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- Tasks: Manage daily operations of DB pension schemes, including calculations and member communications.
- Company: Ashe Consulting is a leading recruitment firm in Financial Services, focusing on London and the South East.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and collaboration.
- Why this job: Join a reputable firm known for innovation and excellent service while making a real impact.
- Qualifications: Must have 2+ years in occupational pension schemes and knowledge of DB arrangements.
- Other info: Experience with Profund oPen platform is preferred but not essential.
The predicted salary is between 43200 - 72000 £ per year.
This client has quickly established a reputation for first class service, innovative ideas and a willingness to work alongside other firms of advisers to ensure that clients’ needs and expectations are met. They are looking for a dynamic Senior Pensions Administrator who will be responsible for all aspects of the day to day administration of a number of DB pension schemes.
You will be involved in the manual calculation and payment of benefits, production of reports, efficient handling of correspondence, e-mail and telephone enquiries from scheme members and third party institutions, assisting with scheme renewal queries and issuing of benefit statements as required. Also you will be performing calculations and communication of pension increases and undertaking general checking and peer review responsibilities for less experienced team members.
To be successful for this position, the right Pensions Administrator will need to have a proven knowledge of DB pension arrangements, awareness of service standards and statutory disclosure requirements, experience of using Profund oPen administration platform and have the ability to work as part of a team.
To be considered for this role you must have at least 2 years recent experience in occupational pension schemes, gained preferably from a consulting/TPA background and DPC/QPA/RPC would preferable but not essential.
Senior Pensions Administrator employer: Ashe Consulting
Contact Detail:
Ashe Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator
✨Tip Number 1
Familiarise yourself with the Profund oPen administration platform, as experience with this software is a key requirement for the role. Consider taking online tutorials or reaching out to current users to gain insights into its functionalities.
✨Tip Number 2
Brush up on your knowledge of defined benefit (DB) pension schemes and statutory disclosure requirements. Being able to discuss these topics confidently during your interview will demonstrate your expertise and commitment to the role.
✨Tip Number 3
Network with professionals in the pensions industry, especially those who work in consulting or third-party administration. Attend relevant events or join online forums to make connections that could lead to valuable insights or referrals.
✨Tip Number 4
Prepare to showcase your teamwork skills, as collaboration is essential in this role. Think of examples from your past experiences where you successfully worked within a team to solve problems or improve processes, and be ready to share these during your interview.
We think you need these skills to ace Senior Pensions Administrator
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Senior Pensions Administrator position. Highlight key skills such as knowledge of DB pension arrangements and experience with the Profund oPen administration platform.
Tailor Your CV: Customise your CV to reflect your relevant experience in occupational pension schemes. Emphasise your 2 years of recent experience, any consulting or TPA background, and mention any qualifications like DPC/QPA/RPC if applicable.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pensions administration and your ability to meet the company's service standards. Use specific examples from your past work to demonstrate your skills in manual calculations, report production, and team collaboration.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. Ensure that all information is clear and professional, as attention to detail is crucial in this role.
How to prepare for a job interview at Ashe Consulting
✨Know Your Pensions Inside Out
Make sure you have a solid understanding of defined benefit (DB) pension schemes. Brush up on the key concepts, calculations, and statutory requirements that are relevant to the role. This will not only help you answer technical questions but also demonstrate your expertise.
✨Familiarise Yourself with Profund oPen
Since experience with the Profund oPen administration platform is preferred, take some time to learn about its features and functionalities. If possible, try to get hands-on experience or watch tutorials online to show your initiative during the interview.
✨Prepare for Scenario-Based Questions
Expect to be asked how you would handle specific situations related to pension administration. Think of examples from your past experience where you successfully managed queries, calculated benefits, or resolved issues. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Show Team Spirit
As teamwork is essential in this role, be ready to discuss how you've collaborated with colleagues in previous positions. Highlight any mentoring or peer review experiences you've had, as this will showcase your ability to support less experienced team members.
