Tesco jobs in Bengaluru, Karnataka
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- Tesco IndiaBengaluru, Karnataka
- I manage and administer defined benefit pension schemes for the Trustee of the Tesco PLC Pension Scheme.
- My responsibilities include providing accurate and…
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Associate-Pension Services
Job details
Pay information not provided
Health insurance, Paid sick time
Full-time
Bengaluru, Karnataka
Full job description
About the role
letter writing)
1 year)
I manage and administer defined benefit pension schemes for the Trustee of the Tesco PLC Pension Scheme. My responsibilities include providing accurate and efficient administration services, handling member queries, processing benefits, and ensuring regulatory compliance. Also deliver excellent service to members and support timely pension scheme operations.
You will be responsible for
Following our Business Code of Conduct and always acting with integrity and due diligence and have these specific risk responsibilities:
calculations.
Ensure all calculations, adjustments, and data entries comply with scheme rules, legislation, and company procedures.
Update and maintain accurate records on pension administration systems, ensuring data integrity and accuracy.
Adhere to the agreed Service Level Agreements and meet the defined measures of success.
adhering to response timeframes and statutory deadlines.
Provide clear and accurate information to members regarding their benefits, options, and scheme rules.
Generate statements, letters, and other communications to members, ensuring clarity and compliance with the scheme requirements.
Compliance and Regulatory Adherence:
Ensure all tasks comply with relevant regulations, including The Pensions Regulator’s requirements, HMRC regulations, and GDPR.
Maintain a working knowledge of pension legislation, regulatory changes, and updates to ensure accurate administration.
You will need
- Identifying operational improvements and finding solutions by applying CI tools and techniques
- Responsible for completing tasks and transactions within agreed KPI's
- Knows and applies fundamental work theories/concepts/processes in own areas of work
- Scheme Administration:
calculations.
Ensure all calculations, adjustments, and data entries comply with scheme rules, legislation, and company procedures.
Update and maintain accurate records on pension administration systems, ensuring data integrity and accuracy.
Adhere to the agreed Service Level Agreements and meet the defined measures of success.
- Member Services:
adhering to response timeframes and statutory deadlines.
Provide clear and accurate information to members regarding their benefits, options, and scheme rules.
Generate statements, letters, and other communications to members, ensuring clarity and compliance with the scheme requirements.
Compliance and Regulatory Adherence:
Ensure all tasks comply with relevant regulations, including The Pensions Regulator’s requirements, HMRC regulations, and GDPR.
Maintain a working knowledge of pension legislation, regulatory changes, and updates to ensure accurate administration.
- 1-4 Years of experience in defined benefit pension schemes, including
- Graduates level education (Commerce preferred)
- Preparation of calculations & official correspondence (Email and
letter writing)
- Attention to Detail
- Experience in customer service based environment (prefer min.
1 year)
- Eye-to-Detail
- Speed and Accuracy
- Experience in pension scheme administration (defined benefit /
- Planning and Organising
- Basic Numeracy skills
- Competency in pension administration software and Microsoft
- Organisational Skills
- Team Collaboration
- Knowledge of current pensions legislation and best practices.
At Tesco, we are committed to providing the best for you.
As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day.
Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.
Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable.
Salary - Your fixed pay is the guaranteed pay as per your contract of employment.
Performance Bonus - Opportunity to earn additional compensation bonus based on performance, paid annually
Leave & Time-off - Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the company’s policy.
Making Retirement Tension-FreeSalary - In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF.
Health is Wealth - Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws.
Mental Wellbeing - We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.
Financial Wellbeing - Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.
Save As You Earn (SAYE) - Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.
Physical Wellbeing - Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle.
About Us
At Tesco, inclusion is at the heart of everything we do. We believe in treating everyone fairly and with respect, valuing individuality and uniqueness to create a true sense of belonging. Diversity and inclusion are deeply embedded in our values—we treat people how they want to be treated. Our goal is for all colleagues to feel they can be themselves at work, and we are committed to helping them thrive. Across the Tesco group, we are building an inclusive workplace that actively celebrates the cultures, personalities, and preferences of our colleagues, who in turn contribute to the success of our business and reflect the diversity of the communities we serve.
At Tesco Bengaluru, we are proud to be a Disability Confident Committed Employer, highlighting our commitment to creating a supportive environment for individuals with disabilities. We are dedicated to offering equal opportunities for all candidates and encourage applicants with disabilities to apply. Our recruitment process is fully accessible, and we are happy to provide reasonable adjustments during interviews. If you need any accommodations to participate in the recruitment process, please let us know. We are here to ensure that everyone has the chance to succeed.
We also believe in fostering a work environment where you can excel both professionally and personally. Our hybrid model allows you to work flexibly—spend 60% of your week collaborating in person with colleagues at our office locations or local sites, and the rest of the time working remotely. We understand that everyone’s life journey is unique, whether you are starting your career, pursuing passions, or navigating life changes, and we are here to support you. Flexibility is a core part of our culture, and we encourage open conversations about how we can best accommodate your needs, so talk to us throughout your application process on the support required.
When you join Tesco Bengaluru in this role, you'll be employed by Tesco Bengaluru Private Limited, the Tesco legal entity responsible for your employment.
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