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Pensions Administrator - Manchester


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BUCK - A 102-year-old firm that is JUST GETTING STARTED.

Pensions Administrator - Pensions Operations - Manchester

About Buck:

At Buck we offer market leading Pensions Administration solutions across Defined Benefits (DB) and Defined Contribution (DC) schemes to a wide portfolio of clients.

Our web-based and mobile-first platform provides participants with an enhanced retirement planning and readiness tools, as well as access to pension statements and a comprehensive resource library.

Our integrated administration platform includes case management, document management, and ad-hoc reporting to provide administrative staff with the productivity and efficiency tools they need to get the job done.

Your responsibilities:

As an experienced Pensions Administrator, you will be responsible for administering a number of corporate Defined Benefits (DB) and Defined Contribution (DC) pension schemes in accordance with our client's requirements to the desired standards and deadlines, including calculations, managing client communications, developing and organising reports, among other key tasks.

Key Duties:

- Carry out pension administration tasks and calculations accurately and in accordance with internal processes and company policies, adhering to procedures and standards regarding work and conduct;

- Attendance at Trustee and ad hoc client meetings, including new business presentations as required;

- Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;

- Management of investment of contributions;

- Management of trustee bank accounts including reconciliation and cashflow;

- Management of pensioner payrolls, pension increases and ensure the annual notification of the lifetime allowance used is notified to pensioners in a timely manner;

- Monitor transactional activity for Tariff and Fixed fee clients and ensure regular financial information provided to billing manager to ensure work is invoiced in line with the administration client service agreement accurately and in a timely manner;

- Management of unit reconciliations/lifestyle switches;

- Assisting team members as required and provide support to Team Leader / Operations Leader including deputising in their absence;

- Carry out such other duties and take on additional responsibilities as may be agreed from time to time.


- Proven experience of Defined benefits (DB) and/or Defined Contribution pension scheme administration;

- Prove experience carrying out complex final salary pension's calculations;

- The ability to process collect and input data and information as delegated;

- Ability to priorities workload, keeping to deadlines and disclosure requirements;

- Information Technology literate - in the use of Office Systems, e.g. Microsoft Office for word processing, spreadsheets, database and presentations;

- Ideally QPA or PMI qualified or willing to study towards relevant qualifications;

- Good understanding of various codes of professional ethics and standards as promulgated by the PMI.

Why Buck:

As an established company with a start up mentality we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.

What we offer:

- Highly competitive salary;

- Minimum 25 days annual leave (excluding Bank holidays) with the option to purchase additional (10 days) or sell back (5 days);

- Private Medical cover including partner / spouse and children;

- Excellent Defined Contribution pension provisions;

- Comprehensive Life Assurance coverage;

- Company bonus scheme;

- Interest free season ticket loan;

- Gym subsidy;

- Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering; additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Health screening, Critical Illness cover plus many more.

At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.

We are exclusively focused on helping our clients and their people succeed together. By this, we mean we're partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we're doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.




- Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

- Functional Expert: Considered a thought leader on a subject

- Team Player: Works well as a member of a group



- Growth Opportunities: Inspired to perform well by the chance to take on more responsibility

- Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization

- Financial: Inspired to perform well by monetary reimbursement



- High School or better



- 2-5 years: Pensions administration

- 2-3 years: Pensions calculation

- 2-5 years: Defined benefits

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