At a Glance
- Tasks: Administer pension schemes and support members with complex pension matters.
- Company: Join a city-based client known for exceptional service and collaboration.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for career growth and continuous improvement initiatives.
- Why this job: Make a real difference in people's lives by managing their pensions effectively.
- Qualifications: Experience in pensions administration and strong knowledge of UK pension legislation.
The predicted salary is between 31500 - 38500 £ per year.
We are looking for an experienced and detail-oriented
Pensions Specialist to join our City-Based client on a permanent basis.
This is an excellent opportunity for someone with strong pensions knowledge who enjoys delivering exceptional service, ensuring regulatory compliance, and supporting members and stakeholders with complex pension matters.
Working as part of a collaborative team, you will play a key role in the administration and management of pension schemes, providing technical expertise and helping to maintain high standards of accuracy and customer service.
Key Responsibilities
- Administer pension schemes in line with legislation, scheme rules, and internal procedures.
- Process member events including retirements, transfers, deaths, refunds, and benefit calculations.
- Respond to member, employer, and trustee enquiries in a professional and timely manner.
- Ensure pension records are accurate and maintained to a high standard.
- Interpret pension legislation and provide technical guidance where required.
- Support regulatory reporting and compliance activities.
- Identify opportunities to improve processes and contribute to continuous improvement initiatives.
- Work closely with internal teams, payroll providers, and external stakeholders to ensure efficient service delivery.
- Assist with pension projects, audits, and scheme changes as required.
About You
The successful candidate will have
- Previous experience working in pensions administration or pension operations.
- Strong knowledge of UK pension legislation and industry best practice.
- Excellent analytical and problem-solving skills.
- High levels of accuracy and attention to detail.
- Strong communication and interpersonal skills.
- The ability to manage multiple priorities and meet deadlines.
- Proficiency in Microsoft Office, particularly Excel.
- Experience using pensions administration systems is desirable.
Desirable Qualifications
- Professional pensions qualification (such as PMI or equivalent), or a willingness to study towards one.
- Experience with defined benefit (DB) and/or defined contribution (DC) pension schemes.
- Knowledge of pension payroll processes would be advantageous.
Pensions & Benefits Specialist in London employer: Oakleaf Partnership
Join a prestigious five-star luxury hospitality group in Knightsbridge, London, where you will thrive in a dynamic and inclusive work culture that prioritises employee engagement and development. As a People and Talent Specialist, you will have the opportunity to manage the full recruitment lifecycle while contributing to innovative talent initiatives, all within a supportive environment that values passion, personality, and creativity. With competitive daily rates and the flexibility of working from home on Fridays, this role offers a unique chance to grow your career in a high-profile organisation committed to excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions & Benefits Specialist in London
✨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 Oakleaf Partnership. 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 Oakleaf Partnership.
✨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 Oakleaf Partnership. 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 Pensions & Benefits Specialist in London
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 Oakleaf Partnership 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 Oakleaf Partnership how you can be a team player!
How to prepare for a job interview at Oakleaf Partnership
✨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 Oakleaf Partnership.
✨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 Oakleaf Partnership'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!
