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For Companies At a Glance
- Tasks: Manage pension schemes and provide excellent service to members and trustees.
- Company: Award-winning UK firm specialising in pensions and financial services.
- Benefits: Dynamic work environment, career development, and opportunities across the UK.
- Why this job: Join a growing team and make a real impact in the pensions industry.
- Qualifications: Experience in defined benefit pensions and strong communication skills required.
- Other info: Flexible working locations and commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
About Us
Spence & Partners (Spence) was established in 2000 and is a privately owned, award winning UK firm of actuaries, pension consultants, pension scheme IT specialists and administrators. We are part of an integrated group of companies that includes Dalriada Trustees Limited (Dalriada), a leading independent trustee, with offices in Belfast, Glasgow, Manchester, Bristol and London, and clients throughout the UK and Ireland. We offer a dynamic and challenging environment and ensure that all our employees have the opportunities to develop successful and fulfilling careers. We believe in empowerment and expect our colleagues to thrive in an environment of personal responsibility and ownership.
We have a growing portfolio of clients due to our excellent reputation within the industry and are seeking to extend our successful team with an experienced Pensions Administrator. We are looking for candidates who are ambitious and enjoy working with people. You should thrive on solving complex problems and be interested in the financial services/pensions industry and areas affecting it. You will be well organised and proactive, calm under pressure and can communicate effectively (written and verbal).
About You
You will enjoy working in a challenging environment in which you can develop both personally and professionally in an award-winning company. You will be a conscientious individual with exceptional attention to detail. You will have the ability to build strong relationships internally and externally and work to demanding deadlines and targets.
As Pensions Administrator, you will manage and maintain the administration aspects of defined benefit and defined contribution pension schemes on behalf of the scheme trustees. Acting as point of contact for scheme members, scheme managers/trustees and other third parties and provide mentoring and peer review of less experienced administrators. Our team carry out all types of exercises from winding up schemes and calculating members’ pension benefits to carrying out forensic research for schemes where we have been appointed by The Pensions Regulator, all the while providing an excellent service to the members of our Schemes. This variation makes Spence an exciting opportunity for anyone interested in a career in pensions.
You will build a portfolio of clients to which you will manage all the transactions needed for their pension schemes, ensuring they are completed to the highest standards, within the service levels. You will become key contact to pension members answering queries over the phone and via written communication. You will become effective at providing clear and accurate information to members and beneficiaries.
Responsibilities & Criteria
- Broad pension's technical knowledge, with at least three years’ experience working in a Defined Benefit pension administration environment and with a detailed understanding of defined benefit pensions schemes and UK pensions legislation, regulation and codes of practice.
- Knowledge of computerised systems e.g. Microsoft Office/ Windows applications.
- Excellent communication skills both written and oral with the ability to articulate and communicate current and relevant issues to scheme members; pension trustees; and other relevant third parties.
- Experience of working pro actively and using own initiative to complete tasks.
- The ability to perform in a fast-moving environment providing excellent service to clients and third parties with a desire to succeed at accomplishing challenging objectives.
Desirable Criteria
- Knowledge of and experience with GMP Reconciliation / Equalisation calculations
- Knowledge of The Pensions Regulator (tPR) guidance
Behavioural Competencies for the role
- Inspiring Leadership
- Strategic Thinking
- Impacting & Influencing
- Client Engagement
- Collaborative Working
- Problem Solving
- Planned Approach
- Professional Approach
Circumstances
- Working hours: Monday to Friday, 37.5 hours per week with additional hours as and when required.
- Location: UK-wide with opportunities available in Manchester, Belfast 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 team.
Pensions Administrator in Belfast employer: Spence & Partners Ltd.
Contact Detail:
Spence & Partners Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Administrator in Belfast
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Spence & Partners on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your pensions knowledge. Familiarise yourself with recent changes in UK pensions legislation and be ready to discuss how they impact defined benefit schemes. Show us you’re passionate about the industry!
✨Tip Number 3
Practice your communication skills! Since you'll be dealing with scheme members and trustees, being able to explain complex pension issues clearly is key. Try role-playing common scenarios with a friend to build your confidence.
✨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 serious about joining our team at Spence & Partners.
We think you need these skills to ace Pensions Administrator in Belfast
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pensions Administrator role. Highlight your experience in defined benefit pension administration and any relevant skills that match the job description. We want to see how you can bring value to our team!
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 background makes you a great fit for Spence. Keep it engaging and personal – we love to see your personality come through.
Showcase Your Communication Skills: Since effective communication is key in this role, make sure your written application reflects your ability to articulate ideas clearly. Use concise language and check for any typos or errors – attention to detail is crucial!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive – a quality we admire!
How to prepare for a job interview at Spence & Partners Ltd.
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of defined benefit pension schemes and UK pensions legislation. Being able to discuss these topics confidently will show that you're serious about the role and understand the complexities involved.
✨Showcase Your Communication Skills
Since effective communication is key in this role, prepare examples of how you've successfully communicated complex information to clients or colleagues in the past. This will demonstrate your ability to articulate important details clearly.
✨Demonstrate Problem-Solving Abilities
Think of specific instances where you've tackled challenging problems in a fast-paced environment. Be ready to share these experiences during the interview to highlight your proactive approach and ability to thrive under pressure.
✨Build Rapport with Interviewers
Remember, this role involves working closely with people. Practice building rapport by engaging with your interviewers, asking insightful questions, and showing genuine interest in their experiences at Spence & Partners. This will help you stand out as a candidate who values collaboration.
