Principal Pensions Administrator

at  Gallagher

Ipswich IP1 2AN, , United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate09 Feb, 2025Not Specified09 Nov, 20245 year(s) or aboveGood communication skillsNoNo
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Description:

Introduction:
Discover a world of endless possibilities at Gallagher Benefit Services, where you’ll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.
We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.
Overview:
As a Principal Pensions Administrator, you will be a highly organized and detail-oriented individual responsible for administering a portfolio of occupational pension schemes, which may include Defined Benefit (DB), Defined Contribution (DC), and Hybrid pensions. Your role will ensure that all tasks and calculations are carried out accurately and promptly.

How you’ll make an impact:

  • Allocate cases and perform both automated and manual calculations, ensuring accuracy.
  • Draft and check correspondence and reports.
  • Manage pensioner payrolls.
  • Support the Client Executive team.
  • Supervise and train pensions administrators and senior pensions administrators.
  • Deputize for the Team Leader when required.
  • Provide high-level service to each scheme member.
  • Accurately and timely carry out and check pension administration tasks and calculations.
  • Handle workload with consideration for peer review time.
  • Liaise with scheme members via email, letter, or telephone.
  • Prepare and check member correspondence and client reports.
  • Manage cashflows, investments/disinvestments, and invoices.
  • Handle or check non-standard client/member queries.
  • Collaborate with team members and establish relationships with supporting teams.
  • Provide support and training to team members.
  • Assist the Team Leader and engage with team members throughout the day.
  • Support the Client Executive team and attend client meetings or new business pitches if required.

About you:

  • Minimum of 5 years’ experience in DB/DC pension scheme administration.
  • Achieved or studying towards the Pension Management Institute’s CPC qualification.
  • Experience in management and/or mentoring of team members.
  • Ability to explain complex calculations in simple terms.
  • Strong analytical skills and logical problem-solving approach.
  • Accurate data processing, collection, and input skills.
  • Proficient in applying pensions knowledge and experience during peer reviews.
  • Strong prioritization skills to meet deadlines and disclosure requirements.
  • Excellent communication skills for handling queries and providing feedback.
  • Effective teamwork capabilities.
  • Proficiency in Microsoft Office.
  • Eligible to work in the UK

LI-TM2

Compensation and benefits:
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
  • Defined contribution pension scheme, which Gallagher will also contribute to
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
  • Income protection, we’ll cover up to 50% of your annual income, with options to top up
  • Health cash plan or Private medical insurance

Responsibilities:

Please refer the Job description for details


REQUIREMENT SUMMARY

Min:5.0Max:10.0 year(s)

Human Resources/HR

HR / Administration / IR

HR

Graduate

Proficient

1

Ipswich IP1 2AN, United Kingdom