Pensions Team Leader

From 26th January 2021, you can find your dream job in our vacancies offer provided by Confidential Agency. For example you can find there a job from location London, London, United Kingdom functional area HR / Recruitment, position Pensions Team Leader.

Salary offer for Permanent job is from 42500 GBP Annual.

Description Vacancy

Job position:
Pensions Team Leader
HR / Recruitment
Employment type:
Start date:
213080674 (
42500 to 45000 GBP

Job description

Braxfield Recruitment are a specialist recruitment agency working within the property & housing sector. We have been appointed by a housing provider based in London who are looking to recruit an experienced Pensions Team Leader.
The successful candidate will support the Pensions Manager in the day to day operation of the Retained Pension Client Service, which includes monitoring the pension administrator's performance against set criteria.
You will manage and lead a team of pension advisors in a range of administrative duties in relation to the pension client function, including the provision and checking of information to support the accurate maintenance of scheme member records, and to monitor and assist employers in fulfilling their obligations to the pension fund.
Other duties as a Pension Team Leader will include:
* Developing and maintaining a sound knowledge of the Local Government Pension Scheme (LGPS) Regulations, Teachers Pension Scheme (TPS), Discretionary Payments Regulations, the State Pension Scheme, and HM Revenue & Customs (HMRC) and The Pensions Regulator requirements in respect of pensions.
* Assisting the Pensions Manager in maintaining statistical data to monitor the performance of the pension administrator, which includes records of payments to and from the Pensions Fund and the accuracy of LGPS deductions from scheme members' pay as calculated by employers.
* Overseeing and coordinating the customer service function for inhouse pension service delivered by the pension advisors.
* Liaising with scheme employers to ensure that they meet their responsibilities in respect of the accurate and timely provision of all necessary pension information to the administering authority.
* Managing the process of providing details to the pension administrator of LGPS starters, leavers, contractual hours changes, absence and all other relevant changes which impact on pension entitlements, and to monitor the pension administrator to ensure accurate record maintenance.
* Coordinating and managing the calculation and check that pensionable remuneration has been correctly determined for deferred retirement benefits, actual retirement benefits, interfund adjustments and any other transfer values or benefits.
* Managing the checking of pensions payroll data for new pensioners, deaths, beneficiaries, and adjustments to pension, and resolve any discrepancies.
To be considered for the position of Pensions Team Leader you must have the following:
* Minimum of 3 years of experience of LGPS administration or DB administration.
* Experience of managing a motivating a team.
* An up-to-date working knowledge of the LGPS and the calculation of scheme member benefits.
* An understanding of the different LGPS schemes (pre-2008, 2008 and 2014) and how they affect the calculation of scheme member benefits.
* Member of the PMI or IPPM (desirable)
Job title: Pensions Team Leader
Salary: £42,500 - £45,000 (depending on experience)
Start: ASAP
Location: Currently based from home, however candidates must be flexible to work from the office is West London should there be a need post lockdown.
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