Pensions Consultant Job Description

Pensions Consultant Duties and Responsibilities

Pensions Consultant job description should contain a variety of functions and roles including:

• Overseeing the administration of pension schemes;
• Providing regular reports to pension managers and trustees;
• Keeping clients regularly updated about their pensions and investment products;
• Attending meetings with fund managers, trustees and employee representatives, as well as with other professionals, such as accountants, the solicitors of pensions funds and actuaries;
• Researching the financial market for suitable products and investment funds;
• Calculating the value and performance of funds;
• Reviewing the structure, value and performance of funds;
• Sourcing appropriate investment funds and designing pension and benefits packages to meet the needs of client companies;
• Issuing regular statements to scheme members;
• Helping clients to develop strategies to promote the benefits of their schemes to members;
• Managing the relationship with clients to ensure they are happy with the scheme and investments;
• Keeping up to date with developments in and changes to pensions legislation;
• Advising clients on a range of pensions and investments suitable for their future retirement;
• Explaining complex information to clients to make them aware of their options and to help them assess the relative merits of different schemes;
• Working as part of a team in a sales-driven environment;
• Seeking and attracting new business.

Pensions Consultant Requirements / Skills / Qualifications

Pensions Consultant job description should include these common skills and qualifications:

• A degree in business management, economics, finance, law, mathematics, statistics.
• Excellent communication, customer service and interpersonal skills
• Ability to analyse and research information
• Ability to explain complex information clearly and simply
• Strong numerical and IT skills
• Team working skills
• Customer service skills
• Creative approach to problem solving
• High level of professionalism and personal integrity
• Interest in financial products, services and markets.
• Accuracy and attention to detail
• Organisational skills and the ability to prioritise workloads
• Drive and motivation to meet targets
• Time management skills
• Sales, negotiation and influencing skills

As a hiring manager, recruiting an ideal Pensions Consultant starts with crafting a good job description. Use this Pensions Consultant job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Pensions Consultant may also reference it in preparation for the interview.