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- Tasks: Manage diverse pension schemes and ensure accuracy in administration tasks.
- Company: Join Gallagher, a global leader in insurance brokerage and risk management.
- Benefits: Enjoy 25+ days holiday, life insurance, health plans, and more perks.
- Why this job: Make a real impact while working in a supportive and innovative environment.
- Qualifications: Experience in pension administration and strong analytical skills required.
- Other info: Gallagher values diversity and offers inclusive recruitment processes.
The predicted salary is between 36000 - 60000 £ per year.
Discover a world of endless possibilities at Gallagher Benefit Services, where you'll 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.
Are you ready to take your expertise in pension administration to the next level? Join Gallagher, a global leader in insurance brokerage and risk management, as a Principal Pensions Administrator. With opportunities in Bristol, Manchester, Edinburgh, and Ipswich, this role offers you the chance to create a significant impact while working in an encouraging and multifaceted environment.
At Gallagher, we are dedicated to encouraging a culture of excellence, innovation, and teamwork. Lead as a Principal Pensions Administrator by providing excellent service to clients and guiding a dedicated team of pensions administrators. We offer a vibrant workplace where your contributions are recognized, and your career growth is supported.
How you'll make an impact:
- Own the administration of a diverse portfolio of occupational pension schemes, including DB, DC, and Hybrid pensions, ensuring accuracy and timeliness in all tasks.
- Allocate cases, perform and check both automated and manual calculations, and manage pensioner payrolls.
- Draft and review correspondence and reports, manage cashflows, investments, disinvestments, and invoices.
- Provide supervision and training to pensions administrators and senior pensions administrators, deputizing for the Team Leader when needed.
- Engage with scheme members through various channels, addressing queries and providing solutions.
- Collaborate with team members and build enduring relationships with supporting teams.
- Support the Client Executive team and attend client meetings or new business pitches as the need arises.
About You:
- Demonstrated ability in defined benefit/defined contribution pension scheme administration.
- Achieved or studying towards the Pension Management Institute’s CPC qualification.
- Experience in management and/or mentoring of team members.
- Ability to break down and explain complex calculations in simple terms.
- Strong analytical skills with a logical approach to problem-solving.
- Proficiency in Microsoft Office and excellent communication skills.
- Ability to work effectively as part of a team and prioritize tasks to meet deadlines.
Gallagher Behaviors:
- Leading Self: Demonstrate integrity, trust, and personal responsibility.
- Leading Others & Relationships: Build diverse networks, collaborate effectively, and connect with influence.
- Leading Results: Deliver client excellence, plan strategically, and drive for results.
- Leading the Business: Demonstrate business knowledge, critical thinking, and innovation.
At Gallagher, we invest in our people’s health, financial wellbeing, and career growth. If you're ready to take on an exciting role as a Principal Pensions Administrator, apply now and become a part of our global success story. Your future starts here!
Compensation and benefits:
- 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’ll cover up to 50% of your annual income, with options to top up.
- Health cash plan or Private medical insurance.
- 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…
Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities.
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities. We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know. Should you require reasonable adjustments to your application, please get in touch.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
Principal Pension Administrator employer: Gallagher Benefit Services
Contact Detail:
Gallagher Benefit Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pension Administrator
✨Tip Number 1
Familiarise yourself with Gallagher's values and culture. Understanding their commitment to excellence, innovation, and teamwork will help you align your approach during interviews and discussions, showcasing how you can contribute to their mission.
✨Tip Number 2
Network with current or former employees of Gallagher. Engaging with them on platforms like LinkedIn can provide you with insider insights about the company and its work environment, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss your experience with defined benefit and defined contribution pension schemes in detail. Be ready to explain complex calculations in simple terms, as this is a key requirement for the role and will demonstrate your expertise.
✨Tip Number 4
Showcase your leadership and mentoring skills. Since the role involves supervising and training team members, be prepared to share examples of how you've successfully led teams or mentored others in previous positions.
We think you need these skills to ace Principal Pension Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in pension administration, particularly with defined benefit and defined contribution schemes. Use specific examples that demonstrate your analytical skills and ability to manage complex calculations.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Gallagher and how your values align with their commitment to excellence and teamwork. Mention any relevant qualifications, such as the Pension Management Institute’s CPC qualification, and your experience in mentoring team members.
Showcase Your Communication Skills: Since excellent communication is key for this role, provide examples in your application of how you've effectively engaged with clients or team members. Highlight your ability to explain complex information in simple terms.
Highlight Your Teamwork Experience: Gallagher values collaboration, so be sure to include instances where you've successfully worked as part of a team. Discuss how you’ve built relationships and contributed to a positive team environment in your previous roles.
How to prepare for a job interview at Gallagher Benefit Services
✨Showcase Your Pension Knowledge
Make sure to brush up on your knowledge of defined benefit and defined contribution pension schemes. Be prepared to discuss your experience in managing these types of pensions, as well as any specific challenges you've faced and how you overcame them.
✨Demonstrate Leadership Skills
Since the role involves supervising and mentoring a team, be ready to share examples of your leadership experience. Discuss how you've successfully guided team members in the past and how you approach training and development.
✨Communicate Clearly
Gallagher values excellent communication skills, so practice explaining complex pension calculations in simple terms. This will show your ability to engage with clients and team members effectively.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of situations where you've had to manage tight deadlines or resolve conflicts within a team, and be ready to explain your thought process and outcomes.
