Pensions Administrator

Pensions Administrator

Full-Time 44100 - 53900 £ / year (est.) Home office (partial)
Lane Clark & Peacock LLP.

At a Glance

  • Tasks: Join a dynamic team managing pensions and providing top-notch client service.
  • Company: LCP, an award-winning consultancy focused on pensions and analytics.
  • Benefits: Enjoy hybrid working, professional study support, and a comprehensive wellbeing package.
  • Other info: Inclusive workplace with opportunities for personal and professional growth.
  • Why this job: Make a real impact in pensions while developing your skills and career.
  • Qualifications: 3 years of UK DB pensions administration experience and a passion for learning.

The predicted salary is between 44100 - 53900 £ per year.

LCP is an award-winning actuarial and analytics consultancy providing advice on pensions, investments, employee benefits, insurance, health and energy. We currently have exciting opportunities for pension administrators with DB experience to join our team.

You will be part of a team of committed professionals who give the client the best possible service. Working on a number of Defined Benefit clients leads to a great variety of work. As you develop you will take on more responsibility for the clients that you work on. For our people this leads to a real sense of client ownership and individual growth as you learn more about pensions in general.

This role requires you to be well-organised, have an aptitude for figure work and be able to work as part of a team. There is an opportunity for progression with a structured career path and a full training programme will be provided.

What will you be doing?

  • Continuing to broaden your technical knowledge and expertise
  • Understanding the processes for complex cases such as divorce, members with large benefits and tax issues and complex death cases whilst ensuring that procedures are adhered to at all times
  • Carrying out complex calculations as well as checking those carried out by more junior colleagues
  • Keeping up to date with changes in legislation and highlighting any necessary changes that might be needed for your clients' communications, calculations or practices
  • Showing awareness of special conditions for certain clients and what is scheme specific
  • Being involved in efficiency drives for your clients, always looking for improvements and considering the best way to deliver a good service
  • Getting involved in departmental initiatives and projects that benefit the department
  • Drafting complex non-standard letters where required and checking those drafted by others
  • Mentoring and training more junior colleagues and much more!

What skills and experience do you need to demonstrate for this role?

  • A minimum of 3 years UK DB pensions administration experience
  • Educated to ‘A’ level, degree level or equivalent
  • Making good progress towards the relevant training courses and subsequent exams in order to gain the Award in Pensions Essentials (APE) and the Certificate in Pensions Calculations (CPC)
  • Awareness and an understanding of the role of relevant external bodies e.g. PPF, tPR
  • Well organised and thorough, with excellent attention to detail
  • Ability to work either alone and/or as part of a team with fluctuating workload also the ability to use own initiative
  • Able to maintain high standard of professionalism at all times with and ability to demonstrate good organisational, analytical and communication skills
  • Flexibility of hours worked/duties undertaken and keen to learn

What’s in it for you?

As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work.

  • For you: Hybrid working (varies by role and department), Professional study support (where applicable), Access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks
  • For your family: Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave
  • For your health: 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday, Private medical insurance, Discounted gym memberships, critical illness and dental insurance through our flexible benefits, Cycle to work scheme, Digital GP services
  • For your wealth: Discretionary bonus scheme, Season ticket loans
  • For others: Volunteering opportunities
  • For the environment: Electric vehicle salary sacrifice scheme (qualifying period applies)

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation. LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application.

Recruitment agencies LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs or candidate profiles from agencies who are not part of our current PSL.

Pensions Administrator employer: Lane Clark & Peacock LLP.

LCP is an exceptional employer that prioritises the growth and development of its employees, offering a structured career path and comprehensive training programmes tailored for the pensions administration trainee role. With a collaborative work culture and a commitment to diversity, equity, and inclusion, employees are encouraged to engage in various networks and volunteer opportunities, all while working with cutting-edge technology in vibrant London or Winchester locations. Joining LCP means becoming part of a dedicated team that values hard work and delivers top-notch service to clients, ensuring a rewarding and meaningful career journey.

Lane Clark & Peacock LLP.

Contact Details:

Lane Clark & Peacock LLP. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pensions Administrator

Tip Number 1: Tap Into Professional Networks

The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!

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Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Lane Clark & Peacock LLP.. You never know who might be your next boss or a crucial contact!

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Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Lane Clark & Peacock LLP..

Tip Number 4: Apply Directly on Company Websites

Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Lane Clark & Peacock LLP.. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!

We think you need these skills to ace Pensions Administrator

UK DB Pensions Administration Experience
Attention to Detail
Organisational Skills
Analytical Skills
Communication Skills
Teamwork
Problem-Solving Skills

Some tips for your application 🫡

Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.

Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Lane Clark & Peacock LLP. and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!

Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.

Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Lane Clark & Peacock LLP. how you can be a team player!

How to prepare for a job interview at Lane Clark & Peacock LLP.

Brush Up on Technical Skills

Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!

Showcase Your Financial Acumen

If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Lane Clark & Peacock LLP..

Know Your Numbers

In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.

Connect with Company Goals

Familiarise yourself with Lane Clark & Peacock LLP.'s financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!