At a Glance
- Tasks: Deliver accurate pension administration services and manage complex technical work.
- Company: Join a leading firm with a focus on quality and compliance in pensions.
- Benefits: Competitive salary, 25 days holiday, generous pension scheme, and remote work options.
- Other info: Enjoy a dynamic role with opportunities for professional growth and project involvement.
- Why this job: Make a real impact in the pensions sector while developing your skills.
- Qualifications: Experience in Defined Benefit pension administration 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. Whilst we do not administer this directly, the pensions team are 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.
Requirements:
- Significant experience in Defined Benefit pension administration and an understanding of Defined Contribution Schemes.
- Strong technical knowledge of DB schemes, including benefit calculations and annual exercises.
- 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.
- Proficiency in pension administration systems (training on our specific platform will be provided).
- 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 Pension Administrator, Pensions Administration, employer: Hays
As a Senior Pension Administrator with us, you will thrive in a supportive remote work environment that values your expertise and encourages professional growth. We offer a competitive salary, generous holiday entitlement, and a robust pension scheme, all while fostering a collaborative culture where your contributions to operational delivery and technical problem-solving are recognised and rewarded. Join our team to make a meaningful impact on the lives of our members and advance your career in pension administration.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pension Administrator, Pensions Administration,
✨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 a Senior Pension Administrator role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of Defined Benefit and Defined Contribution schemes. Be ready to discuss your experience with pensioner payroll and complex case handling, as these are key areas for the role.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share examples of how you've tackled challenges in pension administration or project support. This will demonstrate your ability to handle the varied workload mentioned in the job description.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Senior Pension Administrator, Pensions Administration,
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in Defined Benefit pension administration and any relevant technical knowledge. We want to see how your skills match the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Pension Administrator role. Share specific examples of your past work that relate to the job description, especially around payroll and project support.
Showcase Your Team Spirit:Since this role involves working closely with the team and other stakeholders, let us know about your collaborative experiences. Highlight times when you’ve worked well with others to deliver high-quality service or tackle complex cases.
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’s super easy – just follow the prompts and submit your materials!
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 benefit calculations and payroll processing.
✨Showcase Your Technical Skills
Prepare to demonstrate your proficiency in pension administration systems. If you have experience with specific platforms, mention them! Even if you haven't used their system before, highlight your ability to learn new software quickly.
✨Be Ready for Complex Case Scenarios
Think of a few complex cases you've handled in the past and be prepared to discuss how you approached them. This will show your problem-solving skills and your ability to maintain quality assurance in your work.
✨Engage with the Team Dynamics
Since this role involves working closely with various stakeholders, be ready to talk about your teamwork experiences. Share examples of how you've collaborated with others to deliver high-quality service and support project initiatives.
