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Assistant Pensions Administrator

Lane Clark & PeacockLondon, England🇬🇧United Kingdom

Why this role stands out

Advance your career in pensions administration with Lane Clark & Peacock, a leading firm where you'll gain valuable experience and professional qualifications while enjoying a supportive team environment and hybrid work flexibility. You'll thrive here if you're eager to develop your analytical skills and take ownership of client work, contributing to impactful decisions for clients.

Quick overview

SeniorityMid Senior
Work modeHybrid
LocationLondon, England, United Kingdom

Job description

Assistant Pensions Administrator

At LCP we We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology.

We have exciting opportunities to further you career development in pensions administration in our Winchester office.

Who are the department and what is the role?

By joining our pension's administration department you will be part of a team of committed professionals that gives their clients the best possible service. Each day is spent working on a number of clients leading to variety in the work that you will do. As you develop you will take on more responsibility for the clients that you work on which will give you a real sense of client ownership and individual growth as you learn more about pensions in general, fully supported with a comprehensive training programme and professional qualifications support

What will you be doing?

  • Benefit calculations, either by a manual calculation, using a proforma and by using the relevant pension's administration system calculation routine
  • Working through relevant checklists for each individual case and following procedures
  • Understanding that appropriate authorisation is required before releasing information
  • Preparing bulk mailings of annual newsletters, pension increases etc.
  • Communicating with members and other third parties
  • Gaining and applying knowledge of clients through day to day work, speaking with colleagues and partners and referring to the scheme's administration guide and specific notes
  • Being aware of what is scheme specific and not necessarily applicable for all schemes
  • Ensuring compliance with LCP procedures when completing cases
  • Keeping up to date with changes in legislation
  • Understanding preservation, statutory increases, contracting-out (including GMPs) and the current pensions tax regime
  • Drafting non-standard letters where required
  • Recognising non-standard cases (e.g. part-timers)
  • Showing awareness of the General Data Protection Regulations and applying these at all times
  • And much more!

What skills, experience, and qualities do you need for this role?

  • Educated to 'A' level, degree level or equivalent
  • Experience with administering DB (defined benefit) pension schemes
  • Working towards/undertaking the relevant training courses and subsequent exams in order to gain the Award in Pensions Essentials (APE) and the Certificate in Pensions Calculations (CPC)
  • Excellent organisational and attention to detail skills
  • The ability to work on your own and also as part of a larger team
  • A high standard of professionalism at all times
  • Flexibility of hours worked/duties undertaken
  • Committed and keen to learn

What’s in it for you?

Take a look at our and Career stories pages to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

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