Pension Scheme Administrator

Accountancy and Insurance - Banking and Financial


Recruit Gibraltar are currently helping our client who is a well established and reputable company, in finding the perfect Pension Scheme Administrator, responsible for the day-to-day administration of pension scheme, making sure that new and existing customersí policies are accurately maintained and serviced.

What will you do as a Pension Scheme Administrator:
Collating and processing new membersí records on the scheme database and validating information;
Maintaining computerised member records, dealing with updates for periodic events such as benefit statements, pension increases, scheme valuations;
Monitoring contributions, maintaining trustee bank accounts and investing with fund managers
Accurately calculating pension forecasts, preparing statements and processing retirement and death benefits including lump sums and pension pay-outs;
Liaising with the parties such as HM Revenue & Customs (HMRC), accountants and fund managers as appropriate;
Providing members and other relevant parties with information on request such as fund values, estimated benefits and various data extracts;
Customer care - dealing with a variety of general enquiries and correspondence from members, advisers, trustees and communicating with them appropriately;
Ensuring work is produced in accordance with agreed Service Level Agreements;
Administering schemes and processes, that enable administration to run efficiently, effectively and profitably;
Day-to-day management of the assistant pension administrator;
Ensuring compliance with legal, regulatory, ethical and social requirements;

What makes you a great Pension Scheme Administrator:

Sound intellectual skills evidenced by a strong academic background to graduate level or equivalent combination of education, training and experience;
Holds of undertaking relevant industry training and qualifications;
Extensive knowledge and experience of Pensions Administration/QROPS and applicable Pensions and Tax laws and regulations in Gibraltar and/or other jurisdictions;
Ability and confidence to work independently;
Experience of Viewpoint system or equivalent would be an advantage;

Salary range £25K - £35K depending on experience.

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