At a Glance
- Tasks: Assist in pensions administration, calculations, client communication, and database upkeep.
- Company: Join LCP, a forward-thinking company with a focus on inclusivity and diversity.
- Benefits: Enjoy hybrid working, professional study support, and generous annual leave.
- Other info: Be part of a supportive team with access to wellbeing and diversity networks.
- Why this job: Kickstart your career in pensions with hands-on experience and growth opportunities.
- Qualifications: A-levels or degree preferred; office experience is a plus but not essential.
The predicted salary is between 25000 - 32000 £ per year.
As a Trainee Pensions Administrator at LCP you will assist the pensions administration team with calculation, client communication, database upkeep and reporting. With experience you will take on greater responsibility and ownership of client work.
Responsibilities
- Produce calculations of member benefits using pro forma or automated routine.
- Prepare explanatory standard letters to members, clients and advisers.
- Maintain client database and website (when appropriate) and update member records accurately.
- Input information into data files for bulk updates or reports, and conduct simple verification to ensure accuracy.
- Assist in keeping records organised.
- Prepare letters and respond to general enquiries using standard templates or non‑standard responses.
- Communicate with scheme members and clients, handling telephone enquiries on a day‑to‑day basis.
Qualifications
- Education at A‑level, degree or equivalent.
- Previous office experience desirable; pensions experience not essential.
- Willingness to study for professional exams.
- Excellent organisational and attention‑to‑detail skills.
- Excellent communication skills.
- Ability to work independently and as a team player, manage multiple tasks and fluctuating workloads.
- High standard of professionalism and flexibility of hours worked.
- Inquisitive mind and keenness to learn.
Benefits
- Hybrid working (varies by role and department).
- Professional study support where applicable.
- Access to internal Wellbeing, LGBTQ+, Multicultural and Women’s networks.
- Life assurance, income protection and enhanced maternity, paternity, adoption and shared parental leave.
- 26 days annual leave (pro‑rata for part‑time) plus bank holidays; flexible holiday options.
- Private medical insurance, discounted gym memberships, critical illness and dental insurance.
- Eye care vouchers, cycle to work scheme, digital GP services.
- Competitive pension scheme, discretionary bonus scheme, high street discounts, season ticket loans.
- Volunteering opportunities and electric vehicle salary sacrifice scheme.
Equal Opportunity Statement
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 welcomes applicants with reasonable adjustments. Please contact us for any support needed during the application process.
Trainee Pensions Administrator employer: Lane Clark & Peacock
LCP is an exceptional employer for a Trainee Pensions Administrator, offering a supportive work culture that prioritises professional development and inclusivity. With benefits such as hybrid working, comprehensive study support, and access to various employee networks, LCP fosters an environment where you can thrive both personally and professionally while enjoying a healthy work-life balance in a dynamic team setting.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Pensions Administrator
✨Tap into University Career Services
If you're a student or recent grad eyeing a trainee role in banking or financial services, your university career services are your secret weapon. They often have connections with firms, and can guide you to exclusive openings that aren't advertised widely, so make sure to get in touch!
✨Get Involved in Finance Societies
Joining finance-related societies or clubs at your university can seriously up your game. They often host networking events, guest speaker sessions, and workshops that can connect you directly with industry professionals and potential employers.
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Try working on finance-related projects or internships, even if they're unpaid. It shows your commitment and gives you something to discuss in interviews. Plus, if you've got a blog or a portfolio detailing your findings on market trends, that can really impress recruiters!
✨Use Our Website to Find Opportunities
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We think you need these skills to ace Trainee Pensions Administrator
Some tips for your application 🫡
Show your numbers!:In banking and financial services, we love a bit of quantification. Be sure to highlight any relevant coursework, grades, or projects that showcase your analytical skills. If you've tackled math-heavy subjects or have experience with financial modelling, let that shine on your CV!
Tailor your application to finance:Don't just copy and paste a generic cover letter; weave in your passion for finance and share any relevant experiences or internships, no matter how small. Writing about your motivations and learning potential in relation to the role will help us see you fit in at Lane Clark & Peacock.
Certifications can set you apart:If you've got any finance-related certifications (think CFA Level 1, ACCA, or even online courses), make sure to include them! They show initiative and a commitment to your career in banking, which we really appreciate.
Proofread with a fine-tooth comb:In finance, attention to detail is crucial! Spam your application with typos or poor formatting, and we may flag you as 'not detail-oriented'. So, let’s double-check everything. A clear structure in your CV and cover letter will also help your application stand out. Remember, apply through our website!
How to prepare for a job interview at Lane Clark & Peacock
✨Brush Up on Your Financial Knowledge
Make sure you’re comfortable with financial concepts and terminology. The interview may dive into areas like risk assessment or investment strategies, so revisiting some core principles and current trends in the banking sector will really help us stand out at Lane Clark & Peacock.
✨Prepare for Case Studies
Expect to encounter case studies or hypothetical financial scenarios where you’ll need to demonstrate your analytical skills. Practising with examples can help us articulate our thought process clearly and show how we approach problem-solving specific to the banking and financial services sector.
✨Highlight Your Learning Agility
As a trainee, they’re looking for potential over experience. We should emphasise our willingness to learn and adapt. Be ready to discuss how we’ve taken on challenges in the past, showcasing our growth mindset and eagerness to dive into the banking world with both feet.
✨Showcase Your Interest in the Industry
Let your passion for banking shine through! Discuss any relevant coursework, internships, or even personal finance projects you’ve explored. This not only demonstrates our knowledge but also our genuine enthusiasm for a career in banking at Lane Clark & Peacock.
