Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage pensions administration tasks, oversee team performance, and handle complex queries.
- Company: Join XPS Group, a leading UK consulting firm in pensions and insurance.
- Benefits: Enjoy flexible working, competitive salary, bonus scheme, and 25 days holiday.
- Why this job: Be part of a vibrant team that values diversity and supports your professional growth.
- Qualifications: Experience in Defined Contribution schemes and strong IT skills required.
- Other info: Hybrid working available; opportunities for mentoring and personal development.
The predicted salary is between 36000 - 60000 £ per year.
Senior Pensions Administrator – Defined Benefits
Location: Reading
Employment Type: Permanent, Full Time
Grade: Consultant
Hybrid
REQ003403
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 able to 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
#J-18808-Ljbffr
Senior Pensions Administrator employer: XPS Pensions
Contact Detail:
XPS Pensions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pensions Administrator
✨Tip Number 1
Familiarise yourself with the latest pensions legislation and frameworks. Being well-versed in current regulations will not only boost your confidence but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 2
Network with professionals in the pensions administration sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at XPS.
✨Tip Number 3
Showcase your problem-solving skills during interviews by preparing examples of complex pensions queries you've handled. This will highlight your ability to manage challenges effectively, which is crucial for a Senior Pensions Administrator.
✨Tip Number 4
Demonstrate your leadership potential by discussing any mentoring or training experiences you've had. Highlighting your ability to support and develop junior colleagues will align well with the team-oriented culture at XPS.
We think you need these skills to ace Senior Pensions Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Defined Contribution (DC) 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 Compelling Cover Letter: In your cover letter, emphasise your client-focused approach and ability to develop trusting relationships. Mention your familiarity with current pensions legislation and how you can contribute to the team's success at XPS Group.
Showcase Relevant Skills: Clearly outline your IT proficiency, particularly in Microsoft Word, Excel, and Outlook. Highlight your problem-solving skills and your ability to manage workflows effectively, as these are crucial for the Senior Pensions Administrator role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your documents are well-structured and free from typos, as attention to detail is essential in the pensions administration field.
How to prepare for a job interview at XPS Pensions
✨Showcase Your Pensions Knowledge
Make sure to brush up on your knowledge of Defined Contribution (DC) schemes and current pensions legislation. Be prepared to discuss specific examples from your previous experience that demonstrate your understanding and ability to handle complex calculations.
✨Demonstrate Client-Focused Approach
During the interview, highlight your ability to build trusting relationships with clients. Share examples of how you've successfully managed client queries or developed partnerships, showcasing your communication skills and client-centric mindset.
✨Emphasise Team Leadership Skills
As a Senior Pensions Administrator, you'll be expected to mentor and support junior colleagues. Discuss any previous experiences where you've taken on a leadership role, helped train others, or improved team performance, as this will show your capability to lead effectively.
✨Prepare for Technical Questions
Expect to face technical questions related to pensions administration and calculations. Practise explaining your thought process when solving complex queries, and be ready to demonstrate your IT proficiency, particularly in Microsoft Excel, as it’s crucial for the role.