The average salary for a Senior Pensions Administrator in United Kingdom is £27,135.
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What Do Senior Pensions Administrators Do?
Senior pension administrators have several job responsibilities, but they generally oversee the administration of retirement plans. They review records for these plans and make sure that they are up-to-date and comply with federal regulations. They are concerned with the normal operation of the plan, including customer service and billing. On occasion, they may work with clients to make the plan more personalized for the individual. For instance, they may assist in deciding on benefit distributi…Read more
Senior Pensions Administrator Tasks
- Process financial statements and keep beneficiaries informed about changes to their retirement plan.
- Oversee the administration of a company's retirement plan.
- Conduct audits and ensure plan is in compliance with government regulations.
- Facilitate communication between individual plan holders, financial advisors, and investors.
Popular Employer Salaries for Senior Pensions Administrator
The top respondents for the job title Senior Pensions Administrator are from the companies Capita Financial Group, Willis Towers Watson and Mercer LLC. Reported salaries are highest at Barnett Waddingham where the average pay is £30,735. Other companies that offer high salaries for this role include Willis Towers Watson, earning around £28,738. Aon Consulting, Inc. pays the lowest at around £21,000. Mercer LLC also pays on the lower end of the scale, paying £26,014.
Senior Pensions Administrator Job Listings
What Are Popular Skills for Senior Pensions Administrators?
Skills in Problem Solving are correlated to pay that is above average. Skills that pay less than market rate include Technical Analysis, Microsoft Excel, Customer Service and Pension Plan Administration.
What is the Pay by Experience Level for Senior Pensions Administrators?
An early career Senior Pensions Administrator with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £24,192 based on 29 salaries. A mid-career Senior Pensions Administrator with 5-9 years of experience earns an average total compensation of £27,301 based on 46 salaries. An experienced Senior Pensions Administrator with 10-19 years of experience earns an average total compensation of £28,747 based on 33 salaries. In their late career (20 years and higher), employees earn an average total compensation of £28,771.
Pay Difference by Location
Employees with Senior Pensions Administrator in their job title in London, England: London earn an average of 18.2% more than the national average. The lowest salaries can be found in Cheltenham, England: Gloucestershire (10.6% less), Sheffield, England: South Yorkshire (8.4% less) and Manchester, England: Manchester (6.1% less).
Years of Experience
This data is based on 141 survey responses.