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- Tasks: Manage pensions administration for clients, mentor junior staff, and ensure compliance with regulations.
- Company: Join a leading UK Financial Services Group focused on pension and investment consultancy.
- Benefits: Enjoy flexible/hybrid working, excellent benefits, and strong training and development programmes.
- Why this job: Be part of an award-winning team in a supportive culture with great career progression opportunities.
- Qualifications: Previous experience in DB Pensions Administration is essential.
- Other info: Exciting time to join as the company is rapidly expanding.
The predicted salary is between 30000 - 45000 £ per year.
A leading UK Financial Services Group who provides Pension & Investment Consultancy services to many of the UK’s largest Companies are looking to recruit into their expanding and continually developing Pension Administration Team. The team you would be joining offer award winning technical Defined Benefit Administration Services and have created a friendly supportive office culture where everyone has an opportunity to contribute and feel part of a very successful team.
The wider company also places employees at the heart of the company’s future success and have worked hard to ensure they can offer strong training & development programmes, qualification sponsorship, flexible working and many other benefits and initiatives designed to create an excellent working environment, career progression opportunities for all and a good work / life balance. They are also expanding at a rapid rate, meaning it’s an exciting time to join a positively thinking organisation, opening up good future career opportunities.
Specifics of the role include:
- Provide technical Pensions Administration services to a portfolio of clients, calculate, and make payments of scheme benefits.
- Training new members of staff and helping more junior members of the team. Help mentor and develop their knowledge and understanding.
- Check and authorise other team member’s work.
- Under the application of benefit structures, trust deed & rules and pensions legislation.
- Provide support to the Administration Manager, helping the department meet deadlines.
- Undertake project management work.
- Handling queries from HMRC and DWP.
- Liaise confidently with clients, scheme actuaries and other third parties.
- Ensure compliance checking is maintained and the team works to legislative requirements.
- Answer technical queries from members by phone, e-mail and letter.
This is an excellent opportunity for individuals with previous DB Pensions Administration experience who are looking to move to a company who will invest in your development and help you expand both your technical knowledge and supervisory skills.
For more information, please contact Richard Garbett.
Contact Detail:
Oval Recruit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator - DB Schemes
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in Defined Benefit (DB) pensions. This will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the pensions administration sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss your experience in training and mentoring junior staff. Highlight specific examples where you've successfully developed others' skills, as this aligns well with the role's requirements for team support and development.
✨Tip Number 4
Research the company culture and values of the organisation you're applying to. Be ready to articulate how your personal values align with theirs, especially regarding teamwork and professional development, which are key aspects of their work environment.
We think you need these skills to ace Senior Pensions Administrator - DB Schemes
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Defined Benefit (DB) Pensions Administration. Include specific examples of your technical skills, client interactions, and any supervisory roles you've held.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pensions administration and your understanding of the role. Mention how your previous experience aligns with the responsibilities outlined in the job description.
Highlight Relevant Qualifications: If you have any qualifications related to pensions or financial services, be sure to mention them. This could include certifications or training that demonstrate your commitment to professional development.
Showcase Soft Skills: In addition to technical skills, highlight your soft skills such as communication, teamwork, and mentoring abilities. These are crucial for the role, especially when training new staff and liaising with clients.
How to prepare for a job interview at Oval Recruit
✨Showcase Your Technical Knowledge
As a Senior Pensions Administrator, you'll need to demonstrate your understanding of Defined Benefit schemes. Be prepared to discuss specific legislation, benefit structures, and your experience with technical queries. This will show that you are well-versed in the complexities of pensions administration.
✨Highlight Your Mentoring Experience
Since the role involves training and mentoring junior staff, share examples of how you've successfully guided others in previous positions. Discuss any training programmes you've developed or participated in, as this will illustrate your leadership skills and commitment to team development.
✨Prepare for Compliance Questions
Expect questions related to compliance and regulatory requirements in pensions administration. Brush up on relevant legislation and be ready to explain how you've ensured compliance in your past roles. This will demonstrate your attention to detail and understanding of the importance of adhering to regulations.
✨Demonstrate Strong Communication Skills
The role requires liaising with clients and third parties, so it's crucial to showcase your communication abilities. Prepare to discuss how you've effectively handled queries and built relationships in previous roles. This will highlight your interpersonal skills and ability to work collaboratively.
