Senior Pension Administrator - Peterborough

Senior Pension Administrator - Peterborough

Peterborough Full-Time 35000 - 45000 £ / year (est.) Home office (partial)
First Actuarial

At a Glance

  • Tasks: Help pension scheme members understand their pensions and handle complex calculations.
  • Company: Join a supportive team in a leading pension administration firm.
  • Benefits: Competitive salary, private health insurance, 25 days leave, and hybrid working options.
  • Other info: Flexible working arrangements and opportunities for professional growth.
  • Why this job: Make a real difference in people's lives while developing your skills.
  • Qualifications: 3+ years in pensions administration and strong communication skills required.

The predicted salary is between 35000 - 45000 £ per year.

We are looking to recruit a Senior Pension Administrator for our Peterborough Office. You’ll be dealing with pension scheme members, explaining how their pension works, handling complex calculations and keeping up to date with changes in the world of pensions. Your work will make a real difference, helping us meet our client expectations and communicate effectively with a variety of third parties.

Who are we looking for?

  • At least 3 years in a range of Pensions Administration roles.
  • Progression in a PMI qualification or equivalent, or willing to study for one.
  • Excellent communication skills, with ability to express complicated ideas in a concise and clear way.
  • Ability to calculate pensions and interpret scheme rules.
  • Proven and significant experience dealing with DB schemes.
  • Good awareness of legislative issues.
  • Self‑motivation and ability to work autonomously, in line with the responsibilities that the role requires.
  • Ability to meet client SLAs, contribute to good practice and foster the development of junior team members.
  • Good Microsoft Excel skills, with the ability to set up template calculation tools.

Responsibilities

  • You will make an active contribution to team goals, develop your skills and broaden your experience.
  • You will be responsible for delivering pragmatic solutions and applying a logical approach to problem solving.
  • Supporting and developing team members.
  • Preparing helpful and informative documentation.
  • Talking to pension scheme members, clients and third parties.
  • Guiding scheme members through their pension journey.
  • Providing support to the Team Leader.
  • Doing/checking of calculations and assisting team members with difficult cases and non‑standard queries (subject to experience).

What we offer you

  • A competitive remuneration package.
  • Private health insurance, life insurance and income protection insurance.
  • 25 days annual leave as standard.
  • 7% Employer pension contribution.
  • Full training and study support.

We have hybrid working in place for colleagues who prefer homeworking for part of the week. We’re also flexible on working day arrangements and will happily accommodate a range of personal commitments from day one. Our straightforward, interview-based approach to recruitment ensures equal opportunities for all applicants. Please note that we can only accept candidates who have a right to work in the UK.

Senior Pension Administrator - Peterborough employer: First Actuarial

Join our dynamic team in Peterborough as a Senior Pension Administrator, where your expertise will directly impact the lives of pension scheme members. We pride ourselves on fostering a supportive work culture that encourages professional growth through comprehensive training and study support, alongside a competitive benefits package including private health insurance and generous annual leave. With flexible working arrangements and a commitment to equal opportunities, we are dedicated to creating a rewarding environment for all employees.

First Actuarial

Contact Details:

First Actuarial Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Pension Administrator - Peterborough

Tap into Campus Networks

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We think you need these skills to ace Senior Pension Administrator - Peterborough

Pensions Administration
Communication Skills
Complex Calculations
DB Schemes Experience
Legislative Awareness
Self-Motivation
Client SLA Management

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 First Actuarial.

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 First Actuarial'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 First Actuarial

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 First Actuarial.

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 First Actuarial 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 First Actuarial 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.