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For Companies At a Glance
- Tasks: Calculate pension benefits and prepare communications for members and third parties.
- Company: Join a leading firm dedicated to providing top-notch pension administration services.
- Benefits: Enjoy flexible working options, competitive pay, and opportunities for professional growth.
- Why this job: Make a real impact in people's lives while developing valuable skills in a supportive environment.
- Qualifications: No prior experience needed; just a willingness to learn and a keen eye for detail.
- Other info: Stay ahead of the curve with ongoing training on legislative changes and compliance.
The predicted salary is between 30000 - 42000 £ per year.
What will you be doing?
- Perform benefit calculations manually, using a proforma, and through the relevant pension's administration system routine.
- Follow relevant checklists and procedures for each case.
- Obtain appropriate authorisation before releasing information.
- Prepare bulk mailings such as annual newsletters and pension increases.
- Communicate effectively with members and third parties.
- Develop knowledge of clients through daily work, collaboration, and referencing the scheme's administration guide and notes.
- Identify scheme-specific details that may not apply universally.
- Ensure compliance with LCP procedures in case handling.
- Stay updated on legislative changes affecting pensions.
- Understand concepts like preservation, statutory increases, contracting-out (including GMPs), and pensions tax regime.
- Draft non-standard correspondence as needed.
- Recognize non-standard cases, such as part-time members.
- Maintain awareness of GDPR and implement its principles consistently.
Assistant Pensions Administrator employer: Lane Clark & Peacock
Contact Detail:
Lane Clark & Peacock Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Pensions Administrator
✨Tip Number 1
Familiarise yourself with the key concepts mentioned in the job description, such as preservation and pensions tax regime. This will not only help you understand the role better but also demonstrate your knowledge during any discussions with us.
✨Tip Number 2
Stay updated on recent legislative changes affecting pensions. Being knowledgeable about current regulations shows your commitment to the field and can set you apart from other candidates.
✨Tip Number 3
Practice effective communication skills, as this role involves interacting with members and third parties. Consider role-playing scenarios or engaging in conversations to build your confidence in conveying complex information clearly.
✨Tip Number 4
Get comfortable with data protection principles, especially GDPR. Understanding how to handle sensitive information is crucial in this role, and being able to discuss this knowledge will impress us during the selection process.
We think you need these skills to ace Assistant Pensions Administrator
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Assistant Pensions Administrator. Familiarise yourself with key concepts mentioned in the job description, such as benefit calculations, compliance with procedures, and GDPR principles.
Tailor Your CV: Highlight relevant experience in pensions administration or similar roles in your CV. Emphasise skills like attention to detail, communication, and knowledge of pension regulations. Use specific examples to demonstrate your capabilities.
Craft a Strong Cover Letter: Write a cover letter that addresses why you are a good fit for the role. Mention your understanding of the pension landscape and your ability to follow procedures and guidelines. Show enthusiasm for the position and the company.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Lane Clark & Peacock
✨Know Your Pensions Basics
Make sure you brush up on key pension concepts like preservation, statutory increases, and the pensions tax regime. Being able to discuss these topics confidently will show your understanding of the role and its requirements.
✨Familiarise Yourself with Compliance
Understand the importance of GDPR and LCP procedures in case handling. Be prepared to discuss how you would ensure compliance in your daily tasks, as this is crucial for the role.
✨Demonstrate Effective Communication Skills
Since the role involves communicating with members and third parties, think of examples from your past experiences where you successfully communicated complex information clearly and effectively.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding non-standard cases like part-time members. Think through potential scenarios and how you would handle them, referencing relevant checklists and procedures.
