Senior Pensions Administrator

Senior Pensions Administrator

Portsmouth Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the Defined Benefit team, manage client portfolios, and handle complex pension tasks.
  • Company: Join an award-winning Pension Consultancy known for its excellence and innovation.
  • Benefits: Enjoy a supportive work environment with opportunities for professional growth and development.
  • Why this job: Be part of a respected team making a real impact in the pensions industry.
  • Qualifications: 3+ years of experience in Defined Benefit schemes and strong numeracy skills required.
  • Other info: Opportunity to attend client meetings and manage annual projects.

The predicted salary is between 36000 - 60000 £ per year.

Due to a number of New Business wins, my client, an award-winning Pension Consultancy, currently seeks a talented Senior Administrator to join their Defined Benefit team. The role will involve prioritising the day-to-day workload of the team and assisting the Administration Manager in ensuring that the team runs smoothly.

Duties will include:

  • Ensuring that an effective pension administration service is provided to all clients
  • Ensuring that client work is completed with SLA's and deadlines
  • Handling more complex pension tasks such as calculations and scheme project work
  • Being a point of contact for a portfolio of clients as well as trustees and senior scheme members
  • Attending trustee and client meetings
  • Managing annual projects such as renewals, benefit statements and pension increases
  • Providing advice and guidance to less experienced colleagues
  • Providing input regarding process and procedural change

Applicants must possess good knowledge of Defined Benefit (DB) pension schemes with the ability to perform a range of complex calculations including leavers, retirements, deaths and transfers in and out. You are likely to possess around 3 plus years technical experience from a Third Party or In-House background along with strong numeracy, communication and organisation skills.

This is a great opportunity to join a highly respected pension consultancy which offers a great working environment and genuine prospects for development.

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Contact Detail:

Front Row Recruitment Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pensions Administrator

✨Tip Number 1

Network with professionals in the pensions industry, especially those who work in Defined Benefit schemes. Attend relevant events or webinars to connect with potential colleagues and learn more about the company culture at our consultancy.

✨Tip Number 2

Familiarise yourself with the latest trends and regulations in pension administration. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in this ever-evolving field.

✨Tip Number 3

Prepare to discuss specific examples from your previous experience that showcase your ability to handle complex pension tasks and manage client relationships effectively. Highlighting these skills can set you apart from other candidates.

✨Tip Number 4

Research our company thoroughly, including our values, recent projects, and client testimonials. This will enable you to tailor your conversations during interviews and show how your goals align with ours.

We think you need these skills to ace Senior Pensions Administrator

Knowledge of Defined Benefit (DB) pension schemes
Complex calculation skills
Numeracy skills
Client relationship management
Project management
Attention to detail
Communication skills
Organisational skills
Ability to prioritise workload
Experience in pension administration
Problem-solving skills
Team leadership
Advisory skills for less experienced colleagues
Understanding of SLA's and deadlines

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with Defined Benefit pension schemes. Include specific examples of complex calculations you've performed and any relevant projects you've managed.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of the responsibilities, such as managing client portfolios and providing guidance to colleagues, and how your skills align with these tasks.

Highlight Relevant Experience: When detailing your work history, focus on your 3+ years of technical experience in pensions administration. Emphasise your ability to meet SLAs and deadlines, and provide examples of how you've handled complex pension tasks.

Proofread Your Application: Before submitting, carefully proofread your application for any errors or typos. A polished application reflects your attention to detail, which is crucial in the pensions industry.

How to prepare for a job interview at Front Row Recruitment Ltd

✨Showcase Your Technical Knowledge

Make sure to brush up on your understanding of Defined Benefit pension schemes. Be prepared to discuss complex calculations and demonstrate your ability to handle tasks like leavers, retirements, and transfers. This will show that you have the technical expertise required for the role.

✨Demonstrate Leadership Skills

As a Senior Administrator, you'll be expected to prioritise workloads and assist in managing the team. Share examples from your past experiences where you've successfully led a team or managed projects, highlighting your organisational skills and ability to guide less experienced colleagues.

✨Prepare for Client Interactions

Since you'll be a point of contact for clients and trustees, practice how you would handle client meetings. Think about how you can effectively communicate complex information in a clear and concise manner, and be ready to discuss how you would build strong relationships with clients.

✨Ask Insightful Questions

At the end of the interview, take the opportunity to ask questions that show your interest in the company and the role. Inquire about their approach to process changes or how they support professional development within the team. This demonstrates your enthusiasm and commitment to contributing positively to their organisation.

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