Job Description Template - Xafinity

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The Xafinity Punter Southall business combines expertise, insight and technology to address the needs of both pension tr
Job Title & Reference Number

Trainee DC Pensions Administrator (Ref: 013/18)

Business Area/Department

Pensions Administration

Location

Phoenix House, Reading

Band (Pensions Admin roles only)

2

Employment Status

Permanent

About the Company

Xafinity Punter Southall is the largest pure pensions consultancy in the UK, specialising in pensions actuarial, investment consulting and administration, with revenues of over £110 million. The Xafinity Punter Southall business combines expertise, insight and technology to address the needs of both pension trustees and sponsoring companies for over 1,200 pension schemes, including 25 with over £1bn assets, and undertakes pensions administration for over 500,000 scheme members. We have over 900 employees and offices in 15 locations across the UK. The business floated on the London Stock Exchange in February 2017.

About the Business Area/Department

Xafinity provide a market leading pensions administration service across the full range of final salary and money purchase scheme options. The client tailored service is web enabled and provides online access to members, trustees and sponsoring employees. We are committed to providing a quality administration service to all our clients, both large and small.

About the Role

Opportunities have arisen for a Trainee Pensions Administrator to work on DC schemes. The role will focus on traditional administration and processing of DC schemes along with various other projects that may arise.

Main duties and responsibilities • • • •

• • • • • • •

Processing of monthly contributions and investments Calculation and payment of scheme benefits in accordance with the Rules Maintenance of membership records and other documentation Understanding and application of benefits structures, Trust Deed and Rules, Inland Revenue guidance notes, PSO and Disclosure requirements Project work as directed by Team Leader or Manager Liaison Providers, Pension Payroll, Members and third parties Provision of technical information both verbally and in writing Completing updates to the database to ensure that records are accurately maintained Dealing confidently with member enquiries by phone, email and letter Providing general support to the Administration team Ensuring that work is prioritised correctly so that target dates are met

Making Sense of Pensions

Job Requirements • • • • • • • • •

Able to demonstrate ownership, responsibility and accountability for self Be organised, methodical and logical in approach to delegated responsibilities Has high standards, excellent quality and customer responsiveness Able to plan and then be flexible with that plan Be proactive, having drive and commitment Able to communicate effectively Has a can do attitude and takes pride in work Pays attention to detail Computer literate in the use of MS Office products, such as Excel and Word

• • • • • •

Good decision maker, able to recognise the impact of decision, having good judgement A problem solver, dealing with practical, people and political problems Has high standards, excellent quality and customer responsiveness Is proactive, having drive and commitment Able to communicate effectively Can do attitude and takes pride in work

Desirable

Additional Details

We offer an attractive reward package, typical benefits can include: • • • • • • • •

Competitive salary Participation in Discretionary Bonus Scheme 23 days holiday, rising to 25 days after two years’ service Pension Plan Flexible Benefits Scheme to support you in and out of work, helping you look after you and your family covering Security & Protection, Health & Wellbeing, Lifestyle Life Assurance cover Xafinity Rewards (offers discounts and savings from retailers and services providers as well as offers available via phone) Interest free season ticket loan

Xafinity is an equal opportunities employer and positively encourages application from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief.

How to apply

Please email a copy of your CV and covering letter, quoting the vacancy reference number and job title to [email protected].

Making Sense of Pensions