First Actuarial has been around since 2004, when a small group of like-minded actuaries came together to bring fresh thinking to pensions consultancy. Two decades later, our strong growth path has continued year on year, and we now employ around 500 people across seven locations.
We're still an independent business with no chargeable hours targets, giving our people the time to deliver their best work and excel. We shape our high-quality services by listening closely to our clients' needs. And we price those services fairly.
As we develop our business, prospects for our people grow. Our Basingstoke, Birmingham, Leeds, Manchester, Peterborough, London and Tonbridge offices provide supportive work environments where everyone can make a difference. We enjoy work and celebrate our successes. We provide support and helpful feedback, so we all learn and improve.
We love numbers, but we love people more. Staff wellbeing and work-life balance have always been core values. Beyond the firm, we're known for our integrity. We're happy to challenge conventional thinking and speak up. Our pioneering work is set to transform the lives of millions of younger people with a new type of pension.
We are recruiting for this role in either of our seven offices.
Key Responsibilities of the Pensions Payroll Administrator
Payroll Processing
Manage monthly pension payrolls in line with internal deadlines and HMRC legislation
Handle end-to-end tasks: setting up new pensioners, managing bereavements, applying tax code changes, and issuing lump sum payments
Submit Real Time Information (RTI) reports to HMRC accurately and on time
Conduct Year-End processing: final FPS submissions, issue of P60s, payroll closures
Apply individual and bulk pension increases with accuracy and confidentiality
Assist with onboarding new schemes, including data collation and running test payrolls
General Payroll Operations
Process additional payrolls to support the wider National Payroll Team as needed
Maintain and regularly update the Master Payroll Control Spreadsheet
Calculate net pay adjustments in overpayment cases
Monitor and action items from shared payroll inboxes
Collaboration & Support
Work closely with the pensions administration teams and various internal stakeholders to resolve payroll queries
Provide support to Team Leaders and the National Payroll Manager when required
Contribute to process improvements and ensure compliance with data protection policies
Accurately complete and submit timesheets
Professional Development & Ownership
Take full ownership of assigned payrolls and deliver them within required timeframes
Proactively manage your own learning and keep up to date with payroll best practices and legislative updates
What Y
ou'll Bring
1+ year of payroll experience preferred (but not essential--full training provided)
Confident using Excel (VLOOKUPs, formulas) and Microsoft Office
A strong eye for detail, excellent communication skills, and a self-starting attitude
Minimum 8 GCSEs including Maths and English (A-C), degree preferred but not essential.
What we offer you
We'll actively support you as you build your career - and reward you for doing so. At every level of seniority, we offer:
A competitive remuneration package, including bonus and profit-sharing payments
Private health insurance, life insurance and income protection insurance
25 days annual leave as standard, increasing with length of service, an extra day at Christmas, plus bank holidays and the option to purchase additional holidays
A non-contributory pension
Full training and study support.
We have hybrid working in place for colleagues who prefer homeworking for part of the week. We're also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one.
Our straightforward, interview-based approach to recruitment ensures equal opportunities for all applicants.
Please note that we can only accept candidates who have a right to work in the UK.
Apply now with covering letter and CV
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