At a Glance
- Tasks: Manage pension schemes, support clients, and mentor junior team members.
- Company: Reputable pension consulting firm with a strong focus on client service.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for career growth and to work closely with Scheme Trustees.
- Why this job: Join a dynamic team and make a real difference in pension administration.
- Qualifications: 5-7 years of experience in pension administration and strong technical knowledge.
The predicted salary is between 36000 - 60000 £ per year.
This highly regarded pension consulting firm and specialist third party administrator are looking to hire a Principal Pension Administrator to join their Glasgow based administration team.
About the Role
The team provide a full administration service to their clients so you\'ll be involved in a wide variety of work including member events, scheme events, and client management, as well as undertaking specific forensic research for scheme which have been referred by the Pensions Regulator. You will work closely with Scheme Trustees and with Scheme Members to provide the highest levels of service.
You will also help to develop/mentor less experienced members of the admin team, and will deputise for the Admin Team Manager in their absence.
About You
Candidates will possess broad technical knowledge of Defined Benefits pension arrangement and the associated legislation and regulation of these schemes. You\'ll also need a minimum of 5-7 years\' experience of administering and managing Defined Benefits and Defined Contribution scheme arrangements at Senior Administrator level.
Knowledge of and experience with GMP Reconciliation/Equalisation calculations is desirable, as is an understanding of scheme wind-ups and PPF work, though not essential.
Principal Pensions Administrator in Glasgow employer: IPS Group
As a leading pension consulting firm based in Glasgow, we pride ourselves on fostering a collaborative and supportive work environment where our employees can thrive. We offer comprehensive training and development opportunities, ensuring that our team members grow their expertise while contributing to meaningful client outcomes. With a strong emphasis on work-life balance and a commitment to employee well-being, we are dedicated to creating a workplace that values both professional and personal growth.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pensions Administrator in Glasgow
✨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
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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.
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Don’t shy away from reaching out directly to firms like IPS 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 Principal Pensions Administrator in Glasgow
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 IPS 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 IPS 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 IPS 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 IPS Group.
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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 IPS 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 IPS 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.