At a Glance
- Tasks: Manage pension administration tasks and support team members in a dynamic environment.
- Company: Join XPS Group, a leading UK consultancy in pensions and insurance.
- Benefits: Enjoy competitive salary, flexible holidays, and health benefits.
- Why this job: Make a real impact in the pensions industry while developing your skills.
- Qualifications: A-Level or equivalent, with strong numerical and communication skills.
- Other info: Flexible working, volunteering opportunities, and a commitment to diversity.
The predicted salary is between 30000 - 42000 £ 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.
Location and Employment
- Location: Edinburgh
- Employment Type: Permanent, Full Time
- Grade: Associate
- Hybrid Req: 003334
About The Role
This is a hybrid role with an office presence expected twice per week but will require more office time during the initial settlement period. We are seeking a Pensions Administrator to join our team, providing top-tier administration.
Key Responsibilities
- Handle key pension administration tasks including new entrants, leavers, retirements, transfers, and deaths.
- Maintain and update pension databases and systems accurately.
- Respond to internal and external queries, including those from DWP and HMRC.
- Perform both automated and manual pension benefit calculations.
- Draft and issue customer correspondence using the Electronic Document Management system (EDM).
- Support non-financial updates (e.g. address changes) and assist with checking work as experience grows.
- Collaborate with internal teams and external partners to deliver a comprehensive client service.
- Accurately log time and meet utilisation targets using the Virtual Office system.
Essential Your Profile
- Some office-based experience, ideally within financial services or pensions, is preferred but not essential.
- Basic awareness or understanding of the pensions industry is beneficial.
- Strong numerical aptitude, demonstrated through academic or work experience.
- Proficient in Microsoft Word, Excel, and Outlook.
- Excellent organisational and planning skills, with the ability to prioritise and meet deadlines.
- High attention to detail and accuracy in both written and numerical tasks.
- Strong communication and interpersonal skills, both written and verbal.
- Positive, flexible, and proactive approach to learning and work responsibilities.
- Able to follow procedures, take ownership of tasks, and work effectively in a team.
Qualifications
- Educated to A-Level, Degree, or equivalent standard.
- GCSEs in Maths and English (minimum grade B or equivalent).
- Willingness to study for a relevant pensions qualification (e.g. CPC, DPC, RPC, APMI).
Desirable
- Demonstrates a commitment to a career in pensions administration and continuous improvement.
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 the 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.
Who Are We
To find out more please visit: www.xpsgroup.com
Pensions Administrator employer: XPS Group
Contact Detail:
XPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the pensions industry, attend events, and connect on LinkedIn. 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 researching XPS Group and understanding their values. Be ready to discuss how your skills align with their needs, especially in areas like compliance and communication. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions. Think about your experiences in financial services or pensions, and how they relate to the role of a Pensions Administrator. Confidence is key, so rehearse until you feel comfortable!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the XPS team. Let’s get you that job!
We think you need these skills to ace Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pensions Administrator role. Highlight any relevant experience, especially in financial services or pensions, and showcase your strong numerical skills. We want to see how you fit into 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 administration and how your skills align with our needs. Keep it concise but engaging – we love a good story!
Showcase Your Attention to Detail: In this role, accuracy 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 let that shine through in your written application.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s straightforward and ensures your application gets to the right place. Plus, we’re excited to see what you bring to the table!
How to prepare for a job interview at XPS Group
✨Know Your Pensions Basics
Before heading into the interview, brush up on your understanding of the pensions industry. Familiarise yourself with key terms and concepts, as this will show your genuine interest in the role and help you answer questions confidently.
✨Showcase Your Numerical Skills
Since strong numerical aptitude is essential for a Pensions Administrator, be prepared to discuss any relevant experience or coursework that highlights your skills. You might even want to practice some basic calculations beforehand to demonstrate your proficiency during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and how you handle specific situations. Think of examples from past experiences where you successfully managed tasks under pressure or collaborated with a team, as these will illustrate your proactive approach and organisational skills.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the team dynamics, the training process for new hires, or how success is measured in the role. This not only shows your enthusiasm but also helps you gauge if the company culture aligns with your values.