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- Tasks: Administer corporate pension schemes and mentor junior team members.
- Company: Join a growing firm of actuaries and consultants with a strong reputation.
- Benefits: Enjoy competitive salary, excellent perks, and flexible home/hybrid working options.
- Why this job: Be part of a supportive team while making a real impact in the pensions industry.
- Qualifications: Previous pensions experience, ideally with DB schemes, and strong numerical skills required.
- Other info: Opportunities for career progression and professional qualifications available.
The predicted salary is between 43200 - 72000 £ per year.
As a result of continued expansion, our client, a growing and established firm of actuaries and consultants, is currently looking to recruit a Senior Pensions Administrator due to increased business volumes, offering home/hybrid working.
Responsibilities:
- Working as a senior member of the team to administer a range of corporate pension schemes, primarily DB (defined benefit) / final salary based.
- Undertaking a variety of tasks including amending leavers/joiners, scheme calculations, claims, deaths etc.
- Supporting/mentoring more junior members of the team including checking work and dealing with more complex enquiries.
- Assisting with ad hoc project-based work.
- Ensuring Service Level Agreements are met.
Experience:
- Previous experience of working within the pensions industry, ideally with DB schemes within a TPA environment.
- Ability to work to deadlines.
- Ability to work well with colleagues.
- Strong numerical and communication skills.
- Ideally, candidates will hold or be working towards professional qualifications.
In return, our client is looking to offer a competitive basic salary as well as an excellent benefits and bonus package and plenty of opportunities for career progression within this growing organisation.
Senior Pensions Administrator employer: Switch Recruitment
Contact Detail:
Switch Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator
✨Tip Number 1
Make sure to highlight your experience with defined benefit schemes during any networking opportunities. Connect with professionals in the pensions industry on platforms like LinkedIn and engage in discussions about current trends and challenges in DB schemes.
✨Tip Number 2
Consider reaching out to current or former employees of the firm you're applying to. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've supported or mentored junior team members in previous roles. This will demonstrate your leadership skills and ability to contribute positively to the team dynamic.
✨Tip Number 4
Stay updated on the latest regulations and changes in the pensions industry. Being knowledgeable about recent developments will not only boost your confidence but also show your commitment to the field during interviews.
We think you need these skills to ace Senior Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the pensions industry, particularly with defined benefit schemes. Use specific examples of your previous roles and responsibilities that align with the job description.
Craft a Strong Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for the Senior Pensions Administrator role. Mention your experience with DB schemes and your ability to mentor junior team members.
Highlight Relevant Skills: In your application, emphasise your strong numerical and communication skills. Provide examples of how you've successfully worked under deadlines and collaborated with colleagues in past roles.
Show Commitment to Professional Development: If you hold or are working towards professional qualifications, make sure to mention this in your application. It shows your commitment to the field and can set you apart from other candidates.
How to prepare for a job interview at Switch Recruitment
✨Showcase Your Pensions Knowledge
Make sure to brush up on your knowledge of defined benefit schemes and the specific responsibilities of a Senior Pensions Administrator. Be prepared to discuss your previous experience in the pensions industry and how it relates to the role.
✨Demonstrate Leadership Skills
Since the role involves mentoring junior team members, highlight any past experiences where you've taken on a leadership or mentoring role. Share examples of how you've supported colleagues and ensured quality in their work.
✨Prepare for Technical Questions
Expect technical questions related to pension calculations, scheme amendments, and compliance with Service Level Agreements. Practise explaining complex concepts clearly, as strong communication skills are essential for this position.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's culture, growth opportunities, and the specific challenges they face in administering pension schemes. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
