Walk-in at WTW for UK Pension Admin on 24th June2023 | Mumbai

WTW walk-in is hiring UK Pension Admin roles. Any Graduate candidate can apply for the post.

Complete details are given below:-

• Company – WTW walk-in
• Role -UK Pension Admin
• Qualification –Any Graduate
• Experience –1-6 years
• Location – Mumbai
• Salary –3 lpa – 5lpa

ABOUT COMPANY

Willis Towers Watson Public Limited Company is a British-American multinational company providing insurance services. The company was founded in 2016, following a merger of the Willis Group and Towers Watson.
WTW operates in more than 140 countries and has a workforce of more than 40,000 employees. It joined the Hedge Fund Standards Board and follows the voluntary code of standards of best practice endorsed by its members.
The companies announced the merger on June 30, 2015 in a deal valued at $18 billion. Willis Towers Watson would maintain its domicile in Ireland and list on the New York Stock Exchange. Later in 2015, the company moved its domicile to Virginia in the US and delisted from the NYSE and relisted on the NASDAQ. Willis Group exercised its right to acquire the remainder of Gras Savoye and agreed to purchase 85% of Miller, the leading London independent wholesale insurance broker.

What You Will Be Doing As UK Pension Admin

• Enrolment and Membership Management: You will handle the enrolment process for new members joining the pension scheme. This involves verifying eligibility, collecting necessary documentation, and ensuring compliance with regulatory requirements. You will also manage the ongoing membership records, updates, and changes as necessary.
• Contributions Processing: You will be responsible for processing pension contributions from both employees and employers. This includes calculating contributions based on the scheme rules, ensuring accurate deductions from payroll, and reconciling contributions received.
• Pension Scheme Governance and Compliance: You will ensure that the pension scheme operates in compliance with regulatory requirements, such as those set by The Pensions Regulator in the UK. This involves staying updated on legislation changes, implementing necessary processes, and maintaining accurate records to meet reporting and disclosure obligations.
• Benefit Calculation and Payments: You will calculate pension benefits for scheme members, considering factors such as years of service, salary history, and scheme rules. This includes regular benefit calculations, updates for changes in circumstances, and managing pension payments to retirees or beneficiaries.

Skills Required for UK Pension Admin

• Pension Legislation and Regulations: A solid understanding of UK pension legislation and regulations is essential. This includes knowledge of The Pensions Regulator guidelines, auto-enrollment requirements, contribution calculations, retirement options, and other relevant rules and regulations.
• Pension Scheme Administration: Proficiency in pension scheme administration is crucial. This involves managing member records, calculating and processing contributions, handling transfers and mergers, and ensuring compliance with scheme rules and regulatory requirements.
• Data Management and Analysis: Strong data management skills are necessary to handle large volumes of pension scheme data accurately. You should be comfortable working with spreadsheets, databases, and pension administration software to record, analyze, and report on pension scheme information.
• Numerical and Analytical Skills: A strong grasp of numerical concepts and analytical abilities are important for performing calculations, reconciling pension scheme data, analyzing contribution patterns, and preparing reports.
• Attention to Detail: As a UK Pension Administrator, meticulous attention to detail is essential. You will be working with sensitive data, calculating complex figures, and maintaining accurate records. A high level of accuracy and precision is required to ensure the integrity of pension scheme information.
• Communication and Customer Service: Effective communication skills, both written and verbal, are important for interacting with scheme members and stakeholders. You should be able to explain complex pension concepts, respond to member inquiries, and provide excellent customer service.

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HOW TO APPLY FOR THE WALK-IN INTERVIEW?

To apply for the  WTW (Walk in) Interview Candidate need to walk in to the Venue that is given below.

FOR MUMBAI LOCATION INTERESTED CANDIDATES CAN WALK-IN DIRECTLY TO THE BELOW VENUE FOR INTERVIEW

 WTW walk in– Frequently Asked Question?

What is the WTW walk-in selection process?

The selection process will be based on a Written test followed by Technical and HR interviews.

What is the average salary for the post?

The average salary is 3 lpa – 5lpa for the this role.

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DISCLAIMER:

The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organization. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.