Job Purpose:
To maintain and improve data quality and integrity through carrying out regular data cleaning exercises and checking routines.
To Liaise with employers to ensure monthly data collection files are received from the pension schemes administered by LPP in a timely manner.

To undertake bulk data exercises to assist and support the Pensions Data Manager in the production and distribution of annual benefit statements in respect of all of the pension schemes administered by LPP within statutory deadlines.

To effectively support the Pensions Data Team Leader in the management and administration of pension scheme member data

Key Accountabilities:

• Manage own workload and task lists to ensure deadlines, data quality targets and performance targets are met.
• Maintain member records to ensure all data and data entry is relevant and accurate, including but not restricted to active and deferred member changes, including;
• Interfacing admissions (new starters), personal changes, changes of hours, scheme movements, notification of absence, opt outs, requesting transfers-in.
• Validate data submissions effectively and promptly in line with relevant deadlines
• Producing and distributing annual benefit statements to the active and deferred membership of the pension schemes under administration
• Preparation of data for the actuarial valuation of all of the pension schemes administered, including preparation and provision of financial information relating to ISA19 accounting requirements
• Provision of specific financial information relating to pensions recharges and pension strain.
• Managing ad hoc projects and preparing various reports as required.
• Liaising with scheme employers in respect of data management issues and the submission of monthly data files
• Being aware of and having an understanding of the regulations relating to the pensions schemes under administration as well as overriding pension legislation.
• Treat information security with the upmost respect, dealing appropriately with sensitive and confidential information within Service protocol/guidelines
• Support service provision as appropriate undertaking other duties commensurate with the post.

Person Specification:

• Significant practical working experience in a financial/pensions environment
• Proven ability to work effectively on own initiative as well as being an effective team

• player, promoting positive behaviour and attitudes, working flexibly, whilst at all times developing and maintaining good working relationship within the team and the service as a whole.
• Proven ability to undertake detailed mathematical calculations accurately.
• Demonstrable ability to work accurately and to deadlines
• Good working knowledge of legislation, regulation, conditions, software, systems and processes relevant to pension payroll and pension administration.
• Ability to use excel at an advanced level, including the ability to use macros and pivot tables.
• Good statistical and analytical skills, including good report writing skills.
• The ability to communicate effectively at all levels, including the ability to communicate complex issues, possessing excellent communication skills.
• Commitment to providing a good customer service at all times.
• Maintain an understanding and actively support LPP’s equality programme, both internally and externally, along with all other corporate policy initiatives, including maintaining an understanding of the breadth of the diversity agenda and embedding good practice.

In return (-%In return)

• The starting salary is £23,000 and dependent on experience, with previous pensions administration experience attracting a higher salary.
• We offer 25 days’ holiday (plus Bank Holidays and additional concessionary days). We operate on a 37-hour working week, with flexibility in working pattern for the right candidate
• Access to an excellent pension scheme with generous employer contributions
• We have a friendly and sociable work culture whilst providing an environment of continuous personal and professional development to support employees in reaching their full potential
• We operate a hybrid working model and for some roles can offer these on a full-time home working basis. For others, occasional days in the head office in Preston, Lancashire will be expected.

Location : Preston • Hybrid remote

Closing Date : 3/21/2023

HOW TO APPLY

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