Senior Pensions Administrator

XPS Pensions; Reading; Hybrid; GBP 35,000 - 45,000; Full time

Benefits offered by this job

Competitive salary

Annual discretionary bonus

25 days holiday

Healthcare plans

Pension matching

Job summary

A leading pensions administration firm in Reading seeks an experienced Senior Pensions Administrator. This role involves administering Defined Benefit schemes, performing complex calculations, and supporting junior team members. You will engage in project work, maintain membership records, and ensure compliance with ISO and AAF standards. The ideal candidate will have experience in pensions administration, strong IT skills, and be a confident communicator. Join a vibrant team that supports your professional growth and offers a flexible work environment.

Qualifications

• Experience in Defined Benefit schemes including leavers and transfers.
• Understanding current pensions legislation.
• Ability to perform complex calculations.

Responsibilities

• Train and support junior team members.
• Calculate and dispense scheme benefits.
• Verify and authorize team activities.

Skills

Pensions administration experience

Complex calculations

IT proficiency

Confidence in communication

Problem solving

Organizational skills

Education

Maths and English GCSE grade 4/C or equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

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 [e-mail]. 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