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Senior Pension Administrator
Job summary
A prominent UK consultancy is seeking a Senior Pensions Administrator in Reading. The ideal candidate will have significant experience in Defined Benefit pensions administration and the ability to train junior colleagues. Responsibilities include verifying team activities and calculating scheme benefits. A competitive salary, bonus, and comprehensive benefits are offered. Join a dynamic workplace focused on inclusion and employee development.
Benefits
Qualifications
- Previous pensions administration experience of Defined Benefit (DB) schemes including leavers, retirements, and transfers.
- Experience of current pensions legislation and framework.
- Self‑motivated and enthusiastic approach to work.
Responsibilities
- Train and support junior team members.
- Calculate and dispense scheme benefits.
- Coordinate with clients and third parties.
Skills
Education
Location: Reading
Employment Type: Permanent, Part Time (2 days a week)
Grade: Consultant
Hybrid
REQ003231
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.
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.
- Train and support junior team members
- Verify and authorise 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
- Prioritise tasks to meet deadlines
- 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 check the 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
- Maths and English GCSE grade 4/C or equivalent
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 a digital GP service. Participating in volunteering events is encouraged with paid volunteer days available. Referral bonuses are offered for introducing suitable candidates to XPS.
Interested candidates should submit applications below or contact recruitment@xpsgroup.com. Join XPS Group and contribute to a dynamic and inclusive workplace.
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.
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.
To find out more please visit: www.xpsgroup.com
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.