At a Glance
- Tasks: Manage and maintain pension schemes, ensuring excellent service to members.
- Company: Join a leading Pension’s Consultancy with a supportive and dynamic team.
- Benefits: Hybrid working, competitive salary, and opportunities for career growth.
- Why this job: Make a real impact in the pensions industry while developing your skills.
- Qualifications: 5+ years in pension administration and strong communication skills required.
- Other info: Exciting projects and a fast-paced environment await you!
The predicted salary is between 36000 - 60000 £ per year.
About the company:
Alexander Lloyd is partnered with a Pension’s Consultancy who provide Pensions Administration, Actuarial and Trustee services to clients across the UK! Our client is looking to appoint a Senior Pensions Administrator to their BAU Administration team. This is an exciting opportunity which can offer an interesting working environment which will allow you to build a rewarding career.
This is a hybrid working role aligned to the Manchester office, 2 days a week in the office, and home working.
About the role:
You will be responsible managing and maintaining the administration aspects of defined benefit and defined contribution pension schemes on behalf of the scheme trustees. The team carry out all types of exercises from winding up schemes and calculating members’ pension benefits to carrying out forensic research for schemes where the business has been appointed by The Pensions Regulator, all the while providing an excellent service to the members.
Key responsibilities:
- Process member benefits, including retirements, bereavements, divorces, transfers, joiner & leavers.
- Producing complex and manual calculations.
- Allocating and checking of work for junior members of the team.
- Assist with projects as and when required (GMPe and data exercises, wind up of schemes)
- Attendance of clients and trustee meetings
Key skills and experience required:
- Strong Defined Benefits pension administration experience, ideally a minimum 5+ years from within a pension consultancy or TPA.
- Strong understanding around UK pensions legislation, and regulations.
- Excellent communication skills, both written and verbal.
- Be able to work in a fast-paced environment, providing excellent service to members and clients.
- Experience in managing ad-hoc and annual pension projects would be advantageous.
If you meet the key skills and experience required and are ready for your next career move as a Senior Pensions Administrator, please apply today.
Locations
Senior Pensions Administrator employer: Alexander Lloyd
Contact Detail:
Alexander Lloyd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for a Senior Pensions Administrator role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK pensions legislation and regulations. Make sure you can confidently discuss your experience with defined benefit and defined contribution schemes, as this will show you're the right fit for the role.
✨Tip Number 3
Don’t just wait for job postings to come to you! Keep an eye on our website and apply directly through it. This way, you’ll be one step ahead and can showcase your enthusiasm for the role right from the start.
✨Tip Number 4
Practice your communication skills! Since excellent communication is key in this role, consider doing mock interviews with friends or family. This will help you articulate your thoughts clearly and confidently during the real deal.
We think you need these skills to ace Senior Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Pensions Administrator role. Highlight your experience in defined benefit and defined contribution schemes, and don’t forget to showcase your understanding of UK pensions legislation!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific projects or experiences that relate to the responsibilities listed in the job description.
Show Off Your Communication Skills: Since excellent communication is key for this role, make sure your written application reflects that. Keep your language clear and professional, but don’t be afraid to let your personality shine through!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Alexander Lloyd
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of defined benefit and defined contribution schemes. Familiarise yourself with the latest UK pensions legislation and regulations, as this will show your potential employer that you're not just experienced but also up-to-date with industry standards.
✨Showcase Your Communication Skills
Since excellent communication is key in this role, prepare to demonstrate your verbal and written skills during the interview. Think of examples where you've effectively communicated complex information to clients or team members, as this will highlight your ability to provide excellent service.
✨Prepare for Technical Questions
Expect some technical questions related to pensions administration. Brush up on your calculation methods and be ready to discuss how you would handle various scenarios, such as processing member benefits or managing projects like GMPe exercises. This will help you stand out as a knowledgeable candidate.
✨Demonstrate Team Leadership
As a Senior Pensions Administrator, you'll likely be overseeing junior team members. Be prepared to discuss your experience in allocating work and mentoring others. Share specific examples of how you've successfully led a team or contributed to their development, as this will show your leadership potential.