At a Glance
- Tasks: Administer DB and DC pension schemes, ensuring compliance and accuracy.
- Company: Established pensions team in Central London with a professional environment.
- Benefits: Hybrid working model, flexibility, and supportive team culture.
- Other info: Immediate start available with opportunities for career growth.
- Why this job: Join a dynamic team and make a real difference in pension administration.
- Qualifications: Strong knowledge of DB and DC schemes, excellent numeracy and communication skills.
The predicted salary is between 31500 - 38500 £ per year.
My client is looking for an experienced Pensions Administrator with strong Defined Benefit (DB) and Defined Contribution (DC) experience to join a busy and well-established pensions team based in Central London. This is a hybrid role offering flexibility alongside the opportunity to work within a highly professional environment delivering high-quality pension administration services.
Key Responsibilities:
- Day-to-day administration of DB and DC pension schemes (active, deferred and pensioner members)
- Processing transfers in/out (DC), retirements (normal, early, late, ill-health)
- Handling deaths in service/retirement and associated calculations
- Managing pensioner payroll updates including bank changes and address updates
- Processing AVCs, refunds, opt-outs and new joiners
- Preparing retirement quotations and member benefit statements
- Handling member queries via telephone, email and written correspondence
- Supporting pension increase exercises and scheme events
- Ensuring compliance with current pensions legislation and HMRC requirements
- Maintaining accurate member records and performing data quality checks
Requirements:
- Strong DB and DC scheme knowledge
- Up-to-date knowledge of pensions legislation and HMRC guidance
- Excellent numeracy and communication skills
- Ability to manage workload independently and meet deadlines
- Strong attention to detail and data accuracy
This is an excellent opportunity for an experienced pensions professional looking for an immediate start within a supportive and structured team environment.
Pension Administrator employer: Love Success
At Love Success, we pride ourselves on being an exceptional employer that fosters a collaborative and dynamic work culture in the heart of Greater London. Our commitment to employee growth is evident through tailored development opportunities and a supportive environment that encourages innovation and teamwork. Join us to not only advance your career but also to be part of a vibrant team dedicated to excellence in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Pension 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!
✨Tip Number 2: Attend Finance Events and Conferences
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 Love Success. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
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 Love Success.
✨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 Love Success. 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 Pension Administrator
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 Love Success 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 Love Success how you can be a team player!
How to prepare for a job interview at Love Success
✨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 Love Success.
✨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 Love Success'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!
