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- Tasks: Join a dynamic team managing pensions and providing top-notch client service.
- Company: Award-winning consultancy focused on pensions and employee benefits.
- Benefits: Enjoy hybrid working, professional development, and a comprehensive wellbeing package.
- Why this job: Make a real impact in the pensions sector while growing your career.
- Qualifications: 3 years of UK DB pensions administration experience and strong organisational skills.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
The predicted salary is between 30000 - 40000 £ 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 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 and to use own initiative
- Able to maintain a high standard of professionalism at all times with the ability to demonstrate good organisational, analytical and communication skills
- Flexibility of hours worked/duties undertaken and keen to learn
Benefits
Take a look at our Glassdoor and Career stories pages to see why our people love being here! 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. Currently our core benefits package includes:
- 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, Eye care vouchers, Cycle to work scheme, Digital GP services
- For your wealth: Competitive pension scheme, Discretionary bonus scheme, High street discounts, Season ticket loans
- For others: Volunteering opportunities
- For the environment: Electric vehicle salary sacrifice scheme (qualifying period applies)
And much more! 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. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address to discuss how we can support you with your application.
Pensions Administrator employer: Lane Clark & Peacock
Contact Detail:
Lane Clark & Peacock Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Administrator
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss complex cases and calculations confidently. We want to see you shine, so practice explaining your thought process clearly!
✨Tip Number 3
Show off your organisational skills during interviews. Bring examples of how you've managed workloads or improved processes in previous roles. This will demonstrate your ability to handle the responsibilities of a Pensions Administrator.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our awesome team at LCP.
We think you need these skills to ace Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pensions Administrator role. Highlight your DB experience and any relevant qualifications. We want to see how your skills match what we're looking for!
Showcase Your Attention to Detail: Since this role requires a keen eye for detail, include examples in your application that demonstrate your organisational skills and thoroughness. We love candidates who can spot the little things!
Be Clear and Concise: When writing your cover letter, keep it clear and to the point. We appreciate straightforward communication, so make sure you express your enthusiasm for the role without rambling on.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Lane Clark & Peacock
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit pensions and the latest legislation. Familiarise yourself with complex cases like divorce settlements and tax issues, as these are likely to come up in your interview. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Organisational Skills
As a Pensions Administrator, being organised is key. Prepare examples from your past experience where you've successfully managed multiple tasks or projects. This will demonstrate your ability to handle fluctuating workloads and maintain attention to detail, which is crucial for this position.
✨Be Ready to Discuss Teamwork
Since you'll be working as part of a team, think of specific instances where you've collaborated effectively with others. Highlight how you contributed to team goals and supported your colleagues, especially in mentoring roles. This will illustrate your ability to work well within a team dynamic.
✨Ask Insightful Questions
Prepare thoughtful questions about the company culture, training opportunities, and departmental initiatives. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your career goals. Plus, it demonstrates your proactive approach to your professional development.