At a Glance
- Tasks: Lead projects in pensions administration, tackling data reviews and client interactions.
- Company: Join WTW, a leader in the pensions market, known for its supportive culture.
- Benefits: Enjoy competitive salary, hybrid work options, and opportunities for career growth.
- Why this job: Make an impact in pensions while mentoring others and driving process improvements.
- Qualifications: Experience in occupational pension schemes and strong analytical skills required.
- Other info: Diversity and inclusivity are core values; we welcome all applicants.
The predicted salary is between 43200 - 72000 Β£ per year.
Description
We are hiring for a Senior Pensions Projects Administrator who would be based in one of our offices in Redhill. You will be making a difference within our leading pension administration business. You will work within a team to provide a high quality service to our clients that include prestigious companies. In this role, you will provide support to existing seniors by running scheme events, producing pension increases, benefit statements, administration reports and testing of automated calculation solutions.
You will work on a variety of different clients, with pension arrangements ranging from straightforward to complex, with populations covering hundreds of members to hundreds of thousands. This gives you the opportunity to work, within one organisation, on clients that offer exposure to utilising bulk processing routines, manual calculation skills, and the potential for involvement with a huge variety of different projects.
Benefits
Enjoy a benefits package designed to help you thrive, both professionally and personally. You\βll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company.
We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
The Role
- Collaborates with the Team Leader to ensure all delivery promises, and performance standards are achieved. This includes monitoring of individual and team performance and escalating issues and cases to the Team Leader
- Provide support to existing senior associates by running scheme events and bulk exercises including building query logs along with the production of pension increases, benefit statements, monthly reporting and testing of automated calculation solutions
- Checks and monitors work completed by junior colleagues, providing feedback and guidance to colleagues as required to support Right First-Time targets and output targets across the team.
- Works on a range of Pension Administration related tasks including undertaking complex pensions calculations, pensions data entry and answering queries using manual system processes across different member pension schemes.
- Monitors own projects and those of junior colleagues to ensure agreed target dates are achieved and work is of a high standard. This includes scoping costs for projects and monitoring spend against the budget.
- Develops homepages, precedent documents and produces test packs for automation, test and signs off calculations for DB and DC members.
- Assists in due diligence exercises, analysing data quality, identifying data issues, and proposing solutions as well as monitoring and managing data cleaning requirements.
- Acts as key contact for an agreed list of projects and maintains and develops client relationships in respect of these.
- Continuously seeks to identify areas where the service to clients/members could be improved and takes forward process improvements as required. This includes working with the Team Leader to improve operational efficiency and reduce costs e.g. automation, full use of standard products.
- Coaches, supports, and mentors junior colleagues providing feedback and supporting the wider development and knowledge of the team.
Qualifications
The Requirements
- Previous experience working in an occupational pension administration team (DB experience would be desirable, however experience within DC and/hybrid would also be considered) carrying out administration processes, including but not limited to Retirements, Transfers and Deaths.
- Experience in running scheme events is essential and experience building query logs is preferred
- Experience of coaching and supporting less experienced colleagues.
- High level attention to detail and skilled in following and applying procedural documentation and checking the work of other colleagues.
- Excellent interpersonal skills to include good written and verbal communication and use of Microsoft Excel and Word.
- Excellent organisational and time management skills and being able to manage own workload, wider teamwork load and multiple client / member queries or projects at the same time, whilst maintaining a high-quality service.
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work everyday. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.
Weβre committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com.
Equal Opportunity Employer
(OGB2)
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Senior Pensions Projects Administrator employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Pensions Projects Administrator
β¨Tip Number 1
Familiarise yourself with the specific pension schemes mentioned in the job description, such as DB and DC arrangements. Understanding these concepts will not only help you during interviews but also demonstrate your genuine interest in the role.
β¨Tip Number 2
Network with current or former employees of WTW to gain insights into the company culture and expectations for the Senior Pensions Projects Administrator role. This can provide you with valuable information that may set you apart from other candidates.
β¨Tip Number 3
Prepare to discuss your experience in coaching and mentoring junior colleagues, as this is a key aspect of the role. Think of specific examples where you've successfully supported others and how that contributed to team success.
β¨Tip Number 4
Brush up on your problem-solving and analytical skills, as these are crucial for the tasks outlined in the job description. Consider practising with real-world scenarios or case studies related to pensions to showcase your expertise during the interview.
We think you need these skills to ace Senior Pensions Projects Administrator
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience with occupational pension schemes and any relevant project work. Use specific examples that demonstrate your problem-solving skills and technical knowledge in pensions.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your background aligns with the responsibilities outlined in the job description. Mention your experience in coaching and supporting colleagues, as well as your ability to manage tasks effectively.
Showcase Your Skills: Emphasise your strong analytical skills and proficiency with Excel. Provide examples of how you've used these skills in previous roles, particularly in data analysis or project management.
Prepare for Potential Questions: Think about how you would respond to questions regarding your experience with DB and DC pension arrangements, as well as your approach to mentoring junior associates. Be ready to discuss specific challenges you've faced and how you overcame them.
How to prepare for a job interview at Willis Towers Watson
β¨Showcase Your Pensions Knowledge
Make sure to brush up on your knowledge of occupational pension schemes, especially DB and DC arrangements. Be prepared to discuss specific examples from your experience that demonstrate your technical expertise and problem-solving skills in this area.
β¨Demonstrate Leadership Skills
As a Senior Pensions Projects Administrator, you'll be expected to mentor junior associates. Share instances where you've successfully coached or supported less experienced colleagues, highlighting your ability to lead and foster a collaborative environment.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your analytical and problem-solving abilities. Prepare to discuss how you would handle specific challenges, such as data errors or project management issues, and outline your approach to root cause analysis and process improvement.
β¨Emphasise Your Time Management Skills
Given the role's focus on managing tasks to deadlines, be ready to talk about how you prioritise your workload and remove blockers. Provide examples of how you've effectively managed multiple projects simultaneously while maintaining high accuracy and quality.