Description
Pensions Administrator
One of our large Investment Banking clients Bank of America is looking for an experienced Pensions Administrator
working within the International Compensation & Benefits team, which is part of the HR function.
The role is primarily focused on UK pension arrangements.
* Proven relevant pension administration experience
* A good working knowledge of UK pension plan legislation and administration
* Strong analytical and written/verbal communication skills
* Strong Excel skills
* Ability to manage own workload
* Ability to deliver under pressure
DUTIES AND RESPONSIBILITIES
*Working with the UK Pensions Manager and key stakeholders (the business, Trustees, HR Relationship Managers, external advisers) to assist in the operation/administration of various pension arrangements, including:
oClosed DB and open DC self administered UK pension plans
oAssistance with all member-related pension queries
oInvolvement in ad-hoc projects
oOffshore pension schemes
*Trustee board meetings:
*Preparation of trustee meeting papers
*Attendance and minute taking at trustee meetings
*Manage action points from the meetings
*Liaison with external providers eg pension administrators, investment consultants, actuaries, lawyers, insurers.
*Annual plan renewal and benefit statement production.
*Advise on pension aspects for year end bonus waiver process and associated data management
*Work on high level pension queries from managers, HR colleagues and service centres
*Work closely with Payroll and compensation colleagues, particularly during the year end and flexible benefits processes
KNOWLEDGE AND SKILLS
*Proven relevant pension administration experience
*A good working knowledge of UK pension plan legislation and administration
*Strong analytical and written/verbal communication skills
*Strong Excel skills
*Ability to manage own workload
*Ability to deliver under pressure
Please apply to Suzanne McCrae with your most recent CV
Hy-phen Limited is acting as an Employment Business in relation to this vacancy.
The Adecco Group UK & Ireland is an Equal Opportunities Employer.