At a Glance
- Tasks: Manage complex pension schemes and mentor junior colleagues while ensuring high-quality service.
- Company: Join WTW, a leading pension administration business with a diverse global client portfolio.
- Benefits: Enjoy hybrid working options, continuous development, and opportunities for professional qualifications.
- Why this job: Make a real impact in the pensions industry while developing your skills in a supportive environment.
- Qualifications: Previous experience in pension administration is essential; strong attention to detail and coaching skills are a plus.
- Other info: We value diversity and inclusivity, offering adjustments throughout the application process.
The predicted salary is between 36000 - 60000 £ per year.
Description
We are hiring for a Senior Pensions Projects Administrator who would be based in one of our offices in Redhill or Leeds. As a Senior Pensions Projects Administrator, 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 impressive portfolio of clients that include prestigious and market leading global companies.
The role is an exciting opportunity to build on your previous experience and knowledge. You will have the opportunity to further your career by learning new skills and engaging in continuous development via formal training, on the job learning and professional qualifications.
You will workon 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 every aspect of pensions administration, utilising bulk processing routines, automated calculations or your manual calculation skills, and the potential for involvement with a huge variety of different projects, often at the forefront of the industry.
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.
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 when required.
- Provide support to existing senior associates with the production of pension increases, benefit statements, administration reports, 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 a range of 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 and prepares large mailing projects to members.
- Acts as key contact for an agreed list of projects and maintains and develops client relationships in respect of these.
- Acts as a point of escalation for the team for technical issues, non-standard cases, and complaints.
- 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 of working and managing small projects is desirable.
- Ability to carry out and manage high volumes of work while maintaining a high level of accuracy.
- High level attention to detail and skilled in following and applying procedural documentation and checking the work of other colleagues.
- Experience of coaching and supporting less experienced 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 makesus stronger.We want ourworkforceto reflectthe differentand varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bringtheir wholeselvestoworkeveryday.Weareanequalopportunityemployer committedtofosteringaninclusive work environment throughout our organisation. We embrace all types of diversity.
We’re 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
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Senior Projects Pensions Administrator employer: Willis Towers Watson
Contact Detail:
Willis Towers Watson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Projects Pensions Administrator
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in pension administration, especially focusing on defined benefit (DB) and defined contribution (DC) schemes. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the pensions industry through LinkedIn or relevant forums. Engaging with others can provide insights into the role and may even lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully managed projects or mentored junior colleagues. Highlighting these experiences will showcase your leadership skills and ability to contribute positively to the team.
✨Tip Number 4
Research StudySmarter and our values thoroughly. Understanding our culture and how we operate will allow you to tailor your conversations during interviews, making it clear that you're a great fit for our team.
We think you need these skills to ace Senior Projects Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pension administration, particularly with defined benefit (DB) and defined contribution (DC) schemes. Use specific examples of projects you've managed or complex calculations you've performed.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your previous experience aligns with the responsibilities outlined in the job description, especially your ability to mentor junior colleagues and manage multiple projects.
Showcase Your Skills: Emphasise your attention to detail and organisational skills in your application. Provide examples of how you've maintained high standards in your work and improved processes in previous roles.
Highlight Continuous Development: Mention any ongoing professional development or training you have undertaken related to pensions administration. This shows your commitment to learning and adapting, which is crucial for the Senior Pensions Projects Administrator role.
How to prepare for a job interview at Willis Towers Watson
✨Showcase Your Pension Knowledge
Make sure to brush up on your knowledge of both Defined Benefit (DB) and Defined Contribution (DC) schemes. Be prepared to discuss specific examples from your past experience where you successfully managed complex pension calculations or administration tasks.
✨Demonstrate Leadership Skills
As a Senior Pensions Projects Administrator, you'll be mentoring junior colleagues. Highlight any previous experience you have in coaching or leading teams, and be ready to share how you provided feedback and supported their development.
✨Prepare for Technical Questions
Expect questions that test your understanding of pension administration processes and data management. Familiarise yourself with common issues that arise in the field and think about how you would approach problem-solving in those scenarios.
✨Emphasise Your Organisational Skills
Given the need to manage multiple projects and client queries simultaneously, be ready to discuss your time management strategies. Share examples of how you've prioritised tasks and maintained high-quality service under pressure.