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For Companies At a Glance
- Tasks: Manage pension schemes and provide top-notch service to clients and members.
- Company: Reputable pension consulting firm with a focus on client satisfaction.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Why this job: Join a dynamic team and make a real difference in pension administration.
- Qualifications: 3-5 years experience in pension administration and strong technical knowledge.
- Other info: Opportunity for career growth in a respected industry.
The predicted salary is between 36000 - 60000 £ per year.
This highly regarded pension consulting firm and specialist third party administrator are looking to hire an experienced Senior Pension Administrator to join their Manchester 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.
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 3 to 5 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.
Senior Pension Administrator – DB & DC employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Administrator – DB & DC
✨Tip Number 1
Network like a pro! Reach out to your connections in the pension 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 Benefits and Defined Contribution schemes. We recommend creating a list of common interview questions and practising your responses, so you can showcase your expertise with confidence.
✨Tip Number 3
Don’t just apply anywhere; focus on firms that align with your values and career goals. Check out our website for opportunities that match your skills and experience, and tailor your approach to each company’s culture and mission.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Senior Pension Administrator – DB & DC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with Defined Benefits and Defined Contribution schemes. We want to see how your skills match the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pension administration and how your background makes you the perfect fit for our team. Keep it engaging and personal!
Showcase Your Technical Knowledge: Since we’re looking for someone with broad technical knowledge, make sure to mention any specific legislation or regulations you’re familiar with. If you’ve got experience with GMP Reconciliation or scheme wind-ups, definitely include that!
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 to do!
How to prepare for a job interview at IPS Group
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefits and Defined Contribution schemes. Be prepared to discuss specific legislation and regulations, as well as any recent changes in the pension landscape. This will show that you're not just experienced but also up-to-date with industry standards.
✨Showcase Your Client Management Skills
Since the role involves working closely with Scheme Trustees and Members, think of examples from your past experience where you've successfully managed client relationships. Prepare to share how you’ve handled challenging situations or improved client satisfaction, as this will highlight your interpersonal skills.
✨Prepare for Technical Questions
Expect some technical questions related to GMP Reconciliation/Equalisation calculations and scheme wind-ups. Even if you don’t have direct experience, showing that you understand these concepts and can discuss them intelligently will impress the interviewers.
✨Demonstrate Your Research Skills
Since the role involves forensic research for schemes referred by the Pensions Regulator, be ready to talk about how you approach research tasks. Share examples of how you've conducted thorough investigations in the past and what tools or methods you used to ensure accuracy and compliance.
