We are seeking an experienced Pensions Administrator for a 2 year contract based in London.
You will ideally be experienced in managing corporate pension data and have a relevant qualification within the PMI i.e. APMI/RPC. Advanced technical knowledge of Defined Benefit pension schemes, with a focus on UK pension legislation is required.
At least 5 years pension administration experience within a larger corporate organisation performing pension administration or pension project management.
MAIN DUTIES
- Assisting in the management of key relationships with the 3rd party IT system provider, IT and IRM, ensuring the integrity of data held on the pensions administration system is maintained.
- Being an integral part of the delivery of a high-profile IT system upgrade, with the introduction of new system functionality and promoting continual improvement within the TSU.
- Helping with the oversight of the main pension administration system supplied by a 3rd party (EQ Compendia).
- Managing the day-to-day relationship with the 3rd party, being actively involved in upgrades and providing input on the strategic direction for the system.
- Overseeing a schedule of activities required to ensure compliance with legislative and reportable events.
- Working with large volumes of sensitive and personal data to respond to time-critical requests, actively delivering annual processes and reviewing the quality of data held in the TSU.
- Producing and delivering pension benefit statements and valuation extracts for the Scheme actuary during annual events.
- Serving as a point of contact for relationships with key service providers.
- Collaborating with these providers on cross-boundary projects, such as the implementation of a major pension IT system upgrade while ensuring business continuity throughout the project.
- Being an integral part of the user acceptance testing team for data and calculation routines.
- Being a key member of the London based team of 3 people and providing pension-specific training.
- Working with the pension teams in Finance Operations to ensure support provided for their Data & Projects Team, and closely collaborating with the Payroll and Finance Team to ensure the successful delivery of all business-critical processes.
JOB KNOWLEDGE, SKILLS & EXPERIENCE
Experience of pensions administration systems, preferably Compendia and Procentia.
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