Business Development Executive - Pensions
Business Development Executive - Pensions

Business Development Executive - Pensions

Reading Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Business Development Executive, driving sales in the pensions sector.
  • Company: XPS Group is a leading UK consulting firm specialising in pensions and insurance.
  • Benefits: Enjoy flexible working, competitive salary, bonus schemes, and 25 days holiday.
  • Why this job: Be part of a vibrant culture that values diversity and supports your growth.
  • Qualifications: Experience in pensions administration and strong communication skills are essential.
  • Other info: We offer a guaranteed interview scheme for candidates with disabilities.

The predicted salary is between 36000 - 60000 £ per year.

At XPS Group we operate a hybrid/flexible working style. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of sex, race, disability, sexual orientation, religion or belief. As part of our Disability Confident pledge we run the ‘Offer an interview’ scheme at XPS. If you have a disability and meet the ‘essential criteria’ described in the person specification for the role being applied for, you are guaranteed an interview.

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. At XPS, our vision is to create a vibrant place to work where difference is recognised as a strength and where talented people can flourish and achieve their highest potential. Our Pensions Administration business continues to grow and we are now looking for a Business Development Executive to join our vibrant Reading office with hybrid working.

This is an exciting role and would most likely suit someone with previous experience in a similar role where they have gained a thorough knowledge of the pensions administration industry. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 88 with assets over £1bn. We also provide wider ranging support to insurance companies in the life and bulk annuities sector.

Our people drive our success and as an XPS employee you can bring your whole self to work - Everyone is treated equally and with respect. We will provide you with the support and training you need to grow and be at your very best. It’s about inclusion and diversity, ensuring all our people feel included, that they belong to XPS and that they’re happy. Above all, it’s about ensuring everyone has a voice and feels valued.

The Team: Our award-winning pensions administration business puts scheme members at the heart of everything we do. Our services include scheme administration, first-time outsourcing, member communications and scam protection.

The Role: As a Business Development Executive with XPS you will:

  • Support the Admin New Business Team in the 'sales/new business' lifecycle across the private and public sectors; from the identification stages, fact-finding, developing and executing the sales strategy, attending prospect meetings and understanding clients' needs ensuring XPS Admin is able to provide effective solutions.
  • Work closely with the Central Bid Team to ensure materials are formatted correctly, the sales process is managed effectively, and deadlines are adhered to.
  • Work closely with the ‘admin owner’ of a proposal to ensure that it is of the best quality. This includes making sure all tender questions are sufficiently answered and proof-reading documents before submission.
  • Help develop creative documents, pitches and propositions.
  • Develop the wider skills of XPS Admin employees in 'new business pitches' to ensure increased conversion from 'opportunities' to 'sales'.
  • Proactively follow up leads generated from within XPS Admin and the wider Group.
  • Produce to agreed timescales, all reports required by the Admin New Business Team.
  • Prepare the first draft of pricing for tenders for review by the Admin New Business Team.
  • Work with the marketing team to promote XPS Admin’s services with effective use of social media, PR networking, technical briefings, seminars etc.

Your profile:

Essential Criteria:

  • Able to demonstrate a thorough knowledge of the pensions administration industry.
  • IT proficient, in particular Microsoft Word, Excel, Outlook & PowerPoint.
  • Able to demonstrate resilience and the ability to work to strict deadlines.
  • Highly organised with the ability to prioritise work and effectively manage your own workload whilst still working as part of a team.
  • Excellent oral communication skills with the ability to work well with a variety of people at all levels, including senior executives within the business.
  • Excellent attention to detail in written material.
  • A high degree of professional integrity.
  • Able to demonstrate analytical and problem-solving skills.

Desirable Criteria:

  • Previous track record gained in a comparable sales and business development role would be advantageous.
  • Previous experience of delivering presentations in client facing situations is of distinct advantage.

What we offer:

  • Competitive salary
  • Participation in annual discretionary Bonus Scheme
  • 25 days holiday plus flexibility to buy or sell holiday
  • Flexible Bank holidays
  • Pension scheme, matching contribution structure
  • Healthcare cash plan
  • Flexible Benefits Scheme to support you in and out of work
  • Life Assurance cover, four times basic salary
  • XPS Rewards (offers High Street discounts and savings)
  • Employee Assistance Programme for you and your household
  • Paid volunteering day when participating in Company organised events

What next: If you feel XPS could be the next step on your career ladder, please apply directly via the links provided and we look forward to learning more about you.

Business Development Executive - Pensions employer: XPS Group

XPS Group is an exceptional employer, offering a vibrant and inclusive work environment in Reading where diversity is celebrated and employees are empowered to reach their full potential. With a strong focus on employee growth, competitive benefits including a discretionary bonus scheme, flexible working arrangements, and a commitment to well-being, XPS ensures that every team member feels valued and supported in their career journey.
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Contact Detail:

XPS Group Recruiting Team

recruitment@xpsgroup.com

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Executive - Pensions

✨Tip Number 1

Familiarise yourself with the pensions administration industry. Understanding the key players, trends, and challenges will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the pensions sector. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at XPS Group.

✨Tip Number 3

Prepare for the interview by practising your presentation skills. Since the role involves client-facing situations, being able to communicate effectively and confidently is crucial.

✨Tip Number 4

Research XPS Group's recent projects and initiatives. Being knowledgeable about their work will allow you to tailor your responses during the interview and show that you're proactive.

We think you need these skills to ace Business Development Executive - Pensions

Pensions Administration Knowledge
Sales Strategy Development
Bid Management
Proposal Documentation
Presentation Skills
Client Relationship Management
Analytical Skills
Attention to Detail
Project Management
Microsoft Office Proficiency (Word, Excel, Outlook, PowerPoint)
Time Management
Communication Skills
Team Collaboration
Problem-Solving Skills
Resilience

Some tips for your application 🫡

Understand the Role: Before applying, make sure you thoroughly understand the responsibilities of a Business Development Executive in the pensions sector. Tailor your application to highlight relevant experience and skills that align with the job description.

Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles or projects that demonstrate your knowledge of the pensions administration industry. Use specific examples to showcase your achievements and how they relate to the requirements of the role.

Craft a Strong Cover Letter: Your cover letter should not only express your interest in the position but also explain why you are a great fit for XPS Group. Mention your understanding of their values, such as inclusion and diversity, and how you can contribute to their vibrant workplace.

Proofread Your Application: Attention to detail is crucial for this role. Before submitting your application, carefully proofread all documents to ensure there are no spelling or grammatical errors. A polished application reflects your professionalism and commitment.

How to prepare for a job interview at XPS Group

✨Know Your Pensions Administration

Make sure you have a solid understanding of the pensions administration industry. Brush up on key concepts, recent trends, and challenges in the sector. This knowledge will help you answer questions confidently and demonstrate your expertise.

✨Showcase Your Communication Skills

As a Business Development Executive, you'll need excellent oral communication skills. Practice articulating your thoughts clearly and adjusting your communication style based on your audience. Consider doing mock interviews to refine your delivery.

✨Prepare for the Bid Management Lifecycle

Familiarise yourself with the bid management process, including how to produce bids and proposal documentation. Be ready to discuss any relevant experience you have in this area, as it will be crucial for the role.

✨Demonstrate Organisational Skills

Highlight your ability to manage multiple projects and prioritise tasks effectively. Prepare examples from your past experiences where you successfully juggled various responsibilities while meeting deadlines.

Business Development Executive - Pensions
XPS Group
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