Buck Buck - Pensions Administrator in Ipswich, Suffolk, United Kingdom
BUCK - A 102-year-old firm that is JUST GETTING STARTED.
Trainee Pensions Administrator – Pensions Operations – Ipswich
At Buck we offer market leading Pensions Administration solutions to a wide portfolio of corporate clients.
We support all defined contribution plan with compliant and certified forms, letters, notices, and statements.
Our web-based and mobile-first platform provides participants with an enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library.
Our integrated administration platform includes case management, document management, and ad-hoc reporting to provide administrative staff with the productivity and efficiency tools they need to get the job done.
We currently have an opportunity for a Pensions Administrator to join our team in the Buck Global Ipswich office.
This role will ideally suit a recent graduate with strong numerical and communication skills.
Job purpose & objectives:
To administer corporate DB and DC pension schemes in accordance with contracts to the required standards and deadlines.
Responsible for day to day administration for a portfolio of both DB and DC Occupational Pension Schemes.
Carry out pension administration tasks and calculations accurately and in accordance with internal processes and company policies, adhering to procedures and standards regarding work and conduct;
Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;
Management of investment of contributions;
Management of unit reconciliations/lifestyle switches;
Assisting team members as required;
Carry out such other duties and take on additional responsibilities as may be agreed from time to time.
Ideally degree education – with strong numerical and communication skills.
Willing to study towards relevant qualifications – QPA or PMI;
The ability to carrying out complex pension’s calculations;
Experience processing and collecting and inputting data and information as delegated;
Ability to priorities workload, keeping to deadlines and disclosure requirements;
Information Technology literate - in the use of Office Systems, e.g. Microsoft Office for word processing, spreadsheets, database and presentations.
As an established company with a start-up mentality, we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.
What we offer:
Highly competitive salary;
Minimum of 25 days annual leave (excluding Bank holidays) with the option to purchase additional (10 days) or sell back (5 days);
Private Medical cover including partner / spouse and children;
Excellent Defined Contribution pension provisions;
Comprehensive Life Assurance coverage;
Long-term sickness insurance coverage;
Interest free season ticket loan;
Company Bonus scheme;
Monthly social events;
Company Car allowance (eligibility criteria applicable);
Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering; additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Health screening, Critical Illness cover plus many more.
At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.
We are exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Team Player: Works well as a member of a group
Enthusiastic: Shows intense and eager enjoyment and interest
Self-Starter: Inspired to perform without outside help
Growth Opportunities: Inspired to perform well by the chance to take on more responsibility
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
- Bachelors or better
Strong communication skills
Strong math skills