Senior Pension Administrator

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VN-20829

Permanent

Hove

Up to £31,900 depending on experience

31 January 2022

Are you an experienced Pensions Administrator? Would you like to join a growing team of market leading experts who write up to £8 billion of premium every year? Would you love to be responsible for your own portfolio of schemes?  We’re recruiting for a Senior Pensions Administrator (internally known as an Operational Support Team Consultant). You’ll be working flexibly; you’ll spend half of your week in our Hove office and half at home.

As a Senior Pensions Administrator, you will maintain scheme data, administer and update individual member records, and handle all aspects of managing a portfolio of high-end clients and schemes. We’re innovative in terms of product and proposition plus, the work is varied, meaning you’ll be talking to colleagues and customers regularly.

  • Providing an efficient claims service to scheme members and intermediaries plus, interpreting scheme provisions in line with current legislation
  • Responsible for all manual retirement calculations, design and issue of non-standard communication
  • Checking individual quotations and authorising the payment of claims, ensuring that documents and statements are correct
  • Sharing technical advice and instruction to other team members
  • Be a technical expert for the team; being utilised as the Society’s contact and expert on sensitive or priority schemes, acting as the focal point for queries and having responsibility for interpreting and keeping up to date with current pensions legislation and HMRC practice
  • Regularly review schemes that are not yet ‘signed’ and ensure all systems are kept up to date
  • Liaise with colleagues to ensure correct data is used for all quotations and settlements
  • Proactively review outstanding data items both internally and externally
  • Facilitate the operation of a variety of bulk exercises (Transfer, WULS etc) in line with the agreed process liaising accordingly with internal teams
  • Ensure all member records are updated and correct at the point the FDS is signed by L&G and the Trustees
  • Pension qualification from CII or PMI desirable
  • Defined benefit pension knowledge
  • Regulatory knowledge of The Pensions Regulator, The Financial Conduct Authority, The Pension Protection Fund and the Financial Assistance Scheme
  • Proactive approach to problem solving
  • Strong communication skills and passion to support customers
  • Coaching skills
  • Case conference and meeting skills

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.

Does this opportunity excite you but you’re not 100% sure if you meet all the requirements for the role? Or are you concerned that ‘normal’ office hours aren’t possible given your personal circumstances? We’re aware that candidates, especially women, can be put off from applying for a job unless they tick every box, or candidates who are parents or have other caring responsibilities may not think they can achieve the flexibility they need. If this is you, we’re keen to connect; and whilst we can’t accommodate every flexible working request, we’ll try to find a practical solution. So why not apply?

 

How to find out more

If you’d like more information about this opportunity please contact Rachel Varney at Rachel.Varney@landg.com (LinkedIn profile https://www.linkedin.com/in/rachel-varney-b3894020a/). Please note direct applications via email cannot be accepted for this role; only applications submitted through our careers website will be considered.

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.

Does this opportunity excite you but you’re not 100% sure if you meet all the requirements for the role? Or are you concerned that ‘normal’ office hours aren’t possible given your personal circumstances? We’re aware that candidates, especially women, can be put off from applying for a job unless they tick every box, or candidates who are parents or have other caring responsibilities may not think they can achieve the flexibility they need. If this is you, we’re keen to connect; and whilst we can’t accommodate every flexible working request, we’ll try to find a practical solution. So why not apply?

 

How to find out more

If you’d like more information about this opportunity please contact Rachel Varney at Rachel.Varney@landg.com (LinkedIn profile https://www.linkedin.com/in/rachel-varney-b3894020a/). Please note direct applications via email cannot be accepted for this role; only applications submitted through our careers website will be considered.