At a Glance
- Tasks: Join a dynamic team managing Defined Benefit pensions and enhance your technical expertise.
- Company: Award-winning consultancy focused on pensions and employee benefits.
- Benefits: Hybrid working, professional study support, and extensive wellbeing initiatives.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
- Why this job: Make a real impact while developing your career in a supportive environment.
- Qualifications: 3 years of UK DB pensions administration experience and A-level or equivalent education.
The predicted salary is between 35000 - 45000 £ 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
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.
Pensions Administrator – Defined Benefit Specialist (Hybrid) employer: Lane Clark & Peacock
LCP is an award-winning consultancy that prioritises employee development and well-being, offering a hybrid working model and a structured career path for Pensions Administrators. With a strong focus on collaboration and inclusivity, employees benefit from comprehensive training, generous leave policies, and a range of health and wellness initiatives, making it an exceptional place to grow your career in pensions administration.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Administrator – Defined Benefit Specialist (Hybrid)
✨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 that you’re not just a numbers whiz, but also someone who can communicate effectively with clients.
✨Tip Number 3
Showcase your organisational skills during interviews. Bring examples of how you've managed fluctuating workloads or tackled complex projects. This will demonstrate that you’re ready to take on 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 – Defined Benefit Specialist (Hybrid)
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 skills that match the job description. We want to see how you can bring value to our team!
Showcase Your Skills:In your cover letter, showcase your organisational skills and attention to detail. Mention specific examples of how you've handled complex cases or calculations in the past. This will help us see your potential!
Be Yourself:Let your personality shine through in your application. We’re a fun and collaborative team, so don’t be afraid to show us who you are and why you’d fit in well with our culture.
Apply Through Our Website:We encourage you to apply directly 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. Understand the key processes, especially around complex cases like divorce and tax issues. Being able to discuss these topics confidently will show that you're not just familiar with the basics but are ready to tackle the complexities of the role.
✨Showcase Your Organisational Skills
Since this role requires excellent organisational skills, prepare examples from your past experience where you've successfully managed multiple tasks or projects. Highlight how you prioritised your workload and maintained attention to detail, as this will resonate well with the interviewers.
✨Demonstrate Team Spirit
This position involves working as part of a team, so be ready to share experiences where you've collaborated effectively with others. Discuss how you’ve mentored junior colleagues or contributed to team initiatives, as this will illustrate your ability to work well in a collaborative environment.
✨Stay Updated on Legislation Changes
Familiarise yourself with recent changes in pensions legislation and how they might affect clients. Bring this knowledge into the conversation during your interview to demonstrate your proactive approach and commitment to staying informed in the field.
