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- Tasks: Join a dynamic team to manage pension administration tasks and client relationships.
- Company: A leading pensions software provider in the Financial Services sector, known for its growth and innovation.
- Benefits: Enjoy hybrid working with 2 days from home and opportunities for professional development.
- Why this job: Be part of a rapidly growing team that values collaboration and excellent client service.
- Qualifications: Experience in financial services is essential; SIPP experience is a plus but not mandatory.
- Other info: Initial training at the Portsmouth HQ is required for those without pensions experience.
The predicted salary is between 28800 - 43200 £ per year.
HYBRID WORKING - 2 DAYS WORKING FROM HOME. Great new opportunity for Pensions Administrators ideally with SIPP experience, but financial services admin experience as a minimum, offering opportunities to work on a hybrid basis for those with relevant experience for a leading pensions software & services provider to the Financial Services sector. Strong general administrators used to working in the financial services sector without prior pensions experience will also be considered but need to be in the Portsmouth HQ full-time for extended training initially. Due to rapid growth additional Pensions Administrators are required to join an expanding team to help service outsourced clients to the highest standards.
In this role you will work alongside other members of the outsourcing team to deliver an excellent outcome to clients, their advisers and end investors.
The Role:
- Working in a busy and varied role the successful candidate will be joining a growing team and assisting with the daily administration processes.
- As part of the role, you will carry out and validate the following activities for pension administration services:
- Adhering to best practice procedures in all aspects of pensions administration related tasks as defined by the Company
- Pension establishment, setting up member records and issuing welcome information
- Contribution processing
- Processing and calculating pension benefits
- Payment of benefits using payroll systems and monitoring ongoing pension benefit cases
- Bank reconciliation and payment processing
- Death benefit calculations
- Transfers in and out both as cash and in specie
- Annual Statements
- Participating in annual projects such as tax code uplifts, regulatory reporting, residency tax status updates
- Taking responsibility for ad-hoc projects and exercises.
- Monitoring ongoing procedural developments and implementing changes to procedures where required.
- Developing a relationship with the client and an understanding of their working practices.
Skills, abilities, and personal qualities:
- Calm and positive under pressure and happy to take the lead in challenging times
- Sharing knowledge with colleagues
- Self-motivated approach to professional and personal development
- Willingness to learn
- Enthusiastic, positive, and flexible approach to work
- Excellent customer service skills
- Able to organise workloads, prioritise and meet deadlines
- Strong communication skills, both written and verbal
- Proficient IT skills
- Strong team player with excellent attention to detail
- Able to work alone as well as within a team
- Able to think logically and hold good problem-solving skills
- An active listener and able to follow through on the instructions given
- Pension qualifications are advantageous
Pension Administrator employer: Morris Sinclair Recruitment
Contact Detail:
Morris Sinclair Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Administrator
✨Tip Number 1
Familiarise yourself with the key responsibilities of a Pension Administrator, especially if you have SIPP experience. Understanding the specific tasks like contribution processing and benefit calculations will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those who work in pensions. Engaging with industry groups or forums can provide insights and potentially lead to referrals for the position.
✨Tip Number 3
Showcase your customer service skills by preparing examples of how you've successfully managed client relationships in previous roles. This is crucial as the role involves developing relationships with clients and understanding their needs.
✨Tip Number 4
Be ready to discuss your problem-solving abilities. Think of scenarios where you've had to think logically under pressure, as this will resonate well with the team-oriented and fast-paced environment described in the job listing.
We think you need these skills to ace Pension Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights any relevant experience in financial services and pensions administration. If you have SIPP experience, emphasise it. Use keywords from the job description to align your skills with what the company is looking for.
Craft a Strong Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to handle the responsibilities listed in the job description, such as processing pension benefits or managing client relationships.
Showcase Relevant Skills: In your application, highlight skills that are particularly relevant to the role, such as attention to detail, problem-solving abilities, and customer service skills. Provide examples of how you've used these skills in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the financial services sector.
How to prepare for a job interview at Morris Sinclair Recruitment
✨Showcase Your Financial Services Experience
Make sure to highlight any relevant experience you have in financial services, even if it's not specifically in pensions. Discuss how your skills can transfer to the role of a Pension Administrator and demonstrate your understanding of the industry.
✨Prepare for Technical Questions
Expect questions related to pension administration processes, such as contribution processing and benefit calculations. Brush up on these topics beforehand so you can confidently discuss your knowledge and any relevant experiences.
✨Demonstrate Your Problem-Solving Skills
Be ready to provide examples of how you've tackled challenges in previous roles. This will show your potential employer that you can remain calm under pressure and think logically when faced with difficult situations.
✨Emphasise Teamwork and Communication
Since this role involves working closely with others, be sure to discuss your ability to collaborate effectively. Share examples of how you've communicated with team members or clients to achieve successful outcomes.
