At a Glance
- Tasks: Ensure accuracy in pension data and support project implementations with a focus on efficiency.
- Company: Join a leading pension administration firm with a commitment to quality service.
- Benefits: Enjoy competitive salary, annual bonus, extensive holiday, and a range of health benefits.
- Other info: Hybrid working model with opportunities for professional development and career growth.
- Why this job: Make a real impact in the pensions sector while developing your skills in a supportive environment.
- Qualifications: 1+ years in pensions, GCSE/A levels, and strong Excel skills required.
The predicted salary is between 30000 - 40000 € per year.
The Pension Administration Business Area is split into four top level functions: Client Management, Operations Management, Finance and People. The Operations Delivery teams are responsible for delivering core services to over 400 corporate clients and more than 450,000 members. Located across 9 UK sites and over 350 dedicated colleagues, we strive to provide efficient, effective, and high-quality service at all levels.
The Pension Administration Client Management teams are the prime responsible group for outward client facing activity, Business Development, Marketing & Bid, Proposition & Pricing, Client Onboarding and ongoing Client Relationship Management. They play a vital part in ensuring that the groundwork for successful and profitable service delivery is executed efficiently and effectively.
A snapshot of your day:
- Checking routine work of others to ensure accuracy and compliance with Scheme rules, procedures, and legislation.
- Carrying out and checking routine data cleansing / rectification exercises.
- Carrying out and checking projects for existence checks, including liaising with tracing agencies, analysing trace results, issuing correspondence and monitoring replies.
- Building calculation matrices for testing complex system calculations against expected output.
- Producing simple or standard project status reports for trustees.
- Carrying out simple data audit analysis and preparing a report for Trustees on proposed next steps.
- Ensuring that all new routine project tasks are completed as per the Project Plan.
- Assisting with routine aspects of new client implementations including the running and checking of parallel payrolls.
- Checking bulk mailings.
- Reading, researching, and understanding scheme documentation and legislation to produce benefit specifications.
- Using strong analytical skills to identify issues and correct scheme data.
- Supporting effective team working and encouraging the team to look for efficiency gains.
- Working independently and managing own work schedule according to business priorities.
- Sharing knowledge to assist with the development of colleagues through training.
- Identifying process improvements and opportunities to increase efficiency.
We would love to hear from you if you have:
- A minimum of 1 years pensions experience, with a working knowledge of both DB and DC occupational pension schemes.
- GCSE/A levels are required. A relevant degree, Certificate in Pensions Calculations (CPC) or progress with PMI examinations is desirable together with experience appropriate for the role in pension administration.
- A strong understanding of Microsoft Office programmes, in particular Excel, Word and Outlook.
What’s in it for you:
- Competitive discretionary annual bonus and salary review.
- Funded training and professional development.
- Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading.
- A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts.
Accessibility: We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here.
Pension Administrator - Projects in Birmingham employer: Barnett Waddingham
As a leading employer in the pension administration sector, we pride ourselves on fostering a collaborative and supportive work culture at our Birmingham office. With a strong focus on employee growth through funded training and professional development, we offer competitive benefits including a discretionary annual bonus, private medical cover, and a range of voluntary perks tailored to enhance your work-life balance. Join us to be part of a dedicated team that values efficiency, innovation, and the well-being of its employees.
StudySmarter Expert Advice🤫
We think this is how you could land Pension Administrator - Projects in Birmingham
✨Tip Number 1
Network like a pro! Reach out to current employees in the pension sector, especially those at companies you're interested in. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for interviews by practising common questions related to pension administration. Think about your experience with DB and DC schemes and how you can showcase your analytical skills. We want you to shine!
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications after a week or so. A quick email shows your enthusiasm and keeps you on their radar. Plus, it’s a great way to ask if they need any more info from you.
✨Tip Number 4
Check out our website for the latest job openings and apply directly. We love seeing candidates who are proactive and genuinely interested in joining our team. Let’s get you that Pension Administrator role!
We think you need these skills to ace Pension Administrator - Projects in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pension Administrator - Projects role. Highlight your relevant experience in pensions, especially any work with DB and DC schemes. We want to see how your skills match what we're looking for!
Showcase Your Skills:Don’t forget to showcase your analytical skills and proficiency in Microsoft Office, particularly Excel. We love seeing candidates who can demonstrate their ability to manage data and produce reports effectively.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. We appreciate a personal touch that shows you've done your homework on us.
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application gets to the right people. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Barnett Waddingham
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of both DB and DC occupational pension schemes. Being able to discuss the nuances of these schemes confidently will show that you're not just familiar with the basics, but that you truly understand the complexities involved.
✨Excel is Your Best Friend
Since strong Excel skills are a must for this role, practice using functions, formulas, and data analysis tools. Bring examples of how you've used Excel in previous roles to solve problems or improve processes, as this will demonstrate your practical experience.
✨Show Off Your Analytical Skills
Prepare to discuss specific instances where you've identified issues and implemented solutions in pension administration. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your analytical prowess.
✨Teamwork Makes the Dream Work
This role requires effective team collaboration, so be ready to share examples of how you've worked well in a team setting. Discuss how you've supported colleagues and contributed to team efficiency, as this will showcase your ability to fit into their culture.