Description
Pension Administrator (DB and DC) _ Edinburgh
To administer corporate pension schemes in accordance with contracts to the required standards and deadlines.
Duties:
- Carry out pension administration tasks and calculations accurately and in accordance with internal processes and company policies, adhering to procedures and standards regarding work and conduct
- Draft correspondence and reports
- Utilise web functionality for detailed DC transactional processing
- Utilise portal technology for administration automation
- Manage logging in and out of post
- Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner
- Management of trustee bank accounts including reconciliation and cashflow
- Management of unit reconciliations/lifestyle Switches
- Management of investment of contributions
- Assisting the consultant/account manager with any documentation they require with carrying out their responsibilities
- Ensure client work is processed in timely manner and within target dates
- Prioritise work to ensure service level agreements are maintained
- Assisting team members as required and provide support to Team Leader
- Deal with non-standard client/member queries
- Day to day client responsibility, under guidance
- To ensure own work is peer reviewed as appropriate
- Carry out such other duties and take on additional responsibilities as may be agreed from time to time