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- Tasks: Manage pensions administration, mentor team members, and ensure compliance with regulations.
- Company: Join a leading UK Financial Services Group focused on pensions and investment consultancy.
- Benefits: Enjoy flexible working, excellent training programmes, and a supportive office culture.
- Why this job: Be part of an expanding team with great career progression and a positive work environment.
- Qualifications: Previous experience in DB Pensions Administration is essential.
- Other info: Exciting time to join as the company rapidly grows, offering future career opportunities.
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 also places 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.
- Handling 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.
For more information, please contact Richard Garbett.
Contact Detail:
Oval Recruit 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 will not only boost your confidence 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, especially those who work with DB schemes. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss your experience in training and mentoring junior staff. Highlight specific examples where you’ve successfully developed others’ skills, as this aligns well with the team culture they promote at StudySmarter.
✨Tip Number 4
Be ready to showcase your problem-solving skills, particularly in handling queries from HMRC and DWP. Think of scenarios where you’ve navigated complex issues and how you can apply that experience to support the Administration Manager effectively.
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 Pensions Administration. Include specific examples of your technical skills, any training or mentoring you've provided, and your ability to handle queries from clients and third parties.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention why you are interested in joining their team and how your previous experience aligns with their needs, particularly in providing technical pensions administration services.
Highlight Your Teamwork Skills: Since the role involves mentoring junior staff and working within a team, emphasise your teamwork and leadership abilities. Provide examples of how you've successfully collaborated with others in past roles.
Showcase Your Compliance Knowledge: Given the importance of compliance in this role, make sure to mention your understanding of pensions legislation and your experience in ensuring compliance within your previous positions. This will demonstrate your capability to meet the company's legislative requirements.
How to prepare for a job interview at Oval Recruit
✨Know Your Pensions Legislation
Make sure you brush up on the latest pensions legislation and regulations, especially those related to Defined Benefit schemes. Being able to discuss these confidently will show your expertise and understanding of the role.
✨Demonstrate Team Leadership Skills
Since the role involves training and mentoring junior staff, be prepared to share examples of your previous leadership experiences. Highlight how you've successfully guided others and contributed to a positive team environment.
✨Prepare for Technical Queries
Expect to answer technical queries during the interview. Practise explaining complex pension concepts in simple terms, as this will demonstrate your ability to communicate effectively with clients and colleagues alike.
✨Show Enthusiasm for Development Opportunities
Express your eagerness to engage in training and development programmes. Discuss any relevant qualifications you have or are pursuing, and how you plan to continue growing your skills within the company.
