At a Glance
- Tasks: Lead complex pension administration projects and provide expert guidance to clients and colleagues.
- Company: Join a leading UK pensions firm with a focus on innovative solutions and career development.
- Benefits: Enjoy a supportive culture, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in the pensions industry while developing your leadership skills.
- Qualifications: 8+ years in DB pension administration and strong client relationship skills required.
- Other info: Flexible working options available across multiple UK locations.
The predicted salary is between 48000 - 72000 £ per year.
3173 is a privately owned UK firm of pensions experts with clients throughout the UK, serviced from offices in London, Belfast, Glasgow, Manchester, Birmingham, Bristol and Leeds. The 3173 Group of companies includes Dalriada Trustees Limited (Dalriada), one of the UK’s largest professional pension scheme trustee companies. Spence & Partners provides full pension actuarial, consulting, investment consulting and administration services that provide simply smarter solutions for trustees, employers and members.
Our primary aim is to provide interesting, worthwhile and healthy careers for all our people; we believe that this emphasis sets us apart from our competitors. We are defined by our ethos and by our goal: Our ethos is an individual and collective commitment achieved through carefully balancing responsibility with freedom and flexibility, all of which is underpinned by a willingness to work interdependently. When we get this balance right, it is how we do our best work. Our goal is to provide interesting, worthwhile, and healthy careers for our people. Our graduate development programmes offer the opportunity to build a career in the pensions industry. You’ll get direct exposure to working with the directors of our business and the opportunity to really make your mark in a growing business. We will support you every step of the way through our accelerated learning and development scheme.
Are you ready to take the lead on some of the most complex and rewarding challenges in pensions administration? As a Principal Pensions Administrator, you’ll act as the key point of contact for trustees and advisers, ensuring that Defined Benefit (DB) schemes are managed with precision, compliance, and outstanding client service. This is a role where your technical expertise, leadership skills, and commercial awareness come together. You’ll take ownership of entire schemes, oversee and authorise the most complex cases, and provide guidance to colleagues at every level. From attending trustee meetings and presenting reports to leading major exercises such as buy-ins, buyouts, and GMP equalisation, you’ll also support Spence’s business development by building trusted client relationships and contributing to new opportunities. At Spence, we’re continuing to grow, and you’ll play an important part in that journey. You’ll be joining a collaborative and supportive team where your knowledge is valued, your impact is recognised, and your contribution helps shape the future of our pensions services.
Responsibilities & Criteria
- At least 8 years’ experience in DB pension administration
- Extensive experience in Defined Benefit (DB) pensions administration, with proven expertise in complex and technical cases.
- In-depth knowledge of UK pensions legislation, regulation, and codes of practice.
- Demonstrated experience acting as lead contact for trustees and advisers.
- Strong client relationship skills, including attending and contributing to trustee meetings.
- Experience leading on scheme-wide projects (e.g. GMP equalisation, buy-ins, buyouts, scheme wind-ups).
- Ability to mentor, guide, and support both junior and senior colleagues.
- Excellent organisational skills, with the ability to manage competing priorities across multiple schemes.
- Commercial awareness and the confidence to support business development activity.
- PMI qualification (or working towards).
- Experience preparing trustee reports and presenting technical advice at trustee meetings.
- Track record of delivering large-scale or complex pension projects successfully.
- Evidence of contributing to process improvements or shaping team practices.
- Experience representing the business at pitches or new client opportunities.
Circumstances
- Working hours: Monday to Friday, 37.5 hours per week with additional hours as and when required.
- Location: UK-wide with opportunity available in Belfast, Manchester or Glasgow.
- All roles are subject to a six-month probationary period and all prospective employees are required to complete an Access NI check.
- As part of the pre-hire process the successful candidate will be subject to reference checking security vetting.
3173 is an Equal Opportunity Employer.
Applying with a disability or long-term health condition
As part of our belief that we benefit from the differences among us we are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. As part of this commitment we guarantee to automatically interview anyone with a disability who meets the minimum criteria. If there is support or an adjustment that we can provide to enable you to be at your best during the recruitment and selection process, we encourage you to advise us in good time so that we may make suitable arrangements. We understand that being open with us may feel uncomfortable so please only share with us the information that you are comfortable to share, and rest assured that we will use this only to provide you with the right support. Any information you give us will be treated completely confidentially. To discuss this further please call 028 9041 2000 and ask to speak to a member of the People & Culture team.
Principal Pension Administrator in Birmingham employer: Spence & Partners Limited
Contact Detail:
Spence & Partners Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Pension Administrator in Birmingham
✨Tip Number 1
Network like a pro! Get out there and connect with people in the pensions industry. Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their ethos and how they balance responsibility with freedom. This will help you show that you’re not just a fit for the role, but also for the team at 3173.
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience with complex DB pension cases and how you've led projects. Highlight your client relationship skills and be prepared to share examples of how you've contributed to business development.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at 3173.
We think you need these skills to ace Principal Pension Administrator in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Principal Pension Administrator role. Highlight your extensive experience in DB pension administration and any specific projects you've led, like GMP equalisation or buy-ins. We want to see how your skills match our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about pensions and how your expertise can contribute to our team. Don’t forget to mention your client relationship skills and any relevant qualifications.
Showcase Your Leadership Skills: As a Principal Pension Administrator, you'll be guiding colleagues and managing complex cases. In your application, share examples of how you've mentored others or led successful projects. We love seeing candidates who can inspire and support their teams!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Spence & Partners Limited
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of UK pensions legislation and regulations. Being able to discuss complex cases and demonstrate your expertise in Defined Benefit schemes will show that you're the right fit for the role.
✨Showcase Your Leadership Skills
Prepare examples of how you've led projects or mentored colleagues in the past. This is a key part of the Principal Pension Administrator role, so be ready to discuss your experience in guiding teams and managing competing priorities.
✨Build Rapport with Interviewers
Since client relationship skills are crucial, practice how you can build rapport during the interview. Be personable and engage with your interviewers, showing them that you can connect with trustees and advisers effectively.
✨Prepare for Technical Questions
Expect to answer technical questions related to pension administration and project management. Review common scenarios like GMP equalisation or buy-ins, and be ready to explain your approach to these challenges.