Senior Pensions Adviser

Senior Pensions Adviser

Posted 4 days ago by 4Recruitment Services on Reed

£29 Per hour
Undetermined
Undetermined
West London, London

Summary: The Senior Pensions Adviser role involves supporting the Assistant Pensions Team Manager in the daily operations of a council's Pension Service in West London. Key responsibilities include monitoring pension administrator performance, managing pension contributions, and ensuring compliance with pension regulations. The position requires a strong understanding of various pension schemes and involves administrative support to ensure accurate maintenance of member records. The role is crucial for assisting employers in fulfilling their obligations to the pension fund.

Key Responsibilities:

  • Calculate and check redundancy payments as required.
  • Process all types of pension benefits and contributions accurately.
  • Handle weekly payments, ensuring timely processing.
  • Analyse and manage monthly employer contribution remittances and schedules.
  • Support processing of early retirements and liaise with relevant parties.
  • Assist in triannual valuations and audit requests.
  • Onboard new employers or admitted bodies into the Fund accurately.
  • Control, monitor, and reconcile LGPS employee and employer contributions.
  • Resolve discrepancies with external payroll providers.
  • Maintain statistical data to monitor pension administrator performance.
  • Liaise with scheme employers for accurate and timely pension information provision.

Key Skills:

  • In-depth knowledge of Local Government Pension Scheme (LGPS) Regulations.
  • Understanding of Teachers Pension Scheme (TPS) and Discretionary Payments Regulations.
  • Familiarity with State Pension Scheme and HMRC requirements.
  • Strong analytical and administrative skills.
  • Ability to manage and reconcile financial contributions.
  • Excellent communication and liaison skills with employers.
  • Experience in pension administration and compliance monitoring.

Salary (Rate): £29

City: West London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: Senior

Industry: Other