The DB Senior Pensions Administrator role is responsible for checking all day to day operational tasks such as member queries, monthly funding, reinsurance reporting and data validation.
Responsibilities will include supporting and working with JLT on day to day matters to do with our DB business. The role will also include supporting the DB Transition Managers with their administrative matters such as checking the payroll calendars and the annual payroll for new schemes.
•DB policy administration as required, working with JLT, including dealing with member queries and complaints
•Check payroll calendar for DB portfolio of schemes ensuring Finance are kept up to date with new Client payment requirements
•Check payroll recs ensuring reports are issued to clients within agreed timescales and payments are made and confirmed to the client and JLT as expected
•Check the monthly reinsurance reporting, ensuring reports are issued to RGA and payments are made in line with the reinsurance Treaty and confirm payments are made to RGA
•Undertake TPA audits and Operational audits of JLT and incumbent administrators
•Maintain operational MI including JLT performance tracking and new scheme tracker
•Check monthly tasks are completed as per work scheduler including checking of the reconciliation of Valuations data before sending to actuarial reporting, provision of monthly payment details to Finance
•Oversee the provision of scheme factors and transfer values (including Trivial payments) to TPAs for the issue of member quotations and settlement of benefits ensuring internal SLA’s are maintained
•Track and complete any agreed trustee reporting ensuring delivery to agreed dates
•Oversee the quarterly mortality screening to ensure the results are coorinated between JR Ops, trustees and JLT and completed in a timely basis
•Produce PowerPoint presentation material for Operations team using a consistent format and ensuring everything is in the current JR brand this will include owing Operation slides for trustee presentations
•Support transition team on new schemes checking routine admin work including completion of payroll calendars, and the annual payroll approval
•Complete trustee anti money laundering and new scheme “know your customer” checks during the contract phase of the transaction
•Prioritise daily tasks for self and administrators as appropriate and communicate with other team members to ensure delivery key business priorities