Trainee Pensions Administrator

Trainee Pensions Administrator

London Internship Home office (partial)
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At a Glance

  • Tasks: Join our team to assist with pensions administration and client communications.
  • Company: LCP is a dynamic consultancy helping clients navigate complex decisions across various sectors.
  • Benefits: Enjoy hybrid working, professional study support, and a comprehensive wellbeing package.
  • Why this job: Kickstart your career in a fun, collaborative environment with opportunities for growth and learning.
  • Qualifications: A-levels or equivalent; office experience is a plus but not essential.
  • Other info: We value diversity and are committed to making our opportunities accessible to all.

At LCP we love what we do, and it shows. We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology. Working across a wide range of sectors, including pensions and benefits, investments, insurance, energy, health, sports, and data analytics, we help our clients navigate complexity in order to take the action that matters.

We have exciting opportunities to start your career in pensions administration as a trainee.

Who are the department and what is the role?

By joining our pension\’s administration department you will be part of a team of committed professionals that gives their clients the best possible service. Each day is spent working on a number of clients leading to variety in the work that you will do. As you develop you will take on more responsibility for the clients that you work on which will give you a real sense of client ownership and individual growth as you learn more about pensions in general.

As you develop and grow at LCP and move on from the trainee role there will be new and exciting opportunities in a number of areas. This may include involvement in specialist groups, helping develop internal procedures and training and undertaking more complex number and technical work.

What will you be doing?

  • Producing calculations of member\’s benefits by either using pro forma or an automated calculation routine. Calculations will vary from scheme to scheme and will increase in complexity with experience.
  • Preparing the appropriate explanatory standard letters to members, clients and advisers
  • Maintaining the client database and website (where appropriate) and updating individual member records accurately and completely
  • Input information on data files for bulk updates or for producing reports and completing simple verification processes to check data has been entered accurately. You will also be expected to assist in keeping these records in order
  • Preparing letters to members, clients and advisors to answer their questions and general enquiries about their benefits. This will be by using standard letters and templates or by drafting non-standard responses
  • Communicating with scheme members and clients and dealing with general telephone enquiries on a day to day basis

What skills, qualities and experience do you need for this role?

  • Educated to \’A\’ level, degree level or equivalents
  • Previous office experience would be useful but pensions experience is not essential
  • Willingness to study for professional exams
  • Excellent organisation and attention to detail skills
  • The ability to work under your own steam but also to be a strong team player, capable of multi-tasking and fluctuating workloads. The ability to organise and manage your workloads is vital!
  • A high standard of professionalism is required at all times as is a flexibility of hours worked and work undertaken
  • An inquisitive mind and keenness to learn

What’s in it for you?

Take a look at ourGlassdoor page to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

  • Hybrid working (varies by role and department)
  • professional study support (where applicable)
  • Access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks

For your family:

  • Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave

For your health:

  • 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
  • Private medical insurance
  • Discounted gym memberships, critical illness and dental insurance through our flexible benefits
  • Cycle to work scheme
  • Digital GP services

For your wealth:

  • Discretionary bonus scheme
  • Season ticket loans

For others:

  • Volunteering opportunities

For the environment:

  • Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address to discuss how we can support you with your application.

LCP currently holds a sponsorship license for skilled worker visas, allowing us to assist with applications aligning with the UK Government\’s criteria for skilled worker sponsorship. If you anticipate needing sponsorship for a skilled worker visa, we recommend reviewing the sponsorship criteria for your desired role before applying to LCP.

Recruitment agencies

LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs from agencies who are not part of our currentPSL. LCP only pay agency fees where we have a signed agreement in place, and the agency has been instructed by a member of our recruitment team to supply CVs via the Applicant Tracking System (ATS) for a legitimate, open vacancy. If this process is not adhered to, LCP reserve the right to contact these candidates directly and have discussions with them without paying any agency fees. We do not pay agency fees when speculative and unsolicited CVs are submitted to any employee or Partner at LCP.

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Trainee Pensions Administrator employer: Lane Clark & Peacock LLP.

At LCP, we pride ourselves on fostering a vibrant and inclusive work culture that prioritises personal and professional development. As a Trainee Pensions Administrator, you will benefit from hybrid working options, comprehensive study support, and a generous benefits package that promotes your wellbeing, all while being part of a collaborative team dedicated to delivering exceptional service to our clients. With opportunities for growth and involvement in various specialist areas, LCP is an excellent employer for those seeking a meaningful career in pensions administration.
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Contact Detail:

Lane Clark & Peacock LLP. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Trainee Pensions Administrator

✨Tip Number 1

Familiarise yourself with the basics of pensions administration. Understanding key concepts and terminology will not only help you during interviews but also demonstrate your genuine interest in the field.

✨Tip Number 2

Network with professionals in the pensions industry. Attend relevant events or join online forums to connect with people who can provide insights and potentially refer you to opportunities at LCP.

✨Tip Number 3

Showcase your organisational skills by discussing any relevant experiences where you managed multiple tasks or projects. This will highlight your ability to handle fluctuating workloads, which is crucial for this role.

✨Tip Number 4

Prepare thoughtful questions about the company culture and growth opportunities during your interview. This shows that you are not only interested in the role but also in how you can develop within LCP.

We think you need these skills to ace Trainee Pensions Administrator

Attention to Detail
Organisational Skills
Communication Skills
Teamwork
Time Management
Data Entry Accuracy
Problem-Solving Skills
Client Relationship Management
Adaptability
Basic Numerical Skills
Proficiency in Microsoft Office Suite
Willingness to Learn
Professionalism
Ability to Multi-task

Some tips for your application 🫡

Understand the Role: Read the job description carefully to understand the responsibilities and skills required for the Trainee Pensions Administrator position. Tailor your application to highlight how your background aligns with these requirements.

Craft a Strong CV: Ensure your CV is up-to-date and clearly outlines your education, relevant experience, and skills. Emphasise any office experience or transferable skills that demonstrate your ability to manage workloads and attention to detail.

Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of LCP that attract you, such as their commitment to professional development and inclusive workplace culture.

Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial for this role.

How to prepare for a job interview at Lane Clark & Peacock LLP.

✨Understand the Role

Make sure you have a clear understanding of what a Trainee Pensions Administrator does. Familiarise yourself with the key responsibilities mentioned in the job description, such as producing calculations and maintaining client databases. This will help you answer questions confidently.

✨Show Your Willingness to Learn

Since pensions experience isn't essential, highlight your eagerness to learn and grow in the role. Be prepared to discuss how you plan to study for professional exams and develop your skills further.

✨Demonstrate Attention to Detail

Given the importance of accuracy in this role, be ready to provide examples from your past experiences where attention to detail was crucial. This could be from previous jobs or academic projects.

✨Prepare Questions

Have a few thoughtful questions ready to ask at the end of the interview. This shows your interest in the company and the role. You might ask about the team dynamics or opportunities for professional development within LCP.

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