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- Tasks: Manage pensions administration for clients, mentor junior staff, and ensure compliance with regulations.
- Company: Join a leading UK Financial Services Group known for its award-winning pension consultancy services.
- Benefits: Enjoy flexible working, excellent training programmes, and a supportive office culture.
- Why this job: Be part of a rapidly expanding team with great career progression and a positive work environment.
- Qualifications: Previous experience in DB Pensions Administration is essential; strong technical knowledge is a plus.
- Other info: This role offers a competitive salary and the chance to make a real impact.
The predicted salary is between 36000 - 60000 £ per year.
A leading UK Financial Services Group who provides Pension & Investment Consultancy services to many of the UK’s largest Companies are looking to recruit into their expanding and continually developing Pension Administration Team. The team you would be joining offer award winning technical Defined Benefit Administration Services and have created a friendly supportive office culture where everyone has an opportunity to contribute and feel part of a very successful team.
The wider company offers employees at the heart of the company’s future success and have worked hard to ensure they can offer strong training & development programmes, qualification sponsorship, flexible working and many other benefits and initiatives designed to create an excellent working environment, career progression opportunities for all and a good work / life balance. They are also expanding at a rapid rate, meaning it’s an exciting time to join a positively thinking organisation, opening up good future career opportunities.
Specifics of the role include:
- Provide technical Pensions Administration services to a portfolio of clients, calculate, and make payments of scheme benefits.
- Training new members of staff and helping more junior members of the team.
- Help mentor and develop their knowledge and understanding.
- Check and authorise other team member’s work.
- Under the application of benefit structures, trust deed & rules and pensions legislation.
- Provide support to the Administration Manager, helping the department meet deadlines.
- Undertake project management work.
- Handle queries from HMRC and DWP.
- Liaise confidently with clients, scheme actuaries and other third parties.
- Ensure compliance checking is maintained and the team works to legislative requirements.
- Answer technical queries from members by phone, e-mail and letter.
This is an excellent opportunity for individuals with previous DB Pensions Administration experience who are looking to move to a company who will invest in your development and help you expand both your technical knowledge and supervisory skills.
Contact Detail:
Oval Recruit Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator - DB Schemes
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in Defined Benefit (DB) pensions. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the pensions administration sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss your experience in mentoring and training junior staff. Highlight specific examples where you've successfully developed others' skills, as this aligns well with the role's requirements for team support and development.
✨Tip Number 4
Be ready to showcase your problem-solving skills, especially in handling queries from HMRC and DWP. Prepare scenarios where you've effectively resolved complex issues, as this will demonstrate your capability to manage the responsibilities of the role.
We think you need these skills to ace Senior Pensions Administrator - DB Schemes
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in Defined Benefit (DB) Pensions Administration. Include specific examples of your technical skills, such as calculating scheme benefits and handling queries from HMRC and DWP.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your previous experience aligns with the responsibilities outlined in the job description, particularly your ability to mentor junior staff and manage projects.
Showcase Your Soft Skills: Emphasise your communication skills and ability to work in a team. The company values a friendly and supportive culture, so highlight any experiences where you contributed to a positive team environment or helped colleagues develop their skills.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the financial services sector.
How to prepare for a job interview at Oval Recruit Ltd.
✨Showcase Your Technical Knowledge
As a Senior Pensions Administrator, you'll need to demonstrate your understanding of Defined Benefit schemes. Be prepared to discuss specific legislation, benefit structures, and your experience with technical queries. This will show the interviewers that you have the expertise they are looking for.
✨Highlight Your Mentoring Experience
Since the role involves training and mentoring junior staff, share examples of how you've successfully guided others in previous positions. Discuss any training programmes you've developed or participated in, as this will illustrate your leadership skills and commitment to team development.
✨Prepare for Compliance Questions
Given the importance of compliance in pensions administration, expect questions related to legislative requirements. Brush up on relevant regulations and be ready to explain how you've ensured compliance in your past roles. This will demonstrate your attention to detail and understanding of the regulatory landscape.
✨Demonstrate Strong Communication Skills
You'll be liaising with clients, actuaries, and other third parties, so it's crucial to showcase your communication abilities. Prepare to discuss how you've handled complex queries and maintained relationships with stakeholders. This will highlight your interpersonal skills and ability to work collaboratively.
