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- Tasks: Lead and manage a portfolio of DB pension schemes while training junior staff.
- Company: Join one of the UK's top pension consulting firms with a strong growth trajectory.
- Benefits: Enjoy a competitive salary, hybrid/remote work options, and a leading financial benefits package.
- Why this job: This role offers clear career progression and the chance to make a real impact in pensions.
- Qualifications: Five years of experience in Defined Benefit pension administration and strong communication skills required.
- Other info: Ideal for experienced professionals or those looking to advance their pension administration career.
The predicted salary is between 44000 - 66000 £ per year.
Senior Pension Administrator
Salary -55,000K DOE
UK Wide
Hybrid/Remote
IDEX Consulting is working exclusively with one of the UK's leading pension consulting firms in the search for a Senior Pension Administrator in their DB schemes team. The role has arisen due to continued growth and recent external investment.
This firm has an excellent staff retention rate, clear progression plans and opportunities in different teams, so you can future proof your career. They also offer a market leading financial & benefits package.
You will be responsible for administering and leading on a portfolio of DB schemes, acting as the client relationship manager. You will check colleagues work, manage workflow and train/develop the junior staff.
If you are an experienced Senior DB Pension Administrator, or a Pension Administrator looking to step up, then please get in touch for more information.
Key Requirements
- Broad pension's technical knowledge, with at least five years' experience working in a Defined Benefit pension administration environment and with a detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation and codes of practice
- Knowledge of systems e.g. Microsoft Office/ Windows applications
- Experience in managing ad-hoc and annual pension projects
- Excellent communication skills both written and oral with the ability to articulate and communicate current and relevant issues to scheme members; pension trustees; and other relevant third parties
- Experience of working pro-actively and using own initiative to complete tasks.
- The ability to perform in a fast-moving environment providing excellent service to clients and third parties with a desire to succeed at accomplishing challenging objectives
Desirable
- Knowledge of and experience with GMP Reconciliation / Equalisation calculations
- Practical knowledge of the Pension Protection Fund (PPF)
Senior Pension Administrator employer: IDEX Consulting Ltd
Contact Detail:
IDEX Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Administrator
✨Tip Number 1
Make sure to highlight your experience with Defined Benefit pension schemes in your conversations. This role requires a deep understanding of DB schemes, so be prepared to discuss specific projects or challenges you've faced in this area.
✨Tip Number 2
Demonstrate your leadership skills by sharing examples of how you've managed teams or trained junior staff in the past. This will show that you can take on the responsibility of leading a portfolio and developing others.
✨Tip Number 3
Familiarize yourself with the latest UK pensions legislation and codes of practice. Being up-to-date will not only help you in discussions but also show your commitment to the field and your proactive approach.
✨Tip Number 4
Prepare to discuss your experience with managing ad-hoc and annual pension projects. Highlighting your ability to work in a fast-paced environment while providing excellent service will set you apart from other candidates.
We think you need these skills to ace Senior Pension Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in Defined Benefit pension administration. Emphasize your technical knowledge, years of experience, and any specific projects you've managed that align with the job requirements.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of UK pensions legislation and how your skills can contribute to the firm's success. Be sure to include examples of your communication skills and ability to manage workflow.
Highlight Relevant Skills: Clearly outline your experience with Microsoft Office and any other systems you are familiar with. If you have experience with GMP Reconciliation or the Pension Protection Fund, make sure to mention it as it is desirable for this position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your application is clear, concise, and free of typos, as excellent written communication skills are essential for this role.
How to prepare for a job interview at IDEX Consulting Ltd
✨Showcase Your Technical Knowledge
Make sure to highlight your broad technical knowledge of defined benefit pension schemes. Be prepared to discuss specific legislation, regulations, and codes of practice that are relevant to the role.
✨Demonstrate Leadership Skills
Since the role involves managing workflow and training junior staff, share examples of how you've successfully led teams or projects in the past. This will show your potential employer that you can take charge and develop others.
✨Communicate Effectively
Excellent communication skills are crucial for this position. Practice articulating complex pension issues clearly and concisely, as you may need to explain these to clients and trustees during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your ability to handle fast-paced environments and challenging objectives. Prepare scenarios from your past experience where you successfully managed projects or resolved issues under pressure.
