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Senior Project Administrator

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Spence & Partners Limited

1mo ago

  • Job
    Full-time
    Senior Level
  • Banking & Finance
  • Belfast

AI generated summary

  • You should have strong organizational skills, project management experience, proficiency in relevant software, and excellent communication abilities to succeed in this role.
  • You will coordinate project activities, manage schedules, facilitate communication, track progress, and ensure project documentation is complete and accurate to support project goals.

Requirements

  • Key Criteria:
  • Broad pension's technical knowledge, with at least five years' experience working in a Defined Benefit pension administration environment and with a detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation and codes of practice.
  • Knowledge of systems e.g. Microsoft Office/ Windows applications.
  • Experience in managing ad-hoc and annual pension projects
  • Excellent communication skills both written and oral with the ability to articulate and communicate current and relevant issues to scheme members; pension trustees; and other relevant third parties.
  • Experience of working pro-actively and using own initiative to complete tasks.
  • The ability to perform in a fast-moving environment providing excellent service to clients and third parties with a desire to succeed at accomplishing challenging objectives.
  • Desirable Criteria:
  • Knowledge of and experience with GMP Reconciliation / Equalisation calculations
  • Practical knowledge of the Pension Protection Fund (PPF)
  • About You:
  • Within our Projects team, we are hiring a Senior Pensions Administrator who wants the opportunity to carve out a successful role within an award-winning and growing organisation.
  • We are looking for candidates who are ambitious and enjoy working with people. You should thrive on solving complex problems and be interested in the financial services/pensions industry and areas affecting it. You will be well organised and proactive, calm under pressure and can communicate effectively (written and verbal).
  • You will enjoy working in a challenging environment in which you can develop both personally and professionally. You will be a conscientious individual with exceptional attention to detail, with a passion for delivering a quality product to our customers. You will have the ability to build strong relationships internally and externally and work to demanding deadlines and targets.

Responsibilities

  • As a Senior Pensions Administrator within our projects team, you will play a crucial part in the delivery and management of pension projects.
  • You would be involved in a variety of projects including
  • Benefit audit analysis & rectification work
  • Data analysis and rectification
  • GMP reconciliation, rectification and equalisation
  • Legal reviews such as benefit specification and equalisation advice
  • Data transfer to the Pension Protection Fund or insurance companies
  • Manage and maintain member records
  • Setting clear timelines for the delivery of projects
  • Setting and managing budgets
  • Attending Trustee meetings
  • Involved in the day to day administration of the scheme.
  • You will build a portfolio of clients to which you will manage and deliver projects, ensuring they are completed to the highest standards, within the service levels. You will work closely with team members, Trustees of pension schemes, PPF, insurance companies and other third parties. You may be involved in scheme calculation testing on our system as well as acting as support for other team members. You may be involved in the management of staff and/or act as a project subject specialist.
  • You will work closely with team members, Trustees of pension schemes, PPF, insurance companies and other third parties. You may be involved in scheme calculation testing on our system as well as acting as support for other team members.

FAQs

What is the job title for the position being advertised?

The job title is Senior Project Administrator.

What type of employment is being offered for this position?

The position is a Permanent Full-Time role.

What is the main focus of the company, 3173?

3173 is a privately owned UK firm specializing in pensions expertise, providing services to clients throughout the UK.

What companies are included in the 3173 Group?

The 3173 Group includes Dalriada Trustees Limited, Spence & Partners, and Mantle.

What qualities are being sought in candidates for the Senior Project Administrator role?

Candidates should be ambitious, enjoy working with people, thrive on solving complex problems, be well organized and proactive, calm under pressure, and possess effective communication skills.

What responsibilities will the Senior Project Administrator have?

Responsibilities include managing pension projects such as benefit audits, data analysis, GMP reconciliation, legal reviews, managing member records, setting project timelines and budgets, attending Trustee meetings, and daily scheme administration.

What is the minimum experience required for candidates applying for this position?

Candidates are expected to have at least five years of experience working in a Defined Benefit pension administration environment.

Are there any desirable criteria for this role?

Yes, desirable criteria include knowledge of GMP reconciliation/equalization calculations and practical knowledge of the Pension Protection Fund (PPF).

What are the working hours for this role?

The working hours are Monday to Friday, 37.5 hours per week, with additional hours as required.

Where is this job located?

The position is UK-wide, with opportunities available in Belfast, Manchester, or Glasgow.

What is the probationary period for new hires?

There is a six-month probationary period for all roles.

Is 3173 an equal opportunity employer?

Yes, 3173 is an Equal Opportunity Employer.

How does 3173 support candidates with disabilities?

3173 is committed to increasing the representation of disabled colleagues and guarantees an automatic interview for anyone with a disability who meets the minimum criteria. They also encourage candidates to discuss any support or adjustments needed during the recruitment process.

Spence & Partners Limited

Making sense of pensions

Finance
Industry
51-200
Employees
2000
Founded Year

Mission & Purpose

Spence & Partners is a privately owned firm of actuaries, consultants and pension scheme administrators. We specialise in advising on pensions and lifetime savings in the United Kingdom and Ireland. We also provide advice to private clients involving the valuation of pension rights for the purposes of litigation including the calculation of damages and pensions on divorce. Our sister companies Dalriada Trustees Limited and Dalriada Pension Trustees Limited act as independent professional pension scheme trustees in the United Kingdom and Ireland respectively. Authorised and regulated by the Financial Conduct Authority

Benefits

  • Comprehensive Private Medical Cover

  • Group Personal Pension Plan

  • Group Life Assurance

  • Cycle to Work Scheme

  • Car Scheme

  • Annual Travel Loan

  • Flexible Working and Annual Leave Policy