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At Tesco, we believe in thepowerof spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.
You will be responsible for supporting the Administration team in delivering technical administration cases and calculations across a defined Benefit Scheme
About the role
At Tesco, we believe in thepowerof spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.
You will be responsible for supporting the Administration team in delivering technical administration cases and calculations across a defined Benefit Scheme
You will be responsible for
* Completing calculations and managing correspondence for members ensuring that they are completed within SLA.
* Completing calculations and managing correspondence for high earners including legislative controls for protection.
* Completing QA checks on colleague communications from a pension technical and legislative perspective.
* Updating and reconciling of worklists to ensure compliance.
* Reviewing transfer cases ensuring compliance with regulations.
* Responding to email correspondence and management of team email inboxes.
* Assisting auditors with any queries they may have during the annual audit.
* Completing and reviewing complex member calculations ensuring all calculation SLA's are maintained.
* Reviewing complaint/Historic pension transfer cases Authorisation of daily payments.
* Supporting all processes to maintain compliance and minimise escalations and complaints.
* Providing support and testing for cyclic projects and key projects.
* Supporting the team in PMI exams Taking the initiative to improve processes and drive efficiency.
You will need
* Experience withinDB Pension Scheme administration
* Experience either in-house or Third Party
* Administration experience of technical benefit calculations
* Up to date knowledge of UK Pensions legislation
* Prioritisation and time management
* Communication skills - written and verbal
* Strong Team work ethic and willingness to help
* Tobe highly motivated and keen to learn
* To be highly numerate and analytical
* UK Pension Scheme knowledge
* Microsoft Office knowledge (Excel, Word, Powerpoint, Access)
Whats in it for you?
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!
* Annual bonus scheme of up to 10% of base salary
* Holiday starting at 25 days plus a personal day (plusBank holidays)
* 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 6weeks fully paid paternity leave
* Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
About Us
Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.
Diversity, equity and inclusion (DE&I) at Tesco means that whoever you are and whatever your background, we always want you to feel represented and that you can be yourself at work. In short, we’re a place where Everyone’s Welcome.We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here.
We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you. We work in a more blended pattern -combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate.
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Finance and Sales
* Industries
Retail
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