At a Glance
- Tasks: Support pension governance and manage compliance projects across the UK and Ireland.
- Company: Join a high-performing in-house pensions team dedicated to delivering top-notch service.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Make a real impact while working on critical pension projects and advising stakeholders.
- Qualifications: Solid knowledge of UK pensions legislation and strong analytical skills required.
- Other info: Be the go-to contact for HR and payroll teams on pensions-related issues.
The predicted salary is between 36000 - 60000 £ per year.
Are you looking for the next level role within an in-house pensions team? Are you passionate about delivering a best-in-class service and are you ready to make a difference to an existing high performing team? If you are looking for a new challenge now, we are looking for you.
Job Purpose
Our client is seeking a capable and motivated individual to support the Head of Corporate Pensions in the effective governance, strategic oversight, and delivery of pension provision across the UK and Ireland. This role is key to ensuring compliance with pension legislation, supporting financial reporting processes, and managing a wide range of business-critical pension projects. You’ll also serve as a trusted advisor to internal stakeholders on all aspects of pensions, life assurance, and related benefits.
Key Responsibilities
- Support and lead pension governance and strategic projects across UK&I, ensuring effective delivery and regulatory compliance.
- Manage the end-to-end process for automatic enrolment compliance and triennial re-enrolment across UK entities.
- Provide data and analysis to support pension disclosures in Group and statutory financial statements.
- Assist with de-risking strategies such as trivial commutation and pension increase exchange exercises.
- Support NHS and other external scheme participation, including bulk transfers and contract negotiations.
- Coordinate the collection of notifiable events across UK businesses and liaise with The Pensions Regulator.
- Advise on pensions-related aspects of acquisitions, disposals, and new contracts including TUPE compliance.
- Prepare materials for employee and pension forums, and support ongoing communication with UK divisions.
- Manage life assurance renewals, audits, and handle day-to-day queries and processes.
- Liaise with global teams on executive retirement planning, including Scheme Zero and LTI coordination.
- Lead the annual administration and communication of the Bonus Sacrifice Scheme.
- Act as the go-to contact for HR, payroll, and benefits teams on pensions-related issues across UK businesses.
Your Profile
Solid knowledge of defined benefit and defined contribution schemes, UK pensions legislation, and financial reporting for pensions. Strong planning, analysis, and communication abilities; able to work independently and influence across business functions. Detail-oriented, proactive, resilient, and capable of juggling multiple priorities in a fast-paced environment.
Pensions Specialist (ref: 99329) employer: Sammons Recruitment Group
Contact Detail:
Sammons Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Specialist (ref: 99329)
✨Tip Number 1
Familiarise yourself with the latest UK pensions legislation and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work in corporate settings. Attend relevant seminars or webinars to connect with potential colleagues and learn about best practices in pension governance.
✨Tip Number 3
Prepare to discuss specific projects you've managed or contributed to that relate to pension governance or compliance. Highlighting your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to support financial reporting or compliance in previous roles. This will illustrate your ability to contribute effectively to the team at StudySmarter.
We think you need these skills to ace Pensions Specialist (ref: 99329)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Pensions Specialist role. Familiarise yourself with key terms like 'defined benefit', 'defined contribution', and 'pension legislation' to demonstrate your knowledge in your application.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your knowledge of pension schemes, compliance, and any previous roles where you've managed similar projects or responsibilities.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pensions and your ability to deliver best-in-class service. Use specific examples from your past experiences to illustrate how you can contribute to the team and support the Head of Corporate Pensions.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at Sammons Recruitment Group
✨Showcase Your Knowledge of Pensions Legislation
Make sure to brush up on your understanding of UK pensions legislation. Be prepared to discuss how you have applied this knowledge in previous roles, especially in relation to compliance and governance.
✨Demonstrate Your Analytical Skills
Since the role involves data analysis for pension disclosures, be ready to share examples of how you've successfully managed data in past projects. Highlight any tools or methodologies you used to ensure accuracy and compliance.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about challenges you've faced in pension management and how you navigated them, particularly regarding strategic projects and compliance.
✨Communicate Effectively with Stakeholders
As a trusted advisor, your communication skills will be key. Prepare to discuss how you've effectively communicated complex pension information to various stakeholders, ensuring clarity and understanding across different business functions.