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- Tasks: Administer pension schemes, ensuring accurate calculations and timely completion of tasks.
- Company: Join Gallagher Benefit Services, a leader in creating thriving workplace environments.
- Benefits: Enjoy 25+ days holiday, life insurance, health plans, and discounted gym memberships.
- Why this job: Make a real impact on people's lives while developing your skills in a supportive team.
- Qualifications: Experience in pension administration is a plus; strong communication and analytical skills required.
- Other info: Opportunities for professional development and volunteering days included.
The predicted salary is between 28800 - 43200 £ per year.
Discover a world of endless possibilities at Gallagher Benefit Services, where you will have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.
As a Pensions Administrator, you will be a highly organized and detail-oriented individual administering a portfolio of occupational pension schemes, which could be a combination of DB, DC and Hybrid pensions, ensuring that all tasks and calculations are carried out accurately and promptly.
You will be allocated cases to complete in the full pension lifecycle, working on both automated and manual calculations. You will also draft correspondence and reports, run pensioner payrolls and support the Client Executive team. You will approach each case with the same dedication and vigilance, providing the highest level of service to each scheme member.
How you will make an impact:
- Carrying out pension administration tasks and calculations accurately, in a timely manner and in accordance with internal processes and adhering to company policies and governing regulations.
- Managing your workload, taking into consideration time required for all cases to be peer reviewed.
- Liaising with scheme members through a variety of channels including email, letter or telephone.
- Preparing member correspondence and client reports.
- Dealing with non-standard client/member queries.
- Collaborating with team members and building relationships with supporting teams.
- Providing support to team members and assisting the Team Leader as required.
- Engaging and being visible with team members and the Team Leader throughout the day.
- Assisting the Client Executive team where necessary.
About You:
- Experience of defined benefit / defined contribution pension scheme administration would be advantageous.
- Willing to study/or studying towards the Pension Management Institute's CPC qualification.
- Analytical skills with a logical approach to problem solving.
- Ability to process, collect and input data accurately.
- Strong prioritisation skills to meet deadlines and disclosure requirements.
- Excellent communication skills to answer queries by telephone, letter and email.
- Ability to work effectively as part of a team.
- Proficiency in Microsoft Office.
Compensation and benefits:
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you will get, depending on your job level these benefits may improve:
- Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
- Defined contribution pension scheme, which Gallagher will also contribute to.
- Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
- Income protection, we will cover up to 50% of your annual income, with options to top up.
- Health cash plan or Private medical insurance.
- Other benefits include:
- Three fully paid volunteering days per year.
- Employee Stock Purchase plan, offering company shares at a discount.
- Share incentive plan, HMRC approved, tax effective, stock purchase plan.
- Critical illness cover.
- Discounted gym membership, with over 3,000 gyms nationally.
- Season ticket loan.
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
- Emergency back-up family care.
- And many more.
Contact Detail:
Arthur J. Gallagher & Co. (AJG) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Administrator
✨Tip Number 1
Familiarise yourself with the different types of pension schemes, especially defined benefit (DB) and defined contribution (DC) plans. Understanding these concepts will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the pensions industry, particularly those who work at Gallagher or similar companies. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your analytical skills and problem-solving techniques, as these are crucial for a Pensions Administrator. Consider taking online courses or workshops that focus on data analysis and financial calculations to enhance your skill set.
✨Tip Number 4
Prepare to discuss your experience with Microsoft Office, particularly Excel, as it’s essential for managing data and performing calculations. Being able to showcase your proficiency in these tools will give you an edge over other candidates.
We think you need these skills to ace Pensions Administrator
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Pensions Administrator position. Understand the key responsibilities and required skills, such as pension scheme administration and communication abilities.
Tailor Your CV: Customise your CV to highlight relevant experience in pension administration, analytical skills, and any qualifications related to the Pension Management Institute. Make sure to showcase your attention to detail and organisational skills.
Craft a Compelling Cover Letter: Write a cover letter that reflects your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to manage pension schemes and communicate effectively with clients and team members.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial for the role.
How to prepare for a job interview at Arthur J. Gallagher & Co. (AJG)
✨Know Your Pensions
Familiarise yourself with the different types of pension schemes, especially defined benefit (DB) and defined contribution (DC) plans. Being able to discuss these concepts confidently will show your understanding of the role and impress the interviewers.
✨Demonstrate Attention to Detail
As a Pensions Administrator, accuracy is key. Prepare examples from your past experiences where you successfully managed detailed tasks or projects. Highlight how your meticulous nature has led to positive outcomes.
✨Showcase Your Communication Skills
Since the role involves liaising with scheme members and preparing correspondence, practice articulating your thoughts clearly. Be ready to discuss how you've effectively communicated complex information in previous roles.
✨Prepare for Problem-Solving Scenarios
Expect questions that assess your analytical skills and logical approach to problem-solving. Think of specific instances where you faced challenges and how you resolved them, particularly in a team setting.
