Senior Pensions Administration Support 40644

Job ID:40644
Location:London : 71 Fenchurch Street
Position Category:Finance
Position Type:Employee Fixed Term

Senior Pensions Administration Support

Lloyds Register

Location: London (fixed term)

What were looking for

We are seeking the individual who will provide high level administrative support for the Group Pensions team against defined procedures with autonomy over workload to meet business needs. The person will undertake a wide range of administrative activities and resolves queries which includes providing detailed and complex calculations for international benefit schemes. Responsible for delivering a high standard of service to members of international LR Group Retirement Benefit arrangements and UK pension arrangements if required. This involves calculating several types of benefits managing data and ensuring processes are adequate and accurate alongside identifying and implementing process improvements for a more streamlined service. Being able to communicate benefits to members/HR in a professional manner with an intermediate level of knowledge to answer queries. Assistance in producing monitoring and reconciling data for the UK pension scheme.

What we offer you

The opportunity to work for an organization that has a strong sense of purpose is values driven and helps colleagues to develop professionally and personally through our range of people development programs.

As we are looking for your professionals with their first experience in the field we offer training and solid job knowledge transfer.

The role is in hybrid model with flexible working time.

The role

Key responsibilities:

• Responsible for overseas pension administration processes
• Completion of accurate and timely manual benefit calculations.
• Providing accurate and professional assistance to members of international pension schemes covering a wide range of pensions knowledge and ensuring a high level of confidentially is maintained in all aspects.
• Coordinating processes with other LR internal departments to ensure best practice is followed.
• Accountable for arranging payment of all pension benefits. Integrating with other internal departments (notably HR and payroll) where necessary to ensure that the impacts of decisions made are fully understood.
• IPP monthly confirmation of members and payments through online system.
• Processing invoices and expenses.

• Data reconciliation and processing of relevant queries for all UK and international pension schemes.
• XPS monthly administration calls to ensure good governance of external administrators and undertaking actions as required.
• Accountable for making decisions and recommendations following the monitoring and calculation of statutory contributions and benefit limits and the liaison with other internal departments where necessary.
• Validation of data to ensure correct records are held following the analysis of data supplied by internal and external sources.
• Reviewing and implementing changes to pensions communications as when requested.
• Generating system reports and carrying out monthly contribution/membership data reconciliations to ensure that UK scheme records are updated and correct contributions are being paid. Liaising with other internal departments and suppliers where necessary to ensure the impact of errors made is fully understood and correction processes agreed. Updating contribution changes files received through Lifelens and provide information to Payroll by payroll close to make sure they amend their records. Responsible for contribution payments for schemes GMT Digital legacy AVC and LRSFA scheme.
• Support with pension projects/Trustee meetings as and when required. This will involve arranging meetings managing and communicating to all stakeholders involved in projects and keeping updated project documentation in line with LR project management standards were required.
• Special Projects to undertake or provide assistance in special projects undertaken by the Group pensions Department (e.g. acquisitions and disposals)

You are someone who:

• works independently
• has a quick pace of work
• is able to be above the processes and thinks outside the box
• is collaborative
• has pension and administration background

About us

We are a leading international technical professional service provider and a leader in classification compliance and consultancy services to the marine and offshore industry a trusted advisor to our customers helping to design construct and operate their assets to the highest levels of safety and performance. We are shaping the industrys future through the development of novel and innovative technology for the next generation of assets while continuing to deliver solutions for our customers every day.

Be a part of

Lloyds Register is wholly owned by the Lloyds Register Foundation a politically and financially independent global charity that aims to engineer a safer world through promoting safety and education. For a thriving ocean economy Lloyds Register colleagues and Lloyds Register Foundation work together to fund research foster industry collaboration and develop actionoriented solutions to make the world a safer place.

Want to apply.

Here at Lloyds Register we care we share and we do the right thing in every situation. Its ingrained in our culture and everything we do. We are committed and continually strive to lead with our values that empower and enable an inclusive environment conducive to your growth development and engagement. It doesnt matter who you are what you have experienced how you identify how old you are where you are from what your beliefs are or how your brain or body works the diversity of our colleagues is fundamental to our futures and the changes we can make together. Our inclusive culture allows us to connect together authentically and to be courageous and bold. We dont just talk about our differences we celebrate them!

We are committed to making all stages of our recruitment process accessible to all candidates. Please let us know if you need any assistance or reasonable adjustments throughout your application and we will do everything we possibly can to support you.

If you dont tick every box in these ads please dont rule yourself out. We focus on hiring people who share our goal of working together for a safer sustainable thriving ocean economy.

We care we share we do the right thing.

If you have further questions about this role please contact us atand we will respond to you as soon as possible.

Diversity and Inclusion at Lloyds Register:

Together we are one Lloyds Register committed to developing an inclusive and safe workplace that embraces and celebrates diversity. We strive to ensure that all applicants to LR experience equality of opportunity and fair treatment because we believe it is the right thing to do. We hope you do too.

As a Disability Confident Committed Employer we have committed to:

• ensure our recruitment process is inclusive and accessible.
• communicating and promoting vacanciesoffering an interview to disabled people who meet the minimum criteriafor the job.
• anticipating and providing reasonable adjustments as required
• supporting any existing employee who acquires a disability or longtermhealth condition enabling them to stay in work.
• at least one activity that will make a difference for disabled people.

Find out more about Disability Confident at: Copyright Lloyds Register 2024. All rights reserved.Terms of use..

The Lloyds Register Group comprises charities and noncharitable companies with the latter supporting the charities in their main goal of enhancing the safety of life and property at sea on land and in the air for the benefit of the public and the environment. Group entities.