New Business Pension Administrator
Adecco 26000.00 British Pound . GBP Per annum
2024-10-05 05:32:28
Manchester, Manchester, United Kingdom
Job type: fulltime
Job industry: Accounting
Job description
Main purpose of the job
As a dedicated member of our SIPP administration team you will undertake day-to-day administration work processing requests with vigilance and caution whilst going the extra mile. You will support our client and adviser needs with the highest professional standards and ensure all aspects of the role are met by following our brand and company guidelines.
This role involves dealing with various internal teams and departments but also with external entities such as financial advisers and investment providers on a regular basis.
It is an excellent opportunity for someone looking for a change and has prior experience working in the pensions industry and someone who is diligent in their work, possesses strong inter-personnel communication skills, has technical knowledge and experience in the pensions industry, is focused and committed, who is comfortable working with numbers and can contribute towards the continuous betterment of the team.
As a member of the team, you will be expected to:
Day to day administration of SIPPs
Process new business applications through to completion
Complete transfers in and investment applications
Process payments to investment providers and financial advisers
Process investment withdrawals for payments on time
Complete general servicing processes such as LOAs, FSCS claims, DSARs, change of agency or contact details
Have timely communication with the advisers and members to notify them of any issues with the member's request
Ensure all requests are tracked till completion
Being involved in projects within the administration department
Other than new business, at times administer other aspects of SIPP and SSAS workload including SIPPs holding portfolios of properties
Build relationships with our advisers and clients and deliver exceptional communication and service
Share knowledge and support less experienced members of the team
Ensuring full compliance with the Service Level Agreements
Improve and/or maintain Quality Assurance across all areas of your work
Embed risk management in all aspects of your work
Ability to resolve complaints effectively
Skills Required:
1. Strong SIPP knowledge and experience
2. Contribute effectively to our wider business success within the group
3. Strong attention to detail and the ability to perform under pressure
4. Confident with the ability to ask questions
5. Excellent organisational and multi-tasking skills
6. Proficient with Microsoft Office, in particular Excel
7. Fluent and positive written and verbal communication outcome with internal as well as external entities
8. Excellent numerical and customer services skills
9. Understand SIPP rules and be able to perform drawdown calculations, bereavement benefit calculations and divorce calculations
10. Be able to understand investment transactions including identifying non-standard investments
11. Aptitude to learn and adapt new skills, processes, systems and tasks
12. Understand pension rules and be able to perform drawdown calculations, bereavement benefit calculations and divorce calculations
13. Be able to understand investment transactions including identifying non-standard investments
14. Aptitude to learn and adapt new skills, processes, systems and tasks
- Holiday entitlement: 25 paid holidays plus bank holidays
- Hybrid working: considered after six months' successful probation, on a rota of 3 days in and 2 days at home
- Private Medical Insurance: after six months' probation
- Group Life Insurance: after six months' probation
- Pension: auto enrolled after three months
- Study Support: support for employees who want to study towards financial qualifications with either fully or part funded and paid study leave
- Social Event: Christmas party
- Hours of work: your hours of work will be 35 hours per week, on Mondays to Fridays inclusive. These will be worked between 9am to 5pm, including one hour for lunch (unpaid) each day
Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.
By applying for this role your details will be submitted to Adecco. Our Candidate Privacy Information Statement explaining how we will use your information is available on our website.