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Job Location | Leicester |
Education | Not Mentioned |
Salary | 24,000 - 26,000 per annum |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Permanent , full-time |
Pensions AdministratorLocation: LeicesterSalary: £24,000-£26,000 DOEHours: Full time, Monday to Friday 9-5:15pm with 1 hour lunch breakPermanent VacancyAre you an experience SIPP and/or SSAS pensions administrator, looking for a new challenge Do you have exceptional mathematical skills Would you like to have the opportunity to further develop your professional qualifications whilst in a permanent role Ifso, this role is for you!Flowers Associates are currently recruiting for an experienced Pensions Administrator with a proven track record of dealing with high profile SIPP and/or SSAS clientele, excellent customer service skills and the ability to prioritise workflow, to join the SIPP/SSASAdministration Team of a Financial Services Company based in Leicester.This reputable, supportive company offer the unique opportunity for the pensions administrator to study a range of Chartered Insurance Institute qualifications, paid for by the company with mentor support and additional time off for exams.The Role:To undertake all aspects of the administration for a portfolio of high-profile SIPP/SSAS Clientele.The successful Pensions Administrator will be responsible for but not limited to the following duties: Manage and prioritise own workflow and outstanding tasks, whilst maintaining a full and efficient diary system Communicate with clients, financial Advisors, Solicitors, Accounts, HM Revenue and Customs, Fund Managers, Insurance Companies and other professional connected by letter, telephone, email, and fax with the occasional attendance at client meetings with a seniorcolleague when required Develop and maintain an understanding of current pensions legislation as well as compliance with HMRC, legislative and internal procedures Have an awareness of and be compliant with FCA regulations, Anti money laundering and Data protection issues Establish new schemes, application form process, cancellation notices and waiver forms, anti-money laundering documentation, trust deeds, expression of wish forms, opening and maintain bank accounts as well as maintain computer records and paper files Generate invoice requests and assist the accounts department with fee collection where necessary Maintain and update records regarding; member details, asset details, contribution details, transfer, and transactions details, etc Deal with contributions and tax refunds through standing orders for regular contributions, annual allowances, evidence of earnings, etc Purchase and sale of assets; banking of cheques, completion of cheque ledger, reconciliation of bank accounts, shares, property and borrowing, loan backs, etc Property purchase; single/joint/part purchase, feasibility study, borrowing calculations, liaising with solicitors and mortgage providers, etc Illustrations and Valuations; Annual valuation (SSAS), Statutory Money Purchase Illustration (SIPP), COBS 19.4 illustrations (SIPP) Transfers in and outprotected rights and no protected rights Benefits; retirement and death benefit calculations, lifetime allowance checks, pension reviews, etc Reporting; registering new schemes with HMRC (SSAS) Assist with collation of information for HMRC of the following: event reports, accounting for tax returns, pensions scheme returns, self-assessment tax return SSAS Deeds SIPP Deeds Scheme closure activities of transfers out of scheme, winding up scheme Pensions and divorce; pension sharing and earmarkingThe ideal CandidateDisplay a proven track record of dealing professionally with SIPP and/or SASS clientele with previous experience in an office bases setting, working collaboratively with other pensions administrators. The ideal candidate will be highly organised and methodicalwith exceptional mathematical skills. It is required that the experienced pensions administrator can monitor their own workflow and prioritise outstanding work with excellent time management skills.Finally, the ideal candidate will have proven, strong IT skills, Microsoft package knowledge such as Excel to formula, pivot table and v-look up level. If this sounds like you then please apply!Employee Benefits: 4x death in service Holidays: 25 days plus bank holidays, increasing by 1 day after 3, 5, 7, 10 and 15 years, each year to max 30 days holiday Contribution to a group pension scheme of up to 6% Study package available Hybrid working is on offer once competent within the role/passed a successful probation period (depending on candidates abilities) Accessible via public transport and located within the City Centre