At a Glance
- Tasks: Join our team as a Senior Pensions Administrator, managing pension schemes and mentoring junior staff.
- Company: XPS Group is a leading UK consultancy in pensions and insurance, with a vibrant and inclusive culture.
- Benefits: Enjoy competitive salary, flexible working, healthcare plans, and paid volunteer days.
- Other info: We support diversity and offer a welcoming environment for all applicants.
- Why this job: Be part of a dynamic team that prioritises member needs and fosters professional growth.
- Qualifications: Previous experience in Defined Benefit schemes and strong communication skills are essential.
The predicted salary is between 36000 - 60000 £ per year.
Location: Belfast
Grade: Consultant
Employment Type: Permanent (Hybrid)
Key Responsibilities
- Training of other team members
- Assisting less experienced team members
- Checking and authorising other team members’ work
- Meeting deadlines
- Calculation and payment of scheme benefits in accordance with the Rules
- Maintenance of membership records and other documentation
- Understanding and application of benefit structures, Trust Deed & Rules, current pensions legislation, PSO and Disclosure requirements
- Project work as directed by Team Leader or Manager
- Liaison with Client, Scheme Actuary, Consultants, Providers, Pension Payroll Members and third parties
- Provision of technical information both verbally and in writing
- Compliance with ISO and AAF accreditations
- Completing updates to the database to ensure that records are accurately maintained
- Dealing confidently with member enquiries by phone, email, and letter
- Providing general support to the Administration team/manager
- Ensuring that work is prioritised correctly so that target dates are met
Essential - Your Profile
- Previous experience within a similar role dealing with DB schemes
- Experience within the pensions’ industry
- Able to demonstrate ownership, responsibility, and accountability for self
- Be organised, methodical and logical in approach to delegated responsibilities
- Able to assist with developing a culture of high standards, excellent quality and customer responsiveness
- Able to develop administrators and administrative processes
- Be well organised and be a point of reference for knowledge
- Able to plan and then be flexible with that plan
- Be proactive, having drive and commitment
- Able to communicate effectively
- Has a can-do attitude and takes pride in work
- Pays attention to detail
- Computer literate in the use of MS Office products, such as Excel and Word
Qualifications
- Strong Maths and English GCSE or equivalent qualification - minimum grade B/6 or equivalent
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.
Equal Opportunity 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.
Senior Pensions Administrator in Belfast employer: XPS Group
XPS Group is an excellent employer, offering a dynamic work culture in the heart of Newcastle with the flexibility of hybrid working. Employees benefit from competitive salaries, annual bonuses, and a commitment to diversity, alongside ample opportunities for personal and professional growth within a supportive team environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pensions Administrator in Belfast
✨Tip Number 1
Familiarise yourself with the latest pensions legislation and frameworks, especially regarding Defined Benefit schemes. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with current or former employees of XPS Group on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations, which can be a great advantage during your application process.
✨Tip Number 3
Prepare for potential interview questions by practising how you would handle complex pensions queries. Being able to articulate your problem-solving approach will showcase your expertise and confidence in the role.
✨Tip Number 4
Highlight any experience you have in mentoring or training junior staff during your discussions. This aligns well with the responsibilities of the Senior Pensions Administrator role and shows your leadership capabilities.
We think you need these skills to ace Senior Pensions Administrator in Belfast
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in Defined Benefit (DB) pension administration. Include specific examples of manual calculations you've performed and any leadership roles you've taken on, especially in mentoring junior colleagues.
Craft a Strong Cover Letter:In your cover letter, express your enthusiasm for the role at XPS Group. Mention how your skills align with their focus on client relationships and your ability to handle complex pensions queries. Be sure to convey your understanding of current pensions legislation.
Showcase Relevant Skills:Emphasise your IT proficiency, particularly with Microsoft Word, Excel, and Outlook. Highlight your problem-solving abilities and communication skills, as these are crucial for the Senior Pensions Administrator role.
Proofread Your Application:Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential in pensions administration.
How to prepare for a job interview at XPS Group
✨Know Your Pensions Legislation
Make sure you're up to date with current pensions legislation and frameworks. Being able to discuss recent changes or trends in the pensions industry will show your expertise and commitment to the field.
✨Demonstrate Your Calculation Skills
Since the role requires performing complex calculations, be prepared to showcase your skills. You might be asked to solve a calculation on the spot, so practice common pension scenarios beforehand.
✨Showcase Your Communication Skills
As a Senior Pensions Administrator, you'll need to communicate effectively with clients and team members. Prepare examples of how you've successfully handled complex queries or built relationships with clients in the past.
✨Highlight Your Team Leadership Experience
This role involves mentoring junior colleagues and overseeing workflows. Be ready to discuss your experience in leading teams, providing support, and how you’ve contributed to a positive team environment.
