At a Glance
- Tasks: Support and manage various company pension schemes while training and guiding team members.
- Company: Join a growing team in a dynamic London-based consultancy.
- Benefits: Enjoy a competitive salary, bonus, flexible benefits, and 25 days' holiday.
- Why this job: Make a real difference in people's financial futures while developing your career.
- Qualifications: Experience in pensions, strong organisational skills, and a willingness to learn.
- Other info: Opportunities for paid volunteering and community engagement.
The predicted salary is between 36000 - 60000 £ per year.
We're looking for a Senior Pensions Consultant to join our clients growing team in London. You'll support the smooth running of a wide range of trust-based company pension schemes, including defined benefit, defined contribution, career average revalued earnings, and hybrid schemes.
Benefits:
- Competitive salary
- Discretionary bonus
- 25 days' holiday (buy/sell options)
- Pension matching, life assurance & healthcare
- Flexible benefits, discounts & digital GP service
- Paid volunteering days & community opportunities
As the Pensions Consultant, you will be responsible for:
- Training of other team members
- Assisting less experienced team members
- Checking and authorising other team members' work
- Meeting deadlines
- Calculation and payment of scheme benefits in accordance with the Rules
- Maintenance of membership records and other documentation
- Understanding and application of benefit structures, Trust Deed & Rules, current pensions legislation, PSO and Disclosure requirements
- Project work as directed by Team Leader or Manager
- Liaison with Client, Scheme Actuary, Consultants, Providers, Pension Payroll Members and third parties
- Provision of technical information both verbally and in writing
- Compliance with ISO and AAF accreditations
- Completing updates to the database to ensure that records are accurately maintained
- Dealing confidently with member enquiries by phone, email, and letter
The successful Pensions Consultant will have the following related skills / experience:
- Previous experience within a similar role dealing with DB schemes
- Experience within the pensions industry
- Able to demonstrate ownership, responsibility, and accountability for self
- Be organised, methodical and logical in approach to delegated responsibilities
- Able to develop administrators and administrative processes
- Studying for or a willingness to study for a relevant pension's qualification e.g. CPC/QPA/DPC/RPC/APMI
Locations
Pensions Consultant in City of London, London employer: Focus Resourcing
Contact Detail:
Focus Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Consultant in City of London, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of DB schemes and current pensions legislation. We recommend practising common interview questions with a friend or even in front of the mirror to boost your confidence.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, be ready to discuss specific examples of how you've handled responsibilities in previous roles. This will help them see you as the perfect fit for their team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing familiar faces from our community!
We think you need these skills to ace Pensions Consultant in City of London, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pensions Consultant role. Highlight your experience with DB schemes and any relevant qualifications. 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 passionate about pensions and how you can contribute to our team. Keep it concise but engaging – we love a good story!
Showcase Your Team Spirit: Since you'll be training and assisting other team members, it's important to demonstrate your teamwork skills. Share examples of how you've supported colleagues in the past and how you can bring that spirit to our team.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Focus Resourcing
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of defined benefit, defined contribution, and hybrid schemes. Be ready to discuss how these work in practice and any relevant legislation. This will show that you're not just familiar with the terms but can apply them effectively.
✨Showcase Your Training Skills
Since training other team members is part of the role, think of examples where you've successfully trained or mentored someone before. Prepare to share specific instances that highlight your ability to communicate complex information clearly and effectively.
✨Demonstrate Your Organisational Skills
The job requires a methodical approach, so be prepared to discuss how you manage your workload and meet deadlines. Bring examples of how you've organised projects or tasks in the past, especially in high-pressure situations.
✨Prepare for Technical Questions
Expect questions that test your technical knowledge and problem-solving skills. Brush up on common queries related to pensions calculations and compliance. Practising these scenarios can help you feel more confident during the interview.