About The Position

EQ Retirement Solutions is seeking a Senior Pensions Administrator to join a new team delivering Bulk Purchase Annuity (BPA) services to clients and customers. The role requires significant pensions industry experience and a strong technical pensions background, preferably in BPA. The successful candidate will provide buy-in and buy-out administration, resolve customer enquiries, complete and check casework, and support service delivery in line with service level agreements. The role also includes providing technical guidance and on-the-job coaching, contributing to process improvements and new procedures, attending client meetings when necessary, and maintaining relationships with internal stakeholders, Trustee administrators and client stakeholders.

Requirements

  • Experience of Defined Benefit pension schemes.
  • Excellent attention to detail and ability to follow defined processes and procedures.
  • Superior written and oral communication skills.
  • Strong desire to deliver exceptional customer service.
  • Proven track record of quality and timely delivery.
  • Excellent ability to develop positive and productive working relationships.
  • Good IT skills and willingness and aptitude to learn a variety of systems.

Nice To Haves

  • Previous experience of Bulk Purchase Annuity administration.

Responsibilities

  • Provide administration services to customers in accordance with service level agreements.
  • Put members at the heart of service delivery.
  • Provide buy-in and buy-out administration services.
  • Interpret and apply Trustee membership movements to the insured population during buy-in administration.
  • Collate and escalate Trustee and client enquiries, both oral and written.
  • Complete and check casework and provide feedback.
  • Resolve customer enquiries using knowledge of customer requirements and case history.
  • Draft non-standard correspondence in response to customer enquiries.
  • Collate and analyse data, produce routine reports, schedules and summaries, update customer records, and resolve customer queries.
  • Provide technical guidance to other team members, particularly on buy-in and buy-out administration.
  • Identify and implement process improvements in the immediate area of responsibility to improve throughput and customer service.
  • Provide on-the-job coaching to department colleagues.
  • Attend client meetings where necessary.
  • Carry out projects and ad-hoc activities as determined by the Team Leader.
  • Provide pensions-administration input into the creation of new processes and procedures.
  • Advise the wider BPA Operations team of potential efficiencies in current pensions administration processes.
  • Build and maintain relationships with internal stakeholders, Trustee administrators and client stakeholders.

Benefits

  • Equiniti Pension Plan, with the company matching pension contributions up to 10%.
  • Employee Assistance Programme providing counselling, legal and wellbeing support for colleagues and their households.
  • Life assurance cover at four times salary, with the ability to purchase enhanced cover.
  • Employee discounts and cashback through the EQ Wins Platform.
  • Flexible benefits available to purchase through a flex plan, including gadgets, travel insurance, will writing and holiday trading.
  • Typically 29 days of holiday plus bank holidays.
  • Two volunteer days to support a charity of the employee's choosing.
  • Equiniti ICON award vouchers recognising colleagues who go above and beyond.
  • Investment in LinkedIn Learning for all colleagues.
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