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- Tasks: Manage complex pension benefit structures and handle transfers, retirements, and general enquiries.
- Company: Join a leading third-party administration business in the pensions industry.
- Benefits: Enjoy remote work flexibility and competitive pay of up to £350 per day.
- Why this job: Gain valuable experience in a high-pressure environment while making a real impact in pensions administration.
- Qualifications: Strong Defined Benefits/Final Salary administration experience is essential.
- Other info: Immediate start available for a minimum 3-month contract.
Due to a further spike in work, one of the pensions industry’s leading third-party administration businesses have an urgent requirement for a number of Senior Pensions Administrators for a minimum 3 month contract offering an immediate start.
Candidates MUST possess strong Defined Benefits/Final Salary administration experience and be comfortable with the following points:
- Experienced in complex DB/DC/Hybrid pension benefit structures (including all the new LTA changes)
- Be able to do or check work on Transfers, Retirements and Deaths (and general enquiries)
- High pressurised/high volume of work expected each day
- Be able to confidently move across clients and schemes by utilising knowledge tools and scheme Trust Deed and Rules
Contracts are home based and will pay up to £350 per day inside IR35.
Senior Pension Admin - DB - 3month FTC employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Admin - DB - 3month FTC
✨Tip Number 1
Familiarise yourself with the latest changes in pension regulations, especially around Defined Benefits and Lifetime Allowance (LTA) changes. This knowledge will not only boost your confidence but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Prepare to discuss your experience with complex DB/DC/Hybrid pension structures in detail. Be ready to provide examples of how you've handled transfers, retirements, and deaths, as well as general enquiries, to showcase your expertise.
✨Tip Number 3
Highlight your ability to work under pressure and manage high volumes of work. Think of specific instances where you successfully met tight deadlines or managed multiple tasks simultaneously, as this will resonate well with the demands of the role.
✨Tip Number 4
Demonstrate your adaptability by discussing your experience with different clients and schemes. Share how you’ve effectively used knowledge tools and scheme Trust Deeds and Rules to navigate various situations, which is crucial for this position.
We think you need these skills to ace Senior Pension Admin - DB - 3month FTC
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasise your strong Defined Benefits and Final Salary administration experience in your CV and cover letter. Use specific examples that demonstrate your expertise in handling complex DB/DC/Hybrid pension benefit structures.
Showcase Your Skills: Clearly outline your ability to manage high-pressure situations and high volumes of work. Mention any tools or methodologies you use to stay organised and efficient, especially when dealing with Transfers, Retirements, and Deaths.
Tailor Your Application: Customise your application to reflect the specific requirements mentioned in the job description. Address how your skills align with the need for moving across clients and schemes, and your familiarity with scheme Trust Deed and Rules.
Proofread Your Documents: Before submitting your application, thoroughly proofread your CV and cover letter. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in the pensions industry.
How to prepare for a job interview at IPS Group
✨Showcase Your DB Experience
Make sure to highlight your experience with Defined Benefits and Final Salary administration. Be prepared to discuss specific cases where you've handled complex pension benefit structures, especially in relation to the recent LTA changes.
✨Demonstrate Problem-Solving Skills
Given the high-pressure environment, it's crucial to showcase your ability to handle Transfers, Retirements, and Deaths efficiently. Prepare examples of how you've managed these processes in the past, particularly under tight deadlines.
✨Familiarise Yourself with Client Schemes
Since the role requires moving across different clients and schemes, brush up on your knowledge of various Trust Deeds and Rules. Being able to discuss how you would utilise this knowledge in practice will impress your interviewers.
✨Prepare for High-Volume Work
Expect questions about how you manage a high volume of work daily. Think of strategies you've used in previous roles to stay organised and maintain quality under pressure, and be ready to share these insights.
