Pensions Administrator (Bulk Purchase Annuities) in Wormley

Pensions Administrator (Bulk Purchase Annuities) in Wormley

Wormley Full-Time 60750 - 74250 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage Bulk Purchase Annuity services and deliver exceptional customer experiences.
  • Company: Join EQ Retirement Solutions, a leader in innovative retirement services.
  • Benefits: Enjoy competitive salary, pension matching, health support, and 29 days holiday.
  • Other info: Dynamic team environment with opportunities for learning and career growth.
  • Why this job: Make a real impact on clients' financial futures while developing your skills.
  • Qualifications: 1+ years in pensions, strong communication, and customer service skills required.

The predicted salary is between 60750 - 74250 £ per year.

EQ Retirement Solutions is transforming the retirement and pensions markets with leading administration and technology solutions. With over 1200 employees globally, 189 years of knowledge and 11 million pension scheme members and policyholders, we are here to help people plan for a confident financial future by delivering innovative, reliable and customer-focused retirement services. Our teams are driven by a shared commitment to excellence, collaboration and making a real impact to the lives of our clients and customers.

EQ is seeking a Pensions Administrator to work within a new team responsible for delivering Bulk Purchase Annuity (BPA) services to its Clients and Customers. You should have a minimum of 1 years’ experience in the pensions industry, ideally in the area of Bulk Purchase Annuities and/or Defined Benefit Pension Scheme Administration.

Core Duties/Responsibilities:

  • Provide, both buy in and buy out, administration services to customers, working to agreed targets.
  • Putting the member experience at the heart of everything member transaction we lead upon.
  • Interpreting and applying Trustee membership movements to the insured population during buy in administration.
  • To complete / check casework and provide feedback.
  • Resolving customer enquiries (oral and written).
  • Collating and escalating Trustee and client enquiries (oral and written).
  • Drafting of non-standard correspondence in response to customer and client enquiries.
  • Collating and analysing data and producing routine reports.
  • Performing and issuing pension calculations including manual calculations.
  • Checking and reviewing Trustee’s pension calculation during buy in administration.
  • Carring out projects and ad-hoc activities, as determined by your Team Leader.

Skills, Capabilities and Attributes:

  • Excellent attention to detail and capable of following defined processes and procedures.
  • Strong communication skills.
  • Strong desire to deliver exceptional customer service.
  • The ability to develop positive and productive working relationships.
  • Computer literate with a willingness to learn a variety of systems.
  • Strong numeracy and literacy skills.
  • Previous experience of Defined Benefits Pensions is preferred.
  • Knowledge of Bulk Purchase Annuities is desirable.
  • Proven track record of quality, timely delivery.

What We Offer:

  • Save For Your Future: Equiniti Pension Plan; Equiniti matches your pension contributions up to 10%.
  • Health and Wellbeing: Employee Assistance Programme: counselling, legal & wellbeing support for colleagues and their households. Life assurance cover at 4x salary with the ability to purchase enhanced cover.
  • Employee discounts: Discounts and cashback at your favourite high street stores through our EQ Wins Platform.
  • Flexible Benefits: The ability to purchase a wide variety of benefits through our flex plan; gadgets, travel insurance, will writing, holiday trading and more.
  • Time Off: Typically 29 days holiday + bank holidays. 2 volunteer days to get involved with a charity of your choosing.
  • Winning together: Equiniti ICON award vouchers; recognising the individuals going above and beyond to help the business succeed.
  • Learning & Development: Investment in LinkedIn Learning for all colleagues.

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

Please note any offer of employment is subject to satisfactory pre-employment screening checks.

Pensions Administrator (Bulk Purchase Annuities) in Wormley employer: Equiniti

Lenvi is an exceptional employer that fosters a supportive and inclusive work culture, encouraging employees to develop their skills and contribute meaningfully to the business. Located in Leeds, this role offers a hybrid working model, competitive benefits including generous annual leave, pension matching, and a focus on employee wellbeing, making it an ideal environment for those looking to grow in their careers while making a tangible impact.

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Contact Details:

Equiniti Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pensions Administrator (Bulk Purchase Annuities) in Wormley

Tip Number 1: Tap Into Professional Networks

The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!

Tip Number 2: Attend Finance Events and Conferences

Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Equiniti. You never know who might be your next boss or a crucial contact!

Tip Number 3: Showcase Your Expertise

Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Equiniti.

Tip Number 4: Apply Directly on Company Websites

Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Equiniti. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!

We think you need these skills to ace Pensions Administrator (Bulk Purchase Annuities) in Wormley

Pensions Administration
Bulk Purchase Annuities
Defined Benefit Pension Scheme Administration
Attention to Detail
Communication Skills
Customer Service
Relationship Building

Some tips for your application 🫡

Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.

Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Equiniti and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!

Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.

Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Equiniti how you can be a team player!

How to prepare for a job interview at Equiniti

Brush Up on Technical Skills

Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!

Showcase Your Financial Acumen

If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Equiniti.

Know Your Numbers

In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.

Connect with Company Goals

Familiarise yourself with Equiniti's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!