Current Vacancies

Investment operations

Senior Investment Trade Support

London/Preston

Job Ref
LPP Investment Operations
Location
London/Preston

Local Pensions Partnership Investments Ltd (LPPI) is a wholly-owned investment subsidiary of Local Pensions Partnership (LPP). LPPI manages £18bn of pension assets for local government pension schemes (LGPS), with full delegation for the selection, monitoring and management of fund managers, and implementation of investment strategy on clients’ behalf. Since its launch in April 2016, LPPI has successfully designed and launched a suite of asset class-based investment funds which can be utilized to deliver clients’ strategic asset allocations. LPPI’s investment professionals are seasoned global investors whose experience span assets classes and investment styles, with deep buy/sell side asset management and capital markets experience.

We currently have an opportunity for a senior investment trade support to join our team. Reporting to the Investment Operations Manager. The job holder will also have a major role to play in all aspects of reporting around fund activities.

As you would expect from a pension organization LPP offer employees access to an excellent pension scheme with up to 12% employer contributions. We offer a 37-hour working week, with flexibility in working pattern for the right candidates. LPP provides an environment of continuous personal and professional development to support employees in reaching their full potential to deliver our vision ‘to be a leading pension services business. This role will be based out of our London or Preston office.

Job Purpose

Reporting to the Investment Operations Manager, the Senior Investment Fund Administrator will assist in managing the fund administration functions.

Key Responsibilities

• Coordinate with external service providers such as Transfer Agency, Custodian and Risk Solutions in general fund administration.

• Broker management, market set-up and corporate action decision management for LPPI funds

• Liaison with external segregated managers providing support in areas such as new market openings when necessary

• Accountability for Trade/contract capture, cashflow processing, position keeping, asset lifecycle management, income processing, asset/contract and cash reconciliations for LPPI products

• Accountability for Trade/position capture, asset lifecycle management, position keeping and reconciliation and cash reconciliations for client schemes

• Accountability for Order placement for Private Assets to include dealing/routing, trade tracking and allocation

• Accountability for Cash Record keeping/reconciliations, cash administration and capital call and distribution administration for private assets

• Coordinate with other members of Finance and Administration team with ad hoc internal or external requests.

• Take a leading role in organising, daily, weekly and monthly reporting process.

• Liaise with internal teams regarding Due Diligence requests, Restricted List maintenance and other ad hoc tasks

• Close liaison with Risk and Compliance ensuring Investments are made within guidelines and report breaches when necessary

• Coordination and implementation of new process in Operations for new products/platforms or changes to existing processes

• Ensure the Investments Operations Manual is updated and maintained as required

• Ensure adherence to internal policies and procedures and maintenance of procedures

Person Specification

Post holder will demonstrate:

• A strong academic track record

• 2 - 3 years at a multi asset investment fund in an administrative role

• Very strong attention to detail, strong numerical skills, and able to multi-task

• Knowledge of multiple asset classes to include but not limited to Equities, Fixed Income, Real estate, credit and Infrastructure debt

• Experience working in the operations team of an asset management firm, private
• hedge fund firm, a custodian, or third-party administrator.

• Excellent MS Word and Excel skills


Reasonable adjustments will be made to working arrangements to accommodate a person with a

Function
Investment operations
Status
Full Time
Type
Permanent


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Investments

Investment Fund Support Assistant

Preston

Job Ref
LPP210420
Location
Preston

i Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We are looking to recruit an Investment Fund Assistant in our Preston office. This role will be reporting to the Investment Fund Accountant
LPP administer Local Government, Police and Fire pension schemes for 17 authorities (our clients). There are around 600,000 people who are part of those pension schemes (our members) and these members are employed by around 1800 employers
In this role you will support the accounting processes for the LPPI Investment Pooling Vehicles, the funds’ invoices whilst supporting the wider Investment Operations team.

Key Responsibilities
• Responsible for completing the weekly payment runs; receiving, verifying, processing and reconciling invoices for all pooled investment fund vehicles, according to established policies and procedures in an efficient, accurate and timely manner.
• Maintaining records and files of invoices and supporting information.
• Responsible for the weekly reconciliation for invoices against posted transactions.
• Daily management of investment operations email in-boxes and saving down relevant documentation.
• Supporting the Fund Accountants with daily, weekly and monthly processes
• Producing Management Information and KPI statistics
• Proactive with query management, ensuring effective resolution with internal and external parties.
• Awareness of wider risks concerning daily operations and deliverables and assisting with management of these, ensuring required controls are maintained and complied with, in accordance with procedure.
• Providing general support for the Investment Operations team

Person Specification
• A strong academic track record with general proficiency in Maths and English
• Skilled use and ability of MS Office Microsoft Excel in maintaining / manipulating data
• High degree of accuracy and attention to detail
• High level of numerical and analytical skills
• Strong communication skills
• A proactive, self-motivated team player, able to manage personal workloads with the ability to demonstrate a sense of urgency to meet deadlines
• Promotes positive behaviour, continually striving for improvements in quality, efficiency and presentation, both personally and for the wider team.
• An understanding of the breadth of the diversity agenda including embedding good practice and an understanding of LPPI’s public sector commitment to combating discrimination and promoting equality of opportunity.

As you would expect from a pension organisation LPP offer employees access to an excellent local government pension scheme with employer contributions. Our offices in central Preston are easily accessible by road, rail and public transport and we offer a 37-hour working week, with flexibility in working pattern for the right candidate.

Function
Investments
Status
Full Time
Type
Permanent
Hours
37


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Pension administration

Pensions Data Assistant ( 6 month Fixed Term Contract)

Preston

Job Ref
LPPDA220520
Location
Preston
Salary
£18500

About Us

Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking a Pensions Data Management Assistant to join our team in Preston.

Purpose

To support the improvement of data quality and integrity through the investigation of bulk data anomalies and liaison with employers in respect of the public sector pension schemes administered by LPP.To assist in the monthly processing and reconciliation of data received from scheme employers.
Key Accountabilities
• Manage your workload and task lists to ensure deadlines, data quality 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.

• Investigate data anomalies effectively and promptly to support with the preparation of annual benefit statements and the actuarial valuation of the pension fund.

• Liaise with employers as necessary to improve the quality of data.

• Respond to member queries promptly both written and oral ensuring that service level targets and deadlines are met in this area

• Develop an understanding of the current regulations and overriding legislation to improve knowledge

• Support service provision as appropriate undertaking other duties commensurate with the post.


Person Specification

• Recent experience in a financial/administrative 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, including the ability to input data accurately

• Ability to use systems and processes relevant to pension payroll and pension administration.


• Ability to use Microsoft Excel

Qualifications

• 5 GCSEs or equivalent including Maths and English at Grade C or above

In return
• The salary for this role is circa £18500
• 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.
• As you would expect from a pension organization LPP offers employees 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.
• Our offices in central Preston are easily accessible by road, rail and public transport.


How to Apply

You can apply for this role by submitting a CV and covering letter confirming your current remuneration package

LPP is keen to promote a diverse workforce to maximize our ability to provide quality services to all our customers. All applicants who are known to

Function
Pension administration
Status
Full Time
Type
Fixed Term Contract
Hours
37 Hours per week


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Payroll Control Officer

Preston

Job Ref
LPPPO0520
Location
Preston
Salary
£20000-£24000

About Us

Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking a Pensions Administrator to join our helpdesk team in Preston.

Purpose:

Supporting the Payroll Team Leader; working within a small team dealing with Pensioner Payroll and Financial Control, providing a monthly pensioner payroll and ad hoc payments service in respect of the pension schemes administered by the Local Pensions Partnership.


Key Accountabilities:

• Processing monthly pensioner payrolls and ad hoc payments, including scheduling of events, production and resolution of pre-processing reports, running of gross to net routines,
administration of third party payments, reconciliation and payment of tax by the statutory date within the month, maintenance of appropriate control records, clearance of BACS reports and file submissions, and month end clear down.

• Completion of year end processes including HMRC requirements and pensions increase routines.

• Supporting the Pensioner Payroll Team Leader ensuring that adequate payroll control procedures exist for reconciliation to financial ledgers, BACS transmission, year end and year start and ensuring that HMRC timescales are achieved.

• To liaise with the external software provider, internal IT contacts, HMRC, clients and other third parties relevant to pensioner payroll and ad hoc payment systems.

• To maintain an excellent understanding of the regulations and legislation relevant to payroll, in particular to have an excellent knowledge of HMRC requirements.

• To undertake other financial duties for example running reports and raising invoices for the cost of early retirement.

Person Specification:

• Significant practical experience in a payroll role, pensioner payroll experience would be advantageous.

• Understanding of financial ledger systems

• Proven ability to process payrolls, working accurately and to payroll deadlines

• Proven ability to work effectively on own initiative as well as being an effective team player, promoting positive behavior 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.

• Excellent working knowledge of legislation, regulation, conditions, software, systems and processes relevant to pension payroll and pension administration.

Qualifications:

• 5 GCSEs or equivalent including Math’s and English at Grade C or above
• A recognized pension administration or payroll qualification (or working towards) would be desirable.

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

Function
Pension administration
Status
Full Time
Type
Permanent
Hours
37 Hours per week


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Pensions Administrator- Email Helpdesk

Preston

Job Ref
LPPHD2180520
Location
Preston
Salary
£18500

About Us

Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking a Pensions Administrator to join our helpdesk team in Preston.

Purpose :

To provide the highest standard of customer service to members,employers and 3rd parties.

The role is predominantly focussed on answering pensions queries via email and webchat in respect of the public sector pension schemes administered by LPP. However you will be required to support our telephone teams at busy times

Key Accountabilities :

Sensitively and efficiently assist customers by resolving pension telephone queries and making appropriate referrals, as necessary.

Delivering a flexible and responsive service in line with the needs of the business alongside Taking ownership of individual enquiries and customer requests.

Able to work Independently without close supervision.

Ability to meet agreed quality and performance targets.

Person Specification :

Recent experience of contact centre would be an advantage

Experience of working to and achieving challenging targets with, Excellent customer service skills.

Excellent oral and written (grammar) communication skills.

Good interpersonal skills and empathetic listening skills.

Competent in using multiple ICT systems i.e. e-mail, word processing, spreadsheets

You must be prepared to work flexibly to provide cover for call centre hours of 0800 to 1800 Monday to Friday (excluding Bank Holidays).

You will be required to undertake intensive training during an extensive induction programme. No previous pension knowledge is required.

In return :

The salary for this role is circa £18,500

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.

As you would expect from a pension organisation LPP offers employees 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.

Our offices in central Preston are easily accessible by road, rail and public transport.



How to Apply

Please note that as part of the recruitment process, candidates may be invited to complete a role play assessment.


LPP is keen to promote a diverse workforce to maximise our ability to provide quality services to all our customers. All applicants who are known to be disabled and who meet the minimum criteria for the role will progress to the next stage of the recruitment process.

Function
Pension administration
Status
Full Time
Type
Permanent
Hours
37 Hours per week


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Pensions Administrator- Telephone Helpdesk

Preston

Job Ref
LPPHD180520
Location
Preston
Salary
£18500

About Us

Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking a Pensions Administrator to join our helpdesk team in Preston.

Purpose

To provide the highest standard of customer service to members,employers and 3rd parties.

The role is predominantly focussed on answering pensions queries via telephone in respect of the public sector pension schemes administered by LPP.

Key Accountabilities

Sensitively and efficiently assist customers by resolving pension telephone queries and making appropriate referrals, as necessary.

Delivering a flexible and responsive service in line with the needs of the business alongside Taking ownership of individual enquiries and customer requests.

Able to work Independently without close supervision.

Ability to meet agreed quality and performance targets.

Person Specification

Recent experience of contact centre would be an advantage

Experience of working to and achieving challenging targets with, Excellent customer service skills.

Excellent oral and written (grammar) communication skills.

Good interpersonal skills and empathetic listening skills.

Competent in using multiple ICT systems i.e. e-mail, word processing, spreadsheets

You must be prepared to work flexibly to provide cover for call centre hours of 0800 to 1800 Monday to Friday (excluding Bank Holidays).

You will be required to undertake intensive training during an extensive induction programme. No previous pension knowledge is required.


In return
• The salary for this role is circa £18,500
• 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.
• As you would expect from a pension organisation LPP offers employees 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.
• Our offices in central Preston are easily accessible by road, rail and public transport.



How to Apply

Please note that as part of the recruitment process, candidates may be invited to complete a role play assessment.

Applications can be sent by email to vacancies@localpensionspartnership.org.uk

LPP is keen to promote a diverse workforce to maximise our ability to provide quality services to all our customers. All applicants who are known to be disabled and who meet the minimum criteria for the role will progress to the next stage of the recruitment process.

Function
Pension administration
Status
Full Time
Type
Permanent
Hours
37 Hours per week


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Pensions Administrator (Fixed Term Contract)

Preston

Job Ref
LPP180520
Location
Preston
Salary
£19,500-£ 25,000 per annum depending on experience

About Us

Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking a Pensions Administrator to join our helpdesk team in Preston.

Key Accountabilities

• To process and check a range of general pensions case work, including, but not restricted to benefits estimates, transfers, retirements, commutation of benefits and the combining of benefits, ensuring that service level targets and deadlines are met in respect these areas

• To respond to member correspondence relating to the work undertaken within the Team, again ensuring that service level targets and deadlines are met in these areas

• To develop an understanding of current pensions regulation and overriding legislation, maintaining an up to date knowledge

• Liaise with customers and third parties obtaining information in respect of the work undertaken on the team

Person Specification

• Practical working experience in an office administration role. Previous experience in Pension or Financial services industry is desirable but a not a necessity.

• Proven ability to undertake detailed mathematical calculations accurately. Please note the interview process may include numerical assessments.

• Demonstrable ability to work accurately and to deadlines

• Previous work with internal database systems is desirable, experience with processes relevant to payroll and pension administration would be beneficial.

• Previous experience and high capability of using the Microsoft Office packages (E.g Word and Excel)

• Strong communication skills with confidence to work independently when required whilst also being an effective team player.



Qualifications

• 5 GCSEs or equivalent including Maths and English at Grade C or above

• A recognised pension administration qualification (or working towards) would be desirable

In return

• The salary range for this role is £19,500- £25000 depending on experience
• 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.
• Our offices in central Preston are easily accessible by road, rail and public transport.

How to Apply

Please note that as part of the recruitment process, candidates may be invited to complete a role play assessment.
Applications can be sent by email to vacancies@localpensionspartnership.org.uk

LPP is keen to promote a diverse workforce to maximise our ability to provide quality services to all our customers. All applicants who are known to be disabled and who meet the minimum criteria for the role will progress to the next stage of the recruitment process.

Function
Pension administration
Status
Full Time
Type
Fixed Term Contract
Hours
37 Hours per week


Share this vacancy

Pensions Administrator

Preston

Job Ref
LPP180520
Location
Preston
Salary
£19,500- £25,000 per annum depending on experience

About Us

Local Pensions Partnership (LPP) is an award-winning pension services business with offices across the UK. We support over 640,000 pension scheme members and their employers to understand their pension obligations, benefits and retirement options. Our work involves significant correspondence with various customer groups, the completion of pension casework which is deadline driven and responding to queries. We are currently seeking a Pensions Administrator to join our helpdesk team in Preston.

Key Accountabilities

• To process and check a range of general pensions case work, including, but not restricted to benefits estimates, transfers, retirements, commutation of benefits and the combining of benefits, ensuring that service level targets and deadlines are met in respect these areas

• To respond to member correspondence relating to the work undertaken within the Team, again ensuring that service level targets and deadlines are met in these areas

• To develop an understanding of current pensions regulation and overriding legislation, maintaining an up to date knowledge

• Liaise with customers and third parties obtaining information in respect of the work undertaken on the team

Person Specification

• Practical working experience in an office administration role. Previous experience in Pension or Financial services industry is desirable but a not a necessity.

• Proven ability to undertake detailed mathematical calculations accurately. Please note the interview process may include numerical assessments.

• Demonstrable ability to work accurately and to deadlines

• Previous work with internal database systems is desirable, experience with processes relevant to payroll and pension administration would be beneficial.

• Previous experience and high capability of using the Microsoft Office packages (E.g Word and Excel)

• Strong communication skills with confidence to work independently when required whilst also being an effective team player.



Qualifications

• 5 GCSEs or equivalent including Maths and English at Grade C or above

• A recognised pension administration qualification (or working towards) would be desirable

In return

• The salary range for this role is £19,500- £25000 depending on experience

• 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.

• Our offices in central Preston are easily accessible by road, rail and public transport.

How to Apply

Please note that as part of the recruitment process, candidates may be invited to complete a role play assessment.

Applications can be sent by email to vacancies@localpensionspartnership.org.uk

LPP is keen to promote a diverse workforce to maximise our ability to provide quality services to all our customers. All applicants who are known to be disabled and who meet the minimum criteria for the role will progress to the next stage of the recruitment process.

Function
Pension administration
Status
Full Time
Type
Permanent
Hours
37 Hours per week


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