Join this well-regarded specialist Pensions Administration firm who are looking for a pensions administrator to manage a mixed portfolio of SIPP / SSAS schemes.
The company has vast experience of providing Small Self-Administered Schemes (SSAS) and Self Invested Personal Pensions (SIPP), and proud to be an independent trustee who offer their own SSAS and SIPP plans.
About You
You will have some experience of Pension administration and demonstrate the following core competencies:
Desire to improve skills and knowledge of the industry
Good personal organisational skills with the ability to prioritise their own workload
Proactive, enthusiastic and driven approach
Analytical with good attention to detail
Works well under pressure
Ability to work to prescribed deadlines
Clear concise communication skills at all levels
A positive attitude to client care
The Package
Competitive salary, depending on experience.
Group Pension scheme.
Employee Assistance Programme.
25 days holiday plus Bank Holiday.
4 x Death in Service.
The Role and Responsibilities
Responsible for the day-to-day administration of a portfolio of SSAS schemes under the guidance of a Team Manager, Head of Pension Administration and other Senior Managers. Responsibilities include:
Electronic filing; telephone call recording; keeping the database up to date; transaction / asset entry; effective use of Worklog to manage workflow / work priorities
Processing all investment types in full, from cash investments to complex property purchases (including VAT; borrowing) / loan backs and everything in between
Establishing New Schemes – File set up (electronic & paper); inputting of scheme onto the database; registering scheme with HMRC; establishing bank account; registering with ICO/Pensions Regulator
Legal Entity Identifier – registrations and renewals
Attendance at client meetings where necessary
Benefit Calculations / Payment of PCLS & Death Benefits. Transfers In / Out
Scheme Wind Up / Loss to Another Provider
SSAS Takeovers – dealing with all aspects
Submitting HMRC Pension Scheme Returns
Customer Service – effective communication with clients / IFA’s / solicitors / accountants / HMRC / investment providers and other professional connections and colleagues
Sound knowledge of existing pensions legislation as it applies to SSAS’s
Awareness of and compliance with GDPR and AML requirements
Assisting Team Manager and other Team Colleagues as required with annual leave cover
Administration of SIPPs
Work closely with the SIPP Team Leader, Management and Financial Consultants to deliver the highest possible standard of service to clients and their advisers
Ensure that all relevant work received is recorded in the SIPP Pro Worklog using the appropriate task types. Update the system using appropriate notes to reflect the work undertaken and when the task is complete update accordingly
Process contributions and transfers into existing SIPPs
Monitor SIPP bank accounts to ensure that funds are invested when necessary and that sufficient cash is retained to pay fees, adviser remuneration and income payments
Process new investments ensuring that they are approved and permitted investments
Arrange surrenders of investments where appropriate
Assist team members to undertake property and land purchases
Ensuring that rent reviews, lease expiries and insurance renewals are dealt
Prepare drawdown calculations in accordance with internal procedures and guidelines
Prepare SIPP asset valuations
Administer a small scheme allocation with guidance to aid progression
Attend regular team meetings and contribute feedback and ideas
Ensure that tasks personally allocated on the SIPP Pro Worklog are monitored and updated
Pensions Administrator (SIPP / SSAS) (JR-1842)
Join this well-regarded specialist Pensions Administration firm who are looking for a pensions administrator to manage a mixed portfolio of SIPP / SSAS schemes.
The company has vast experience of providing Small Self-Administered Schemes (SSAS) and Self Invested Personal Pensions (SIPP), and proud to be an independent trustee who offer their own SSAS and SIPP plans.
About You
You will have some experience of Pension administration and demonstrate the following core competencies:
The Package
The Role and Responsibilities
Responsible for the day-to-day administration of a portfolio of SSAS schemes under the guidance of a Team Manager, Head of Pension Administration and other Senior Managers. Responsibilities include:
Administration of SIPPs
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