Payroll Services Consultant

  • Reference
  • VN-18157
  • Role Type
  • Permanent
  • Location
  • Hove
  • Salary
  • £22000 to £35000 dependent on experience
  • Closing Date
  • 01/12/2020
Your role at a glance

We are looking for a Payroll Services Consultant to join our Pension Risk Transfer Team in Hove. In this role you will be completing the smooth transition of pensioner payroll to Legal & General from the previous payers, payroll alterations and Buy-In payment reconciliations ensuring accuracy and timeliness.

What you'll be doing

To load immediate annuitant schemes on to the pensioner periodic payment system via the mainframe or individual forms as appropriate;

To make alterations to existing records on the pensioner periodic payment system;

To provide ongoing support to brokers, scheme Trustees and individual members for large or complex schemes until the scheme benefits are finalised;

Check the original quote data against the payroll data, resolve any issues and produce the relevant data schedules for the Installations team;

To use SAS and/or Business Objects to produce schedules and provide information on existing Legal & General Schemes both internally and externally;

Make payments to trustees for specific buy-in schemes and reconcile payments against member movements on a monthly basis;

Set up and maintain scheme records, and to personally deal with the investigation of anomalies and to take whatever action is appropriate;

To record and resolve internal and external customer enquiries at all levels both quickly and accurately by reference to scheme data systems information and knowledge of current legislation and practices;

Ensure all internal customers and any relevant 3rd parties are kept updated in a timely fashion on any key information to enable them to treat their customers fairly.

 

What we're looking for

Defined Benefits Pensions knowledge is essential

Payroll experience

Good knowledge of excel

 

Benefits

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days’ holiday, private medical insurance, discretionary performance related bonuses, paid overtime, a variety of share schemes, discounts at both a huge range of high street stores and our own great products. Your hard work will be rewarded when you join us.

 

About L&G

As a company, to be one of the world's largest Asset Managers, homebuilders, pension providers and insurances brands, we are diverse by our very nature. And we're a company that wants to use our diversity and influence to make society better in the long term - for everyone. To do this we need to be a company that welcomes everyone, where everyone can succeed. That means we're committed to building an inclusive culture in L&G where we can all perform at our best, no matter who we are, what we do or where we do it. So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

About the business area

Legal & General Retirement Institutional (LGRI) is the UK’s longest-serving active bulk annuity provider. In the last 30 years we have written more UK business than any other insurer and currently look after over half a million pension policyholders.  We are a market-leading and multi-award winning business.  

We work with companies and pension scheme trustees  to help them honour their Defined Benefit pension promises to their employees. We do this through bulk annuity insurance transactions or pension ‘buy-ins’ or ‘buyouts’, which enable pension trustees to secure their scheme members’ benefits with us. By doing this we:

  • help companies to settle their pension liabilities and focus on growing their businesses
  • help to support individuals' financial security in retirement
  • invest for the long term to back our pension promises.
Our commitment to Equal Opportunities

We’re an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.

For further information regarding this role please contact Lynn Morriss, UK Rescouring Lead - lynn.morriss@landg.com