Principal Pensions Associate

About the role

We are looking for an experienced pensions professional to join Gallagher Benefit Services in Edinburgh as a Principal Pensions Associate. You will be responsible for managing a diverse portfolio of occupational pension schemes, including defined benefit, defined contribution and hybrid plans, and will play a key part in delivering accurate calculations and high‑quality service to our clients and their members.

Key responsibilities

• Administer and oversee a portfolio of DB, DC and hybrid pension schemes, ensuring timely and accurate calculations.
• Allocate cases, perform and review both automated and manual pension calculations.
• Draft and review correspondence, reports and manage pensioner payrolls.
• Provide guidance and training to junior and senior pensions administrators.
• Support the Client Executive team, attend client meetings and contribute to new‑business pitches.
• Communicate with scheme members via email, phone and letters.
• Manage cash‑flows, investments, disinvestments and invoice processing.
• Collaborate with internal support teams and deputise for the Team Leader as required.

Required profile

• Minimum 5 years of experience administering DB, DC or hybrid pension schemes.
• Working towards or holding the Pension Management Institute CPC qualification.
• Proven experience in mentoring or managing team members.
• Strong analytical mindset and ability to explain complex calculations clearly.
• Excellent written and verbal communication skills.
• Ability to prioritize workload to meet deadlines and disclosure requirements.

Required skills

• Proficiency in Microsoft Office (Excel, Word, PowerPoint).

What we offer

• Competitive salary package.
• Opportunities for career progression within a global benefits consultancy.
• Supportive team environment and access to professional development resources.