At a Glance
- Tasks: Administer Defined Benefit pension schemes and ensure compliance with regulations.
- Company: Join a dynamic team at Office Angels, a leading employment agency.
- Benefits: Competitive salary, inclusive workplace, and opportunities for professional growth.
- Other info: Supportive environment that values diversity and continuous improvement.
- Why this job: Make a real difference in people's lives by managing their pensions.
- Qualifications: Experience in Defined Benefit schemes and strong analytical skills required.
The predicted salary is between 30000 - 40000 £ per year.
We are seeking an experienced Pensions Administrator with a strong background in Defined Benefit (DB) schemes to join our team. You will play a key role in delivering accurate and timely administration services to members, employers, and trustees, ensuring compliance with scheme rules and regulatory requirements.
Key Responsibilities
- Administer Defined Benefit pension schemes, including retirements, transfers, deaths, and other member events.
- Calculate and process benefits in line with scheme rules and statutory requirements.
- Maintain accurate member records and update systems accordingly.
- Respond to member queries and provide clear, professional guidance.
- Liaise with trustees, actuaries, and other stakeholders to ensure smooth operations.
- Assist with scheme projects such as reconciliations, de-risking exercises, and data audits.
- Ensure compliance with TPR (The Pensions Regulator) guidelines and internal controls.
- Contribute to continuous improvement initiatives within the pensions team.
Skills & Experience
- Essential: Proven experience administering Defined Benefit pension schemes.
- Strong understanding of UK pensions legislation and regulatory requirements.
- Excellent numerical and analytical skills.
- Proficient in pensions administration systems and MS Office (Excel, Word).
- Desirable: Experience with Defined Contribution (DC) schemes.
- Knowledge of GMP, equalisation, and pension taxation.
- Professional qualifications (e.g., PMI Certificate/Diploma) or working towards them.
Personal Attributes
- High attention to detail and accuracy.
- Strong communication and interpersonal skills.
- Ability to manage workloads and meet deadlines.
- Proactive approach to problem-solving and continuous improvement.
Defined Benefits Pensions Administrator. Job in Basingstoke LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
At Office Angels, we pride ourselves on being an excellent employer, offering a supportive and inclusive work culture that values diversity and fosters personal growth. As a Defined Benefits Pensions Administrator in Basingstoke, you will benefit from our commitment to professional development, competitive remuneration, and a collaborative environment where your expertise is recognised and appreciated. Join us to make a meaningful impact while enjoying the advantages of working in a vibrant location with a focus on continuous improvement and employee well-being.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Defined Benefits Pensions Administrator. Job in Basingstoke LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Defined Benefit schemes and UK pensions legislation. We recommend practising common interview questions and even role-playing with a friend to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring along examples of your work or case studies that highlight your experience with DB schemes. We want to see how you’ve tackled challenges and contributed to continuous improvement in your previous roles.
✨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 and engaged in their job search.
We think you need these skills to ace Defined Benefits Pensions Administrator. Job in Basingstoke LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience with Defined Benefit pension schemes. We want to see how your skills match the job description, so don’t be shy about showcasing your relevant achievements!
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 the perfect fit for our team. Keep it professional but let your personality come through!
Show Off Your Skills:Don’t forget to mention your numerical and analytical skills, especially if you’ve worked with pensions administration systems. We love seeing candidates who can demonstrate their expertise in these areas!
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’s super easy!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit schemes and UK pensions legislation. Be prepared to discuss specific regulations and how they impact administration. This will show that you’re not just familiar with the basics, but that you truly understand the intricacies of the role.
✨Showcase Your Analytical Skills
Since this role requires excellent numerical and analytical skills, be ready to demonstrate these during the interview. You might be asked to solve a problem or analyse a scenario related to pension calculations. Practising some sample calculations beforehand can really help you shine.
✨Communicate Clearly and Professionally
As you'll be responding to member queries and liaising with various stakeholders, strong communication skills are a must. Practice articulating complex information in a clear and concise manner. This will not only help you in the interview but also in your future role.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about the team, ongoing projects, or compliance challenges they face. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.
