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We are looking for a Group Benefits Administrator to join us on an initial 12 month fixed term contract. As a Group Benefits Administrator you would handle the day-to-day administration duties of pension schemes and life insurance policies for our clients.
This role can be based in any of our regional offices, please specify which office location would be preferable when applying (a full list of our locations can be found on our website).
Key responsibilities
- Processing monthly pension schedules and liaising with relevant person in the Company Payroll / HR Dept and the scheme provider
- Processing monthly contributions
- Calculating pension forecasts and preparing statements
- Running annual electronic AML check at review date / new scheme / new business
- Compliance checks at review date
- Dealing with bespoke adviser, scheme and individual member queries and answering queries by telephone, in writing or by e-mail
- Act as a point of contact for the client in the adviser’s absence and deal with client queries
- Form Processing in relation to review / new schemes
- Group protection scheme re-broking annually / 2 yearly or Tri-Annual
- Group Protection Change of Risk Requests and Claim Processing
- Add schemes / members to back office system, Xplan, and ensure information is fully completed and kept up to date
- Update plan details as a result of any provider instructions via email / post
- Prepare meeting and review packs for advisers
- Send Member templated letters including for new joiners, nearing NRD and retirement options
- Send Scheme templated letters including confirmation of new members
- Send Valuation reports to the client with appropriate covering letter if requested
- Creating invoices and send to client and track to ensure payment is made
- Add fees to XPLAN ensuring the correct adviser banding rate and splits are added if applicable
- Ensure any change in initial / ad-hoc fee amounts are communicated to Finance so that the monthly WIP can be updated
Our benefits
- 26 days annual leave including a day off for your birthday (plus bank holidays)
- Contributory pension scheme
- Private Healthcare
- Life assurance
- Health insurance
- 2 charity volunteer days
- Employee recognition
- Recruitment referral
- Career Development
- Cycle to work scheme
About Kingswood
Kingswood Holdings Limited (trading as Kingswood) is an AIM-listed integrated wealth management group, with more than 19,000 active clients and c. £9 billion of Assets under Management. It has a growing network of offices across the UK as well as offices in New York and Johannesburg. Clients range from private individuals to some of the UK’s largest universities. The Group’s vision is to become a leading global provider of trusted wealth planning and investment management solutions to clients, underpinned by investment in people and innovation in technology to support our advisers and clients.
Our Diversity, Equality and Inclusion commitment
At Kingswood Group we're all about our people and are committed to recruiting and maintaining a diverse workforce. We celebrate, recognise, and appreciate our differences, irrespective of background, race, religion, age, gender, sexual orientation, or disability. We're continually learning and improving our processes and policies to ensure an inclusive culture for all our Kingswood colleagues. Join us on our journey and apply today.
