Senior Pension Administrator

Posted 3 Days Ago
Be an Early Applicant
4 Locations
In-Office or Remote
Senior level
Professional Services • Financial Services
The Role
Administer defined benefit and defined contribution pension schemes, including complex benefit calculations, pensioner payrolls, payments, cashflow, investments, regulatory liaison, and compliance checks. The role authorizes benefits, reviews colleagues’ work, supports the team leader, and trains junior administrators. Strong knowledge of occupational pension schemes, the Pension Protection Fund, and PPF assessment processes is required.
Summary Generated by Built In

We have an exciting new opportunity for a Senior Pension Administrator to join our growing team. This is a permanent, full time role that can be based in our Bristol, Birmingham, Edinburgh or Glasgow office, working on a hybrid basis. 

Join us at a genuinely exciting moment for pension administration. As part of the rapidly growing Howden employee benefits business, opportunities for development have never been stronger. We are investing in our people, our teams and our operating model, creating clear routes for progression and long rewarding careers.

Responsibilities:

  • Has a thorough understanding of the trust deed and rules for each scheme
  • Carries out complex benefit calculations and tasks and deals with more complex pension queries
  • Checks work of other team members, ensuring accuracy and compliance with scheme rules, internal procedures and controls and legislation
  • Authorises benefit payments
  • Checks pensioner payrolls, including calculation of net pay, arranges payments and preparation of year end returns
  • Liaises with authorities including DWP, HMRC, The Pensions Regulator and the Information Commissioner
  • Monitors scheme cashflow requirements and arranges investments / disinvestments as required
  • Supporting team leader and training junior team members 

We would love to hear from you if you have:

  • In depth knowledge of both DB and DC occupational pension schemes
  • Has a clear understanding of how the PPF operates and the nature and type of compensation 
  • Has a thorough understanding of the stages involved and projects to be completed in relation to the PPF assessment period
  • Has a good understanding of the stages involved and projects to be completed in relation to the PPF assessment period 

What's in it for you:

  • Competitive discretionary annual bonus. 
  • Core benefits including life assurance of four times salary, income protection of 75% of salary for up to five years, and single private medical insurance cover. 
  • A generous pension scheme with 5% employee contributions matched by a 10% employer contribution.
  • 25 days' annual leave, increasing to 27 days after five years' service. 
  • Access to the Howden flexible benefits programme, offering a wide range of benefits and discounts to support your wellbeing, family life and lifestyle. 
  • The opportunity to be part of a growing global business where career development, collaboration and innovation are encouraged.

Accessibility 

If you require reasonable adjustments or want more information on accessibility, please let us know

Follow Howden on LinkedIn  

We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed to [email protected]   

Skills Required

  • In-depth knowledge of defined benefit and defined contribution occupational pension schemes
  • Clear understanding of how the Pension Protection Fund operates and the nature and type of compensation
  • Thorough understanding of the stages and projects involved in the Pension Protection Fund assessment period
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The Company
HQ: London
1,338 Employees
Year Founded: 1989

What We Do

We are proud to be a leading independent UK professional services consultancy at the forefront of risk, pensions, investment and insurance. With a team of more than 1,750 people in nine offices, including 99 partners, we work to deliver on our values and our promise, ensuring the highest levels of trust, integrity and quality. We act as a trusted partner for a wide range of clients in both the private and public sectors – this includes 25% of FTSE 100 and 15% of FTSE 350 companies. We are free from any external stakeholders, allowing us to take a long-term view with all our clients and giving us the freedom to bring fresh ideas to the table, unobstructed.

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