Vacancy Details
Job Title | Pensions Manager |
Reference | 12579 |
Location | London, EC4A 1EN |
Type | Finance 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:
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Oversee the administration and management of company pension schemes, ensuring accuracy and compliance with regulatory requirements.
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You will be responsible for managing approximately six multi-million-pound pension schemes (a combination of DC/DB/Legacy)
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Monitor pension scheme performance and work closely with external providers, trustees, and regulators to address any issues or concerns.
Compliance and Governance:
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Stay abreast of changes in pension legislation and regulations in the UK and Ireland, and ensure that pension schemes remain compliant.
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Implement and maintain governance frameworks and controls to safeguard pension scheme assets and mitigate risks.
Employee Engagement and Communication:
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Provide guidance and support to employees on pension matters, including eligibility, contributions, and retirement planning.
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Develop and deliver communication strategies to educate employees about pension benefits and options, promoting engagement and understanding.
Financial Management:
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Work closely with finance and accounting teams to manage pension scheme finances, including budgeting, forecasting, and monitoring expenses.
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Conduct regular reviews of pension scheme costs and performance, identifying opportunities for optimization and cost-saving initiatives.
Team Leadership and Development:
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Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.
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Foster a collaborative and inclusive team culture, promoting continuous learning and professional development.
Qualifications and Skills:
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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.
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Proven experience in pension scheme management, with in-depth knowledge of pension regulations and practices in the UK and Ireland.
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Strong leadership and people management skills, with the ability to motivate and develop a team.
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Excellent communication and interpersonal skills, with the ability to engage effectively with employees at all levels.
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Analytical mindset with strong problem-solving abilities, able to identify and resolve complex pension-related issues.
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High level of integrity and professionalism, with a commitment to maintaining confidentiality and adhering to ethical standards.
Experience:
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Minimum of 8+ years of experience in pension management or related roles, with demonstrated experience in managerial capacity.
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Experience working with pension schemes in the UK and Ireland, preferably in a multi-site or multinational organization.
Basic salary range
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Base Salary: £75-85k + Bonus (up to 25%)
Benefits package
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Private medical insurance (you as the primary recipient are covered, additional members of your immediate family can be added as a salary sacrifice).
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Pension (contribution will be doubled up to 8%)
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Income protection - 50% of base salary for any sick time off after the first 6 months
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Life Assurance - 8x annual salary
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Cycle-to-work - Tax-free (saving you up to 39%) and pay it off over the next year in monthly instalments.