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Project Analyst - Pensions. £ highly competitive

Date: 12 Nov 2020
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £30000 - 39000 per annum
Email: brian@taylorjamesresourcing.com
Ref: BT22

Project Analyst - Pensions. £ highly competitive

This leading, multi-award winning pensions consultancy is experiencing exceptional growth and as a result of this is looking for an number of project analysts with pensions exposure.

The Pension Administration Project team are working on a number of high profile projects, including on-going scheme management tasks, buy-out, equalisation, Annual Allowance, one-off increases, Scheme Specific Data Reporting and Reconciliations/Rectifications.

Main duties and responsibilities

Use of HMRC Shared Workspace and various Pension Administration Systems.

Preparing, submitting and receiving data.

Manipulating spreadsheet data in order to undertake analysis.

Completion and review of calculations for pension benefit data both manually and spreadsheet based.

Revaluing and devaluing pension benefit data to ascertain any under or overpayment values, reporting results to clients to consider rectification actions.

Undertake and review rectification actions to member benefits and issue communications.

Dealing confidently with HMRC, Clients, Scheme Actuaries, Scheme Administrators, Consultants, Pension Accounts/Payroll, Members and third parties by phone, email and letter.

Ensuring bulk updates to the database are accurately maintained.

Ensuring that work is prioritised correctly so that target dates are met.

Complete project scope and costing of project at the outset, ensuring costs are adhered to.

Monitoring and completion of monthly and annual tasks

Working in conjunction with other team members to complete ad-hoc projects.

Training of other team members

Assisting less experienced team members

Understanding and application of benefit structures, Trust Deed & Rules, Inland Revenue guidance notes, PSO, Disclosure requirements

Provision of technical information both verbally and in writing

Checking and authorising project work

Providing general support to the deputy/ team manager

This role is likely to appeal to individuals with a minimum of 5 years’ experience in a similar role dealing with DB pension schemes although not exclusive as all applications will be considered on an individual basis.

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