At a Glance
- Tasks: Lead and manage a portfolio of Defined Benefit pension schemes while training junior staff.
- Company: Join one of the UK's top pension consulting firms with a strong growth trajectory.
- Benefits: Enjoy a competitive salary, hybrid/remote work options, and a market-leading benefits package.
- Why this job: This role offers clear career progression and the chance to make a real impact in pensions.
- Qualifications: Five years' experience in DB pension administration and strong communication skills are essential.
- Other info: Ideal for experienced Pension Administrators looking to step up their career.
The predicted salary is between 33000 - 77000 £ per year.
Senior Pension Administrator Salary -55,000K DOE UK Wide Hybrid/Remote IDEX Consulting is working exclusively with one of the UK’s leading pension consulting firms in the search for a Senior Pension Administrator in their DB schemes team. The role has arisen due to continued growth and recent external investment. This firm has an excellent staff retention rate, clear progression plans and opportunities in different teams, so you can future proof your career. They also offer a market leading financial & benefits package. You will be responsible for administering and leading on a portfolio of DB schemes, acting as the client relationship manager. You will check colleagues work, manage workflow and train/develop the junior staff. If you are an experienced Senior DB Pension Administrator, or a Pension Administrator looking to step up, then please get in touch for more information. Key Requirements Broad pension’s technical knowledge, with at least five years’ experience working in a Defined Benefit pension administration environment and with a detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation and codes of practice Knowledge of systems e.g. Microsoft Office/ Windows applications Experience in managing ad-hoc and annual pension projects Excellent communication skills both written and oral with the ability to articulate and communicate current and relevant issues to scheme members; pension trustees; and other relevant third parties Experience of working pro-actively and using own initiative to complete tasks. The ability to perform in a fast-moving environment providing excellent service to clients and third parties with a desire to succeed at accomplishing challenging objectives Desirable Knowledge of and experience with GMP Reconciliation / Equalisation calculations Practical knowledge of the Pension Protection Fund (PPF)
Senior Pension Administrator employer: IDEX Consulting Ltd
Contact Detail:
IDEX Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Administrator
✨Tip Number 1
Make sure to highlight your experience with Defined Benefit pension schemes in your conversations. This role requires a deep understanding of DB pensions, so be ready to discuss specific projects or challenges you've faced in this area.
✨Tip Number 2
Demonstrate your leadership skills by sharing examples of how you've managed teams or trained junior staff. This will show that you can take on the responsibility of leading a portfolio and developing others.
✨Tip Number 3
Familiarize yourself with the latest UK pensions legislation and codes of practice. Being up-to-date will not only help you in discussions but also show your commitment to the field and your proactive approach.
✨Tip Number 4
Prepare to discuss your experience with managing ad-hoc and annual pension projects. Highlighting your project management skills will demonstrate your ability to thrive in a fast-paced environment and meet challenging objectives.
We think you need these skills to ace Senior Pension Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in Defined Benefit pension administration. Emphasize your technical knowledge, years of experience, and any specific projects you've managed that align with the job requirements.
Craft a Strong Cover Letter: Write a cover letter that clearly articulates your passion for the role and the pension industry. Mention your understanding of UK pensions legislation and how your skills can contribute to the firm's success.
Highlight Communication Skills: Since excellent communication is key for this role, provide examples in your application of how you've effectively communicated complex pension issues to clients or colleagues in the past.
Show Initiative and Proactivity: In your application, include instances where you've taken the initiative in your previous roles, especially in managing projects or training junior staff. This will demonstrate your ability to thrive in a fast-paced environment.
How to prepare for a job interview at IDEX Consulting Ltd
✨Showcase Your Technical Knowledge
Make sure to highlight your broad pension's technical knowledge and experience in Defined Benefit pension administration. Be prepared to discuss specific schemes you've worked on and how you navigated UK pensions legislation.
✨Demonstrate Leadership Skills
Since the role involves managing workflow and training junior staff, share examples of how you've successfully led teams or projects in the past. This will show your potential employer that you can take charge and develop others.
✨Communicate Effectively
Excellent communication skills are crucial for this position. Practice articulating complex pension issues clearly and concisely, as you may need to explain these to scheme members and trustees during the interview.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific situations, such as managing ad-hoc projects or dealing with challenging clients. Think of examples from your past experiences that demonstrate your proactive approach and problem-solving abilities.