
City of London, England
Salary
£35000 - £40000 per annum
Closing date
20 Dec 2021
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Job Details


Manage administrative tasks that support the provision of an effective and efficient pensions administration service for the Scheme.

Duties and responsibilities

Handle day to day pensions administration activity, such as calculations and correspondence relating to joiners, leavers, transfers and retirements.

  • Ensure all member transactions are completed in accordance with the service level agreement, checking other team members' work where required
  • Liaise with members, IFAs, consultants, auditors, service providers, payroll and any other third parties related to the Scheme
  • Maintain membership records.
  • Ensure that Scheme processes are documented, maintained and updated as necessary,
  • Assist in completing monthly scheme transactions within the agreed timelines, which includes the investment of DC credits, completion of the lifestyle and leaver switches and reconciliation of the employer contributions and pension payments
  • Assist in completing annual transactions within the agreed timelines, which includes annual benefit statements, the increase to pensions in payment and the provision of data for the Scheme financial statements.
  • Undertake project work as directed by the team manager

Technical skills and qualifications

A good knowledge of pension administration activities, in particular for defined contribution pension schemes

  • Good knowledge of current UK pensions legislation and framework
  • Proven years of experience in pension administration
  • Able to demonstrate a strong numerical aptitude
  • IT proficient, in particular with Microsoft Word and Excel
  • Experience with the Profund Classic system would also be an advantage

Company

Oakleaf Partnership is the UK’s largest independent HR recruitment consultancy. Founded in 2005, we have built enduring relationships with HR functions across every sector; thanks in part to our expertise, but also our collaborative approach. We listen. We share our insights. We take the time to truly understand the culture of an organisation – the person behind a CV.

Find Us
Location
United Kingdom

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