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- Tasks: Manage pension schemes and provide excellent service to members and clients.
- Company: Join Alexander Lloyd, a leading Pension's Consultancy in the UK.
- Benefits: Enjoy hybrid working with 2 days in the office and 3 days from home.
- Why this job: Build a rewarding career in a dynamic environment with diverse responsibilities.
- Qualifications: 5+ years of Defined Benefits pension administration experience required.
- Other info: Opportunity to assist with exciting projects and attend client meetings.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
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 Glasgow office, 2 days a week in the office, 3x days working from home.
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 as a Senior Pensions Administrator, please apply today.
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
Familiarise yourself with the latest UK pensions legislation and regulations. 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 consultancy or TPA roles. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of your experience with defined benefit and defined contribution schemes. Highlighting your past projects and how you managed them can set you apart from other candidates.
✨Tip Number 4
Showcase your communication skills by preparing questions for the interviewers about their team dynamics and client interactions. This will reflect your interest in providing excellent service and working collaboratively.
We think you need these skills to ace Senior Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in pensions administration, particularly focusing on defined benefit and defined contribution schemes. Use specific examples from your past roles to demonstrate your expertise.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention your understanding of UK pensions legislation and how your skills align with the responsibilities listed in the job description.
Highlight Key Skills: In your application, emphasise your communication skills and ability to work in a fast-paced environment. Provide examples of how you've successfully managed projects or worked collaboratively with teams in previous positions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the pensions administration field.
How to prepare for a job interview at Alexander Lloyd
✨Know Your Pensions Legislation
Make sure you brush up on UK pensions legislation and regulations before the interview. Being able to discuss specific laws and how they apply to defined benefit and defined contribution schemes will show your expertise and confidence in the field.
✨Demonstrate Your Experience
Prepare to share specific examples from your 5+ years of experience in pensions administration. Highlight any complex calculations or projects you've managed, as well as your role in team dynamics, to illustrate your capability and leadership skills.
✨Showcase Communication Skills
Since excellent communication is key for this role, practice articulating your thoughts clearly and concisely. Be ready to explain complex pension concepts in simple terms, as you may need to do this with clients and trustees.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to pensions administration and their current projects. This not only shows your interest in the role but also helps you gauge if the company aligns with your career goals.
