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For Companies At a Glance
- Tasks: Manage defined benefit and contribution pension schemes while leading a close-knit team.
- Company: Join a leading pensions company based in the vibrant Glasgow city centre.
- Benefits: Enjoy an excellent salary, fantastic benefits, and support for professional qualifications.
- Why this job: Be part of a growing company with long-term opportunities and a supportive culture.
- Qualifications: Previous experience in defined benefit pensions is essential; client management experience is a plus.
- Other info: Opportunity to work closely with trustees and high-net-worth clients.
The predicted salary is between 36000 - 60000 £ per year.
Overview
My client is a leading pensions firm and they are currently recruiting for a number of defined benefit pension administrators across all levels, working hybrid from Edinburgh or Glasgow, to manage a portfolio of DB schemes and work at the forefront of the team, with the scope to develop within other teams to trustee and consulting.
If this opportunity is of interest and you have DB/DC or final salary pensions cradle-to-grave experience, please submit your CV for review for a confidential discussion about this and potentially other roles also available.
Responsibilities
- Manage your own set of DB/DC schemes; cradle-to-grave pensions administration; thorough understanding of scheme rules and current legislation; project management.
- Some client-facing work as your experience increases, if you wish.
- Work with clients who have a mixture of defined benefit and defined contribution pension schemes.
Qualifications
- Previous technical defined benefit/final salary pensions/DC experience is essential; some experience in client management within pensions.
- Professional qualifications such as progress towards PMI are desirable, but not essential.
- Thorough understanding of cradle-to-grave pensions administration, scheme rules, current legislation, and project management.
Salary and Benefits
An excellent basic salary is on offer, plus a fantastic benefits package. Your actual pay will be based on your skills and experience—talk with your recruiter to learn more. You will be joining a growing company with long-term opportunities in a successful, close-knit team.
Location and Employment Type
- Location: Hybrid from Edinburgh or Glasgow, Scotland.
- Employment type: Full-time.
- Industry: Financial Services and Pension Funds.
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Contact Detail:
Eden Scott Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior defined benefit pensions administrator
✨Tip Number 1
Make sure to brush up on your technical knowledge of defined benefit and final salary pensions. Familiarise yourself with the latest legislation and scheme rules, as this will be crucial in demonstrating your expertise during interviews.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work with defined benefit schemes. Attend relevant events or join online forums to connect with others and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss your experience in client management and how you've successfully interacted with trustees and actuaries in previous roles. Highlighting these experiences can set you apart from other candidates.
✨Tip Number 4
Consider obtaining professional qualifications like PMI if you haven't already. Even though it's not essential, having this qualification can enhance your profile and show your commitment to professional development in the pensions field.
We think you need these skills to ace Senior defined benefit pensions administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in defined benefit and final salary pensions administration. Use specific examples to demonstrate your technical knowledge and client management skills.
Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities of the role. Mention your previous experience with DB and DC schemes, and express your enthusiasm for joining a growing company in the pensions sector.
Highlight Relevant Qualifications: If you have any professional qualifications like PMI, be sure to mention them prominently. If not, express your willingness to pursue such qualifications and how they align with your career goals.
Showcase Soft Skills: In your application, emphasise your soft skills such as communication, teamwork, and project management. These are crucial for interacting with clients, trustees, and actuaries in this role.
How to prepare for a job interview at Eden Scott
✨Showcase Your Technical Knowledge
Make sure to highlight your experience with defined benefit and final salary pensions during the interview. Be prepared to discuss specific schemes you've managed and demonstrate your understanding of current legislation and scheme rules.
✨Demonstrate Client Management Skills
Since the role involves interacting with clients, trustees, and actuaries, be ready to share examples of how you've successfully managed client relationships in the past. This will show your ability to handle the client-facing aspects of the job.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and project management abilities. Think of scenarios where you had to quality check or coach team members, and be ready to explain your approach and the outcomes.
✨Express Willingness to Learn
While professional qualifications like PMI are desirable, showing a willingness to pursue further education can set you apart. Discuss any plans you have for gaining additional qualifications and how they align with your career goals.
