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: Embrace a supportive environment that values diversity and continuous improvement.
- Why this job: Make a real impact in the pensions sector while developing your skills.
- 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.
Pensions Administrator with Defined Benefits experience. 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 Pensions Administrator in Basingstoke, you will benefit from a collaborative environment where your expertise in Defined Benefit schemes is recognised and rewarded, alongside opportunities for professional development and continuous improvement initiatives. Join us to make a meaningful impact while enjoying a fulfilling career in the pensions sector.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Administrator with Defined Benefits experience. Job in Basingstoke LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry, especially those with Defined Benefit experience. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK pensions legislation and regulatory requirements. We recommend practising common interview questions related to DB schemes so you can showcase your expertise confidently.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
✨Tip Number 4
Apply through our website for the best chance at landing that Pensions Administrator role. We’re all about making the application process smooth and straightforward, so don’t miss out on the opportunity!
We think you need these skills to ace Pensions Administrator with Defined Benefits experience. Job in Basingstoke LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience with Defined Benefit 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!
Showcase Your Skills:Don’t forget to mention your numerical and analytical skills, as well as your proficiency in 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 DB Schemes
Make sure you brush up on your knowledge of Defined Benefit schemes before the interview. Be ready to discuss specific examples from your experience, including how you've handled retirements and transfers. This will show that you’re not just familiar with the theory but have practical experience too.
✨Master the Regulations
Familiarise yourself with UK pensions legislation and The Pensions Regulator's guidelines. Being able to talk confidently about compliance and regulatory requirements will demonstrate your expertise and commitment to maintaining high standards in your work.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used your numerical and analytical skills in past roles. Think of specific instances where your attention to detail made a difference, especially in calculations or data audits. This will highlight your capability to manage complex information accurately.
✨Communicate Clearly
Since you'll be responding to member queries, practice articulating your thoughts clearly and professionally. Consider role-playing common scenarios with a friend or family member to build your confidence. Strong communication skills are key in this role, so make sure you convey your ideas effectively during the interview.
