Job Description
The Company:
A well respected and professional financial planning firm with ambitious growth plans
The Role:
The Pensions Administrator will work within Employee Benefits Administration and will be the processor of client, provider and adviser queries by email, letter and phone.
The Pensions Administrator will be responsible for new joiner processing, Sending relevant employee benefit invites and action any additions – notifying company of any changes to payroll.
Maintain the company database, update and action new joiners, update and action leavers, address changes etc…
The Pensions Administrator will process Letters of Authority from clients. Explain transfer process and send LOA’s to providers, keeping client updated in the meantime.
The Pensions Administrator will generate transfer paperwork and issuing to employee, update transfer tracker, chase paperwork and keep client informed.
Process Group Personal Pension monthly contributions, actioning new joiners/leavers. Checking amounts correlate to what they should be, ensuring everyone is auto-enrolled, management of internal database and communicate with existing and former clients, providers and advisers.
Contact employers to arrange employer meeting days and issue invitations to employees, generate meeting day paperwork.
Processing the re-enrolment with the provider, liaising with employees and employers to make any requested changes to contribution amounts/bonus sacrifices, ensure all records are updated with the details and the relevant form is completed for audit purposes, supporting employees with the auto-enrolment process, explaining the regulations and statutory amounts as chosen by the employer, and helping action any opt outs, sending communications to employees regarding salary sacrifice, rate changes, claiming back higher rate tax etc…and assisting with any relating queries
The Candidate
Experienced in Pensions administration, specifically with Workplace pension schemes, Auto Enrolment, Salary Sacrifice, and general pension scheme administration.
Ideally have general working knowledge of other Employee Benefits, such as Group Life Assurance, Income Protection, Private Medical, Dental, Cash plan, etc