Pension Administrators are a key component for any company handling Pension Schemes. Primarily, Pension Administrators will work for insurance companies, large financial services provider or directly with large organisations that have their own Pension Schemes, i.e. Public-Sector Bodies.
The Pension Administrator will act as the link between the company and the pension scheme members, brokers, and regulatory bodies. They can handle a variety of schemes from corporate pension schemes such as Defined Contribution or Defined Benefit schemes, SSAS’s to personal pensions, PRSA’s.
Excellent attention to detail and customer service are two of the key components of a good Pension Administrator as they will have responsibility for handling member requests including fund switches, transfers, retirements and payments. Depending on the company structure and level of the position, the Pension Administrator will be required to calculate the Annual Benefits of the members and ensure correct statements are issued.
The salaries for a Pension Administrator are varied, again depending on the company and years’ experience, but starting salaries in Ireland start around the €25,000 range or €30,000 in Dublin and, depending on experience, companies are paying upwards of €50,000 plus. These salaries will only increase for Pension Administrators who move into Team Leader or Management positions.
Sligo is the vibrant heart of the northwest region with a population of 19,452 in its town and 65,383 people in the greater County. It is the second largest urban centre in the West of Ireland. One of only five counties in the province of Connacht it provides its inhabitants with all the advantages of living in a bustling urban area along with the advantages and amenities that come with living on the Irish country coastline.
Dating back to the 1200’s Sligo is steeped in history and mythology, boasting over 5000 recorded archaeological sites. Known as the shopping capital of the North-West it is also the perfect destination for lovers of music, the arts and poetry. As WB Yeats spent many summers writing poetry in Sligo it has earned itself the nickname of-Yeats County.
With stunning mountains, picturesque scenery, rich heritage, great surfing and trails along the beautiful backdrop of Benbulben there is something for everyone to do in Sligo whatever the weather. The town hosts a number of festivals throughout the year including The Fleadh Ceoil and Sligo Jazz Project. Sligo is famous across the world for its unique style of traditional Irish Music and musicians. There is also a vibrant night life in the town with several nightclubs and late bars in the area.
Alongside its abundant amount of leisure facilities Sligo boasts state of the art business facilities, an airport, great schools and a Third Level Education Institute. Sligo’s service sector is its biggest employment sector in the town boasting numerous indigenous and foreign owned companies in the Life Sciences, environmental science (Clean Tech) engineering and automotive sectors. Sligo also has strong tradition in the areas of tool-making and precisions engineering. As it is served well by train, port and road links it exerts huge influence on its hinterland and can be very easily commuted to.