About the role
At Tesco, we believe in the power of spending more time together, face to face, than apart. So, during your working week, you can expect to spend 60% of your time in one of our office locations or local sites and the rest remotely. We also recognise that life looks a little different for each of us. Some people are at the start of their careers, some want the freedom to do the things they love. Others are going through life-changing moments like becoming a carer, nearing retirement, adapting to parenthood, or something else. That’s why at Tesco, we always welcome a conversation about flexible working. So, talk to us throughout your application about how we can support.
You will be responsible for supporting the Administration team in delivering technical administration cases and calculations across a defined Benefit Scheme
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.
* Supporting the 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)
#LI-FC
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What’s in it for you
We’re all about the little helps. That’s why we make sure our Tesco colleague benefits package takes care of you – both in and out of work. Click Here to find out more!
* Annual bonus scheme of up to 10% of base salary
* Holiday starting at 25 days plus a personal day (plus Bank holidays)
* 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 6 weeks fully paid paternity leave
* 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
About us
Tesco has become a market leader by doing the little things that really matter for our customers and colleagues.
It’s part of what makes Tesco such a great place to work, and we’re proud to have been accredited as one of Britain’s Top Employers again this year.
We're the UK's number one retailer and we pride ourselves on offering a great shopping experience. We are passionate about our food, merchandise and services and will always try to get things right for our customers.
But did you know we also offer great job opportunities? With stores, distribution centres and offices across the UK, and a vast variety of roles, we are always looking for people who have a hunger to work with customers and colleagues across our exciting business.
We believe in treating each other with respect and giving everyone an equal opportunity to get on. It's our people that make the difference every day - helping us make a difference for our customers
Should you be successful in your application, your offer will be subject to and conditional upon you providing your bank account details before your agreed start date.
For more information about us please visit
Proud member of the Disability Confident employer scheme
Disability Confident
About Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident .