At a Glance
- Tasks: Manage complex pension queries and produce reports for trustee meetings.
- Company: Join a leading Third-Party Administration firm known for exceptional client service.
- Benefits: Enjoy hybrid working options and potential for 100% remote work for top candidates.
- Other info: Progression with PMI qualifications is desirable; varied role with new business activities.
- Why this job: Be part of a friendly, driven team dedicated to outstanding service and professional growth.
- Qualifications: Strong Defined Benefit experience required; Defined Contribution knowledge is a plus.
The predicted salary is between 48000 - 72000 £ per year.
We are looking for experienced and driven Senior Pensions Administrators to join this high-performing pensions team. You’ll work with a portfolio of prestigious and market-leading clients, delivering high-quality services across a range of complex pension arrangements.
This is a fantastic opportunity to build on your existing knowledge and develop your career further. You’ll gain exposure to a wide variety of schemes, projects, and clients – all while being supported through continuous development, training, and professional growth.
Key Responsibilities
• Process and manage advanced calculations for complex Defined Benefit (DB) pension schemes.
• Complete a range of administration cases (retirements, transfers, deaths) accurately and efficiently.
• Review and check work completed by junior team members, providing clear feedback and support.
• Act as a key escalation point for technical issues and member complaints.
• Coordinate workloads and contribute to the achievement of team service level agreements.
• Mentor and support junior colleagues, fostering development and knowledge sharing.
• Proactively identify areas for process improvement and take ownership of implementing solutions.
• Support on complex casework and contribute to project delivery as needed.
What You’ll Bring
• Proven experience in occupational pension administration (DB is essential, DC is desirable).
• Strong knowledge of pensions legislation, regulations, and manual calculations.
• High attention to detail with excellent written and verbal communication skills.
• Ability to manage a high volume of work without compromising accuracy.
• Confident using Microsoft Excel and Word in a professional setting.
• Experience supporting and mentoring less experienced colleagues.
• Comfortable working in a hybrid and/or multi-site team environment.
What’s on Offer
• Hybrid working approach, with flexibility depending on the needs of the team and clients.
• Competitive salary and generous employee benefits including an annual bonus and up to 10% employer pension contribution.
• Exposure to a broad and varied client base – from smaller schemes to complex, large-scale pension plans.
• Opportunities to develop your skills through formal training, on-the-job experience, and professional qualifications.
A collaborative, inclusive working culture where your input and growth are genuinely valued.
Pensions Systems "After 34 years with my last employer (over 2 periods of service) I decided to leave a few weeks ago. Huge thanks go to Dianne and her team from Abenefit2u for their support and guidance in making this step relatively easy. I would highly recommend Dianne and Abenefit2u. I'm now looking forward to ...
#J-18808-LjbffrSenior Pensions Administrator employer: Abenefit2u
Abenefit2u is an exceptional employer that values its employees by fostering a collaborative and supportive work culture in the heart of Greater London. With a strong focus on professional development, team members are encouraged to grow their skills and advance their careers while contributing to high-quality service delivery in the pensions sector. Join us to be part of an award-winning company where your expertise will be recognised and your contributions will truly make a difference.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pensions Administrator
✨Tip Number 1
Make sure to highlight your Defined Benefit experience in conversations with our team. Be prepared to discuss specific scenarios where you've handled complex queries or manual calculations, as this will demonstrate your expertise and suitability for the role.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in pensions administration. Showing that you are up-to-date with industry changes can set you apart and show us that you're proactive about your professional development.
✨Tip Number 3
Network with current or former employees of our organisation. They can provide valuable insights into our company culture and expectations, which can help you tailor your approach during interviews.
✨Tip Number 4
Prepare to discuss how you would contribute to new business activities. Think about innovative ideas or strategies you could bring to the table, as we value candidates who can think outside the box and drive growth.
We think you need these skills to ace Senior Pensions Administrator
Some tips for your application 🫡
Highlight Relevant Experience:Make sure to emphasise your strong Defined Benefit experience in your CV and cover letter. Detail your knowledge of the administration process and any complex queries you've handled.
Showcase Technical Skills:Include specific examples of your technical knowledge related to pensions administration. Mention any software or systems you are proficient in that are relevant to the role.
Demonstrate Team Collaboration:Since this role involves working within a team, highlight your ability to check and allocate work effectively. Provide examples of how you've contributed to team success in previous roles.
Express Enthusiasm for the Role:In your cover letter, convey your excitement about joining a growing business and your commitment to delivering outstanding service. Mention your willingness to participate in new business activities.
How to prepare for a job interview at Abenefit2u
✨Showcase Your Technical Knowledge
As a Senior Pensions Administrator, it's crucial to demonstrate your strong technical knowledge during the interview. Be prepared to discuss specific aspects of Defined Benefit and Defined Contribution schemes, and share examples of complex queries you've handled in the past.
✨Prepare for Manual Calculations
Since the role involves manual calculations, brush up on your skills before the interview. You might be asked to solve a calculation on the spot, so practice common scenarios and be ready to explain your thought process clearly.
✨Discuss Your Experience with Reporting
The job requires producing reports for trustee meetings, so be ready to talk about your experience in this area. Highlight any specific reports you've created, the tools you used, and how your contributions impacted decision-making.
✨Emphasise Team Collaboration
This position is part of a friendly and driven team, so it's important to convey your ability to work collaboratively. Share examples of how you've successfully worked with others in previous roles, especially in handling new business activities or allocating work.