At a Glance
- Tasks: Lead oversight of Third-Party Administration partners and enhance pension administration services.
- Company: Top insurer in Pension Risk Transfer with a collaborative work culture.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity to collaborate with various departments and grow your career.
- Why this job: Make a real impact on pension processes and customer outcomes.
- Qualifications: Strong knowledge of defined benefit pensions and administration experience.
The predicted salary is between 60000 - 80000 £ per year.
Our client is one of the leading Insurers in Pension Risk Transfer (PRT).
They need someone to lead the oversight of Third-Party Administration (TPA) partners and support the delivery of their pension administration services. This in-house opportunity means you’ll work closely with other departments such as Risk, Legal, Finance, Transitions, and Operations to improve processes and customer outcomes.
Responsibilities
- Support and get exposure to scheme transitions, buy-ins, and buy-outs with internal stakeholders.
- Strong knowledge of defined benefit pensions and pensions administration.
- Understanding of buy-ins, buy-outs, and scheme transitions.
Third Party Administration Manager employer: HFG Insurance Recruitment
As a leading insurer in Pension Risk Transfer, our client offers a dynamic work environment where collaboration across departments is encouraged, fostering a culture of innovation and continuous improvement. Employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth while contributing to meaningful projects that enhance customer outcomes. Located in a vibrant area, the company also provides a supportive atmosphere that values work-life balance and employee well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Third Party Administration Manager
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like HFG Insurance Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like HFG Insurance Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Third Party Administration Manager
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at HFG Insurance Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at HFG Insurance Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at HFG Insurance Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at HFG Insurance Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding HFG Insurance Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
