At a Glance
- Tasks: Manage Defined Benefit pension schemes and lead complex projects with a focus on client service.
- Company: One of the UK's largest pensions consultancies based in Glasgow.
- Benefits: Competitive salary, mentorship opportunities, and a chance to shape your career.
- Other info: Great opportunity for career growth and involvement in business development.
- Why this job: Be a key player in the pensions industry and make a real difference for clients.
- Qualifications: 5-8 years in DB pensions administration and strong communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
Eden Scott\'s client, who is one of the UK\'s largest pensions consultancies is seeking a Principal Pensions Administrator to join their Glasgow team. This senior-level position offers the opportunity to manage Defined Benefit (DB) schemes with precision, compliance, and a strong focus on client service. You\'ll serve as the primary contact for trustees and advisers, ensuring that every scheme runs smoothly and meets regulatory standards.
Responsibilities- Experience leading scheme-wide projects such as GMP equalisation, buy-ins, buyouts, and wind-ups
- Take full ownership of schemes, oversee complex cases
- Provide mentorship and coaching abilities across all levels of the team
- Key role in business development by fostering client relationships and identifying new opportunities
- Proven ability to act as lead contact for trustees and advisers
- Deep understanding of UK pensions legislation, regulatory frameworks, and industry codes
The ideal candidate must have minimum 5-8 years\' experience in DB pensions administration, with a strong track record in handling complex cases, deep understanding of UK pensions legislation, regulatory frameworks, and industry codes. Excellent computer, communication, and organisation skills. Also being able to work independently as well as part of a team.
Desirable Qualifications- PMI qualification (or currently working towards it)
- Experience preparing trustee reports and delivering technical advice in meetings
- Demonstrated success in managing large-scale or complex pension projects
- Experience in business development activities-pitches, events, or networking involvement
An excellent opportunity for the right candidate, please do not hesitate to get in touch by clicking apply to note your interest and to discuss further with Alison Curran prior to progressing.
If this role isn\'t quite what you are looking for, register your CV at Eden Scott and be the first to hear about our latest opportunities by signing up for our job alerts.
Eden Scott is a specialist within Financial Services recruitment including positions within large Wealth Management or Financial Planning organisations to small consultancies.
Principal DB Pensions Administrator employer: Eden Scott
Eden Scott is an exceptional employer, offering a dynamic work culture that prioritises employee growth and development within the financial services sector. Located in Glasgow, our team thrives on collaboration and innovation, providing ample opportunities for mentorship and professional advancement while managing complex Defined Benefit pension schemes. With a strong commitment to client service and regulatory compliance, we empower our employees to take ownership of their roles and contribute meaningfully to the success of our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Principal DB Pensions Administrator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Eden Scott. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Principal DB Pensions Administrator
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Eden Scott.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Eden Scott's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Eden Scott
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Eden Scott.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Eden Scott will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Eden Scott employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
