Pension Review Loss Assessor in Portsmouth

Pension Review Loss Assessor in Portsmouth

Portsmouth Full-Time 30000 - 40000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Assess pension losses and ensure fair outcomes for customers.
  • Company: Join Servaada, a Wipro company, committed to positive change.
  • Benefits: Inclusive workplace with opportunities for growth and development.
  • Other info: Diverse team environment with a focus on equality and inclusion.
  • Why this job: Make a real difference in people's financial futures while developing your skills.
  • Qualifications: Strong analytical skills and good communication abilities required.

The predicted salary is between 30000 - 40000 £ per year.

About Servaada, a Wipro company: Servaada is Wipro's UK entity, authorised by the FCA (the UK financial services regulator) to undertake regulated activities on behalf of its clients, as an outsourced service provider.

About the Role: To carry out loss assessment calculations for the PR Guarantee cases and deal with related remedial work, complaints and queries, to ensure fair treatment and satisfactory outcomes for customers. Calculations should be carried out in accordance with the guidance issued for the industry wide review of personal pensions. The review concerns the remediation of mis-sold individual pension plans between April 1988 and June 1994 that resulted in customers opting out of, not joining or transferring benefits from occupational pension schemes.

Skills, Qualifications and Experience:

  • Proven analytical and investigative skills.
  • Good inter-personal, organisational and time management skills.
  • Demonstrates good telephone and communication skills.
  • Solid skills in report writing and use of all Microsoft office products.
  • Proven ability to adapt to change and have a flexible attitude at work.

Desirable:

  • Working knowledge of the Respond complaints system.
  • Working knowledge of the PRESS calculations tool.
  • A comprehensive understanding of Final Salary (defined benefit) pension schemes.
  • An awareness and understanding of the Industry Wide Review of Personal Pensions.
  • A detailed understanding of ReAssure’s pension products and the options available to customers at retirement.
  • An awareness of Risk and Regulation in relation to the pensions review and current pensions legislation.
  • Awareness and understanding of Data Protection Requirements.
  • Ideally educated to ‘A’ level standard recognised equivalent.
  • Knowledge of Financial Services products.
  • Awareness of FCA complaint handling environment and legislation.
  • Knowledge of requirements for salesforce structure and controls.

Equal Opportunities: Servaada is an advocate for positive change and conscious inclusion. As a global employer, we strive to create a diverse Wipro family by remaining committed to the development of our culture, diversity, equality, and inclusion in the workplace. All applicants welcome.

Pension Review Loss Assessor in Portsmouth employer: Servaada - a Wipro Company

Servaada, a Wipro company, is an exceptional employer that prioritises employee growth and inclusivity within its dynamic work culture. Located in the UK, we offer comprehensive training and development opportunities, ensuring our team members are equipped to excel in their roles while contributing to meaningful outcomes for our clients. With a strong commitment to diversity and equality, we foster an environment where every employee can thrive and make a positive impact.
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Contact Detail:

Servaada - a Wipro Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pension Review Loss Assessor in Portsmouth

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those who work at Servaada or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of pension schemes and the FCA regulations. We want you to be confident and ready to discuss how your skills align with the role of a Pension Review Loss Assessor.

✨Tip Number 3

Showcase your analytical skills! Be ready to share examples of how you've tackled complex problems in the past. This will demonstrate your ability to handle loss assessment calculations effectively.

✨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 take the initiative to connect directly with us.

We think you need these skills to ace Pension Review Loss Assessor in Portsmouth

Analytical Skills
Investigative Skills
Inter-Personal Skills
Organisational Skills
Time Management Skills
Telephone Communication Skills
Report Writing Skills
Microsoft Office Proficiency
Adaptability
Flexible Attitude
Knowledge of Respond Complaints System
Knowledge of PRESS Calculations Tool
Understanding of Final Salary Pension Schemes
Awareness of Industry Wide Review of Personal Pensions
Understanding of Data Protection Requirements

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Pension Review Loss Assessor role. Highlight your analytical skills and any relevant experience with pension schemes or complaint handling. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with what we're looking for. Keep it concise but impactful – we love a good story!

Show Off Your Communication Skills: Since this role involves dealing with complaints and queries, make sure your written application showcases your communication skills. Clear, professional language will go a long way in making a great first impression!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Servaada - a Wipro Company

✨Know Your Pensions Inside Out

Make sure you brush up on your knowledge of personal pensions, especially the specifics around the industry-wide review. Understanding the history and implications of mis-sold pension plans will show that you're not just familiar with the role but genuinely interested in making a difference for customers.

✨Show Off Your Analytical Skills

Prepare to discuss examples of how you've used your analytical and investigative skills in previous roles. Think of specific situations where you had to assess complex information or resolve complaints, as this will demonstrate your capability to handle loss assessment calculations effectively.

✨Communicate Clearly and Confidently

Since good communication is key in this role, practice articulating your thoughts clearly. You might even want to do a mock interview with a friend or family member to get comfortable discussing your experience and answering questions about the role.

✨Be Ready for Change

Flexibility is crucial in this position, so be prepared to discuss how you've adapted to changes in the workplace before. Share examples that highlight your ability to stay positive and productive when faced with new challenges or shifting priorities.

Pension Review Loss Assessor in Portsmouth
Servaada - a Wipro Company
Location: Portsmouth

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