Pensions Administrator

Pensions Administrator – Godalming, Surrey

We have a great opportunity for a Pensions Administrator, offering excellent progression with support and superb benefits. Our client offers a friendly, structured environment in Godalming. The Pensions Administrator would be responsible for preparing documents, collating information and various other administrative tasks. The successful candidate will be a strong communicator, organized and analytical.

Company Benefits

• Onsite parking
• Flexible working
• Personal development- help developing your role, exam support including guidance, study leave and the cost of study
• Accrue additional holiday for extra hours worked
• Life cover
• Private healthcare
• 25 days holiday plus bank holiday

Key Responsibilities

• Preparing all necessary documentation for the Consultant to present to the clients.
• Collating information on prior schemes and preparing first draft analysis of client’s other pension arrangements.
• Setting up scheme current/deposit accounts (if required).
• Obtaining transfer value quotes and organising transfers agreed by the consultant from prior schemes.
• Preparing first draft of the initial actuarial report.
• Drafting submission for approval of the scheme to the Inland Revenue.
• Following up to ensure that IR approval is obtained.
• Carrying out all other administrative tasks on the establishment checklist.
• Attending to scheme registration.
• Scheme Reviews
• Preparation of standard client letters/Consultant reminders to initiate regular scheme reviews (annually, unless a different frequency has been agreed with the client).
• Assisting Consultants in reminding the client about the payment of contributions before each year-end and advising on any variations in contribution levels. Chasing clients where necessary.
• Carrying out all administrative tasks on the year-end checklist. Includes reviewing and maintaining life cover arrangements.
• Collating information on prior schemes as required by consultants.

Maintaining Database Records:

• Ensuring all required data is obtained, then promptly and accurately entered/maintained on the Company’s database system.
• Printing and reviewing regular routine data reports to identify, and deal with, missing/anomalous data.

Investment/Borrowing Transactions:

• Assisting Consultants by researching and/or obtaining quotations for investments from the Company’s list of investments.
• Preparing and processing paperwork for deposits, stock market investment, property and other investments.
• Preparing loan documentation.
• Calculating loan interest when due, billing it where necessary, and monitoring receipt thereof.
• Liaising with Consultants to monitor closely all investment/loan/property transactions parties to ensure no breach of limits/legal requirements.
• Liaising with Consultants to monitor closely all transactions with members and/or connected parties to ensure no breach of legal requirements.

Inland Revenue Correspondence and Reportable Transactions:

• Organising the reporting of all PSO Reportable transactions within the statutory deadlines.
• Tax Matters
• Processing Self-Assessment tax returns
• Preparing and submitting Tax reclaims, and ensuring the reclaim is received.
• Making applications for registering SSAS’s for VAT when requested.
• Preparing and submitting scheme VAT Returns.
• Ensuring VAT payments/refunds made on time.

Experience and Skills Requirements

• Strong customer service skills
• Excellent written and verbal communication skills
• Attention to detail
• Analytical
• Strong skills with frequently used office applications, such as Word

Job Number: VR/06246

If you have not been contacted within 5 working days, then unfortunately on this occasion your CV has not been shortlisted.