Pensions Administration Associate Consultant

Careerwebsite; Andover; Hybrid; GBP 32,000 - 46,000; Full time

Benefits offered by this job

Hybrid working

Professional study support

Wellbeing networks

Life assurance

Private medical insurance

Cycle to work scheme

Job summary

LCP in Winchester is seeking an associate consultant to join our pensions administration team. You will manage day-to-day administration of defined benefit schemes for several clients, ensuring tasks are completed in line with our guidelines and client requirements.

You should be well-organised with a good eye for detail and the ability to work independently or as part of a team. A structured career path and comprehensive training are provided.

Qualifications

• DB pensions administration experience within a consultancy environment
• Making good progress towards the APMI qualification
• Educated to A level and degree level or equivalent
• Excellent communication skills and attention to detail

Responsibilities

• Oversee day-to-day administration of defined benefit pension schemes for multiple clients
• Review work of junior members for accuracy and compliance with procedures
• Discuss current pension issues with client teams and flag potential risks
• Maintain knowledge of client rules and benefit structures
• Provide day-to-day client contact and ensure high service levels
• Support training and development of junior staff and assist with workload management
• Monitor internal communications for industry updates
• Assist with resourcing and peak workload planning

Skills

Excellent communication

Attention to detail

Team player

Organised

Education

A level and degree level or equivalent

APMI qualification (progress towards)

Job description

At LCP we love what we do, and it shows. We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology.

We have exciting opportunities to continue you career development in pensions administration in our Winchester office as an associate consultant.

What's the role and what will you be doing?

As an associate consultant in our pensions administration department you will be responsible for the smooth running of the day to day administration of defined benefit pension schemes for several of our clients and, for some if not all of those clients, ensuring that tasks outlined in our guide on the \"day-to-day running of a client\" are completed.

The role requires you to be well-organised, have an aptitude for figure work and great attention to detail. In return you will be offered a structured career path and a full training programme will be provided.

Some of the key tasks and responsibilities for the position are as follows:

• Checking/reviewing work done by more junior team members including method, arithmetic and the overall reasonableness and approach taken
• Developing a full awareness of of our procedures and ensuring that these have been followed when checking/reviewing work
• Demonstrating good working knowledge of current legislation and awareness of proposals that may impact on your clients. You should be able to discuss current issues with junior team members and be able to flag any potential issues for your clients to the client lead/client partner
• Monitoring weekly internal news bulletins that contain industry and legislative updates
• Taking ownership for and ensuring that all compliance matters are completed correctly and in good time
• Developing an in-depth working knowledge of the client's rules, nuances and practices and be aware of current issues that may impact benefit structure and administrative processes, ensuring issues are flagged with the relevant client lead/client partner
• Day to day client contact and their 'go-to' person, taking responsibility for everything that is visible to them and ensuring they are happy and satisfied with the service provided
• Taking a keen interest in the development of more junior team members, assisting them with their work management and delegating work sensibly so that the right people are working on cases considering both fees and experience.
• Keeping your team leader up to date on resourcing and anticipating expected peaks in work
• Assisting with mentoring of junior team members through exams as appropriate
• Building an in-depth knowledge of our pensions administration database and being able to suggest and implement efficiencies as required
• And much more!

What skills, experience and qualities do you need for this position?

• Educated to 'A' level and degree level or equivalent
• Demonstrable DB (defined benefit) pensions administration experience within a consultancy environment
• Making good progress towards the APMI qualification
• Excellent communication skills
• Attention to detail with the ability to manage workloads
• The ability to work on your own but also as part of a team

What's in it for you?

Take a look at our Glassdoor and Career stories pages to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

• Hybrid working (varies by role and department)
• professional study support (where applicable)
• Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks

For your family:

• Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave

For your health:

• 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships, critical illness and dental insurance through our flexible benefits
• Eye care vouchers
• Cycle to work scheme
• Digital GP services

For your wealth:

• Competitive pension scheme
• Discretionary bonus scheme
• High street discounts
• Season ticket loans

For others:

• Volunteering opportunities

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more!

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.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - [email protected] to discuss how we can support you with your application.

Recruitment agencies

LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs or candidate profiles from agencies who are not part of our current PSL. LCP only pay agency fees where we have a signed agreement in place, and the agency has been instructed by a member of our recruitment team to supply CVs via the Applicant Tracking System (ATS) for a legitimate, open vacancy. If this process is not adhered to, LCP reserve the right to contact these candidates directly and have discussions with them without paying any agency fees. We do not pay agency fees when speculative and unsolicited CVs or candidate profiles are submitted to any employee or Partner at LCP.