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For Companies At a Glance
- Tasks: Join a dynamic team to manage pension administration tasks and ensure client satisfaction.
- Company: Be part of a leading pensions software provider in the Financial Services sector.
- Benefits: Enjoy hybrid/remote work options and opportunities for professional growth.
- Why this job: Great chance to develop skills in a supportive environment while making a real impact.
- Qualifications: No prior pensions experience needed; strong admin skills and a willingness to learn are key.
- Other info: Full-time training at Portsmouth HQ required for those without pensions experience.
The predicted salary is between 36000 - 60000 £ per year.
Introduction
On behalf of our client, we are recruiting for experienced Pension Administrators to join their expanding Administration team. This presents an excellent opportunity within a growing department that prides itself on delivering exceptional service to their outsourced clients.
Our client is a leading provider of innovative technology solutions within the financial services sector. Their modern offices offer excellent facilities and amenities, creating an ideal working environment.
Job Requirements
The successful candidate will be responsible for administering the complete lifecycle of SIPP pensions, offering diverse and challenging responsibilities in a dynamic environment. The role requires individuals who can learn quickly and work efficiently, sometimes under pressure.
Key responsibilities include:
- Establishing new accounts and providing welcome information
- Processing cash and in-specie transfers (in and out)
- Managing contribution processing
- Administering member drawdown benefits (income and PCLS payments)
- Operating pension payroll systems
- Completing annual and monthly reporting requirements
- Performing regular banking procedures
The ideal candidate will also:
- Contribute to improving existing procedures and software
- Provide valuable feedback on daily processes
- Develop strong client relationships
- Support additional projects as required
Skills, Abilities, and Personal Qualities
- Exceptional attention to detail
- Strong team collaboration skills and knowledge sharing
- Commitment to professional development
- Excellent written and verbal communication
- Superior listening skills with ability to follow instructions
- Composed and positive attitude under pressure
- Strong organizational and prioritization abilities
- Proficient IT skills
- Pension knowledge and qualifications advantageous
Benefits Our client offers an attractive benefits package including:
- Support for financial services qualifications after probation
- Clear career progression opportunities
- Comprehensive flexible benefits package
- Cycle to work scheme
- Private healthcare coverage
- Retail and wellness discount program
- Generous employer pension contributions up to 10%
Locations
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
Familiarize yourself with SIPP (Self-Invested Personal Pension) regulations and processes. Understanding the specifics of pension administration will give you a significant edge during interviews.
✨Tip Number 2
Highlight any experience you have in regulated industries, such as financial services or healthcare. This will demonstrate your ability to work within structured environments, which is crucial for this role.
✨Tip Number 3
Showcase your customer service skills by preparing examples of how you've successfully managed client relationships in previous roles. This is key for building trust with clients in the pensions sector.
✨Tip Number 4
Be ready to discuss your problem-solving abilities. Prepare scenarios where you've effectively handled challenges, as this role requires a calm and logical approach under pressure.
We think you need these skills to ace Pension Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure to customize your CV to highlight relevant experience, especially if you have SIPP experience or have worked in regulated industries like financial services or NHS. Emphasize your administrative skills and any experience with pension-related tasks.
Craft a Strong Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as your ability to work under pressure, attention to detail, and customer service skills.
Highlight Relevant Skills: In your application, clearly outline your skills that match the job requirements. Focus on your communication abilities, problem-solving skills, and proficiency in IT, as these are crucial for the role of a Pension Administrator.
Show Willingness to Learn: Since the company is open to candidates without prior pensions experience, express your eagerness to learn and adapt. Mention any relevant training or qualifications you are pursuing or plan to pursue in the field of pensions.
How to prepare for a job interview at Morris Sinclair Recruitment
✨Show Your SIPP Knowledge
If you have experience with Self-Invested Personal Pensions (SIPP), make sure to highlight it during the interview. Discuss specific scenarios where you've successfully managed pension administration tasks, as this will demonstrate your expertise and suitability for the role.
✨Emphasize Your Attention to Detail
Given the nature of pension administration, attention to detail is crucial. Prepare examples from your past work where your meticulousness led to successful outcomes, especially in regulated environments like financial services or healthcare.
✨Demonstrate Your Problem-Solving Skills
Be ready to discuss how you've approached challenges in previous roles. Share specific instances where you identified a problem, analyzed the situation, and implemented a solution, showcasing your logical thinking and ability to work under pressure.
✨Highlight Your Teamwork and Communication Skills
Since you'll be working closely with a small team, it's important to convey your ability to collaborate effectively. Provide examples of how you've contributed to team success in the past and how you communicate with colleagues and clients to ensure smooth operations.
