At a Glance
- Tasks: Support employees with pensions, manage projects, and oversee third-party providers.
- Company: Join AXA, a global leader in insurance and financial services.
- Benefits: Flexible working, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on collaboration and innovation.
- Why this job: Make a real difference in people's financial wellbeing while developing your career.
- Qualifications: Experience in pension administration and strong communication skills required.
The predicted salary is between 47250 - 57750 £ per year.
About AXA
AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them.
As the sixth-largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance.
We support millions of customers worldwide, helping them navigate life's uncertainties with confidence.
AXA UK Support Functions look after our three customer-facing business units, providing the infrastructure and expertise to make sure we can be there for our customers.
Job overview
We’re recruiting a Pension Specialist to join our small, dynamic internal Pensions team.
Providing technical, governance and administration support to our two pension schemes.
You’ll lead on supporting and guiding our employees through the complexities of pensions.
You’ll play a crucial role in overseeing and working with our external third-party providers, particularly our external administrators.
This is a great opportunity to lead on agreed pension projects, working with all the Scheme’s advisors.
Key responsibilities
- Assist and deputise for the Head of Pensions Administration and Trustee Services in providing secretarial support to the scheme’s Trustees and manage meeting arrangements, papers, and minute-taking.
- Lead the management of the Mastertrust Governance Committee, organising agendas, preparing papers, and tracking all actions.
- Monitor third-party administration providers, address member queries, and resolve complex benefit and complaint cases promptly.
- Develop and deliver communication strategies for pension scheme members, including financial wellbeing campaigns and pensions roadshows.
- Manage the invoice process and provide quarterly updates to the Trustee board.
- Deliver BAU projects such as Report & Accounts, Scheme Return, and ad-hoc initiatives like GMP Equalisation and Valuation.
- Oversee the governance of life assurance arrangements for employees, including case management and relationship with Mercer.
- Maintain accurate records, ensure deadlines are met, and produce timely reports and meeting documentation.
Work arrangements
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers.
You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future.
Away from home means attending the office, visiting clients or attending industry events.
We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.
We know that some candidates may be discouraged from applying if they don't meet every requirement.
If you’re excited by this job and the prospect of working at AXA but you’re not sure you tick every box, we’d still encourage you to apply.
Your skills & experience
- Experience in defined benefit and defined contribution pension administration.
- Strong knowledge of pension scheme governance, calculations, and member communications.
- Excellent written and verbal communication skills, with the ability to explain complex concepts simply.
- Proven organisational skills with the ability to manage multiple projects and deadlines.
- Familiarity with pension administration software and MS Office tools.
- PMI studying or qualified is preferred.
- A proactive, detail-oriented approach, with the ability to work independently and as part of a team.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics.
If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge.
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Pensions Consultant in London employer: AXA Group
AXA is an exceptional employer, offering a supportive and dynamic work environment in Tunbridge Wells for nurses looking to make a meaningful impact. With a strong focus on employee growth, we provide comprehensive training, flexible working arrangements, and the opportunity to work from home, ensuring a healthy work-life balance. Join our dedicated health support team and enjoy the benefits of being part of a global leader in insurance, where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Consultant 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 AXA Group). 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 AXA Group. 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 Consultant 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 AXA Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AXA Group. 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 AXA Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AXA Group 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 AXA Group, 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 AXA Group'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.