At a Glance
- Tasks: Provide pension administration services and support clients with their queries.
- Company: Join Broadstone, the top pensions administrator, in a supportive and inclusive environment.
- Benefits: Gain valuable skills, qualifications, and experience while earning a competitive salary.
- Other info: Full training provided, with opportunities for progression within the company.
- Why this job: Kickstart your career in the pensions sector with hands-on training and real impact.
- Qualifications: A Levels or equivalent, strong numeracy skills, and a commitment to learning.
The predicted salary is between 31500 - 38500 £ per year.
The Pensions Administration Apprentice will be providing pension administration services to clients in line with established procedures and control frameworks, while undertaking a structured learning programme in a friendly and supportive environment.
About the Employer
Broadstone is the Top (Third Party) Pensions Administrator for the 4th successive year. We are an industry leading financial consultancy offering a wide range of services in pensions, investments, and employee benefits. We have been offering rewarding and challenging careers since 1989, and we pride ourselves in the investment we have made to support people in taking their first steps on the career ladder into a professional role. Our apprenticeship opportunities will give you the technical skills, qualifications and experience to create a successful and rewarding career within the pensions sector. Broadstone are committed to building an inclusive working environment, valuing diversity, equity and inclusion based on age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
What You'll Do
- Calculating benefits for members; i.e. leavers, retirements, transfers, deaths
- Maintaining membership records on the administration system
- Dealing with general and technical queries from members, the employer and the trustees by telephone, email and letter
- Supporting in the processing of team workloads, through responding to enquiries, calculating and settling member benefit entitlements, creating and maintaining scheme records and liaising with third parties
- Managing workloads to ensure that agreed service standards or targets are met, escalating any concerns
- Answering inbound telephone and email enquiries, ensuring that appropriate verification checks are undertaken
- Collating periodical client information/reports
- Contributing to scheme event activities or projects
- Developing technical competency by attending technical briefings, understanding benefits structures and using formal scheme documentation
What we are looking for:
- Educated to A Level or equivalent
- Ability to demonstrate strong numeracy skills
- Commitment to completing apprenticeship qualification
- The successful candidate must, by the start of the employment, have permission to work in the UK
How you will be supported:
Full training and support will be provided by The Growth Company to help you achieve your apprenticeship and reach your full potential in your role.
What will happen next:
New applicants to The Growth Company who meet any basic entry requirements of the role will be contacted within two working days to be invited to meet a member of our team. You will then have the opportunity to find out more about this vacancy and any others you are suitable for, any training you need to complete, and what the next steps will be.
How you could get there:
If you would be catching public transport for this role, visit the Journey Planner on www.tfgm.com to see how you would get there and how long it would take.
Training Outcome
Possible progression within the company and progression onto the next level apprenticeship.
Skills Required:
- Communication skills
- IT skills
- Attention to detail
- Organisation skills
- Customer care skills
- Number skills
- Analytical skills
- Logical
- Team working
- Able to work independently
- Willing to learn
- Hardworking
- Able to prioritise
Qualifications:
- Essential - GCSE - English - 5 or above
- Essential - GCSE - Maths - 5 or above
- Essential - A Level - Any - Pass
Course Information:
Course: Pensions administrator (level 3)
Level: 3
Route: Legal, finance and accounting
Apprenticeship Level: Advanced
Working Arrangements:
Working Week: Monday - Friday, 9.00am - 5.00pm.
Expected Duration: 1 Year 6 Months
Training Provider: THE GROWTH COMPANY LIMITED
Pensions Administration Apprentice (36422) in Bristol employer: Broadstone Corporate Benefits Limited
Broadstone is an exceptional employer, offering a dynamic and inclusive work environment across various locations including Birmingham, London, and Manchester. With a strong commitment to employee development, competitive benefits such as private medical insurance and generous holiday allowances, and a culture that values diversity and collaboration, Broadstone empowers its team to thrive while delivering expert services in pensions and investments.
Contact Details:
Broadstone Corporate Benefits Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Administration Apprentice (36422) in Bristol
✨Get Involved with Campus Recruitment Events
Apprenticeships in banking and financial services often come through campus recruitment days. Keep an eye out for events hosted by your university or local banks, as these can be golden opportunities for us to meet recruiters face-to-face and make a great first impression.
✨Engage with Professional Bodies
Join organisations like the Institute of Chartered Accountants or the Chartered Institute of Banking. These memberships can provide valuable resources and networking opportunities, plus, they often have dedicated sections for apprenticeships and early-career roles that can point us in the right direction.
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Banks and financial services firms love to share their stories on social media! Follow companies like Broadstone Corporate Benefits Limited to keep up with their latest apprenticeship opportunities and insider news. Engaging with their posts could give us an edge when it comes to the application.
✨Utilise Your University’s Career Service
Your university's career service is a treasure trove of information for apprenticeships in banking. They often have connections to employers like Broadstone Corporate Benefits Limited, so don't hesitate to tap into their resources and advice!
We think you need these skills to ace Pensions Administration Apprentice (36422) in Bristol
Some tips for your application 🫡
Show Off Your Maths Skills:In the banking and financial services sector, being good with numbers is a must! Make sure to highlight any relevant maths qualifications or experience in your application, as well as any projects or coursework that demonstrate your analytical skills.
Emphasise Your Willingness to Learn:As this is an apprenticeship, companies like Broadstone Corporate Benefits Limited want to see your enthusiasm for the industry and your eagerness to learn. In your cover letter, chat about why you’re interested in banking and any specific areas you’re excited to explore. Show them that you’re ready to soak up knowledge like a sponge!
Highlight Relevant Experience (Even If It's Limited):Whether it's a part-time job, volunteer experience, or even a school project, mention any relevant experience related to banking or finance. This could include customer service roles or any projects where you handled budgeting. We’re all about showing how you can apply your skills, even if they’re from unconventional backgrounds.
Tailor Your CV for Impact:Make sure your CV isn’t just a list of duties. Tailor it to reflect skills that appeal to financial services, like attention to detail and communication skills. Don’t forget to keep it clear and concise, showing how you’re a perfect fit for the apprenticeship at Broadstone Corporate Benefits Limited!
How to prepare for a job interview at Broadstone Corporate Benefits Limited
✨Brush Up on Financial Principles
Since you're diving into the banking and financial sector with an apprenticeship, it’s crucial to familiarise yourself with key concepts like interest rates, investment strategies, and basic financial accounting. Make sure you can share your understanding of these principles during the interview, as they'll likely pop up in practical scenarios.
✨Be Ready for Scenario-Based Questions
In the world of banking, interviewers love to throw real-world scenarios at you. Prepare for questions that ask how you'd handle customer inquiries or solve financial challenges. Practising these types of situational responses can really showcase your problem-solving skills and customer service abilities, both of which are essential in this field.
✨Show Your Eagerness to Learn
As an apprenticeship candidate, what's going to set you apart is your motivation to learn and grow in the role. Be sure to express your excitement about entering the banking world and highlight any steps you've already taken to educate yourself, whether through courses, workshops, or relevant hobbies.
✨Prepare Your Questions About Company Culture
When interviewing with Broadstone Corporate Benefits Limited, don’t shy away from asking about their company culture and training programmes for apprentices. This shows that you're not only focused on the role but also interested in how you'll fit within the team, which is a major factor for your future success in the apprenticeship.