At a Glance
- Tasks: Manage day-to-day SIPP administration and ensure timely processing of client requests.
- Company: Join a diverse and inclusive team at iPensions Group.
- Benefits: Enjoy a supportive work culture with opportunities for growth and work-life balance.
- Other info: Collaborate with advisers and clients in a dynamic environment.
- Why this job: Make a real impact in the pensions industry while developing your skills.
- Qualifications: Minimum 3 years experience in pensions, strong communication, and attention to detail.
The predicted salary is between 31500 - 38500 £ per year.
As a dedicated member of our SIPP administration team you will undertake day-to-day administration work processing requests with vigilance and caution whilst going the extra mile.
You will support our client and adviser needs with the highest professional standards and ensure all aspects of the role are met by following our brand and company guidelines.
This role involves dealing with various internal teams and departments but also with external entities such as financial advisers and investment providers on a regular basis.
It is an excellent opportunity for someone looking for a change and has a minimum of 3 years prior experience working in the pensions industry and someone who is diligent in their work, possesses strong inter-personnel communication skills, has technical knowledge and experience in the pensions industry, is focused and committed, who is comfortable working with numbers and can contribute towards the continuous betterment of the team.
- Tasks and responsibilities
- Day to day administration of SIPPs
- Process PCLS payments for clients
- Process regular and ad-hoc payments for clients in retirement
- Perform necessary technical calculations for clients in retirement
- Process one off and regular investment withdrawals in order for payments to reach the members on time
- Use HMRC online services to process income tax
- Process death beneficiary payments
- Have timely communication with the advisers and members to notify them of any issues with the member’s request
- Ensure all requests are tracked till completion
- Being involved in projects within the administration department
- Other than retirements and payments, at times administer other aspects of SIPP and SSAS workload including SIPPs holding portfolios of properties
- Build relationships with our advisers and clients and deliver exceptional communication and service
- Share knowledge and support less experienced members of the team
- Ensuring full compliance with the Service Level Agreements
- Improve and/or maintain Quality Assurance across all areas of your work
- Embed risk management in all aspects of your work
Skills and experience
- Strong SIPP knowledge and experience
- Contribute effectively to our wider business success within the group
- Strong attention to detail and the ability to perform under pressure
- Confident with the ability to ask questions
- Excellent organisational and multi-tasking skills
- Proficient with Microsoft Office, in particular Excel
- Fluent and positive written and verbal communication outcome with internal as well as external entities
- Excellent numerical and customer services skills
- Understand SIPP rules and be able to perform drawdown calculations, bereavement benefit calculations and divorce calculations
- Be able to understand investment transactions including identifying non-standard investments
- Aptitude to learn and adapt new skills, processes, systems and tasks
- Understand pension rules and be able to perform drawdown calculations, bereavement benefit calculations and divorce calculations
- Be able to understand investment transactions including identifying non-standard investments
- Aptitude to learn and adapt new skills, processes, systems and tasks
- Working at i Pensions Group
- Here at i Pensions Group we believe in a work culture where equality and diversity are important and people are valued, respected and know that they matter.
We treat all people equally when recruiting, training, promoting and in our day-to-day work.
Our aim is to provide a stimulating and rewarding working environment that encourages our people to work together and provides opportunities for them to reach their potential and achieve a work-life balance.
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Pension Administrator in Sale employer: iPensions Group
At iPensions Group, we pride ourselves on fostering a supportive and inclusive work culture where every employee is valued and encouraged to thrive. As a Pension Administrator, you will benefit from a stimulating environment that promotes professional growth and offers opportunities to collaborate with diverse teams while ensuring the highest standards of service for our clients. With a commitment to work-life balance and continuous improvement, we are dedicated to helping you reach your full potential in the pensions industry.
StudySmarter Expert Advice🤫
We think this is how you could land Pension Administrator in Sale
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like iPensions Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pension Administrator in Sale
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to iPensions Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on iPensions Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at iPensions Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with iPensions Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at iPensions Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former iPensions Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
