At a Glance
- Tasks: Lead and develop a dynamic pension administration team in Bristol.
- Company: Join XPS Group, a leading UK consultancy in pensions and insurance.
- Benefits: Enjoy competitive salary, bonuses, flexible holidays, and health perks.
- Why this job: Make a real impact in a supportive and inclusive workplace.
- Qualifications: Experience in pensions administration and strong leadership skills required.
- Other info: Opportunities for career growth and community involvement through volunteering.
The predicted salary is between 36000 - 60000 £ per year.
About XPS Group
XPS Group is a prominent and growing UK consultancy and administration firm within the pensions and insurance sectors. As a FTSE 250 company with over 2000 employees, we leverage expertise alongside advanced technology to serve over 1,400 pension schemes and their sponsors. Our goal is to foster a workplace where diverse talents thrive.
About The Role
Our teams of pension administrators provide services to a wide range of trust-based company pension schemes, including defined benefit, defined contribution, career average revalued earnings, and hybrid schemes. Our administrative approach is scheme-based; one team is responsible for every aspect of each client’s service, enabling us to build the best possible relationships and provide the clarity of focus each scheme deserves.
Your role will be to assist the Regional Operations Manager in the leadership and direction of the Pension Administration Team in our Bristol office, preferably on site. The Operations Manager will provide full time management of the teams, with a particular focus on aspects such as commercial, people, client and process development. For the right individual some client management and fee earning work will also be involved, but the priority of the role is the ongoing delivery of services, the development of the capabilities of those reporting to you, and of the systems, procedures, and compliance framework used by the company as a whole.
Key Responsibilities
Reporting to a Regional Operations Manager and being a key member of his/her management team, you will be actively involved in the management and delivery of our pension administration services across the Bristol office and have an opportunity to support on projects which may impact the wider Pension Administration business. Specific objectives are to seek to optimise the balance between three overall aims:
- Quality - delivering an industry leading quality service
- Profit - running an efficient and profitable operation
- Long term sustainability – investing in our clients, people and systems
In pursuit of these aims, your objectives would be to assist your Regional Operations Manager to:
- Contribute to maintaining the high-quality standards required within the company and seek continually to enhance the quality long term sustainability of the services provided to our clients across the business.
- Manage and continually develop the pension’s administration capability by demonstrating positive leadership skills and actively mentoring Administration Managers and their Deputies when required.
- Actively contribute to the attraction, training and retention of employees by recruiting appropriately; and motivating, rewarding and developing existing employees. Manage HR issues and coordinate administration resources.
- Develop the commercial aspects of the function, involving Administration Managers in tendering and client facing work, billing effectively for value added to clients, and ensure that profit is delivered.
- Participate in ongoing detailed analysis of the efficiency of our systems and processes. This will include working collaboratively with other areas of the Pension Administration business such as the Projects Team.
- Assist on tendering processes, creating responses to tenders and leading the administration aspects of full service tenders.
- Conduct client assignments such as trustee secretarial appointments, project work, client relationship management etc.
- Build strong and productive relationships with senior actuaries across the business, in all other offices.
- Assist on strategic business change and effectively manage the implementation of new practices and processes.
- Contribute to business wide process and systems change. Due to the changing nature of the business, the job holder may from time to time be required to undertake other activities of a similar nature that fall within their capabilities.
Essential Your Profile
Already an experienced and successful pension professional, you will have a strong track record in managing, developing and delivering pensions administration services. The successful candidate must be able to demonstrate a very thorough knowledge of technical pension administration activities and the ability to apply this knowledge to any scheme. Previous pensions administration experience of Defined Benefits (DB) & Defined Contributions (DC) schemes is required. Proven experience in all areas of the new business lifecycle including formulating and assisting in the writing of proposals, preparing and delivering client pitches and subsequent client negotiations. Experience of operating within and contributing to a compliant framework, and a strong understanding of quality standards. Previous line management experience is essential, including appraisal process, HR issue management, performance management and recruitment related activities. IT proficient, in particular Microsoft Word, Excel, Outlook & PowerPoint. Proven leadership proficiency – both mentoring and motivating. Interpersonal and communication skills required to inspire, motivate, lead and manage a diverse team of professionals from trainee to senior consultant levels. Resilience and the ability to work under pressure. Strong numerical, analytical and problem-solving capabilities. Being a good and enthusiastic team player. A high degree of organisation with the ability to plan and prioritise workloads. A strong result oriented commercial and professional focus. Confidence in dealing at board room level and have a creative and forward-thinking approach. An ability to recognise the need for a customer focused approach to their service delivery both in terms of quality and exceeding customer expectations.
Qualifications
Educated to a minimum of A Level or Degree or equivalent standard. Ideally a minimum of three C grades or above at A Level or equivalent qualification. Strong Maths and English GCSE or equivalent qualification - minimum grade B. APMI (or applicants deemed ‘qualified by experience’ would be considered).
What We Offer
Enjoy a competitive salary, annual discretionary bonus, and 25 days’ holiday with buy/sell flexibility. Benefits include pension matching, healthcare plans, life assurance, and retailer discounts. We support our team with a flexible benefits scheme, employee assistance, and digital GP service. Participating in volunteering events is encouraged with paid volunteer days available. Referral bonuses are offered for introducing suitable candidates to XPS.
How To Apply
Interested candidates should submit applications via Apply Now option or contact recruitment@xpsplc.com for more information. Join XPS Group and contribute to a dynamic and inclusive workplace.
Equal Opportunities Statement
XPS Group is committed to diversity and equal opportunities. We welcome applications from all candidates, irrespective of sex, race, disability, sexual orientation, religion, or belief. As a Disability Confident employer, we ensure accessible and supportive work settings for all employees.
Eligibility
Any employment offer made will be conditional upon you satisfying DBS Disclosure checks, Employment or educational references, Satisfactory credit checks and eligibility to work in the UK before an offer can be made. XPS Group is not able to provide sponsorship to employees.
Operations Manager Pensions Administration in Bristol employer: XPS Group
Contact Detail:
XPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Manager Pensions Administration in Bristol
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching XPS Group thoroughly. Understand their values, services, and recent projects. This will help you tailor your answers and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the Operations Manager role. Highlight your leadership skills and how you've successfully managed teams in the past. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining XPS Group and contributing to our dynamic workplace.
We think you need these skills to ace Operations Manager Pensions Administration in Bristol
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in pensions administration. We want to see how your skills align with the Operations Manager role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Leadership Skills: As an Operations Manager, you'll be leading a team, so it's crucial to demonstrate your leadership experience. Share examples of how you've motivated and developed teams in the past – we love to see that kind of initiative!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. Remember, we’re looking for quality over quantity, so focus on what really matters.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, it shows us you're keen on joining our team at XPS Group!
How to prepare for a job interview at XPS Group
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of both Defined Benefit and Defined Contribution schemes. Be prepared to discuss specific examples from your experience that demonstrate your understanding of technical pension administration activities.
✨Showcase Your Leadership Skills
As an Operations Manager, you'll need to demonstrate your ability to lead and mentor a diverse team. Think of examples where you've successfully managed HR issues or developed your team's capabilities, and be ready to share these during the interview.
✨Prepare for Client-Facing Scenarios
Since client management is part of the role, practice how you would handle client pitches and negotiations. Prepare to discuss your previous experiences in tendering processes and how you effectively communicated value to clients.
✨Emphasise Your Problem-Solving Abilities
The role requires strong analytical skills, so be ready to talk about how you've tackled challenges in past roles. Think of specific instances where you improved processes or systems, and how those changes benefited the organisation.