Pensions Administrator

Job title: Pensions Administrator

Industry: Financial Services

Location: Finchley, London

Salary: £28,000

Job reference: 10497

Looking for your next challenge in pension administration?

Recruit UK is working with a well-established wealth management company in North London, and they are looking for a pension administrator to join their growing team.

This is an excellent opportunity for a detail-oriented pensions professional to manage the day-today administration of a portfolio of SSAS pension schemes while working closely with clients and advisers.

Benefits:

• Competitive salary package.
• Hybrid working
• Ongoing training and professional development opportunities.
• Income Protection Cover
• Death-in-Service Cover
• Health Shield Cash Plan.
• Employee Discounts.
• Discounted Health Tests.

Responsibilities include:

• Managing the day-to-day administration of Small Self-Administered Schemes (SSAS)
• Processing new scheme applications, transfers, and takeovers
• Liaising with clients, advisers, solicitors, accountants and third-party providers to support a smooth client experience.
• Maintaining accurate scheme records and updating pension administration systems.
• Supporting pension benefit crystallizations, including processing tax-free cash and income payments.
• Administering SSAS bank accounts, payment instructions and invoicing.
• Assisting with property purchases, transfers and commercial property transactions held within SSAS arrangements.
• Identifying opportunities to improve processes and contribute to the efficient running of the SSAS administration function.

Skills required:

• Previous experience in SSAS or pension administration (essential).
• Experience managing multiple cases and meeting regulatory deadlines.
• Confidently using Microsoft Office
• Experience with Xplan (desired)
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills
• Knowledge of pension transfers, benefit crystallizations, property transactions, VAT, and pension scheme accounts (desired)

If you’re interested in finding out more, please apply today!