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For Companies At a Glance
- Tasks: Support operational setup of new transactions and ensure data accuracy for member options.
- Company: Join a fast-growing company dedicated to helping customers enjoy their retirement.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Other info: Dynamic work environment with a focus on employee well-being and support.
- Why this job: Be part of a team making a real difference in people's retirement journeys.
- Qualifications: Strong knowledge of Defined Benefit schemes and excellent attention to detail.
The predicted salary is between 50000 - 60000 £ per year.
This role would suit a Senior Pensions Administrator, with experience of multiple DB/Defined Benefit Schemes and looking to move away from member facing work.
Location: London or Reigate
Contract: Permanent
Hours: 35 hours
Purpose
This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. The role holder will also be responsible for providing strong technical knowledge which ensures that transitions and member benefit data structures are embedded into our process and beyond. Through consistency and structure in our set up, we maximise efficiency, provide clarity to all areas involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.
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
- Produce consistent benefit specification documentation for all new transactions.
- From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced.
- Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team.
- Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables.
- Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity.
- Support GMP Equalization work by preparing templates when required.
What we’re looking for
- Excellent Defined Benefit technical knowledge.
- Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail.
- Good organisational and prioritisation skills.
- Good verbal, written communication and interpersonal skills.
- Good analytical and issue resolution skills.
- An understanding of project management would be beneficial, but not essential.
- An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential.
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 Pensions Analyst - 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 Pensions Analyst - 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 technical knowledge. Make sure you can confidently discuss DB pensions and the specifics of the role. We want you to shine when they ask about your experience with data preparation and member options!
✨Tip Number 3
Don’t forget to showcase your organisational skills! During interviews, share examples of how you've managed tight deadlines and maintained accuracy in your previous roles. This will show them you're the perfect fit for their team.
✨Tip Number 4
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 achieve a better later life.
We think you need these skills to ace Senior Pensions Analyst - Defined Benefit
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Pensions Analyst role. Highlight your experience with Defined Benefit schemes and any relevant technical knowledge. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Remember, we love seeing genuine enthusiasm for helping people achieve a better later life.
Showcase Your Attention to Detail: Given the nature of the role, it's crucial to demonstrate your attention to detail. Make sure there are no typos or errors in your application. We appreciate candidates who take pride in their work and can maintain high standards.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Just Group plc
✨Know Your DB Schemes
Make sure you brush up on your knowledge of Defined Benefit schemes. Be ready to discuss specific examples from your experience, especially how you've handled data preparation and member option outputs in the past. This will show that you’re not just familiar with the concepts but have practical experience too.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities during the interview. Think of instances where you’ve assessed complex data or resolved issues related to pensions. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your problem-solving skills.
✨Communicate Clearly
Since this role involves working with various teams, strong communication is key. Practice explaining technical concepts in simple terms. You might be asked to describe how you would communicate a complex transition process to non-technical stakeholders, so be ready to showcase your interpersonal skills.
✨Understand the Company’s Purpose
Familiarise yourself with Just's mission to help people achieve a better later life. Be prepared to discuss how your values align with theirs and how you can contribute to their growth journey. Showing that you understand and resonate with their purpose can set you apart from other candidates.