At a Glance
- Tasks: Administer pension schemes, process member benefits, and support scheme events.
- Company: Join a leading Pension Administration firm in a collaborative environment.
- Benefits: Enjoy a salary up to £30k, 28 days leave, and private medical insurance.
- Why this job: Make a real impact in pensions while enjoying flexible hybrid working.
- Qualifications: 2 years' experience in Defined Benefit pensions and strong MS Office skills required.
- Other info: Opportunities for personal growth and a discretionary bonus scheme.
The predicted salary is between 21600 - 36000 £ per year.
Job Description
About the company:
Alexander Lloyd is partnered with a market leading Pension Administration firm and are currently recruiting for Pensions Administrator to join their fast-paced and collaborative BAU Pensions Admin team on a full-time and permanent basis! This position is aligned to their Edinburgh office and operate a flexible hybrid working arrangement.
About the role:
The successful candidate will provide pension scheme administration to a portfolio of Defined Benefits (mainly) and Defined Contribution schemes. As a Pensions Administrator you will be responsible for processing member benefits such as deaths, retirements, divorces, transfers. As well as member events administration, there will also be opportunities to support with scheme events such as pension increases, processing annual benefit statements, producing administration reports and mailings.
Key responsibilities:
- Processing member benefits in line with service level agreements.
- Performing manual calculations.
- Processing scheme events as and when required.
- Producing letter, emails and reports using set templates as well as producing bespoke letters and emails as and when required.
- Liaising and answer enquiries via telephone and email.
Skills and experience required:
- At least 2 year's experience of delivering administration services to Defined Benefit pensions schemes.
- Strong technical pensions and legislation knowledge and understanding
- Strong MS office skills
- Great communication and organisation skills
Benefits:
- Salary up to £30k DOE
- 28 days annual leave plus bank holidays
- Discretionary bonus scheme
- DB Pension Care Scheme for staff
- Life Assurance
- Private Medical Insurance
- Health Care Cash Plan
- Paid volunteering days
Apply today and become part of a forward-thinking organisation where you can make a real difference in Pensions Administration.
Pensions Administrator employer: Alexander Lloyd
Contact Detail:
Alexander Lloyd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Administrator
✨Tip Number 1
Familiarise yourself with the latest pension regulations and legislation. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work in administration roles. Attend relevant events or join online forums to gain insights and potentially get referrals.
✨Tip Number 3
Prepare for potential technical assessments by practising manual calculations related to pensions. Being able to showcase your skills in this area can set you apart from other candidates.
✨Tip Number 4
Demonstrate your communication skills by preparing thoughtful questions about the role and the company during your interview. This shows your interest and helps you stand out as a proactive candidate.
We think you need these skills to ace Pensions Administrator
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and required skills for the Pensions Administrator position. Tailor your application to highlight your relevant experience in pension scheme administration.
Highlight Relevant Experience: Make sure to emphasise your 2 years of experience in delivering administration services to Defined Benefit pension schemes. Use specific examples to demonstrate your technical knowledge and understanding of pensions legislation.
Showcase Communication Skills: Since the role involves liaising with members and answering enquiries, include examples of your strong communication skills. Mention any experience you have in producing reports, letters, or emails, as well as handling queries effectively.
Tailor Your CV and Cover Letter: Customise your CV and cover letter to reflect the skills and experiences that align with the job requirements. Use keywords from the job description to ensure your application stands out to the hiring team.
How to prepare for a job interview at Alexander Lloyd
✨Know Your Pensions Legislation
Make sure you brush up on your knowledge of pensions legislation and regulations. Being able to discuss relevant laws and how they apply to Defined Benefit and Defined Contribution schemes will show that you are well-prepared and knowledgeable.
✨Demonstrate Your Technical Skills
Since strong technical skills are essential for this role, be ready to discuss your experience with manual calculations and using MS Office tools. You might even want to prepare examples of how you've used these skills in previous roles.
✨Prepare for Scenario Questions
Expect questions that ask you to describe how you would handle specific situations, such as processing member benefits or dealing with enquiries. Think of examples from your past experience that highlight your problem-solving abilities and attention to detail.
✨Showcase Your Communication Skills
As a Pensions Administrator, you'll need to liaise with clients and colleagues regularly. Be prepared to demonstrate your communication skills during the interview by articulating your thoughts clearly and confidently, and perhaps even providing examples of successful interactions you've had in the past.