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Pensions Administrator Level 3 Apprenticeship

Course code: P13774

Subject area: Accounting and Finance

Study level: Apprenticeship

Course level: 3

Course details

Course time:

Various - 17:00

Course date:

Various - 31st Jul 2030

Course location:

Off Site

Contact details

Email:

apprenticeships@abingdon-witney.ac.uk

Phone:

01235 216 216

Pensions administrators support organisations to manage the day-to-day operation of pension schemes or plans. They are likely to be involved in a variety of tasks supporting more senior administrators.
A pensions administrator will be involved in producing quotations and setting up benefits for members or plan holders, administer transfers into or out of the pension schemes. The pensions administrator will also undertake financial tasks. These may include maintaining pension scheme cash books; reconciling bank statements and preparing cash-flow forecasts. Pensions Administrators can work in almost any sector.
What next?
The pensions administration role may be a gateway to further career opportunities, such as senior financial roles.
Entry criteria
Applicants are required to have a grade A*- C / 9 - 4 in Maths, or equivalent, and will need to demonstrate the ability to achieve all elements of the apprenticeship during their programme, including working in a suitable job role.
Fee information
Free to apprentices. This apprenticeship has a 拢9,000 funding band. Small companies will need to make a contribution of 拢450; large companies could pay through the apprenticeship levy if they have funds available.
Qualifications received
Qualifications included:

鈥 Level 2 Functional Skills in English (if required)

鈥 Level 3 Payroll Administrator Apprenticeship

User skills
鈥 Ability to deliver expected customer service establishing customer needs, in line with the service standards and the regulatory framework

鈥 Can deliver pensions administrative tasks that meet the required quality standards as set out by the organisation.

鈥 Able to tailor the use of interpersonal skills and communication channels to meet the needs of stakeholders

鈥 Able to work in a team and collaborate to support colleagues to achieve results

鈥 Can plan, manage and prioritise own workload effectively

鈥 Ability to identify pension problems, identify the appropriate course of action and suggest or support solutions

鈥 Able to use digital systems and applications safely and securely, in accordance with data security policies

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