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
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the hunt for a Principal DB Pensions Administrator role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK pensions legislation and regulatory frameworks. We recommend creating a cheat sheet of key points to discuss, especially around complex cases you've handled. This will show you're not just knowledgeable but also passionate about the field.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation for the opportunity. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Check out our website for the latest job openings and apply directly through us. We’re here to help you land that dream job, so don’t hesitate to reach out if you need any advice or support during your search!
We think you need these skills to ace Principal DB Pensions Administrator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Principal DB Pensions Administrator role. Highlight your experience with Defined Benefit schemes and any relevant projects you've led. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your understanding of UK pensions legislation and your client service focus. We love seeing genuine enthusiasm!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements in previous roles. Whether it's successful project management or fostering client relationships, we want to know how you’ve made an impact in your past positions.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, it’s super easy!
How to prepare for a job interview at Eden Scott
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of UK pensions legislation and regulatory frameworks. Being able to discuss these confidently will show that you’re not just familiar with the basics, but that you truly understand the complexities involved in DB pensions administration.
✨Showcase Your Project Management Skills
Prepare specific examples of past projects you've led, especially those involving GMP equalisation or buy-ins. Highlight your role in these projects and how you ensured compliance and client satisfaction. This will demonstrate your capability to handle complex cases effectively.
✨Demonstrate Your Mentorship Abilities
Since this role involves coaching and mentoring, think of instances where you've supported team members or improved processes. Be ready to discuss how you can contribute to the team's development and foster a collaborative environment.
✨Build Rapport with Interviewers
Remember, this is also about building relationships. Approach the interview as a conversation rather than an interrogation. Ask insightful questions about their current projects and challenges, showing your genuine interest in their work and how you can add value.
