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For Companies At a Glance
- Tasks: Train junior team members and manage pension scheme benefits.
- Company: Join XPS Group, a leading consultancy in pensions and insurance.
- Benefits: Enjoy competitive salary, flexible holidays, and great health perks.
- Why this job: Make a real impact in a dynamic, inclusive workplace.
- Qualifications: Experience in Defined Benefit schemes and strong communication skills.
- Other info: Flexible working options and opportunities for professional development.
The predicted salary is between 36000 - 60000 £ per year.
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.
Location: Reading
Employment Type: Permanent, Part Time (2 days a week)
Grade: Consultant
Hybrid REQ003231
About XPS Group
XPS Group is a prominent 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 Pensions Administration business continues to grow, and we are now looking for an experienced Senior 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 Defined Benefit (DB) pension administration, able to perform manual calculations and check the work of less experienced pensions administrators. 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.
Key Responsibilities
- Train and support junior team members
- Verify and authorize team activities
- Calculate and dispense scheme benefits
- Maintain membership records
- Engage in project work assigned by managers
- Coordinate with clients, actuaries, and third parties
- Offer verbal and written technical insights
- Ensure ISO and AAF accreditation compliance
- Prioritize tasks to meet deadlines
Your Profile
Essential
- Previous pensions administration experience of Defined Benefit (DB) schemes including leavers, final salary, retirements, deaths, transfers in and transfers out.
- Experience of current pensions legislation and framework.
- Able to perform complex calculations and checking work of junior colleagues.
- IT proficient, in particular Microsoft Word, Excel & Outlook.
- Confident communicator and problem solver.
- Self‑motivated and enthusiastic approach to work, in particular taking responsibility for personal and technical continuous professional development.
- An eagerness to take on responsibility and adopt a flexible approach when work pressures are high.
- Able to see projects/tasks through to completion within given timescales.
- Great interpersonal and organisational skills.
Qualifications
- Maths and English GCSE grade 4/C 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.
How to Apply
Interested candidates should submit applications below or contact recruitment@xpsgroup.com. Join XPS Group and contribute to a dynamic and inclusive workplace.
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.
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
Senior Pension Administrator in Reading employer: XPS Pensions
Contact Detail:
XPS Pensions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pension 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 introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Pensions Administrator role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of Defined Benefit schemes and current pensions legislation. We recommend practising common interview questions and even doing mock interviews with friends or colleagues to boost your confidence.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, whether in person or virtually, make sure to highlight your experience with manual calculations and your ability to support junior team members. We want them to see how you can add value to their team!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged. So, get your application in and let’s get you one step closer to that dream job!
We think you need these skills to ace Senior Pension Administrator in Reading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Pension Administrator role. Highlight your experience with Defined Benefit schemes and any relevant calculations you've done. We want to see how your skills match what we're looking for!
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 you can contribute to our team. Keep it concise but engaging – we love a good story!
Show Off Your Skills: Don’t forget to mention your IT proficiency, especially with Microsoft Word, Excel, and Outlook. If you've got any specific examples of how you've used these tools in your previous roles, share them with us!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at XPS Pensions
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit (DB) schemes. Be ready to discuss specific scenarios like leavers, retirements, and transfers. This will show that you’re not just familiar with the terms but can apply them practically.
✨Show Off Your Calculation Skills
Since the role involves performing complex calculations, practice a few examples beforehand. You might be asked to demonstrate your calculation skills during the interview, so being prepared will give you a leg up.
✨Communicate Clearly and Confidently
As a Senior Pensions Administrator, you'll need to communicate technical insights effectively. Practice explaining complex concepts in simple terms, as this will showcase your ability to mentor junior colleagues and engage with clients.
✨Demonstrate Your Organisational Skills
Be ready to discuss how you prioritise tasks and manage deadlines. Share specific examples from your past experience where you successfully coordinated projects or handled multiple responsibilities, as this is crucial for the role.
