At a Glance
- Tasks: Lead the onboarding of Defined Benefit pension schemes and ensure data integrity.
- Company: Join a leading insurance provider with a strong growth trajectory.
- Benefits: Competitive salary, bonus, hybrid work, and career progression opportunities.
- Other info: Opportunity to advance into senior technical or leadership positions.
- Why this job: Be part of high-profile transactions and transition projects in the pensions sector.
- Qualifications: Strong background in DB pensions and experience in technical services or onboarding roles.
The predicted salary is between 45000 - 55000 £ per year.
We're supporting a leading insurance provider as they continue to grow their bulk annuity and pension risk transfer business. As part of this, they are hiring a Pensions Technical Specialist to support the onboarding of Defined Benefit schemes into their insurance platform.
This role sits at the critical point between trustees, consultancies and internal operations, ensuring schemes are accurately transitioned and data integrity is maintained from day one.
Key responsibilities- Lead technical validation of DB pension scheme data as part of onboarding activity
- Review benefit specifications, scheme rules and administration practices to ensure accurate interpretation within the insurance environment
- Identify and resolve data inconsistencies, benefit calculation issues and historical anomalies
- Work closely with onboarding, administration and actuarial teams to deliver smooth scheme transitions
- Support due diligence activity during buy-in / buy-out transactions
- Provide technical oversight and sign-off on scheme setup
- Strong DB pensions technical background (scheme rules, benefits, calculations)
- Experience in pensions administration, technical services or implementation/onboarding roles
- Good understanding of bulk annuity / risk transfer processes (desirable)
- Confident working with complex data and resolving inconsistencies
- Strong stakeholder engagement skills across trustees, consultants and internal teams
- Knowledge of pensions systems such as Hartlink, Administrator, Intellipen or similar
- Direct involvement in high-profile bulk annuity transactions
- Growing insurance platform with strong deal pipeline
- Opportunity to move away from BAU admin into a more technical, project-based role
- Clear progression into senior technical or leadership roles
Pensions Technical Specialist in London employer: All The Top Bananas
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StudySmarter Expert Advice🤫
We think this is how you could land Pensions Technical Specialist in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like All The Top Bananas). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like All The Top Bananas. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Pensions Technical Specialist in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at All The Top Bananas.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at All The Top Bananas. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at All The Top Bananas
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at All The Top Bananas to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at All The Top Bananas, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding All The Top Bananas's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
