Pensions Administrator Apprentice Nottinghamshire County Council

The Pension Fund is looking for 3 candidates to fill our first tranche of apprenticeship positions, joining our team of experienced pension fund administrators. This Scheme will offer opportunity to join a structured programme, you will gain valuable experience, and skills allowing to start your successful career in pension administration industry.

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Closing date: 15 Oct 2023

Apprenticeship summary

  • Annual wage

    £21,189.00

  • Working week

    Monday to Friday 9am to 5pm, shifts.

    Total hours per week: 37.0

  • Expected duration

    21 Months

  • Possible start date

    20 Oct 2023

  • Date posted

    31 Aug 2023

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000195434

  • Positions

    3 available

What will the apprentice be doing?

Pension administrators play a critical role in administering the day-to-day operations of the pension fund. The selected candidate will be involved in a variety of tasks supporting more senior administrators.

On a day-to-day basis a pensions administrator will be involved in:

  • Producing pensions quotations
  • Setting up benefits for the pension fund members, this will include retirement, death, and leaving service before retirement

Other activities will include:

  • Administering transfers of benefits to other funds

There will also be learning about pension legislation, and scheme rules and regulations, as well as using new technologies and systems to administer the members benefits. Pension legislation is always changing and therefore learning never stops.

What training will the apprentice take and what qualification will the apprentice get at the end?

You will achieve Pensions Level 3 Apprenticeship Qualification.

A 100% tailored training and assessment program will be delivered to support you throughout your apprenticeship, (18-months including End Point Assessment) topics covered include:

  • Induction & Personal Development Planning
  • Business Awareness
  • 1a -Introduction to UK Pensions
  • 1b -Types of Provision
  • 2. Regulation and Compliance
  • 3. Scheme design, investments & administration
  • 4a. DB Member events - Starters & Early Leavers
  • 4b. DB Member events – Retirement
  • 4c. DB Member events - Death & Divorce
  • 5a. DC Member events - Starters & Early Leavers
  • 5b. DC Member events – Retirement
  • 5c. DC Member events - Death & Divorce
  • Client Service Delivery
  • Communicating with Honesty and Integrity
  • Team working and collaboration
  • Prioritisation and Accountability
  • Analysis
  • Personal Effectiveness and Adaptability
  • EPA Preparation

What is the expected career progression after this apprenticeship?

On successful completion of the apprenticeship, the role will move to a full-time permanent role within the Pension Administration Team.

A Pension apprenticeshipis very new to the Nottinghamshire Pension Fund, and it is seen that this will be stepping stone for individuals to grow and develop to be the leaders of the future, but also there are opportunities to grow and progress across all 86 Pension funds nationally. 

Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Organisation skills, Customer care skills, Problem solving skills, Presentation skills, Administrative skills, Number skills, Analytical skills, Logical, Team working

Qualifications

GCSE or equivalent Maths and English (Grade 4/C or above) Essential

Things to consider

Our scheme offers you the opportunity to join us on a structured two year programme, where you will take the first steps in pension administration gaining a Thorough understanding of the pension fund, providing you with the skills and knowledge required to become a qualified pension administrator. After the two years and the successful completion of your apprenticeship, you will have the opportunity to move to a permanent position and to grow your career. The pension Industry is a growing opportunity given the national requirements to ensure employees have access to pension benefits in retirement. Whether you are a school leaver, moving on from further education, looking to learn and develop, or interested in a career change we would love to hear from you.

About the employer

The Notingahmshire Pension Fund is one of 86 pension funds which make up the Local Government Pension Scheme (LGPS). The LGPS is the largest defined benefit scheme in England and Wales with a fund value of £340billion. Nottinghamshire Pension Fund looks after 164,000 Scheme Members with over 520 scheme employers and is valued at £6.5billion placing us as one of the larger LGPS funds in the country.

Employer

Nottinghamshire County Council

Address

County Hall

Loughborough Road

Nottingham

NG2 7QP

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Training

Training provider

MBKB LTD

Contact

Nicki Bevan

recruit@mbkbgroup.com

Apprenticeship standard

Pensions administrator

Level 3 (A level)

Before you apply

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