Project Administrator

Spence & Partners Ltd.
Glasgow, Belfast
GBP 40,000 - 60,000
Job description

About Us

3173 is a privately owned UK firm of pensions experts with clients throughout the UK, serviced from offices in London, Belfast, Glasgow, Manchester, Birmingham, Bristol and Leeds. The 3173 Group of companies includes Dalriada Trustees Limited (Dalriada), one of the UK’s largest professional pension scheme trustee companies. Spence & Partners provides full pension actuarial, consulting, investment consulting, and administration services that provide simply smarter solutions for trustees, employers, and members.

Our primary aim is to provide interesting, worthwhile, and healthy careers for all our people; we believe that this emphasis sets us apart from our competitors. We are defined by our ethos and by our goal:

Our ethos is an individual and collective commitment achieved through carefully balancing responsibility with freedom and flexibility, all of which is underpinned by a willingness to work interdependently. When we get this balance right, it is how we do our best work. Our goal is to provide interesting, worthwhile, and healthy careers for our people.

About You

Within our Pensions Projects team, we are hiring a Pensions Administrator who wants the opportunity to carve out a successful role within an award-winning and growing organisation. We are looking for candidates who are ambitious and enjoy working with people. You should thrive on solving complex problems and be interested in the financial services/pensions industry and areas affecting it. You will be well organised and proactive, calm under pressure, and can communicate effectively (written and verbal).

You will enjoy working in a challenging environment in which you can develop both personally and professionally. You will be a conscientious individual with exceptional attention to detail, with a passion for delivering a quality product to our customers. You will have the ability to build strong relationships internally and externally and work to demanding deadlines and targets.

Responsibilities & Criteria

As a Pensions Administrator within our projects team, you will play a crucial part in the delivery of pension projects. You would be involved in a variety of projects including:

  1. Benefit audit analysis & rectification work
  2. Data analysis and rectification
  3. GMP reconciliation, rectification and equalisation
  4. Legal reviews such as benefit specification and equalisation advice
  5. Data transfer to the Pension Protection Fund or insurance companies
  6. Manage and maintain member records
  7. Involved in the day-to-day administration of the scheme

You will build a portfolio of clients to which you will manage and deliver projects, ensuring they are completed to the highest standards, within the service levels. You will work closely with team members, Trustees of pension schemes, PPF, insurance companies, and other third parties. You may be involved in scheme calculation testing on our system as well as acting as support for other team members.

Key Criteria

  • Broad pension's technical knowledge, with at least three years' experience working in a Defined Benefit pension administration environment and with a detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation, and codes of practice.
  • Knowledge of systems e.g. Microsoft Office/ Windows applications.
  • Experience in managing ad-hoc and annual pension projects
  • Excellent communication skills both written and oral with the ability to articulate and communicate current and relevant issues to scheme members; pension trustees; and other relevant third parties.
  • Experience of working proactively and using own initiative to complete tasks.
  • The ability to perform in a fast-moving environment providing excellent service to clients and third parties with a desire to succeed at accomplishing challenging objectives.

Desirable Criteria

  • Knowledge of and experience with GMP Reconciliation / Equalisation calculations
  • Practical knowledge of the Pension Protection Fund (PPF)

Circumstances

Working hours: Monday to Friday, 37.5 hours per week with additional hours as and when required.
Location: UK-wide with opportunity available in Belfast, Manchester or Glasgow.
All roles are subject to a six-month probationary period and all prospective employees are required to complete an Access NI check. As part of the pre-hire process, the successful candidate will be subject to reference checking security vetting.

3173 is an Equal Opportunity Employer.

Applying with a disability or long-term health condition? As part of our belief that we benefit from the differences among us, we are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. As part of this commitment, we guarantee to automatically interview anyone with a disability who meets the minimum criteria. If there is support or an adjustment that we can provide to enable you to be at your best during the recruitment and selection process, we encourage you to advise us in good time so that we may make suitable arrangements. We understand that being open with us may feel uncomfortable so please only share with us the information that you are comfortable to share, and rest assured that we will use this only to provide you with the right support. Any information you give us will be treated completely confidentially. To discuss this further please call 028 9041 2000 and ask to speak to a member of the People & Culture team.

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