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About the Role

Join our pension's administration department as a committed professional dedicated to providing clients with the best possible service. This role offers variety in daily tasks and opportunities for career development, including taking on more client responsibility, gaining a sense of ownership, and professional growth with comprehensive training and qualification support.

Responsibilities

• Perform benefit calculations manually, using proformas, or via the pension administration system.
• Process individual cases by following checklists and procedures.
• Ensure appropriate authorization is obtained before releasing information.
• Prepare bulk mailings for annual newsletters, pension increases, etc.
• Communicate with members and third parties.
• Acquire and apply client knowledge through daily work, colleague interactions, and reference materials.
• Differentiate between scheme-specific and general procedures.
• Ensure compliance with LCP procedures for all cases.
• Stay updated on legislative changes.
• Understand preservation, statutory increases, contracting-out (including GMPs), and the current pensions tax regime.
• Draft non-standard letters as needed.
• Identify non-standard cases, such as part-timers.
• Adhere to General Data Protection Regulations at all times.

Requirements

• Experience administering DB (defined benefit) pension schemes.
• Working towards or undertaking training courses and exams for Award in Pensions Essentials (APE) and Certificate in Pensions Calculations (CPC).
• Excellent organizational and attention to detail skills.
• Ability to work independently and as part of a team.
• Maintain a high standard of professionalism.
• Flexibility in hours and duties.
• Commitment and eagerness to learn.

Skills

• Pensions administration
• Benefit calculations
• DB scheme administration
• Communication
• Organization
• Attention to detail
• Professionalism
• Adaptability

Location

• Winchester
• London

Work Type

• Hybrid working

Experience Level

• Assistant level

Education Level

• A level, degree level or equivalent

Benefits

• Hybrid working
• Professional study support
• Access to internal Wellbeing, LGBTQ+, Multicultural and Women’s networks
• Life assurance
• Income protection
• Enhanced maternity/paternity/adoption and shared parental leave
• 26 days annual leave plus bank holidays
• Options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships
• Critical illness insurance
• Dental insurance
• Cycle to work scheme
• Digital GP services
• Competitive pension scheme
• Discretionary bonus scheme
• High street discounts
• Season ticket loans
• Volunteering opportunities
• Electric vehicle salary sacrifice scheme

About the Company

• LCP helps clients make informed decisions using insightful analysis, industry expertise, and technology.
• LCP is a multi-award winning, fun, collaborative, people-first organization.

Equal Opportunity

• We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
• LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - to discuss how we can support you with your application.