At a Glance
- Tasks: Lead complex pension administration and provide expert guidance to clients and colleagues.
- Company: Join a growing, supportive team at Spence, a leader in pensions services.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Opportunities available in Belfast, Manchester, or Glasgow with a commitment to diversity.
- Why this job: Make a real impact in the pensions sector while developing your leadership skills.
- Qualifications: 8+ years in DB pension administration with strong client relationship skills.
The predicted salary is between 55000 - 65000 £ per year.
About You
Are you ready to take the lead on some of the most complex and rewarding challenges in pensions administration? As a Principal Pensions Administrator, you'll act as the key point of contact for trustees and advisers, ensuring that Defined Benefit (DB) schemes are managed with precision, compliance, and outstanding client service. This is a role where your technical expertise, leadership skills, and commercial awareness come together. You'll take ownership of entire schemes, oversee and authorise the most complex cases, and provide guidance to colleagues at every level. From attending trustee meetings and presenting reports to leading major exercises such as buy-ins, buyouts, and GMP equalisation, you'll also support Spence's business development by building trusted client relationships and contributing to new opportunities. At Spence, we're continuing to grow, and you'll play an important part in that journey. You'll be joining a collaborative and supportive team where your knowledge is valued, your impact is recognised, and your contribution helps shape the future of our pensions services.
Responsibilities & Criteria
- Key Criteria (Essential)
- At least 8 years' experience in DB pension administration; extensive experience in Defined Benefit (DB) pension administration, with proven expertise in complex and technical cases.
- In-depth knowledge of UK pensions legislation, regulation, and codes of practice.
- Demonstrated experience acting as lead contact for trustees and advisers.
- Strong client relationship skills, including attending and contributing to trustee meetings.
- Experience leading on scheme-wide projects (e.g. GMP equalisation, buy-ins, buyouts, scheme wind-ups).
- Ability to mentor, guide, and support both junior and senior colleagues.
- Excellent organisational skills, with the ability to manage competing priorities across multiple schemes.
- Commercial awareness and the confidence to support business development activity.
- Desirable Criteria
- PMI qualification (or working towards).
- Experience preparing trustee reports and presenting technical advice at trustee meetings.
- Track record of delivering large scale or complex pension projects successfully.
- Evidence of contributing to process improvements or shaping team practices.
- Experience representing the business at pitches or new client opportunities.
Working hours: Monday to Friday, 37.5 hours per week with additional hours as and when required.
Location: UK-wide with opportunity available in Belfast, Manchester or Glasgow. All roles are subject to a six-month probationary period and all prospective employees are required to complete an Access NI check. As part of the pre-hire process, the successful candidate will be subject to reference checking security vetting.
3173 is an Equal Opportunity Employer.
Supporting Candidates with Disabilities
As part of our belief that we benefit from the differences among us we are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. As part of this commitment, we guarantee to automatically interview anyone with a disability who meets the minimum criteria. If there is support or an adjustment that we can provide to enable you to be at your best during the recruitment and selection process, we encourage you to advise us in good time so that we may make suitable arrangements. Please contact and ask to speak to a member of the People & Culture team.
Principal Pensions Administrator employer: Job Search Place Limited
At Spence, we pride ourselves on being an exceptional employer, offering a collaborative and supportive work culture that values your expertise and contributions. As a Principal Pensions Administrator, you'll have the opportunity to lead complex pension projects while enjoying professional growth through mentorship and business development initiatives. With locations in Belfast, Manchester, and Glasgow, we provide a dynamic environment where your impact is recognised, and your career can flourish.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pensions Administrator
✨Tap into Campus Networks
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We think you need these skills to ace Principal Pensions Administrator
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 Job Search Place Limited.
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How to prepare for a job interview at Job Search Place Limited
✨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 Job Search Place Limited.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Job Search Place Limited 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.