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Pensions Advisor

Pertemps London

Greater London

Hybrid

GBP 80,000 - 100,000

Part time

7 days ago
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Job summary

An established industry player is seeking a Pensions Advisor for a temporary role in Greater London. This position offers a flexible hybrid working arrangement, allowing you to work approximately three days in the office. As a key member of the Resident Services team, you will support the management of various pension schemes, ensuring compliance with regulations and accuracy in calculations. The ideal candidate will possess strong numeracy skills, attention to detail, and previous experience in a pensions-related role. This is an excellent opportunity to contribute to a vital public service and enhance your professional skills in a supportive environment.

Qualifications

  • Previous experience in a similar pensions role is essential.
  • Knowledge of LGPS and proficiency in MS Office required.

Responsibilities

  • Maintain knowledge of pension regulations and assist in data management.
  • Calculate pensionable remuneration and redundancy payments as needed.

Skills

Attention to detail
Numeracy
Communication skills

Education

Experience in pensions role
Knowledge of LGPS

Tools

MS Office

Job description

Pensions Advisor - Temp 3 months - £20.86 per hour - London/Hybrid

Local Authority is seeking a Resident Access Advisor to support their Resident Services team at their West London offices.

This is a temporary position to start ASAP for an initial 3-month period and will pay £20.86 per hour.

This is a hybrid position working circa 3 days at their offices in Hammersmith.

The role can be offered on either a full or part time basis.

Main Responsibilities:
  1. Develop and maintain 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.
  2. Assist in maintaining statistical data, including records of payments to and from the Pensions Fund and the accuracy of LGPS deductions from scheme members' pay as calculated by employers.
  3. Calculate 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.
  4. Calculate and check redundancy payments where required.
  5. Advise the pensions administrator of pay to be used in the calculation of child related absence, sickness, strike and leave of absence, and to perform / check any calculations as required.
  6. Ensure that any new employers or admitted bodies are on boarded into the Fund in accurately and timely manner.
  7. Control, monitor and reconcile the LGPS employee and employer contributions for employing and admitted bodies, schools and academies with external payroll providers, and resolve any discrepancies.
  8. Ensure that employers and their payroll administrators are correctly administrating AVC deductions.
Ideal Candidate:
  1. Previous experience in a similar pensions role.
  2. Knowledge and experience of LGPS (Local Government Pension Scheme).
  3. IT proficient to include MS Office packages.
  4. Excellent attention to detail and numerate.
  5. Good verbal and written communication skills.

ONLY SHORT LISTED APPLICANTS WILL BE CONTACTED

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