Gallagher Benefit Services
Job title:
Principal Pensions Administrator
Company
Gallagher Benefit Services
Job description
IntroductionDiscover 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.
OverviewAs 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 a combination of Defined Benefit (DB), Defined Contribution (DC), and Hybrid pensions. You will ensure that all tasks and calculations are carried out accurately and promptly.Your responsibilities will include the allocation of cases, performing and verifying both automated and manual calculations. Additionally, you will draft and review correspondence and reports, manage pensioner payrolls, and support the Client Executive team. You will also supervise and train pensions administrators and senior pensions administrators, and deputize for the Team Leader when required.You will approach each case with dedication and vigilance, providing the highest level of service to each scheme member.
How you’ll make an impact
- Carrying out and checking pension administration tasks and calculations accurately, in a timely manner and in accordance with internal processes and adhering to company policies and governing regulations
- Managing your workload, taking into consideration time required for all cases to be peer reviewed
- Collaborating closely with scheme members through a variety of channels including email, letter or telephone
- Preparing and checking member correspondence and client reports, managing cashflows, investments/disinvestments and invoices
- Taking care of or checking non-standard client/member queries
- Collaborating with team members and building relationships with supporting teams
- Providing support and training to team members and assisting the Team Leader as the need arises
- Engaging and being transparent with team members and the Team Leader throughout the day
- Assisting the Client Executive team where necessary and attending client meetings or new business pitches if required
About You
- At least 5 years’ experience of defined benefit / defined contribution pension scheme administration
- Achieved or studying towards the Pension Management Institute’s CPC qualification
- Experience of management and/or mentoring of team members
- Ability to break down and explain complex calculations in simple terms
- Analytical skills with a logical approach to problem solving
- Ability to process, collect and input data accurately
- Ability to apply pensions knowledge and experience when peer reviewing cases, ensuring accurate and relevant information is provided to scheme members
- Strong prioritisation skills to meet deadlines and disclosure requirements
- Excellent communication skills to answer queries by telephone, letter and email, and provide effective feedback to the team on casework
- Ability to work effectively as part of a team
- Proficiency in Microsoft Office
- Eligible to work in the UK
#LI-TM2
Compensation and benefitsOn 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
Other benefits include:
- Three fully paid volunteering days per year
- Employee Stock Purchase plan, offering company shares at a discount
- Share incentive plan, HMRC approved, tax effective, stock purchase plan
- Critical illness cover
- Discounted gym membership, with over 3,000 gyms nationally
- Season ticket loan
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase
- Emergency back-up family care
- And many more…
We value inclusion and diversityInclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.Should you require reasonable adjustments to your application, please get in touch with . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Expected salary
Location
Ipswich, Suffolk
Job date
Mon, 14 Oct 2024 04:24:11 GMT
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