Job Title/Location: Pensions Administrator, Surrey & WFH
Salary: To £34,000 + average bonus c. £2,300 + pension contribution to £4,400
Office/WFH: 3 days office + 2 days WFH
Requirements: Pensions administration experience covering either SIPP, DB or DC pension schemes. Any drawdown experience also gratefully received, but not essential
Role Snapshot: A varied role covering managing complex client instructions, oversight of process risks, investigating escalated cases & liaising with various clients and internal stakeholders
A great opportunity for people with pensions administration experience to work in a slightly different type of role, add to your skillset and take advantage of the development opportunities within this team and the wider business.
The Company/Team:This is a perm role within a team of 3 people and part of a much bigger and rapidly growing SIPP and pensions division. This area of the business processes the more complex elements of SIPP administration including benefit calculations/payment, divorce cases, QROPS transfers and payroll management.
The Role:Your first few weeks in this Pensions Administrator role will focus on training, especially those new to SIPP’s. Your main responsibilities will include:
- Develop an in-depth understanding of SIPP Benefits Processes in both the UK and overseas
- Managing technical or complex client instructions to ensure optimal client outcomes
- Oversight of process risks & adherence to reporting & data quality rules related to owned processes
- Maintain & update team procedures, process flows, and quick guides following process changes or improvements
- Appropriate escalation of issues to management, especially any posing regulatory, reputational, or financial risks
- Direct liaison with clients & internal stakeholders to proactively resolve outstanding operational queries.
Skills / Experience Required:For this Pensions Administrator post, you must have proven SIPP, DC or DB administration experience. Whilst not essential, an understanding of HMRC rules that govern pension transfers & benefit payments as well as any drawdown experience, would also be well received.
Additional Information:The salary for the Pensions Administrator post is to £34,000 with average bonus c. 7% (£2,300) + pension contribution from the company to 13% (£4,400). There is an excellent benefits package inc. free onsite gym & parking with great opportunities to develop. Please apply below.
