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- Tasks: Manage Defined Benefit pension schemes and provide comprehensive administration services.
- Company: Join a respected industry leader known for growth and innovation in pension administration.
- Benefits: Enjoy flexible working options, ongoing training, and support for professional qualifications.
- Why this job: Be part of a dynamic team delivering impactful services to high-profile clients.
- Qualifications: Experience in DB pensions administration and strong communication skills are essential.
- Other info: Opportunities for mentoring and career advancement within a supportive environment.
The predicted salary is between 36000 - 60000 £ per year.
Do you have experience in the administration of Defined Benefit pension schemes and are looking to work for an organisation that has consistently evolved and grown in the last couple of years? Do you also want to work for an organisation who is able to consider flexible working, where you can split your week up between working at home and in the office?
We are working on behalf of a highly respected industry leader, who as a result of further business growth is now seeking a number of additional Pensions Administrators with various levels of experience within their London office. As a modern employer, they are dedicated to providing ongoing training and development, in order to offer ongoing, long term career opportunities that also include full support in gaining professional qualifications.
You will join an established team where you will be responsible for providing an effective and efficient 360 degree Defined Benefit pensions administration service to a portfolio of clients.
Due to the nature of this role, it is essential that you possess proven experience in:
- Providing a full Defined Benefit (DB) pensions administration service, including ongoing scheme activities such as leavers, retirements, deaths, transfers in, transfers out, monthly processing and investment, benefit statements, renewals, and pension increases.
- Possessing an understanding of technical scheme rules and structures.
- Experience ideally gained within a third-party pension administrator and/or in-house environment.
- Some experience in overseeing and mentoring less experienced members of staff.
- Strong attention to detail, coupled with a numerate and organised mind-set.
- Excellent communication skills both oral and written, including liaising with clients.
This is an organisation that is able to offer you true positions that will allow you to become an integral part of a team that will also see you providing the successful delivery of services to a portfolio of high profile clients. Further information is available on application.
DB Pension Administrators employer: Dimensions Specialist Recruitment
Contact Detail:
Dimensions Specialist Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DB Pension Administrators
✨Tip Number 1
Network with professionals in the pensions industry. Attend relevant events or join online forums where you can connect with current DB Pension Administrators. This can give you insights into the role and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in Defined Benefit pension schemes. Being knowledgeable about current issues can help you stand out during interviews and show your commitment to the field.
✨Tip Number 3
Prepare to discuss your experience with specific pension administration tasks, such as handling leavers and retirements. Be ready to provide examples of how you've successfully managed these processes in previous roles.
✨Tip Number 4
Demonstrate your communication skills by preparing questions for the interview that reflect your understanding of the role and the company. This shows your interest and helps you engage with the interviewers effectively.
We think you need these skills to ace DB Pension Administrators
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Defined Benefit pension schemes. Include specific examples of your responsibilities and achievements in previous roles, particularly those that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the role but also demonstrates your understanding of the company and its values. Mention your experience with DB pensions administration and how it makes you a suitable candidate.
Highlight Relevant Skills: In your application, emphasise skills such as attention to detail, numeracy, and communication. Provide examples of how you've used these skills in past roles, especially in relation to mentoring or overseeing others.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Dimensions Specialist Recruitment
✨Showcase Your Experience
Be prepared to discuss your previous experience in administering Defined Benefit pension schemes. Highlight specific examples of your work with leavers, retirements, and transfers, as well as any challenges you faced and how you overcame them.
✨Understand the Technical Details
Brush up on the technical scheme rules and structures relevant to Defined Benefit pensions. Being able to explain these concepts clearly will demonstrate your expertise and understanding of the role.
✨Emphasise Communication Skills
Since excellent communication is key in this role, think of examples where you've successfully liaised with clients or mentored colleagues. This will show that you can effectively convey complex information in an understandable way.
✨Prepare for Flexibility Questions
As the organisation values flexible working, be ready to discuss how you manage your time and workload effectively. Share your thoughts on balancing remote work with office responsibilities, and how you stay organised in both environments.