At a Glance
- Tasks: Lead the administration of pensions, ensuring accuracy and operational excellence.
- Company: Join a leading pension administration company with a friendly culture.
- Benefits: Competitive salary, generous holiday, health plans, and professional development opportunities.
- Other info: Hybrid working options and excellent career growth potential.
- Why this job: Make a real impact in pensions while enhancing your skills in a supportive environment.
- Qualifications: 5+ years in pensions administration with strong technical knowledge.
The predicted salary is between 28500 - 38500 £ per year.
Hybrid working with 2 days in Preston, Lancashire or remote if you qualify. Fully home working contracts for candidates living 50+ miles from our offices in Preston. Salary circa £33,000 – £43,000 per annum, DOE. 37 hours per week.
A glance at the role:
We are currently seeking a Principal Pensions Administrator to join our Member Services department on a full-time, permanent basis. As a Principal Pensions Administrator, you will provide technical pensions support across LGPS/Police & Fire to the Operations Manager, while applying your experience to administration processes. You will support in ensuring client SLAs are delivered through focusing on operational excellence, high levels of accuracy and delivering an excellent member experience.
Playing a key part in the development of administration staff within the teams, you will also lead on supporting any project work or audit activity. Ensuring that complex cases are completed accurately and with minimal issues arising by confirming that all pension calculations are correct. Supporting the improvement of our service, you will share your technical and process knowledge with the team and maximise the use of new technologies to improve the accuracy of pensions calculations. Additionally, you will proactively identify opportunities to minimise data breaches, errors and overall complaints.
You will join a friendly, welcoming and sociable work culture where there are many opportunities for continuous personal and professional development, where you will be supported to reach your full potential.
A bit about us:
Local Pensions Partnership Administration (LPPA) is one of the UK's leading pension administration companies. We strive to deliver the best experience for over 2,100 employers and more than 700,000 members of Local Government, Police and Firefighter pension schemes, keeping them fully informed about their pensions whilst working closely with employers to continuously educate and support them.
What we can offer you:
- £33,000 – £43,000 per annum, dependent on experience
- 25 days' holiday, plus bank holidays and 2 additional concessionary days and a half day for your birthday, with the ability to 'buy and sell' leave
- Access to an excellent pension scheme (Local Government Pension Scheme) with generous employer contributions
- Access to health or dental plan
- Access to our Enhanced Employee Assistance Programme for when you might need some support
- The opportunity to earn through our Employee Referral Scheme
- Access to our bespoke Reward Discount Scheme – 'Your Perk Site'
- Opportunities to attend Wellbeing webinars and social events
- Daily free fruit and snacks are available to you in our office
- Free car parking in Preston City Centre
What you will be doing:
- Support the Pensions Operation Manager to improve service quality and business efficiency
- Deliver an ongoing improvement in quality through technical pensions support to the team, and ensure technical and process knowledge is shared across the team members
- Process or check complex cases where required, ensuring the accuracy of pension calculations produced and the general quality of work is to a high standard, with minimal issues arising through quality and checking processes
- Proactively identify and embed ways to reduce the number of complaints, data breaches and errors
- Provide ad-hoc support for business projects and audits
- Continually review and challenge processes to maximise use of new technology (including UPM) and automation of processes to improve efficiency and accuracy of calculations
- Support with staff development where required
- Deputise for the Team Leader / Operations Managers in their absence
- Act as a role model for other staff
- Comply with LPPA's Data Protection and Information Security policies and any relevant GDPR legislation
What we need from you:
To be considered as a Principal Pensions Administrator, you will need:
- Extensive experience in administering Local Government Pensions Schemes or Fire & Police schemes, ideally with at least 5 years' experience
- In-depth technical LGPS or Police & Fire pensions knowledge
- Problem-solving skills
- Highly accurate working standards
- Highly efficient working methodologies
- To be a consistent high performer
Desirable:
- Good knowledge of the UPM system
- Pensions Qualifications (PMI or equivalent)
- Training experience
Principal Pensions Administrator LGPS in Preston employer: LPPA Pensions
At Local Pensions Partnership Administration (LPPA), we pride ourselves on being an exceptional employer, offering a supportive and friendly work culture that fosters continuous personal and professional development. With hybrid working options, competitive salaries, and a comprehensive benefits package including generous holiday allowances and health plans, we empower our employees to thrive while making a meaningful impact in the pensions sector. Join us in Preston, where you can enjoy a vibrant city atmosphere alongside daily perks like free snacks and social events, all while contributing to the well-being of over 700,000 members.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Pensions Administrator LGPS in Preston
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LPPA Pensions. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Principal Pensions Administrator LGPS in Preston
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LPPA Pensions.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LPPA Pensions's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LPPA Pensions
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LPPA Pensions.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LPPA Pensions will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LPPA Pensions employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
