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Senior Final Salary Pensions Administrator

Location: READING, BERKSHIRE Salary: 40000 - 42000 GBP Per Annum
Sector: Insurance Job Type: Contract
Shift Type: N/A Applications: N/A
Posted: 3 days ago Reference: 3088479
My client a leading Pensions and Actuarial Company, one of the largest in fact in the UK, is actively looking to recruit a skilled Senior Pensions Administrator to join their very successful Team based in Reading.   This is a fantastic opportunity for a highly skilled Senior Defined Benefit/Final Salary Pensions Administrator.  The client rewards talent and you will be recognised for your skills and ability in carrying out the role and you salary offer will reflect your level of skills.    

This is a full time permanent position administering Defined Benefit schemes.
Main duties and responsibilities will include the following:-

• Training of other team members
• Assisting less experienced team members
• Checking and authorising other team members’ work
• Meeting deadlines
• Calculation and payment of scheme benefits in accordance with the Rules
• Maintenance of membership records and other documentation
• Understanding and application of benefit structures, Trust Deed & Rules, Inland Revenue guidance notes, PSO and Disclosure requirements
• Project work as directed by Team Leader or Manager
• Liaision with Client, Scheme Actuary, Consultants, Providers, Pension Payroll Members and third parties
• Provision of technical information both verbally and in writing
• Compliance with ISO and AAF accreditations
• Checking and authorising cases
• Completing updates to the database to ensure that records are accurately maintained
• Dealing confidently with member enquiries by phone, email and letter
• Providing general support to the Administration team/manager
• Ensuring that work is prioritised correctly so that target dates are met



Essential:-

• Previous experience within a similar role dealing with DB schemes (Final Salary) is essential
• Ideally, at least five years experience in the industry
• Able to demonstrate ownership, responsibility and accountability for self
• Be organised, methodical and logical in approach to delegated responsibilities
• Able to assist with developing a culture of high standards, excellent quality and customer responsiveness
• Able to develop administrators and administrative processes
• Be well organised and be a point of reference for knowledge


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