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UK Pension Administration Specialist

UK Pension Administration Specialist

MercerPune, Republic Of India, IN
2 days ago
Job description

We are seeking a talented individual to join our Operations team at Mercer . This role will be based in Pune . This is a hybrid role that has a requirement of working at least three days a week in the office

Senior Specialist - Pension Adminstration - Manual Calculations

What can you expect?

The Individual calculations team supports insurers of UK Occupational Pension Schemes with individual member calculations including cash commutation, trivial commutations, early retirement, late retirement and transfer value calculations.

We will count on you to –

  • Perform individual member calculations for DB Schemes, member pensions, etc.
  • In-house virtual and in-person training on UK Employee Benefits
  • Opportunity to contribute ideas to setting up and improvement to process templates
  • Guidance on legislative changes and procedures
  • Support in developing and building a robust processes
  • Healthy work life balance and study support to progress with professional exams
  • Delivery Management of multiple assignments / projects
  • Maintain high quality and work within stipulated / agreed timelines
  • Follow organisational guidelines / processes
  • Contribute ideas and suggestions for improvements to process templates
  • Personal Development with active participation in team meetings
  • Training and sharing knowledge with colleagues

What you need to have :

  • Graduation in any stream.
  • 3 years of relevant experience in the areas of administration of pension schemes.
  • Demonstrated track record of providing high quality work, good technical know-how and ability to work on bespoke projects with a team
  • Knowledge of EB pensions domain
  • Strong quantitative and analytical skills with ability to translate data into meaningful insights
  • Knowledge and understanding of benefit calculations
  • Ability to question the objective of an exercise and prod away diligently / incrementally whenever ideas occur
  • Good communication and interpersonal skills.
  • Adaptive to organizational culture and business environment and Good Team Player
  • What makes you stand out?

  • Masters in Statistics / Mathematics
  • Intermediate to advanced skills in MS-Excel will be an added advantage
  • Good communication and interpersonal skills.
  • Adaptive to organisational culture and business environment
  • Knowledge of other forms of employee benefits
  • Why join our team?

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
  • MERCER believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE : MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.Com. Follow Mercer on LinkedIn and Twitter.

    Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex / gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, caste, gender identity or any other characteristic protected by applicable law.

    Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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    Administration Specialist • Pune, Republic Of India, IN

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