At a Glance
- Tasks: Administer pension schemes and support members with accurate benefit calculations.
- Company: Join a growing pensions operations team in Manchester.
- Benefits: Enjoy hybrid working, career development, and a competitive salary.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a real difference in people's financial futures while expanding your expertise.
- Qualifications: Experience in Defined Benefit pensions administration and strong analytical skills.
The predicted salary is between 24000 - 27000 £ per year.
We are seeking an experienced Pensions Administrator to join a growing pensions operations team, supporting the administration of defined benefit pension schemes and pensioner policies. This is an excellent opportunity for someone with a strong background in Defined Benefit (DB) pensions administration who is looking to broaden their experience within a specialist area of the pensions market.
The Role
You will be responsible for delivering a high quality administration service to pension scheme members, pensioners and trustees, ensuring benefits are administered accurately and in line with scheme rules, legislation and service standards. Key responsibilities include:
- Processing retirements, transfers and benefit calculations
- Calculating and administering death benefits
- Maintaining accurate member records and resolving queries
- Producing member correspondence and benefit quotations
- Supporting pension increases and benefit statement exercises
- Assisting with data validation, quality assurance and reporting activities
- Delivering excellent customer service to members, pensioners and trustees
- Supporting continuous improvement initiatives across the administration function
About You
Essential:
- Previous Defined Benefit (DB) pensions administration experience
- Strong understanding of pension legislation and administration processes
- Excellent numerical, analytical and problem-solving skills
- Strong communication and customer service abilities
- Experience using pensions administration systems
- Good knowledge of Microsoft Office, particularly Excel
Desirable:
- Experience working with pensioner payrolls
- Knowledge of Bulk Purchase Annuities (BPA) or Pension Risk Transfer arrangements
- Experience supporting operational change, data projects or scheme transitions
What's on Offer
- Hybrid and flexible working arrangements
- Supportive and collaborative team environment
- Exposure to complex pension administration and specialist pension products
- Career development opportunities within a growing business
- Competitive salary and benefits package
Pensions Administrator in Manchester employer: Oliver James
Join our dynamic team in Manchester as a Pensions Administrator, where we prioritise a supportive and collaborative work culture that fosters employee growth and development. With flexible working arrangements and exposure to complex pension administration, you will have the opportunity to enhance your skills while delivering exceptional service to our members and trustees. Our commitment to continuous improvement and career advancement makes us an excellent employer for those seeking meaningful and rewarding employment in the pensions sector.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Administrator in Manchester
✨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.
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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 Oliver James. 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 Pensions Administrator in Manchester
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 Oliver James.
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 Oliver James'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 Oliver James
✨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 Oliver James.
✨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 Oliver James 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 Oliver James 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.
