Pension Administration Manager
Location: London
Contract: Temporary (6 months initial)
Rate: £350 - 400 per day
Start Date: ASAP


*Mostly Remote Working

*
Contact: greg.waite@servicecare.org.uk

Job Description
Service Care Finance are currently recruiting on behalf of a Local Authority in London for a Pension Administration Manager to join the team on a temporary basis.

The postholder will be the lead officer and key adviser, technical and subject matter expert of the Local Government Pension Scheme including managing the implementation of relevant changes to the Scheme.

The role will manage efficient and effective services to over 5,700 pensioners and other beneficiaries, active and deferred scheme members, and employers.

Key Responsibilities

• Oversee the administration of the Pension Fund, ensuring an effective service is carried out by all members of the team.


• Plan and co-ordinate the effective training and development of all members of the team ensuring that they are kept up to date with any legislative/national/local initiatives that will impact upon the payroll service, e.g., changes to allowances.


• Ensure the accuracy of the calculations for retirement benefits, gratuities, death benefits, compensation benefits, deferred benefits, ill health, serious ill health, and complex benefits required by contracting out arrangements.


• Conduct regular end-to-end reviews of all processes on an ongoing basis, to design new innovative streamed solutions as appropriate and to train team members and implement these solutions.


• Support and lead as appropriate on all matters in relation to providing pension administration data and information to enable the closing of the Pension Fund accounts in line with the corporate timetable.

Candidate Criteria

• Sound knowledge of legislation and best practice regarding pension administration


• Experience of working as a Pensions Administration Manager/Team Leader in a large pension fund or Local Authority


• Significant knowledge and understanding of strategic LGPS pension administration issues, including experience of all aspects of staff management allocation


• Detailed knowledge of the Local Government Pension Scheme (LGPS), relevant compensation schemes, HMRC (maximum benefits and social security entitlements) and pensioner payroll


• Great communication skills with the ability to work well on own initiative as well as part of a team

If you are interested in the role, or know of anyone who may be, please contact Greg at Service Care Solutions on 01772 208969 or email greg.waite@servicecare.org.uk

Service Care Solutions also offers a £250 referral bonus! So, if you know of anyone who would be perfect for this position and they are placed into work, you will receive £250 for the referral once their probationary period has been completed.