At a Glance
- Tasks: Manage all aspects of pension scheme administration and ensure accurate calculations.
- Company: Join a large in-house pensions team in a dynamic environment.
- Benefits: Competitive salary, excellent benefits, and hybrid working options.
- Other info: Great opportunity for career growth in the pensions sector.
- Why this job: Make a real difference in people's financial futures while developing your skills.
- Qualifications: Attention to detail and strong organisational skills required.
The predicted salary is between 30000 - 45000 £ per year.
Excellent opportunity to join this large in‑house pensions team. You will work on all aspects of Defined Benefit scheme administration.
Responsibilities
- Day to day active, deferred and pensioner administration, including calculations, carried out to expected time and quality standards.
- Activities include, but are not limited to, AVCs, new joiners, opt‑outs, executives, general data maintenance for all categories of member, refunds deferred pensions transfers in (DC), transfers out, normal, late, early and ill‑health retirements, retirement quotations, deaths in service, deferment and retirement.
- All Pensioner administration including adding and ceasing members to pensioner payroll, pension increases, tax queries, providing information to DWP, reclaiming overpaid pension instalments following deaths, tracing members when payments/correspondence are returned, commutation of pensions.
Pensions Services Administrator in London employer: www.sammons.co.uk
Join a leading in-house pensions team in London, where you will benefit from a supportive work culture that prioritises employee growth and development. With excellent benefits and a hybrid working model, this role offers a unique opportunity to engage in meaningful pension administration while enjoying a balanced work-life environment.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Services Administrator in London
✨Tip Number 1
Network like a pro! Reach out to people in the pensions industry on LinkedIn or at local events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Defined Benefit schemes. We recommend practising common interview questions and having examples ready that showcase your experience in pensions administration.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills, making your application stand out!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Pensions Services Administrator in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pensions Services Administrator role. Highlight relevant experience in pensions administration and any specific skills that match the job description. We want to see how you can bring value to our team!
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 a great fit for us. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail:In pensions administration, attention to detail is key. Make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work, so show us you’re meticulous!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, you’ll get to explore more about our company culture while you’re at it!
How to prepare for a job interview at www.sammons.co.uk
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit schemes and the specific responsibilities mentioned in the job description. Familiarise yourself with terms like AVCs, retirement quotations, and pensioner payroll to show that you're not just interested but also knowledgeable.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, such as dealing with tax queries or tracing members. Think of examples from your past experience where you've successfully managed similar tasks, and be ready to discuss them in detail.
✨Showcase Your Attention to Detail
Since the role involves calculations and data maintenance, highlight your attention to detail during the interview. You could mention any previous roles where accuracy was crucial, and perhaps even share a story about how you caught an error that saved time or resources.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions prepared. This could be about the team dynamics, the tools they use for administration, or how they measure success in this role. It shows you're genuinely interested and engaged with the position.
