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For Companies At a Glance
- Tasks: Manage pension scheme transitions and ensure smooth implementation with strong stakeholder engagement.
- Company: Join a fast-growing company dedicated to helping people enjoy their retirement.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Why this job: Be part of a team making a real difference in people's lives during their retirement journey.
- Qualifications: Experience in DB pensions or de-risking, with strong relationship and project management skills.
- Other info: Dynamic work environment with a focus on employee well-being and support.
The predicted salary is between 36000 - 60000 £ per year.
Location: London or Reigate – hybrid 50%
Contract: Permanent
Hours: 35 hours
Purpose
This role is responsible for project planning and managing scheme transitions from contract negotiations through to the end of data cleanse, including the collation and validation of accurate data providing the cornerstone of the transaction and implementation of the contact. Agreeing process and timescales with the trustees and internal key stakeholders ensuring client commitments are met and issues are escalated accordingly, with excellent stakeholder management throughout the process.
Delivering strong and consistent stakeholder management setting clear and agreeable timescales and expectations; the engagement experience and journey we deliver to our clients paves the way for future business opportunities.
The role will involve working on a number of transactions at once and the transition manager is responsible for ensuring all parties involved in the initial transition activities are aware of their responsibilities. The role will also provide direction and support for the development of the Transition Consultant and Transition Support roles.
About Just
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Key responsibilities
- You will be responsible for smooth and successful transition and implementation of schemes that transact with us.
- Working primarily with scheme administrators and will be responsible for a number of transitions at any one time, of varying sizes and complexity, ensuring that all parties involved in each project are aware of their responsibilities and deliver accordingly.
- Providing strong and consistent stakeholder management, setting clear and agreeable timescales and expectations with both internal & external stakeholders.
- Being responsible for the analysis and collation of accurate and validated data.
- Building strong relationships with clients such as Employee Benefit Consultants (EBCs), Trustees and Pensions Managers and support them with further de-risking opportunities by attending Trustee meetings, meeting with clients face to face and offering general support and training.
- Be responsible for obtaining, validating and checking data received during the data cleanse period to ensure smooth handover to the Implementation team.
- Communicate progress, issues and next steps to key stakeholders involved in the transaction, such as trustees and administrators.
- Support the Senior Business Development Manager with management of clients, including discussing how we can support them throughout their de-risking journey, and attendance at Trustee board meetings (where appropriate).
- Work with the DB Operations team to handle trustee queries during transition process, until schemes handed over to BAU, supporting the Implementation Managers with operational tasks such as payroll funding, member calculations and reinsurance reporting.
What we’re looking for
- Experienced within the DB Pensions OR the DB De-risking Market, with knowledge of buy-ins and buy outs or general de-risking.
- Experience of relationship management and/or project management.
- Proficient in Microsoft Excel; with the ability to analyse and check data accordingly and efficiently whilst explaining issues to clients in a clear and appropriate manner.
What’s in it for you
- A competitive salary, pension scheme and life assurance.
- 25 days annual leave plus an additional day on us for your birthday.
- Private medical cover and income protection, just in case.
- A generous and highly achievable bonus scheme.
- Opportunities to progress your career in-role and within the company.
- Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders.
- A variety of employee funded benefits available via our online benefits portal.
- Plus, several additional purchase options available for you and your loved ones.
Explore our full range of benefits on our dedicated benefits page.
Senior Pension Administrator - Defined Benefit employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension Administrator - Defined Benefit
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry, especially those who work with Defined Benefit schemes. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your project management skills. Since this role involves managing multiple transitions, be ready to discuss how you've successfully handled similar projects in the past.
✨Tip Number 3
Show off your stakeholder management skills! Be prepared to share examples of how you've built strong relationships with clients and colleagues, as this is key for the Transition Relationship Manager role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our mission to help people enjoy their retirement.
We think you need these skills to ace Senior Pension Administrator - Defined Benefit
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Pension Administrator role. Highlight your experience in DB pensions and project management, and don’t forget to showcase your relationship management skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit for our team at StudySmarter.
Showcase Your Data Skills: Since this role involves a lot of data analysis, be sure to mention your proficiency in Microsoft Excel. Give examples of how you've used data to drive decisions or improve processes in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Just Group plc
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit schemes, buy-ins, and buy-outs. Being able to discuss these topics confidently will show that you're not just familiar with the terminology but also understand the intricacies involved in the transition process.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've successfully managed relationships with clients or stakeholders in the past. Highlight your ability to set clear expectations and timelines, as this role heavily relies on effective communication and relationship-building.
✨Demonstrate Your Project Management Experience
Be ready to discuss your experience in managing multiple projects simultaneously. Use specific examples to illustrate how you've kept everything on track, especially when dealing with complex transitions. This will help convey your organisational skills and ability to handle pressure.
✨Excel at Excel
Since proficiency in Microsoft Excel is crucial for this role, be prepared to discuss your experience with data analysis and validation. If possible, bring examples of how you've used Excel to solve problems or streamline processes in previous roles.
