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- Tasks: Lead a team in bespoke SIPP and SSAS administration while providing technical support.
- Company: Join a leading financial services group known for innovation and quality.
- Benefits: Enjoy private medical insurance, competitive pension, and flexible working options.
- Other info: Hybrid role with 25 days holiday and various employee perks.
- Why this job: Make a real impact in a dynamic environment with excellent career growth.
- Qualifications: Extensive SIPP/SSAS experience and previous leadership skills required.
The predicted salary is between 50000 - 65000 £ per year.
Our client runs a successful and innovative group of financial services companies offering a unique combination of services for pension schemes, employers, private clients, Lloyd's insurers and institutions. They aim to maintain a high-quality administration service both in the Pension Accumulation and Decumulation phases, delivering exceptional service and support to a vast array of clients.
They are now looking to bring in a Section Head to process all aspects of bespoke SIPP and SSAS administration, in a professional and team orientated manner. You will act as technical support to the team, SIPP and SSAS clients and financial advisers along with having line management responsibilities of a team of administrators of varying grades and levels of experience. This role will also support the CEO with the development of client centric processes and procedures which drive efficiency and consistent high standards of service.
Responsibilities:- Line management responsibilities to a team of administrators, including providing technical support and guidance, perform appraisals and one to ones.
- Provide individual and team technical and administration training.
- Assisting the team in providing quality and efficient service to all clients when processing new business and ongoing servicing to deliver fair outcomes.
- Inputting client data when setting up new plans or schemes and maintaining the data throughout the lifetime of the lifecycle.
- Setting up of designated bank accounts with Bank of Scotland via the iSite platform.
- Accurate and timely crystallising of pension benefits and making pension commencement lump sum and/or income payments.
- Recognising the various transitional protections that can apply to a plan and ensuring that the correct Lifetime Allowance is applied when benefits are crystallised.
- Reporting and arranging settlement of Lifetime Allowance charges via HMRC's online services.
- Creating contributions and issuing Contribution Payment Certificates.
- Processing paperwork in relation to transfers in from both defined benefit and money purchase schemes and cash and in-specie transfers out, ensuring appropriate checks are made of the receiving scheme before assets or cash funds are released.
- Creating payments using the Bank of Scotland's iSite and Corporate Online systems.
- A highly technical individual, with extensive administration experience within the SIPP and/or SSAS industry.
- Previous line management/leadership experience.
- Experience of having worked within an independent trustee environment an advantage.
- Full Microsoft suite experience.
- Familiarisation of Delta's Platinum and Report~Pro, Bank of Scotland's iSite and Corporate Banking, Online platform/banking systems, SharePoint and volume by Watermark Technologies would be beneficial.
You'll have the opportunity to work for a leading brand who possess an enviable reputation within their field. Benefits include Private Medical Insurance, Competitive Company Pension Scheme, Life Assurance Scheme, Group Income Protection, Private Dental Insurance and various in-house schemes such as cycle to work, electrical vehicle salary sacrifice and gym membership. The role comes with 25 days holiday as standard with the option to purchase more. The SIPP SSAS position is a full-time hybrid-based role including 3 days at our clients Edinburgh Office, and 2 days working from home.
SIPP & SSAS Section Head employer: Resourcing Group
Contact Detail:
Resourcing Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SIPP & SSAS Section Head
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who know about SIPP and SSAS. A friendly chat can lead to insider info on job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss SIPP and SSAS intricacies confidently. We recommend practising common interview questions with a mate to get comfortable.
✨Tip Number 3
Showcase your leadership skills! If you've got line management experience, be ready to share examples of how you've supported and developed your team. This is key for the Section Head role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace SIPP & SSAS Section Head
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the SIPP & SSAS Section Head role. Highlight your relevant experience in pension administration and any leadership roles you've held. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Share specific examples of your technical expertise and how you've successfully managed teams in the past. We love a good story!
Showcase Your Technical Skills: Since this role requires extensive knowledge of SIPP and SSAS, make sure to showcase your technical skills clearly. Mention any relevant software you’ve used, like Delta's Platinum or Bank of Scotland's iSite. We want to know you can hit the ground running!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this fantastic opportunity. We can't wait to see what you bring to the table!
How to prepare for a job interview at Resourcing Group
✨Know Your Stuff
Make sure you brush up on your technical knowledge related to SIPP and SSAS administration. Familiarise yourself with the specific processes and regulations that govern these areas, as well as any relevant software like Delta's Platinum or Bank of Scotland's iSite. This will not only help you answer questions confidently but also demonstrate your expertise.
✨Showcase Your Leadership Skills
Since this role involves line management responsibilities, be prepared to discuss your previous leadership experiences. Think of examples where you've successfully managed a team, provided training, or resolved conflicts. Highlighting your ability to guide and support others will show that you're ready for this position.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess how you would handle specific situations in the role. For instance, think about how you would approach a complex client query or manage a team member who is struggling. Practising these scenarios can help you articulate your thought process and problem-solving skills during the interview.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions that show your interest in the company and the role. Inquire about their client-centric processes or how they measure success in the SIPP and SSAS teams. This not only demonstrates your enthusiasm but also helps you gauge if the company aligns with your values.