Pensions Administrator

Pensions Administrator

Godalming Full-Time 20000 - 24000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Pensions Administrator, managing pension schemes and ensuring compliance.
  • Company: We're a growing firm in Godalming, dedicated to exceptional client service in pensions administration.
  • Benefits: Enjoy a competitive salary, Monday to Friday hours, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team, make a real impact, and develop your skills in a fast-paced environment.
  • Qualifications: Previous experience in pensions administration or financial services is essential; strong organisational skills required.
  • Other info: Proficiency in Microsoft Office and knowledge of pension regulations will set you apart.

The predicted salary is between 20000 - 24000 £ per year.

Salary: £25,000 - £30,000

Location: Godalming

Hours: Monday to Friday, 09:00am till 5:30pm

Our client is seeking a Pensions Administrator to join their growing team. This role involves providing comprehensive administrative support for pension schemes, ensuring compliance with regulations, maintaining accurate records, and assisting consultants in delivering exceptional service to clients.

Key Responsibilities:

  • Preparing and processing pension scheme documentation, including scheme establishment and regulatory submissions.
  • Managing scheme reviews, ensuring all necessary documentation is up to date and compliant.
  • Handling transfer values, tax reclaims, and investment transactions efficiently.
  • Maintaining accurate and up-to-date database records, ensuring all data is correctly entered and monitored.
  • Assisting with retirement processes, including pension calculations, benefit statements, and payment of lump sums or pensions.
  • Liaising with consultants, trustees, accountants, and regulatory bodies to facilitate smooth pension administration.
  • Ensuring compliance with Inland Revenue requirements, including the reporting of PSO transactions and VAT submissions.
  • Assisting consultants with investment research and obtaining quotations for pension-related investments.
  • Supporting clients by providing regular scheme updates and reminders regarding contributions and compliance.
  • Drafting and reviewing pension scheme reports, trustee documentation, and actuarial reports in line with industry standards.
  • Handling queries from clients and stakeholders regarding pension scheme administration and regulations.

Requirements:

  • Previous experience in pensions administration or financial services, ideally within SSAS, SIPP, or occupational pensions.
  • Strong organisational and numerical skills with excellent attention to detail.
  • Ability to manage multiple tasks and meet strict deadlines in a fast-paced environment.
  • Strong communication skills, both written and verbal, to liaise effectively with stakeholders.
  • Proficiency in Microsoft Office, particularly Excel and Word, for data management and reporting.
  • Knowledge of pension regulations and Inland Revenue requirements is desirable.

Pensions Administrator employer: Mulberry Recruitment

Join a dynamic and supportive team in Godalming as a Pensions Administrator, where your contributions will be valued and recognised. Our company fosters a collaborative work culture that prioritises employee growth through ongoing training and development opportunities, ensuring you can advance your career in the pensions sector. Enjoy a competitive salary, a healthy work-life balance with Monday to Friday hours, and the chance to make a meaningful impact in the lives of our clients.
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Contact Detail:

Mulberry Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pensions Administrator

✨Tip Number 1

Familiarise yourself with the latest pension regulations and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to the role and understanding of the industry.

✨Tip Number 2

Network with professionals in the pensions sector, whether through LinkedIn or local events. Building connections can provide valuable insights into the role and may even lead to referrals.

✨Tip Number 3

Prepare for potential interview questions by practising how you would handle specific scenarios related to pension administration. Think about examples from your past experience that showcase your problem-solving skills and attention to detail.

✨Tip Number 4

Showcase your proficiency in Microsoft Excel and Word during the interview. Be ready to discuss how you've used these tools in previous roles to manage data and create reports, as this is crucial for the Pensions Administrator position.

We think you need these skills to ace Pensions Administrator

Pensions Administration
Regulatory Compliance
Attention to Detail
Organisational Skills
Numerical Skills
Data Management
Microsoft Excel Proficiency
Microsoft Word Proficiency
Communication Skills
Stakeholder Liaison
Time Management
Problem-Solving Skills
Knowledge of Pension Regulations
Client Service Orientation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in pensions administration or financial services. Emphasise your organisational skills, attention to detail, and any specific knowledge of SSAS, SIPP, or occupational pensions.

Craft a Strong Cover Letter: Write a cover letter that directly addresses the key responsibilities listed in the job description. Explain how your previous experience aligns with the role and demonstrate your understanding of pension regulations and compliance.

Showcase Relevant Skills: In your application, clearly outline your proficiency in Microsoft Office, especially Excel and Word. Provide examples of how you've used these tools for data management and reporting in past roles.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Pensions Administrator.

How to prepare for a job interview at Mulberry Recruitment

✨Know Your Pensions Basics

Make sure you brush up on your knowledge of pensions, especially SSAS, SIPP, and occupational pensions. Being able to discuss these topics confidently will show that you're well-prepared and understand the industry.

✨Demonstrate Attention to Detail

Since this role requires strong attention to detail, be ready to provide examples from your past experience where your meticulousness made a difference. Highlight any specific instances where your accuracy prevented issues or improved processes.

✨Showcase Your Organisational Skills

Prepare to discuss how you manage multiple tasks and meet deadlines. You might want to share a story about a time when you successfully juggled various responsibilities, as this will illustrate your ability to thrive in a fast-paced environment.

✨Communicate Effectively

Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, and be prepared to answer questions about how you've effectively liaised with clients or stakeholders in the past.

Pensions Administrator
Mulberry Recruitment
Location: Godalming
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