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We are seeking an experienced Pensions Administrator with a strong background in Defined Benefit (DB) schemes to join our team. You will play a key role in delivering accurate and timely administration services to members, employers, and trustees, ensuring compliance with scheme rules and regulatory requirements.
Job Responsibility:
Administer Defined Benefit pension schemes, including retirements, transfers, deaths, and other member events
Calculate and process benefits in line with scheme rules and statutory requirements
Maintain accurate member records and update systems accordingly
Respond to member queries and provide clear, professional guidance
Liaise with trustees, actuaries, and other stakeholders to ensure smooth operations
Assist with scheme projects such as GMP reconciliations, de-risking exercises, and data audits
Ensure compliance with TPR (The Pensions Regulator) guidelines and internal controls
Contribute to continuous improvement initiatives within the pensions team
Requirements:
Proven experience administering Defined Benefit pension schemes
Strong understanding of UK pensions legislation and regulatory requirements
Excellent numerical and analytical skills
Proficient in pensions administration systems and MS Office (Excel, Word)
Nice to have:
Experience with Defined Contribution (DC) schemes
Knowledge of GMP, equalisation, and pension taxation
Professional qualifications (e.g., PMI Certificate/Diploma) or working towards them
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