Pensions Administrator
Pensions Administrator

Pensions Administrator

Leeds Full-Time 30000 - 42000 Β£ / year (est.) No home office possible
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FNZ

At a Glance

  • Tasks: Manage and monitor pension plans while ensuring compliance with regulations.
  • Company: FNZ is a global wealth management platform helping millions invest in their future.
  • Benefits: Enjoy a full-time role with opportunities for training and career growth.
  • Why this job: Join a dynamic team making a real impact in the finance sector.
  • Qualifications: No prior experience needed; just a passion for finance and a willingness to learn.
  • Other info: Work in a supportive environment with regular performance reviews.

The predicted salary is between 30000 - 42000 Β£ per year.

To effectively control, monitor and manage pension plans under your jurisdiction and all other operations which may reasonably be required from time to time. Ensuring all external and internal compliance procedures and other matters governing the administration of such schemes are strictly adhered to. Liaising with the relevant Director as necessary and appropriate on a timely basis.

Brief Outline Of Main Duties And Accountabilities

  • Ensuring prompt attention to all communications received in respect of schemes administered by you, or where you are assisting other team members, and informing your Team Leader or the Head of Department if any matter cannot be resolved satisfactorily within our standard Service Level Agreement timescale.
  • Taking responsibility to ensure all transactions over scheme bank accounts are effectively monitored, reconciled, and logged.
  • Undertaking preparation and production of scheme valuations, drawdown calculations, quotations, and any other relevant information as required.
  • Ensuring all client files for which you are responsible are kept up-to-date in an orderly and neat manner.
  • Strictly adhering to company procedures, in particular in relation to the administration of pension schemes in accordance with internal and external compliance requirements.
  • Participating in departmental duties, providing cover for absent colleagues, helping with general enquiries from clients and financial advisers, and so on. This includes participating in answering external phone calls, and routing the caller to the correct individual within the organisation where appropriate.
  • Undertake any other duties as required by your Team Leader or Head of Department; participate in regular performance reviews; take part in training as appropriate; perform all duties with due regard to the requirements of current health and safety at work regulations.

Assignment and Review of Work

Pension schemes and work are assigned by either your Team Leader or the Head of Department. Work is directed rather than closely supervised. The job holder is required to report all unresolved issues. Your Team Leader or The Head of Department will review work on an ongoing basis.

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. We created wealth's growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA). Together with our customers, we help over 20 million people from all wealth segments to invest in their future.

Pensions Administrator employer: FNZ

FNZ is an exceptional employer, offering a dynamic work culture that prioritises employee growth and development within the finance sector. Located in Leeds, employees benefit from a collaborative environment, comprehensive training opportunities, and the chance to contribute to a global wealth management platform that empowers individuals to invest in their futures. With a commitment to compliance and excellence, FNZ ensures that every team member plays a vital role in delivering outstanding service to clients.
FNZ

Contact Detail:

FNZ Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Pensions Administrator

✨Tip Number 1

Familiarise yourself with the specific pension schemes and regulations relevant to the role. Understanding the compliance requirements and operational procedures will give you an edge during interviews, as you'll be able to demonstrate your knowledge and readiness to handle the responsibilities.

✨Tip Number 2

Network with professionals in the pensions industry, especially those who work at FNZ or similar companies. Attend industry events or join online forums to connect with current employees, which can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare for potential interview questions by practising your responses to common scenarios faced by Pensions Administrators. Think about how you would handle client communications, transaction monitoring, and compliance issues, as these are key aspects of the job.

✨Tip Number 4

Showcase your organisational skills and attention to detail during the interview process. Bring examples of how you've successfully managed multiple tasks or projects in the past, as this will highlight your ability to keep client files orderly and up-to-date, which is crucial for this role.

We think you need these skills to ace Pensions Administrator

Pension Scheme Administration
Compliance Knowledge
Attention to Detail
Financial Reconciliation
Data Management
Client Communication
Problem-Solving Skills
Time Management
Team Collaboration
Regulatory Knowledge
Report Preparation
Customer Service Skills
Organisational Skills
Adaptability

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Pensions Administrator. Familiarise yourself with the key duties such as managing pension plans, ensuring compliance, and handling client communications.

Tailor Your CV: Customise your CV to highlight relevant experience in finance or administration. Emphasise any previous roles where you managed financial transactions, dealt with compliance, or provided customer service.

Craft a Strong Cover Letter: Write a compelling cover letter that showcases your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as attention to detail and ability to work under pressure.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects professionalism.

How to prepare for a job interview at FNZ

✨Understand Pension Regulations

Familiarise yourself with the key regulations and compliance requirements governing pension schemes. This knowledge will demonstrate your commitment to adhering to internal and external standards, which is crucial for a Pensions Administrator.

✨Showcase Attention to Detail

Highlight your ability to manage and reconcile transactions accurately. Bring examples of how you've maintained organised records or handled complex calculations in previous roles, as this is vital for ensuring compliance and accuracy in pension administration.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills and ability to handle client communications. Prepare scenarios where you successfully resolved issues or improved processes, showcasing your proactive approach and teamwork.

✨Demonstrate Communication Skills

As a Pensions Administrator, you'll need to liaise with various stakeholders. Practice articulating your thoughts clearly and concisely, and be ready to discuss how you would handle inquiries from clients and financial advisers effectively.

Pensions Administrator
FNZ
Location: Leeds
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