Senior GMPe Administrator
This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.
The vacancy
Role Purpose
To assist in the rectification and equalisation of GMPs. Responsibilities will include preparing and analysing data, calculations and letters/reports for review by colleagues, and system updates
Key Accountabilities
Working closely with the administration teams, you will be actively involved in all aspects of GMP reconciliation and equalisation work.
You will have a background in GMP reconciliation and/or scheme administration and will possess a keen eye for detail. You will have a methodical and logical approach to your work and possess project management skills, which will enable you to control the process and deliver accurate and efficient results.
You will be adept at performing pension scheme calculations, and also have the following experience:
- An understanding of the GMP Reconciliation process in terms of how it works and what it aims to achieve
- An understanding of how to use HMRC’s Shared Workspace tool
- An understanding of how a GMP is formed and the various revaluations attached to a GMP
- A good understanding of Excel
As part of any rectification/equalisation work agreed with clients and as directed by managers
you will be required to:
- maintain membership records on the administration system.
- calculate benefits for members.
- deal with queries from members, the employer and the trustees by telephone, email and letter.
- liaise closely with consultants and the administration teams, as required.
- index and file client documentation.
- adhere at all times to all relevant practice and procedures.
- monitor target dates on the work log system to ensure service level standards are met
- update time records on the work log system and/or other system on a daily basis.
- be flexible and provide such other support as would be reasonably expected within the role.
- To ensure that all work that leaves the team is accurate and of a high standard
- To attend Trustee meetings and other client meetings as required
Technical Knowledge and Professional Qualifications
Key Skills
- Good communication skills both verbal and written
- Ability to work on own as well as a member of a team
- Analytical and numerical ability – able to analyse, evaluate and interpret data
- Ability to multi-task
- Ability to prioritise workloads and deal with any urgent issues that arise
- Experience of supervising and mentoring junior staff
- Delegation skills – able to distribute work to others
- Ability to identify solutions
Required
- Educated to A Level standard (or equivalent)
- GMP and/or pension scheme administration
Recommended
- Willing to study for relevant professional qualifications
Overarching Obligations
- Adhere to all relevant laws & regulations, and Broadstone Policies & Procedures
- Achieve a good standard of ethical behaviour, i.e. do the right thing at all times
- Comply with all relevant professional standards
- Comply with the FCA’s requirements in relation to Conduct Risk & Treating Customers Fairly
The company
The Broadstone Group is a leading, independent provider of specialist pensions, trustee, and employee benefits solutions to small to medium enterprises and large corporates.
At the heart of our business is a diverse team of specialist advisers, each with a unique knowledge base within their specific area. Our company structure and systems, finely-tuned over the years, enable our advisers to remain intricately linked to provide clients with coordinated, end-to-end solutions whenever required. This ethos is one that continually upholds good practice, encourages proactivity, and ultimately benefits our client’s bottom line.
Broadstone is a Living Wage Employer
We have been accredited as a Living Wage Employer. This means that we have made a living wage commitment to ensure that everyone working at Broadstone will receive at least a minimum hourly wage. Both rates are significantly higher than the government minimum for over 23s.
Our values
Client First
Outcome Driven
Collectively Confident
Forward Thinking
The benefits
We are proud of the total reward package that we offer to our employees. Our flexible benefits approach gives individuals the power to select the package that best suits their needs.
- Competitive salary
- 25 days holiday, plus bank holidays (with the option to buy more)
- Generous pension scheme
- Fully supported Study Programme
- Health cash plan (level 1)
- Life Assurance
- Group Income Protection
- Eye tests
- Social events
- Community volunteering days
- Employee Assistance Programme
- Health club discounts
- Give as you earn scheme*
- Personal Accident insurance*
- Travel insurance*
- Health Assessments*
- Dental insurance*
- Cycle to work scheme*
- Tech scheme*
- Critical illness*
- Cancer checks*
- The Green Car Scheme*
- Discounts on entertainment, cars, insurance, and much more
* Additional benefits which can be purchased by the employee.
Diversity & Inclusion
Diversity and inclusion is at the forefront of both our HR and wider business agenda. We’re an equal opportunity employer, which means we’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and their passion for delivering excellence. We’re committed to creating an inclusive environment for all employees.
Please contact us if you need any adjustments or changes made to help you find and apply for jobs with us.
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