At a Glance
- Tasks: Deliver accurate pension administration services and manage complex projects.
- Company: Dynamic company offering hybrid working and a supportive team environment.
- Benefits: Competitive salary, 25 days holiday, generous pension scheme, and training provided.
- Other info: Perfect for those who love problem-solving and operational delivery.
- Why this job: Join a team where your skills make a real difference in people's lives.
- Qualifications: Experience in Defined Benefit pensions and strong technical knowledge required.
The predicted salary is between 45000 - 50000 £ per year.
As a Senior Pension Administrator, you will play a key role in delivering accurate, timely, and compliant pension administration services to our members. You will handle a varied workload that combines day-to-day operations with more complex technical work, pensioner payroll, project support and end-to-end scheme events such as pension increases. The pensions team is responsible for various communications, new starter presentations, auto-enrolment, governance, contribution changes and general employee/member enquiries.
- Quality checking of casework completed by the team to ensure it meets high standards and is delivered in line with agreed Service Level Agreements (SLAs).
- Processing the monthly pensioner payroll, including associated reconciliations and payments.
- Updating the administration system with calculation changes, factor updates, and member data amendments.
- Managing the annual pension increase exercise end-to-end.
- Assisting with other annual and triennial projects, including Bulk Deferred Benefit updates for Pensions Dashboards.
You will work closely with the wider team, trustees, and other stakeholders/suppliers to ensure a high-quality service is maintained at all times.
Significant experience in Defined Benefit pension administration and an understanding of Defined Contribution Schemes is required. Strong technical knowledge of DB schemes, including benefit calculations and annual exercises, is essential. Pensioner payroll experience is ideal, although full training can be provided for the successful candidate. Proven ability to handle complex cases and provide quality assurance/peer review on colleagues’ work is necessary. Proficiency in pension administration systems (training on our specific platform will be provided) is expected. Previous experience with scheme events and project support would be highly advantageous.
This role would suit someone who enjoys a mix of operational delivery, technical problem-solving, and contributing to broader scheme projects.
Competitive salary - £45-£50k
Holiday entitlement - 25 days plus bank holidays
Generous Pension Scheme
Senior DB Pensions Administrator - Hybrid working employer: Hays
As a Senior Pension Administrator with us, you will thrive in a dynamic hybrid working environment that values your expertise and fosters professional growth. We offer a competitive salary, generous holiday entitlement, and a robust pension scheme, all while promoting a collaborative work culture that encourages innovation and quality service delivery. Join our team to make a meaningful impact on our members' lives while enjoying the flexibility and support needed to excel in your role.
StudySmarter Expert Advice🤫
We think this is how you could land Senior DB Pensions Administrator - Hybrid working
✨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 the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of DB schemes. Be ready to discuss your experience with pensioner payroll and complex case handling. We want to see how you can bring your expertise to our team!
✨Tip Number 3
Showcase your problem-solving skills! Think of examples where you've tackled tricky situations in pension administration. This will help us see how you can contribute to our operational delivery and project support.
✨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 candidates who are proactive about joining our team.
We think you need these skills to ace Senior DB Pensions Administrator - Hybrid working
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your experience with Defined Benefit pension administration and any relevant project support you've done. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pension administration and how your background makes you the perfect fit for this role. Don’t forget to mention your technical knowledge and experience with payroll.
Showcase Your Problem-Solving Skills:In your application, give examples of how you've handled complex cases or improved processes in previous roles. We love candidates who can think on their feet and contribute to broader projects, so let us know how you've done this before!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at Hays
✨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 of your experience with pension administration, especially around payroll processing and benefit calculations. This will show that you’re not just familiar with the terms but can apply them in real-world scenarios.
✨Showcase Your Technical Skills
Since the role requires strong technical knowledge, prepare to talk about the pension administration systems you've used in the past. If you have experience with any specific platforms, mention them! Even if you haven't used their system before, demonstrating your ability to learn new software quickly can be a big plus.
✨Prepare for Complex Case Discussions
Expect questions about how you've handled complex cases in the past. Think of specific instances where you provided quality assurance or peer reviews. Being able to articulate your thought process and the steps you took to resolve issues will highlight your problem-solving skills.
✨Engage with the Team Dynamics
This role involves working closely with various stakeholders, so be prepared to discuss how you collaborate with others. Share examples of how you’ve contributed to team projects or communicated effectively with trustees and suppliers. Showing that you value teamwork will resonate well with the interviewers.
