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- Tasks: Lead a team in efficient pension fund administration and ensure compliance.
- Company: Join a dynamic Resources Department focused on pension management.
- Benefits: Enjoy professional growth, training opportunities, and a collaborative work environment.
- Why this job: Make a real impact while developing your leadership skills in the pensions sector.
- Qualifications: GCE/GCSE passes in Maths and English; 3 years of pensions admin experience required.
- Other info: Ideal for those passionate about pensions and team leadership.
The predicted salary is between 43200 - 72000 £ per year.
Are you ready to elevate your career in the pensions sector? This role offers a unique chance to lead a dedicated team within the Resources Department, reporting directly to the Pensions Manager. As the Pensions Team Leader, you will be responsible for up to six team members, ensuring the efficient and compliant administration of the Pension Fund.
Why This Role Stands Out:
- Leadership Impact: Shape and enhance a new team, bringing your expert Local Government Pension Scheme (LGPS) experience to deliver a comprehensive service.
- Professional Growth: Engage in continuous learning and development, staying abreast of the latest pension legislation.
- Collaborative Environment: Develop strong working relationships with administrators, employers, HR colleagues, and senior management.
- Diverse Responsibilities: From managing pension advisors to liaising with scheme employers, your role will be varied and impactful.
Key Responsibilities:
- Support the Pensions Manager in overseeing the Retained Pension Client Service, monitoring the pension administrator’s performance.
- Lead the Pension Advisors in administrative duties, ensuring accurate maintenance of scheme member records.
- Manage the customer service function for the in-house pension service, making sound decisions to enhance service delivery.
- Ensure employers meet their obligations regarding pension information provision.
- Oversee the accurate calculation and timely payment of retirement benefits, redundancy payments, and other pension-related transactions.
- Provide training and guidance to pension advisors, fostering a high standard of service.
Essential Qualifications and Skills:
- Passes in GCE/GCSE level (or equivalent) in Maths and English.
- Minimum of 3 years of defined benefit (DB) pensions administration experience.
- Proactive management of personal and team workloads, with the ability to prioritise effectively.
- Strong verbal communication skills, capable of handling sensitive situations with tact.
- Proficiency in Microsoft Office applications, particularly Word and Excel.
Desirable Attributes:
- Membership of PMI or IPPM, or relevant qualifications.
- 4 years of LGPS or DB administration experience, with some team supervision.
- Up-to-date knowledge of LGPS regulations and the ability to communicate these clearly to various audiences.
- Experience in providing training and advice on LGPS administration.
Pensions Team Leader employer: Vox Network Consultants
Contact Detail:
Vox Network Consultants Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Team Leader
✨Tip Number 1
Make sure to highlight your leadership experience in your conversations. As a Pensions Team Leader, you'll be shaping a new team, so demonstrating your ability to lead and develop others will be crucial.
✨Tip Number 2
Familiarise yourself with the latest LGPS regulations and be prepared to discuss them. Showing that you are up-to-date with current legislation will set you apart as a knowledgeable candidate.
✨Tip Number 3
Network with professionals in the pensions sector, especially those involved with LGPS. Building relationships can provide insights into the role and may even lead to referrals.
✨Tip Number 4
Prepare to discuss your approach to customer service in pension administration. Being able to articulate how you would enhance service delivery will demonstrate your commitment to excellence in this role.
We think you need these skills to ace Pensions Team Leader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in pensions administration, particularly with defined benefit schemes. Emphasise any leadership roles or team management experience you have, as this is crucial for the Pensions Team Leader position.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the pensions sector and your desire to lead a team. Mention specific examples of how you've successfully managed workloads and improved service delivery in previous roles.
Highlight Relevant Qualifications: Clearly list your qualifications, especially any memberships with PMI or IPPM, and ensure you mention your GCSE passes in Maths and English. This will demonstrate your suitability for the role.
Showcase Communication Skills: Since strong verbal communication skills are essential, consider including examples of how you've effectively communicated complex pension regulations to different audiences in your application.
How to prepare for a job interview at Vox Network Consultants
✨Showcase Your Leadership Skills
As a Pensions Team Leader, your ability to lead and inspire a team is crucial. Prepare examples of how you've successfully managed teams in the past, highlighting your leadership style and how it has positively impacted team performance.
✨Demonstrate Your LGPS Knowledge
Make sure to brush up on the Local Government Pension Scheme regulations and recent changes. Be ready to discuss how you would apply this knowledge in your role, as well as any experiences you've had dealing with pension legislation.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Think of specific scenarios where you had to manage sensitive situations or make tough decisions, and be prepared to explain your thought process.
✨Emphasise Communication Skills
Strong verbal communication is essential in this role. Prepare to discuss how you've effectively communicated complex pension information to various audiences, and consider sharing examples of how you've handled challenging conversations with tact.
