Specialist Recruitment Agency for Payroll and Human Resources jobs.

Vacancy Details

Job TitlePensions Manager
Reference12579
LocationLondon, EC4A 1EN
TypeFinance Permanent
Salary£75,000 to £85,000 per Annum

Details

Exciting opportunity has arisen for an experienced Pensions Manager to oversee the administration and management of company pension schemes and to Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.

Key Responsibilities:

Pension Scheme Management:

  • Oversee the administration and management of company pension schemes, ensuring accuracy and compliance with regulatory requirements.

  • You will be responsible for managing approximately six multi-million-pound pension schemes (a combination of DC/DB/Legacy)

  • Monitor pension scheme performance and work closely with external providers, trustees, and regulators to address any issues or concerns.

Compliance and Governance:

  • Stay abreast of changes in pension legislation and regulations in the UK and Ireland, and ensure that pension schemes remain compliant.

  • Implement and maintain governance frameworks and controls to safeguard pension scheme assets and mitigate risks.

Employee Engagement and Communication:

  • Provide guidance and support to employees on pension matters, including eligibility, contributions, and retirement planning.

  • Develop and deliver communication strategies to educate employees about pension benefits and options, promoting engagement and understanding.

Financial Management:

  • Work closely with finance and accounting teams to manage pension scheme finances, including budgeting, forecasting, and monitoring expenses.

  • Conduct regular reviews of pension scheme costs and performance, identifying opportunities for optimization and cost-saving initiatives.

Team Leadership and Development:

  • Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.

  • Foster a collaborative and inclusive team culture, promoting continuous learning and professional development.

Qualifications and Skills:

  • Bachelor`s degree in finance, business administration, human resources, or a related field. A professional qualification in pensions management (e.g., PMI, CIPP) is highly desirable.

  • Proven experience in pension scheme management, with in-depth knowledge of pension regulations and practices in the UK and Ireland.

  • Strong leadership and people management skills, with the ability to motivate and develop a team.

  • Excellent communication and interpersonal skills, with the ability to engage effectively with employees at all levels.

  • Analytical mindset with strong problem-solving abilities, able to identify and resolve complex pension-related issues.

  • High level of integrity and professionalism, with a commitment to maintaining confidentiality and adhering to ethical standards.

Experience:

  • Minimum of 8+ years of experience in pension management or related roles, with demonstrated experience in managerial capacity.

  • Experience working with pension schemes in the UK and Ireland, preferably in a multi-site or multinational organization.

Basic salary range

  • Base Salary: £75-85k + Bonus (up to 25%)

Benefits package

  • Private medical insurance (you as the primary recipient are covered, additional members of your immediate family can be added as a salary sacrifice).

  • Pension (contribution will be doubled up to 8%)

  • Income protection - 50% of base salary for any sick time off after the first 6 months

  • Life Assurance - 8x annual salary

  • Cycle-to-work - Tax-free (saving you up to 39%) and pay it off over the next year in monthly instalments.