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- Tasks: Manage pension administration tasks and support team members in a dynamic environment.
- Company: Join XPS Group, a leading UK consulting firm with a vibrant culture.
- Benefits: Enjoy competitive salary, flexible holidays, healthcare plans, and a bonus scheme.
- Why this job: Make a real impact in the pensions sector while growing your career.
- Qualifications: Previous experience in pensions administration and strong numerical skills required.
- Other info: Inclusive workplace with excellent training and development opportunities.
The predicted salary is between 36000 - 60000 £ per year.
XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. 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 an experienced Pensions Administrator 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 pensions role where they have gained knowledge and experience of defined contributions, scheme work and performing calculations.
As a Pensions Administrator with XPS you will:
- Updating relevant pension administration databases and systems.
- Logging and scanning post / correspondence.
- Receiving and handling internal and external telephone queries.
- Running automated systems calculations.
- Performing manual benefits calculations.
- Producing ad-hoc letters to ‘draft standards’ using our electronic document management system in response to customer queries or able to complete standard tasks to ‘final letter standards’.
- Monitoring ongoing procedural developments and implementing changes to procedures where required.
- Returning original documentation and certificates to customers.
- Informal training and mentoring of more junior members of the team.
Essential Criteria
- Previous pensions administration experience of Defined Contributions (DC) schemes including leavers, retirements, deaths, transfers in and transfers out.
- Able to demonstrate a basic awareness and / or knowledge of pensions industry.
- Able to demonstrate a numerical aptitude evidenced by work related experience or academic achievements.
- IT proficient, in particular Microsoft Word, Excel & Outlook.
- Educated to a minimum of A Level or Degree or equivalent standard.
- Strong Maths and English GCSE or equivalent qualification - minimum grade B / 6.
- Excellent organisational and planning skills.
- Ability to work in advance of deadlines and prioritising multiple tasks.
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 from retailers and services providers)
- Employee Assistance Programme for you and your household
- Access to a digital GP service
- Paid volunteering day when participating in Company organised events
- Staff referral scheme when you introduce a friend to XPS
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. We will consider all applicants and respond swiftly.
The successful candidate will need to demonstrate the following requirements:
- Right to Work confirmation
- DBS Disclosure check
- Employment or educational references covering five years
- Satisfactory credit check
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
Pensions Administrator in Reading employer: XPS Pensions Group
Contact Detail:
XPS Pensions Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Administrator in Reading
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry, attend relevant events, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings at XPS or other firms.
✨Tip Number 2
Prepare for those interviews! Research common questions for Pensions Administrators and practice your answers. Make sure you can talk confidently about your experience with defined contributions and any relevant calculations you've performed.
✨Tip Number 3
Show off your skills! Bring examples of your work to the interview, whether it’s reports you’ve generated or processes you’ve improved. This will help us see how you can add value to our team at XPS.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Pensions Administrator in Reading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pensions Administrator role. Highlight your experience with defined contributions and any relevant calculations you've performed. We want to see how your skills match what we're looking for!
Showcase Your Skills: Don’t forget to showcase your IT proficiency, especially in Microsoft Word, Excel, and Outlook. Mention any specific projects or tasks where you’ve used these tools effectively. This will help us see your technical side!
Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, so get to the point while still showing your personality!
Apply Through Our Website: Remember to apply directly through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing candidates who follow our process!
How to prepare for a job interview at XPS Pensions Group
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of defined contributions and the specific processes involved. Be ready to discuss your previous experience in pensions administration, especially any calculations or scheme work you've done.
✨Show Off Your IT Skills
Since the role requires proficiency in Microsoft Word, Excel, and Outlook, be prepared to demonstrate your skills. You might even want to mention any specific projects where you used these tools effectively.
✨Prepare for Common Questions
Think about the types of questions you might be asked, such as how you handle multiple tasks or meet deadlines. Have examples ready that showcase your organisational skills and ability to prioritise.
✨Emphasise Teamwork and Mentoring
As the role involves informal training of junior team members, be ready to talk about your experience in mentoring or collaborating with others. Highlight any instances where you helped a colleague or contributed to a team project.