At a Glance
- Tasks: Manage a multi-billion-pound pension arrangement and support funding discussions.
- Company: Join a leading HR team making a significant impact in the pensions landscape.
- Benefits: Enjoy flexible working, professional development, and a supportive work environment.
- Why this job: Be a key player in strategic projects and drive positive change in pensions.
- Qualifications: Newly Actuarially qualified with experience in UK pensions and strong relationship-building skills.
- Other info: This role offers a hybrid working model and opportunities for collaboration.
The predicted salary is between 43200 - 72000 £ per year.
In this pivotal role, you will be instrumental in managing a multi-billion-pound pension arrangement, ensuring that both current and former employees receive the benefits they deserve. Key Responsibilities: Support funding discussions, including valuation negotiations, with trustees of the company\’s UK DB plans. Lead actuarial input into year-end and mid-year IAS19 company accounting, managing key advisors, auditors, and internal finance teams. Monitor and report on pension scheme performance, providing pensions forecasting information to the wider business. Support the pensions aspects of company-wide projects, such as mergers, acquisitions, divestitures, and restructurings. Act as a subject matter expert, providing strategic and best-practice solutions to reduce risk and cost. Develop long-term strategic priorities and business plans for Group Pensions. Plan and implement approved initiatives, either as a subject matter expert or part of a working party. Act as an internal consultant to HR on pension matters, supporting benefit programmes and pay and benefit negotiations with Unions. Manage internal pension communication, maintain online pensions resources, and produce articles on UK pension changes. Liaise with the payroll team, third-party administrators, and trustee support team on day-to-day pensions queries. Job Requirements: Newly Actuarially qualified, with significant experience. Detailed technical knowledge of UK pensions plans and innovative problem-solving skills. Ability to develop trusted relationships with key stakeholders, such as pension scheme trustees. Experience acting as an internal consultant to HR, managing internal pension communications, and providing updates to trade union forums. Strong relationship-building skills to liaise with trustees, HR, payroll teams, third-party administrators, and other key stakeholders effectively. Proven ability to work effectively in cross-functional teams and understand the role of pensions within the broader business strategy. Benefits: Opportunity to work in a dynamic and impactful role within a leading HR team Professional development and training opportunities Flexible working arrangements with a hybrid working model A supportive and collaborative work environment If you are a passionate and experienced Pensions Strategy Manager seeking a new opportunity to drive positive change in the pension landscape, we would love to hear from you. Apply now to become a vital part of our client\’s innovative HR team
Pensions Strategy Manager employer: Barclay Meade
Contact Detail:
Barclay Meade Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Strategy Manager
✨Tip Number 1
Network with professionals in the pensions industry, especially those who have experience with UK DB plans. Attend relevant conferences or webinars to meet potential colleagues and learn about the latest trends in pension management.
✨Tip Number 2
Familiarise yourself with the specific challenges and opportunities facing pension schemes today, particularly in relation to funding discussions and IAS19 accounting. This knowledge will help you engage in meaningful conversations during interviews.
✨Tip Number 3
Demonstrate your ability to build relationships by reaching out to current or former employees of the company. Understanding their experiences can provide valuable insights and show your commitment to fostering a collaborative environment.
✨Tip Number 4
Prepare to discuss your experience as an internal consultant, particularly how you've managed communications and supported negotiations with unions. Highlighting these skills will showcase your readiness for the role and your understanding of its complexities.
We think you need these skills to ace Pensions Strategy Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your actuarial qualifications and relevant experience in managing pension schemes. Emphasise your technical knowledge of UK pensions and any specific achievements that demonstrate your problem-solving skills.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your background aligns with the responsibilities outlined in the job description. Mention your experience in liaising with stakeholders and your ability to provide strategic solutions.
Showcase Relevant Experience: When detailing your work history, focus on roles where you acted as an internal consultant or managed pension communications. Use specific examples to illustrate your relationship-building skills and your contributions to cross-functional teams.
Highlight Continuous Learning: Mention any professional development or training you've undertaken related to pensions or actuarial science. This shows your commitment to staying updated in the field and your readiness to contribute to the company's innovative HR team.
How to prepare for a job interview at Barclay Meade
✨Showcase Your Actuarial Expertise
As a newly actuarially qualified candidate, be prepared to discuss your technical knowledge of UK pension plans in detail. Highlight specific examples from your experience that demonstrate your problem-solving skills and how you've successfully navigated complex pension scenarios.
✨Build Rapport with Stakeholders
Since the role requires developing trusted relationships with key stakeholders, practice how you would approach discussions with pension scheme trustees and HR teams. Be ready to share strategies you've used in the past to foster collaboration and trust.
✨Demonstrate Cross-Functional Teamwork
The ability to work effectively in cross-functional teams is crucial. Prepare examples of past projects where you collaborated with different departments, showcasing your understanding of how pensions fit into the broader business strategy.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions related to funding discussions, mergers, or restructurings. Think through potential challenges and your strategic responses, demonstrating your ability to provide best-practice solutions that reduce risk and cost.