At a Glance
- Tasks: Manage and oversee pension schemes, ensuring accuracy and timely completion of tasks.
- Company: Join Gallagher Benefit Services, a leader in creating better workplaces.
- Benefits: Enjoy 25+ days holiday, health insurance, and employee stock options.
- Other info: Inclusive culture with opportunities for professional growth and community impact.
- Why this job: Make a real difference in clients' lives while shaping the future of work.
- Qualifications: 5+ years in pensions administration and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
At Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them.
Are you an experienced pensions professional looking for your next challenge? We’re seeking a Principal Pensions Administrator to join our team. You’ll play a key role in managing a portfolio of occupational pension schemes, including Defined Benefit (DB), Defined Contribution (DC), and Hybrid schemes. This is a fantastic opportunity to make a real difference in the lives of our clients and their members.
How you’ll make an impact:
- Administer and oversee a portfolio of pension schemes, ensuring all tasks and calculations are accurate and completed on time.
- Allocate cases, perform and review both automated and manual calculations.
- Draft and review correspondence, reports, and manage pensioner payrolls.
- Provide guidance and training to pensions administrators and senior pensions administrators.
- Support the Client Executive team and attend client meetings or new business pitches when required.
- Liaise with scheme members via email, phone, and letters, ensuring clear and professional communication.
- Manage cashflows, investments, disinvestments, and invoices.
- Collaborate with team members and build strong relationships with supporting teams.
- Assist the Team Leader and deputise when needed.
About You:
- At least 5 years’ experience in administering DB, DC, or Hybrid pension schemes.
- Achieved or currently studying towards the Pension Management Institute’s CPC qualification.
- Experience in managing or mentoring team members.
- Strong analytical skills with a logical approach to problem-solving.
- Ability to explain complex calculations in simple terms.
- Excellent communication skills, both written and verbal.
- Proficient in Microsoft Office and able to process data accurately.
- A team player with strong prioritisation skills to meet deadlines and disclosure requirements.
Compensation and benefits:
- Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days.
- Defined contribution pension scheme, which Gallagher will also contribute to.
- Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x.
- Income protection, we’ll cover up to 50% of your annual income, with options to top up.
- Health cash plan or Private medical insurance.
- Three fully paid volunteering days per year.
- Employee Stock Purchase plan, offering company shares at a discount.
- Share incentive plan, HMRC approved, tax effective, stock purchase plan.
- Critical illness cover.
- Discounted gym membership, with over 3,000 gyms nationally.
- Season ticket loan.
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase.
- Emergency back-up family care.
- And many more...
We value inclusion and diversity. Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities.
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long‑term health conditions or disabilities. We understand that applicants may have disabilities; if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know. Should you require reasonable adjustments to your application, please get in touch with TAglobalSupport@ajg.com.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected by applicable federal, state, or local laws.
Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Principal Pensions Associate employer: Arthur J. Gallagher & Co. (AJG)
Gallagher Benefit Services is an exceptional employer that fosters a collaborative and inclusive work culture, where your contributions truly matter. With a strong commitment to employee growth, we offer extensive benefits including generous holiday allowances, health plans, and opportunities for professional development, all while making a meaningful impact in the pensions sector. Join us in shaping better workplaces and enjoy the unique advantage of being part of a community that values diversity and supports your career aspirations.
Contact Details:
Arthur J. Gallagher & Co. (AJG) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pensions Associate
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We think you need these skills to ace Principal Pensions Associate
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