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- Tasks: Manage DB and DC pensions administration, ensuring accuracy and meeting deadlines.
- Company: Join an award-winning pensions firm known for investing in its people.
- Benefits: Enjoy a salary up to £42,000, professional study support, and flexible working options.
- Why this job: Be part of a growing team with opportunities for long-term career development.
- Qualifications: Experience in DB pensions administration and manual calculations is essential; DC experience is a plus.
- Other info: Work 2 days in the office and 3 days from home, with a supportive team environment.
The predicted salary is between 33600 - 50400 £ per year.
Salary: To £42,000
Office/WFH: Office based 2 days p/w, 3 days p/w WFH
Requirements: DB pensions administration & manual calculations experience essential, ideally some DC admin and projects experience.
Role Snapshot: Processing all aspects of DB and DC membership administration, allocating and checking the work of Pensions Administrators for accuracy, ensuring deadlines are met. Expanding business - recent new scheme/business wins leading to a number of new roles and expansion of current teams.
The Company: An established pensions business, recent industry award winners and recognised for their investment in people. This client is expanding across the business, so a good company to develop with long-term.
The Role: The focus on this Senior Pensions Administrator role is based around processing of DB and DC casework whilst also allocating and checking the work produced by others within the team to ensure that the service is considered by clients to be 'First Class' whilst also making sure deadlines are met.
- Provide members with quotations as requested, accurately and to agreed deadlines.
- Demonstrate a good understanding of DB & DC administration, including practical experience of benefit calculations, contracting-out and the Pension Freedoms.
- Producing stewardship reports within the required timescales.
- Produce accurate written correspondence to deadlines.
- Ensure processes and documentation are kept up to date and proactively challenge procedures to identify improvements and efficiencies.
- Undertake periodical and ad-hoc administrative tasks as well as involvement in ad-hoc projects.
- Participate in new business exercises, representing the company to external prospects and clients.
Skills / Experience Required: For this Senior Pensions Administrator role you must have solid DB pensions admin and manual calculations experience, with DC experience being advantageous. You should be comfortable with using MS Office, a strong team player, well organised with excellent communication skills.
Additional Information: Salary for the Senior Pensions Administrator role is to £42,000 professional study support and company pension. As mentioned above, the average working week would be 2 days office and 3 days WFH.
Please apply below.
Senior Pensions Administrator employer: Arc
Contact Detail:
Arc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in DB and DC pensions administration. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work in DB and DC administration. Attend relevant events or join online forums to connect with others and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific examples of your experience with manual calculations and how you've ensured accuracy in your previous roles. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your teamwork and communication skills by preparing examples of how you've collaborated with colleagues to meet deadlines or improve processes. This is crucial for the Senior Pensions Administrator role, where you'll be overseeing the work of others.
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 experience in DB pensions administration and manual calculations. Include specific examples of your work that demonstrate your understanding of both DB and DC administration.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with the responsibilities outlined in the job description, particularly your ability to meet deadlines and produce accurate reports.
Showcase Relevant Skills: Emphasise your proficiency in MS Office and your strong communication skills. Provide examples of how you've worked effectively in a team and contributed to improving processes in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in this role.
How to prepare for a job interview at Arc
✨Showcase Your DB & DC Knowledge
Make sure to highlight your experience with Defined Benefit (DB) and Defined Contribution (DC) pensions during the interview. Be prepared to discuss specific cases where you've successfully managed membership administration or performed manual calculations.
✨Demonstrate Team Leadership Skills
Since this role involves allocating and checking the work of others, emphasise your leadership abilities. Share examples of how you've guided a team in the past, ensuring accuracy and meeting deadlines.
✨Prepare for Technical Questions
Expect technical questions related to pensions administration, such as benefit calculations and the Pension Freedoms. Brush up on these topics and be ready to explain your thought process when solving related problems.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's recent expansion and new business initiatives. This shows your interest in the role and helps you understand how you can contribute to their goals.
