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Pensions Associate

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Job Description - Pensions Associate

You will provide a first-class service to clients, working within strict service level agreements. Undertake all aspects of pension scheme administration, on both DB and DC scheme administration.

About the role

  • Process all aspects of membership administration.
  • Produce accurate written correspondence to deadlines.
  • Respond to members’ telephone queries either in writing or verbally.
  • Provide members with quotations as requested, accurately and to agreed deadlines.
  • Set up and process forthcoming retirements for payroll purposes.
  • Understand the principles behind commutation factors and calculations.
  • Understand the context and acknowledge of Guaranteed Minimum Pension (GMP) from first principles; also have an awareness of a Contracted Out scheme.
  • Undertake periodical and ad hoc administrative tasks as required.

About you

  • Computer literate. Experienced in the use of MS Office.
  • DB/DC experience.
  • Ability to complete manual calculations accurately.
  • Strong team player.
  • Knowledge and understanding of current pension legislation and an appreciation of upcoming changes.

Please quote reference 69914

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