Job Details

Pension Admin Defined Benefits

Sector:Financial Services

Region : Greater London

Location: SE1 0LL

Salary: 12 month Contract up to £27,000

Job Ref.: CL0606KSLP

Job Information

Job description and person specification
Pension Administrator : LGPS Pension Scheme
Administration- (12 Month Fixed Term Contract)
Reports to: Assistant Operations Manager
Job Purpose
To provide dedicated administration support for one of the Authorities operational
teams encompassing the Local Government Pensions Scheme (LGPS), Firefighters’
Pension Schemes (FPS), Councillors’ Pension Scheme, various discretionary,
compensation and redundancy schemes and the related legislation. Our Client has
147 active employers and 6 Agency clients situated in our London based office
which require continuing maintenance of a strong employer/ client relationship.
The total membership of the Schemes run by the London office is circa
155,000. The successful candidate will have to ensure that a quality, accurate and
timely service is provided in line with key performance targets, Service
Level Agreements and contractual obligations.
Key Responsibilities
1. To handle all aspects of pension’s administration for a designated caseload of
Scheme member records
2. To process and update membership records, including data entry, scanning
and filing of documents. To handle general correspondence by telephone or in
writing, covering benefits, entitlements and general pension queries.
3. To produce relevant and accurate pensions calculations and to adopt a “right
first time” approach to minimise errors and to produce high quality work,
participating in initiatives for ongoing service improvement.
4. To utilise the various IT systems in use (Microsoft Office, ALTAIR, CASE
MANAGEMENT SYSTEM and Agency Payroll Systems)
5. To support the team effort in processing fluctuations in workload and meeting
deadlines, as well as contributing to team initiatives and meetings. Also carry
out any other duties commensurate with the post and where appropriate take
additional responsibility when cover needs to be maintained.
Key Accountabilities
1. Under the guidance of senior team members, responsible for the
administration associated with ‘cradle to grave‘ to ensure the smooth running of all cases.
2. Prepare all documentation and supporting calculations in relation to
pensions administration operational activities including benefit payments
and cessations of benefits.
3. Calculating pension forecasts and preparing statements.
4. Transferring benefits to other employers/ external agencies.
5. Ensuring all records are kept up to date with accurate data.
6. Ensure the timely completion of caseloads in periods of high workflow.
7. Keeping up to date with the changes in pension law and legislation.
8. Be flexible and be available to help other teams and work on projects
when required to do so.
Salary up to £27,000 you will be expected to have Local Government Pension Scheme experience ideally and/or defined Benefits experience.