At a Glance
- Tasks: Administer SIPP pensions, manage accounts, and process contributions in a dynamic environment.
- Company: Join a leading FinTech firm known for innovative solutions in financial services.
- Benefits: Enjoy flexible benefits, private healthcare, and support for professional qualifications.
- Why this job: Be part of a growing team that values exceptional service and offers clear career progression.
- Qualifications: Attention to detail, strong communication skills, and IT proficiency are essential; pension knowledge is a plus.
- Other info: Ideal for those looking to develop in a supportive and collaborative workplace.
The predicted salary is between 36000 - 60000 Β£ per year.
On behalf of our client, we are recruiting for experienced Pension Administrators to join their expanding Administration team. This presents an excellent opportunity within a growing department that prides itself on delivering exceptional service to their outsourced clients.
Our client is a leading provider of innovative technology solutions within the financial services sector. Their modern offices offer excellent facilities and amenities, creating an ideal working environment.
The successful candidate will be responsible for administering the complete lifecycle of SIPP pensions, offering diverse and challenging responsibilities in a dynamic environment. The role requires individuals who can learn quickly and work efficiently, sometimes under pressure.
Key responsibilities include:
- Establishing new accounts and providing welcome information
- Processing cash and in-specie transfers (in and out)
- Managing contribution processing
- Administering member drawdown benefits (income and PCLS payments)
- Operating pension payroll systems
- Completing annual and monthly reporting requirements
- Performing regular banking procedures
The ideal candidate will also:
- Contribute to improving existing procedures and software
- Provide valuable feedback on daily processes
- Develop strong client relationships
- Support additional projects as required
Skills, Abilities, and Personal Qualities
- Exceptional attention to detail
- Strong team collaboration skills and knowledge sharing
- Commitment to professional development
- Excellent written and verbal communication
- Superior listening skills with ability to follow instructions
- Composed and positive attitude under pressure
- Strong organizational and prioritization abilities
- Proficient IT skills
- Pension knowledge and qualifications advantageous
Benefits
- Support for financial services qualifications after probation
- Clear career progression opportunities
- Comprehensive flexible benefits package
- Cycle to work scheme
- Private healthcare coverage
- Retail and wellness discount program
- Generous employer pension contributions up to 10%
Contact Detail:
Morris Sinclair Recruitment Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land SIPP Administrator - FinTech
β¨Tip Number 1
Familiarise yourself with the SIPP (Self-Invested Personal Pension) landscape. Understanding the nuances of SIPP pensions and the regulatory environment will give you an edge in discussions during interviews.
β¨Tip Number 2
Network with professionals in the FinTech and pension administration sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
β¨Tip Number 3
Demonstrate your attention to detail by preparing for potential scenario-based questions. Think about how you would handle specific challenges related to SIPP administration, as this will showcase your problem-solving skills.
β¨Tip Number 4
Research our clientβs company culture and values. Tailoring your conversation to reflect how your personal values align with theirs can help you stand out as a candidate who is not only qualified but also a good fit for their team.
We think you need these skills to ace SIPP Administrator - FinTech
Some tips for your application π«‘
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a SIPP Administrator. Familiarise yourself with the lifecycle of SIPP pensions and the specific tasks mentioned in the job description.
Tailor Your CV: Highlight your relevant experience in pension administration and any specific skills that align with the job requirements. Emphasise your attention to detail, organisational skills, and ability to work under pressure.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the FinTech industry. Mention how your previous experiences have prepared you for the challenges of this position and how you can contribute to improving existing procedures.
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 this role.
How to prepare for a job interview at Morris Sinclair Recruitment
β¨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of SIPP pensions and the complete lifecycle involved. Being able to discuss specific processes like cash transfers and member drawdown benefits will show your expertise and enthusiasm for the role.
β¨Demonstrate Attention to Detail
Given the importance of accuracy in pension administration, prepare examples from your past experience where your attention to detail made a difference. This could be anything from error-free reporting to successful account management.
β¨Showcase Your Team Spirit
The role requires strong collaboration skills, so be ready to discuss how you've worked effectively in teams before. Highlight any experiences where you contributed to improving processes or shared knowledge with colleagues.
β¨Stay Composed Under Pressure
Prepare to discuss situations where you've had to manage multiple tasks or tight deadlines. Emphasising your ability to remain calm and organised will resonate well with the interviewers, especially in a dynamic environment.