About the role
You will be responsible for supporting the Administration team in delivering technical administration cases and calculations across a defined Benefit Scheme
The Hiring Manager for this vacancy is Anita Watkins
You will be responsible for
* Completing calculations and managing correspondence for members ensuring that they are completed within SLA.
* Completing calculations and managing correspondence for high earners including legislative controls for protection.
* Completing QA checks on colleague communications from a pension technical and legislative perspective.
* Updating and reconciling of worklists to ensure compliance.
* Reviewing transfer cases ensuring compliance with regulations.
* Responding to email correspondence and management of team email inboxes.
* Assisting auditors with any queries they may have during the annual audit.
* Completing and reviewing complex member calculations ensuring all calculation SLA's are maintained.
* Reviewing complaint/Historic pension transfer cases Authorisation of daily payments.
* Supporting all processes to maintain compliance and minimise escalations and complaints.
* Providing support and testing for cyclic projects and key projects.
* Support team in PMI exams Taking the initiative to improve processes and drive efficiency.
You will need
* Experience within DB Pension Scheme administration
* Experience either in-house or Third Party
* Administration experience of technical benefit calculations
* Up to date knowledge of UK Pensions legislation
* Prioritisation and time management
* Communication skills - written and verbal
* Strong Team work ethic and willingness to help
* To be highly motivated and keen to learn
* To be highly numerate and analytical
* UK Pension Scheme knowledge
* Microsoft Office knowledge (Excel, Word, Powerpoint, Access)
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What’s in it for you
We’re all about the little helps. That’s why we give our wonderful colleagues bags of benefits. Including wellbeing services, an award-winning pension scheme and much, much more, our colleague reward package keeps on giving. And helps make every day a little better for you and your family. These include but are not limited to:
* Colleague bonus scheme
* Holiday starting at 25 days plus a personal day (plus Bank holidays)
* Buy holiday salary sacrifice scheme (for salaried roles)
* Retirement savings plan - save between 4% and 7.5% and Tesco will match your contribution
* Life Assurance - 5 x contractual pay
* 26 weeks maternity and adoption leave (after 1 years’ service) at full pay, followed by 13 weeks of Statutory Maternity Pay or Statutory Adoption Pay, we also offer 4 weeks fully paid paternity leave
* The right to request flexible working from your first day with us
* Free 24/7 virtual GP service, Employee Assistance Programme (EAP) for you and your family, free access to a range of experts to support your mental wellbeing
* A Colleague Clubcard for you & a family member (after 3 months of service), giving you access to lots of discounts in-store & online
* Great colleague deals and discounts, saving you money on everyday purchases, eating out and utility bills for the home
* Access to our colleague networks providing a space for colleagues to come together from a range of backgrounds. For more information about our colleague networks please click here
* Opportunities to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want
Click Here to read more about the full range of benefits we have available for our colleagues
About us
Our vision at Tesco is to become every customer's favourite way to shop, whether they are at home or out on the move. Our core purpose is ‘Serving our customers, communities and planet a little better every day’. Serving means more than a transactional relationship with our customers. It means acting as a responsible and sustainable business for all stakeholders, for the communities we are part of and for the planet.
We are proud to have an inclusive culture at Tesco where everyone truly feels able to be themselves. At Tesco, we not only celebrate diversity, but recognise the value and opportunity it brings. We're committed to creating a workplace where differences are valued, and make sure that all colleagues are given the same opportunities. We’re proud to have been accredited Disability Confident Leader and we’re committed to providing a fully inclusive and accessible recruitment process. For further information on the accessibility support we can offer, please click here .
We’re a big business and we can offer a range of diverse full-time & part-time working patterns across our many business areas, which means that we can find something that works for you. We work in a more blended pattern - combining office and remote working. Our offices will continue to be where we connect, collaborate and innovate. If you are applying internally, please speak to the Hiring Manager about how this can work for you - Everyone is welcome at Tesco.