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Pensions Administration Manager

Employer
YourRecruit Ltd
Location
Chelmsford, Essex, United Kingdom
Salary
Competitive Salary
Closing date
Oct 26, 2020

View more

Job Role
Financial Planning
Sector
Finance
Contract Type
Permanent
Hours
Full Time

A superb opportunity has arisen for an experienced and qualified Pensions Administration Manager to work for the only UK pensions specialist listed on the London Stock Exchange Main Market who advise more than 1200 pension schemes and administer pensions for over 930,000 members across 15 UK locations. This opportunity will be based within their offices based in Chelmsford.

Offering a competitive salary this client also offers fantastic benefits, of which include: 25 days holiday, pension plan, flexible benefits scheme, life assurance, interest free season ticket loan and more

With a range of pensions administration services available to their clients you will be involved in a wide range of pension's administration, management and consultancy tasks. As Manager you will have prime accountability for the service delivery in terms of quality, profit and sustainability for assigned Administration client portfolios as well as the day to day line management of the designated team.

  • Taking a proactive stance to gain an extensive knowledge of assigned client portfolio to ensure client confidence, credibility and trust.
  • Providing expert advice solutions to pension's queries and pensions consultative advice.
  • Overseeing the project management of annual and ad-hoc projects such as renewals, benefit statements, pension increases, trustees' reports and accounts.
  • Assuming responsibility for total workflow management for the designated team, including workload allocation, prioritisation and ensuring delivery in line with client expectations, legal timescales and service level agreements (SLAs).
  • Formal staff management responsibilities, conducting appraisals, setting individual and team objectives, mentoring, training, coaching and developing of pensions administration team members.
  • Active participation in marketing initiatives, new business activities, attending new business pitches and company events. Seeking opportunities to generate additional income from existing client portfolio.
  • Taking responsibility for all aspects of admin billing, in conjunction with Operations Manager and Client Manager. Ensuring all recorded admin time is billed or accrued by the monthly deadline, all chargeable work is correctly recorded on the time recording system and billed as soon as possible, and all bills are issued, and payment received on time.

Who will suit this role?

You will be an experienced Pensions Administration Manager, with preferably experience in both third party pensions and in-house. You must have Defined Benefit (DB) experience, although the position does include some Defined Contribution (DC) schemes they are a smaller part of the role. You will ideally be educated to degree level and APMI qualified however, this is not essential.

  • Able to demonstrate an expert knowledge of pensions administration activities and apply this knowledge to any scheme.
  • Previous pensions administration experience of Defined Benefit schemes including leavers, retirements, deaths, transfers, monthly processing and investment, benefit statements, renewals and pension increases. This role is likely to appeal to individuals with c. 6-7 years +experience although not exclusive as all applications will be considered on an individual basis.
  • Thorough knowledge of pensions legislation framework and demonstrable ability to remain informed of changes to the framework.
  • Previous supervisory, leadership and management experience including performance monitoring, appraisals, recruitment etc.
  • Previous presentational experience is desirable to assist with client pitches, trustee meetings and account development activities.
  • Previous project management experience would be required to perform pension administration project based work.
  • Educated to a minimum of A Level or Degree or equivalent standard.
  • Ideally a minimum of three C grades or above at A Level or equivalent qualification.
  • Strong Maths and English GCSE or equivalent qualification - minimum grade B.
  • Significant progression with/or have completed a relevant pensions qualification e.g. CPC/QPA/DPC/RPC/APMI (applicants deemed 'qualified by experience' would be considered).

***For your information:

*Interested? Please send your CV in as a Word format only

**Please only apply if you are already eligible to work in the UK (indefinitely & without sponsorship),

***Not for you but you know someone suitable? Take advantage of the YourRecruit paid referral fee***

Due to the large numbers of responses we receive, despite our best efforts it is not possible to respond to every application. Therefore, only short-listed candidates will be contacted for this particular role and if you haven't heard from us within 7 days please assume you have been unsuccessful on this occasion. Please feel free however to apply for further roles and we will certainly keep your details on file and contact you with suitable vacancies.

YourRecruit Ltd does not discriminate on the grounds of age, race, gender or disability and complies with all relevant UK legislation.

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