At a Glance
- Tasks: Manage pension schemes and provide excellent service to members and trustees.
- Company: Join Spence, a dynamic team specializing in pension administration.
- Benefits: Enjoy a competitive salary of £27,000 - £40,000 plus fantastic benefits.
- Why this job: This role offers diverse tasks and the chance to make a real impact in pensions.
- Qualifications: You need at least three years' experience in Defined Benefit pension administration.
- Other info: Great opportunity for mentoring and professional growth in a supportive environment.
The predicted salary is between 27000 - 40000 £ per year.
As a Senior 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, 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 and your clients answering queries over the phone and via written communication and attending Trustee meetings. You will become effective at providing clear and accurate information to members and beneficiaries.
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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.
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Knowledge of systems e.g. Microsoft Office/ Windows applications.
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Experience in managing ad-hoc and annual pension projects
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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.
£27,000 – £40,000 Salary + Fantastic Benefits & A Great Place to Work
For further information on this vacancy, or any other job in Belfast or wider Northern Ireland, please apply via the link below or contact Jack Groves in the strictest confidence via Vanrath.
Experienced Pensions Administrator employer: VanRath
Contact Detail:
VanRath Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Experienced Pensions Administrator
✨Tip Number 1
Familiarize yourself with the latest UK pensions legislation and regulations. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work in defined benefit schemes. Attend relevant seminars or webinars to connect with potential colleagues and learn about current trends.
✨Tip Number 3
Prepare to discuss specific examples from your previous experience where you successfully managed pension projects or resolved complex member queries. This will showcase your problem-solving skills and expertise.
✨Tip Number 4
Practice your communication skills, both written and oral. Being able to clearly articulate complex pension issues to members and trustees is crucial for this role, so consider mock interviews or presentations.
We think you need these skills to ace Experienced Pensions Administrator
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Senior Pensions Administrator. Highlight your experience with defined benefit and defined contribution pension schemes in your application.
Showcase Your Experience: Detail your relevant experience, especially your three years in a Defined Benefit pension administration environment. Use specific examples to demonstrate your technical knowledge and project management skills.
Highlight Communication Skills: Since excellent communication is key for this role, provide examples of how you've effectively communicated with scheme members, trustees, and third parties in your previous roles.
Tailor Your Application: Customize your CV and cover letter to reflect the job description. Mention your familiarity with UK pensions legislation and any relevant systems you have used, such as Microsoft Office.
How to prepare for a job interview at VanRath
✨Show Your Technical Knowledge
Make sure to highlight your broad pension's technical knowledge during the interview. Be prepared to discuss your experience with defined benefit pension schemes and UK pensions legislation, as this will demonstrate your expertise in the field.
✨Communicate Clearly
Since excellent communication skills are crucial for this role, practice articulating complex pension concepts in a clear and concise manner. Use examples from your past experiences to showcase how you've effectively communicated with scheme members and trustees.
✨Demonstrate Project Management Skills
Be ready to discuss your experience managing ad-hoc and annual pension projects. Share specific examples of how you successfully completed these projects, focusing on your ability to meet deadlines and maintain high standards.
✨Prepare for Client Interaction Scenarios
As you'll be a key contact for pension members and clients, prepare for potential scenarios where you might need to answer queries or provide information. Think about how you would handle difficult questions or situations to show your problem-solving skills.