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- Tasks: Manage and administer the company’s pension scheme with compliance and accurate record-keeping.
- Company: Join a dynamic team in London focused on employee benefits and financial security.
- Benefits: Enjoy a matched pension contribution, 25 days holiday, private medical insurance, and more.
- Why this job: Be part of a supportive culture that values your contributions and offers growth opportunities.
- Qualifications: Experience in pensions administration and knowledge of pension regulations is essential.
- Other info: Work in-house three days a week, balancing flexibility with collaboration.
The predicted salary is between 48000 - 72000 £ per year.
A Senior Pensions Administrator (In House) is required in London (3 days).
Benefits:
- Pension contribution DC plan matched up to 10%
- Holiday: 25 days a year with the opportunity to buy up to 5 additional days
- Life cover of 4x pensionable earnings and ill-health benefits
- Private medical insurance and access to virtual GP
- Season ticket loan
The Role:
You will be responsible for managing and administering the company’s pension scheme. This role involves ensuring compliance with pension regulations, maintaining accurate records, and serving as a point of contact for employees regarding their pension benefits.
Responsibilities:
- Day to day active, deferred and pensioner administration, including calculations, AVCs, new joiners, opt outs.
- General data maintenance for all categories of member, refunds deferred pensions transfers in (DC), transfers out, normal, late, early and ill-health retirements, retirement quotations, deaths in service/deferment/retirement.
- All Pensioner administration including adding and ceasing members to pensioner payroll, pension increases, tax queries, providing information to members.
Contact Detail:
Click To Hired Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator (In House)
✨Tip Number 1
Familiarise yourself with the latest pension regulations and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work in-house. Attend relevant events or join online forums to gain insights and potentially get referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed pension schemes or handled complex queries in previous roles. Real-life scenarios can showcase your expertise and problem-solving skills effectively.
✨Tip Number 4
Research StudySmarter’s company culture and values. Tailoring your conversation during interviews to align with our mission can make a strong impression and show that you're a good fit for the team.
We think you need these skills to ace Senior Pensions Administrator (In House)
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Senior Pensions Administrator position. Tailor your application to highlight relevant experience in pension administration and compliance.
Highlight Relevant Experience: In your CV and cover letter, emphasise your previous experience with pension schemes, data maintenance, and compliance with regulations. Use specific examples to demonstrate your skills in managing pensioner administration and calculations.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are a great fit for the role. Mention your passion for pension administration and how your skills align with the company's needs. Be sure to address any specific points mentioned in the job description.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in a role that involves managing sensitive financial information.
How to prepare for a job interview at Click To Hired
✨Know Your Pensions Regulations
Make sure you brush up on the latest pension regulations and compliance requirements. Being able to discuss these confidently will show that you're well-prepared and knowledgeable about the industry.
✨Demonstrate Attention to Detail
As a Senior Pensions Administrator, accuracy is key. Be ready to provide examples of how you've maintained precise records in previous roles, as this will highlight your attention to detail.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, such as dealing with a tax query or managing a member's retirement options. Practising these scenarios can help you articulate your thought process clearly.
✨Showcase Your Communication Skills
Since you'll be a point of contact for employees, it's important to demonstrate your ability to communicate complex information simply. Prepare to discuss how you've effectively communicated with stakeholders in the past.
