At a Glance
- Tasks: Oversee pension processes and ensure compliance while leading a dynamic team.
- Company: Leading financial services firm in Newcastle with a focus on innovation.
- Benefits: Highly competitive salary and equal opportunities for all applicants.
- Other info: Opportunity to implement improvements and enhance operational efficiency.
- Why this job: Join a team where your expertise shapes the future of pension services.
- Qualifications: Extensive experience in pensions and strong leadership skills required.
The predicted salary is between 50000 - 65000 € per year.
We are working with our client, a leading financial services firm, on an excellent opportunity for a Senior Specialist - Pension Drawdown to join the team in Newcastle. You will be responsible for overseeing the end-to-end pension technical process and timely delivery of complex tasks.
Skills/Experience:
- Extensive technical experience within pension/platform administration gained preferably in a pension/platform/financial services environment.
- Extensive knowledge of pension regulations.
- Strong understanding of pension/platform operations, processes and procedures.
- Experience with relevant software and systems (e.g. Origo, SIPP Pro).
- Experience in managing and leading teams.
- Excellent communication and problem-solving skills.
- Ability to work effectively under pressure and meet deadlines.
- Strong analytical and project management skills.
Core Responsibilities:
- Servicing as a subject matter expert on pensions and platform related issues, particularly within DC, Money Purchase Personal Pension / SIPPs / SSASs.
- Pension flexibilities, auto enrolment pension, taxation and Pension Drawdown experience.
- Understanding pension legislation, regulations and scheme-specific rules.
- Ability to identify and resolve technical issues, often involving complex and detailed calculations, regulatory/legal interpretations.
- Ensuring all platform & pension processes comply with legal and regulatory requirements.
- Handling complaints and escalated issues related to pension schemes.
- Ensuring adherence to relevant pension legislation and regulations.
- Complaint/Internal Dispute resolution Procedures (IDRP) processes with the Compliance and Risk Support.
- Oversee the end-to-end pension technical process, ensuring accuracy, compliance, and timely delivery of complex tasks.
- Monitor key performance indicators (KPIs) related to pensions technical operations and implement process improvements.
- Managing breach reporting, Death Benefit Management, Pension Discretions, Overpayments.
- Lead and supervise the pensions technical team, ensuring colleagues performing their roles effectively and efficiently.
- Identify areas for improvement within platform/pension operations and implement solutions to enhance efficiency and accuracy.
A highly competitive salary.
Senior Specialist - Pension Drawdown in Newcastle upon Tyne employer: Core-Asset-Consulting
Join a leading financial services firm in Newcastle upon Tyne, where you will thrive in a dynamic work culture that values collaboration and innovation. With a strong focus on employee growth, we offer extensive training opportunities and a supportive environment that encourages professional development. Enjoy a highly competitive salary and the chance to make a meaningful impact in the pension sector while working alongside a team of experts dedicated to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Specialist - Pension Drawdown in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who know about pensions. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss pension regulations and processes confidently. We recommend practising common interview questions related to pension drawdown scenarios.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share specific examples of how you've tackled complex pension issues in the past. This will demonstrate your expertise and ability to handle pressure.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Specialist - Pension Drawdown in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Specialist - Pension Drawdown role. Highlight your extensive technical experience in pension administration and any relevant software skills, like Origo or SIPP Pro. We want to see how your background aligns with the job description!
Showcase Your Expertise:In your cover letter, don’t hold back on showcasing your knowledge of pension regulations and operations. We’re looking for someone who can be a subject matter expert, so share specific examples of how you've tackled complex pension issues in the past.
Be Clear and Concise:When writing your application, keep it clear and concise. Use bullet points where possible to make your skills and experiences stand out. We appreciate straightforward communication, especially when it comes to complex topics like pensions!
Apply Through Our Website:Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Core-Asset-Consulting
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of pension regulations and processes. Be prepared to discuss specific legislation and how it impacts pension drawdown. This will show that you’re not just familiar with the basics, but that you can navigate the complexities of the role.
✨Showcase Your Technical Skills
Familiarise yourself with relevant software like Origo and SIPP Pro. If you have experience with these systems, be ready to share examples of how you've used them in past roles. This will demonstrate your technical proficiency and readiness to hit the ground running.
✨Prepare for Problem-Solving Scenarios
Expect to face questions that assess your problem-solving skills. Think of specific instances where you’ve resolved complex issues or improved processes in pension operations. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.
✨Communicate Clearly and Confidently
As a Senior Specialist, you'll need to lead a team and handle escalated issues. Practice articulating your thoughts clearly and confidently. Good communication is key, so consider doing mock interviews with a friend to refine your delivery and ensure you come across as approachable and knowledgeable.
