Senior Pensions Administrator

Senior Pensions Administrator

Edinburgh Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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Gallagher Benefit Services

At a Glance

  • Tasks: Administer pension schemes and ensure accurate calculations while supporting team members.
  • Company: Join Gallagher Benefit Services, a leader in workplace transformation.
  • Benefits: Enjoy 25+ days holiday, life insurance, health plans, and more perks.
  • Why this job: Make a real impact on people's lives through effective pension management.
  • Qualifications: 3+ years in pension administration and strong analytical skills required.
  • Other info: Inclusive culture with opportunities for growth and community support.

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

IntroductionDiscover a world of endless possibilities at Gallagher Benefit Services, where you\’ll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation. We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply. OverviewAs a Senior Pensions Administrator, you’ll be a highly organized and detail-oriented individual administering a portfolio of occupational pension schemes, this could be a combination of DB, DC and Hybrid pensions, ensuring that all tasks and calculations are carried out accurately and promptly. You’ll be responsible for the allocation of cases, performing and checking both automated and manual calculations. You will also draft and check correspondence and reports, manage pensioner payrolls and support the Client Executive team. You’ll be responsible for the supervision and training of up to two pensions administrators. You’ll approach each case with the same dedication and vigilance, providing the highest level of service to each scheme member. How you\’ll make an impactCarrying out and checking pension administration tasks and calculations accurately, in a timely manner and in accordance with internal processes and adhering to company policies and governing regulations Managing your workload, taking into consideration time required for all cases to be peer reviewedLiaising with scheme members through a variety of channels including email, letter or telephonePreparing and checking member correspondence and client reports, managing cashflows, investments/disinvestments and invoicesDealing with or checking non-standard client/member queriesCollaborating with team members and building relationships with supporting teamsProviding support and training to team members and assisting the Team Leader as requiredEngaging and being visible with team members and the Team Leader throughout the dayAssisting the Client Executive team where necessary and attending client meetings or new business pitches if required About YouAt least 3 years’ experience of defined benefit / defined contribution pension scheme administration Achieved or studying towards the Pension Management Institute’s CPC qualificationAnalytical skills with a logical approach to problem solvingAbility to process, collect and input data accuratelyAbility to apply pensions knowledge and experience when peer reviewing cases, ensuring accurate and relevant information is provided to scheme members Strong prioritisation skills to meet deadlines and disclosure requirementsExcellent communication skills to answer queries by telephone, letter and email, and provide effective feedback to the team on caseworkAbility to work effectively as part of a teamProficiency in Microsoft Office Compensation and benefitsOn top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra daysDefined contribution pension scheme, which Gallagher will also contribute toLife insurance, which will pay 4x your basic annual salary, which you can top-up to 10xIncome protection, we’ll cover up to 50% of your annual income, with options to top upHealth cash plan or Private medical insuranceOther benefits include:Three fully paid volunteering days per yearEmployee Stock Purchase plan, offering company shares at a discountShare incentive plan, HMRC approved, tax effective, stock purchase planCritical illness coverDiscounted gym membership, with over 3,000 gyms nationallySeason ticket loanAccess to a discounted voucher portal to save money on your weekly shop or next big purchaseEmergency back-up family careAnd many more…We value inclusion and diversityInclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch. Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Senior Pensions Administrator employer: Gallagher Benefit Services

Gallagher Benefit Services is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary alongside a comprehensive benefits package including generous holiday allowances, life insurance, and health plans. Our inclusive work culture fosters collaboration and diversity, empowering you to make a meaningful impact in the pensions sector while enjoying opportunities for career advancement in a supportive environment.
Gallagher Benefit Services

Contact Detail:

Gallagher Benefit Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pensions Administrator

✨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 researching Gallagher Benefit Services thoroughly. Understand their values, recent projects, and how they impact the workplace. This will help you tailor your answers and show that you're genuinely interested.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on showcasing your experience in pension scheme administration and your analytical skills.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining our team at Gallagher.

We think you need these skills to ace Senior Pensions Administrator

Pension Scheme Administration
Defined Benefit (DB) Knowledge
Defined Contribution (DC) Knowledge
Hybrid Pension Knowledge
Analytical Skills
Problem-Solving Skills
Data Processing Accuracy
Communication Skills
Prioritisation Skills
Team Collaboration
Microsoft Office Proficiency
Client Relationship Management
Training and Supervision
Attention to Detail

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Pensions Administrator role. Highlight your experience with DB, DC, and Hybrid pensions, and show us how your skills align with what we're looking for.

Showcase Your Attention to Detail: As a Senior Pensions Administrator, accuracy is key! Use your application to demonstrate your meticulous nature. Include examples of how you've successfully managed complex calculations or handled sensitive information in the past.

Communicate Clearly: We love clear communication! When drafting your cover letter, be concise and direct. Make sure to address how you can support our team and enhance client relationships through effective communication.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Gallagher Benefit Services

✨Know Your Pensions Inside Out

Make sure you brush up on your knowledge of defined benefit and defined contribution schemes. Be ready to discuss specific examples from your experience, as well as any relevant regulations or policies that apply. This will show that you’re not just familiar with the terms but can apply them in real-world scenarios.

✨Demonstrate Your Organisational Skills

As a Senior Pensions Administrator, being organised is key. Prepare to share how you manage your workload and prioritise tasks. You might even want to bring a sample of your work or a case study to illustrate your approach to managing multiple pension schemes effectively.

✨Showcase Your Communication Skills

Since you'll be liaising with scheme members and team members alike, practice articulating complex pension concepts in simple terms. Think about how you would explain a tricky calculation or a policy change to someone without a pensions background. This will highlight your ability to communicate clearly and effectively.

✨Be Ready to Lead and Train

You’ll be supervising and training other administrators, so come prepared with examples of how you've successfully led a team or mentored others in the past. Discuss your approach to providing feedback and support, and how you ensure everyone is on the same page when it comes to accuracy and compliance.

Senior Pensions Administrator
Gallagher Benefit Services
Location: Edinburgh
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