Senior Pensions Consultant
Senior Pensions Consultant

Senior Pensions Consultant

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the management of UK Pension Plans and oversee critical pension-related projects.
  • Company: Join a top financial services firm known for award-winning Pensions & Benefits teams.
  • Benefits: Enjoy a competitive salary, substantial annual bonus, and comprehensive benefits package.
  • Why this job: Be part of a skilled team making impactful decisions in a multi-billion pound asset environment.
  • Qualifications: Extensive experience in UK Pensions Plans and relevant pensions qualifications are essential.
  • Other info: Opportunity to work closely with Trustee Boards and industry advisors.

The predicted salary is between 43200 - 72000 £ per year.

A leading financial services business is now looking to recruit a Senior Pensions Consultant to join them and take on a critical role supporting their UK Pension Plans and manage their legacy DB Plan (closed to future accrual) and their main UK Retirement Plan (a combined DB and DC Plan). Reporting into the EMEA Head of Pensions & Benefits, you’ll join a highly skilled and stable team that consistently win awards within the Pensions & Benefits arena and this role is particularly critical due to the scale and depth of the pension’s asset base (multi £billion). Key duties will be to partner with the Trustee Board to ensure the plans are effectively governed and managed in accordance with UK Pensions legislation (Pensions Act 2021) and facilitate and manage pension related projects for example: investment de-risking and pension insurance, GMP equalisation and rectification, DC design and investment projects as well as advising on the development of the future pension strategy. You’ll

manage relationships with advisors to the Trustee and the business including consulting actuaries, legal advisors and pension plan administrators. You’ll review and monitor the Plan Funding Strategy and liaise with finance to ensure appropriate accounting disclosures are in place and support all aspects of the scheme lifecycle with advisors including statutory disclosures on behalf of the business, determining annual plan salary, validating contribution payments as well as managing the annual Benefit Statement process and salary sacrifice programs.

As a result, the business is looking to meet candidates with extensive experience of managing UK Pensions Plans, either as a pension’s consultant / actuary within a consulting firm or working in-house. A relevant pensions qualification (e.g. APMI / FPMI or have passed / close to qualifying as an actuary) is essential, as is a good understanding of and the application of US GAAP and IAS19 pensions accounting standards. Experience in the operation and management of Trustee boards, ensuring they operate within a governance framework coupled with excellent technical skills with a broad interest and understanding of the legislative, governance and tax environment affecting pension plans in the UK. In addition to the above starting salary, there is a substantial annual bonus and benefits package. In the first instance, please contact Peter Francis at Frazer Jones

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.

Senior Pensions Consultant employer: Frazer Jones

Join a leading financial services business that values expertise and innovation in the pensions sector. As a Senior Pensions Consultant, you'll be part of a highly skilled team recognized for excellence, with opportunities for professional growth and development in a supportive work culture. Enjoy a competitive salary, substantial annual bonus, and a comprehensive benefits package while making a meaningful impact on the governance and management of multi-billion pound pension plans.
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Contact Detail:

Frazer Jones Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pensions Consultant

Tip Number 1

Make sure to familiarize yourself with the latest UK Pensions legislation, especially the Pensions Act 2021. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

Tip Number 2

Network with professionals in the pensions and benefits sector. Attend industry events or join relevant online forums to connect with others who may provide insights or even referrals for the role.

Tip Number 3

Highlight your experience with managing Trustee boards and your understanding of governance frameworks. Be prepared to discuss specific examples of how you've ensured compliance and effective management in previous roles.

Tip Number 4

Showcase your technical skills related to pension accounting standards like US GAAP and IAS19. Being able to discuss these in detail will set you apart from other candidates and show your depth of knowledge.

We think you need these skills to ace Senior Pensions Consultant

Extensive experience in managing UK Pension Plans
Strong understanding of UK Pensions legislation (Pensions Act 2021)
Experience with DB and DC Plan management
Ability to partner with Trustee Boards
Project management skills for pension-related projects
Knowledge of investment de-risking and pension insurance
GMP equalisation and rectification expertise
DC design and investment project experience
Excellent relationship management with advisors and stakeholders
Understanding of Plan Funding Strategy
Proficiency in US GAAP and IAS19 pensions accounting standards
Relevant pensions qualification (e.g. APMI / FPMI or actuary)
Technical skills in pension governance and compliance
Broad interest in legislative, governance, and tax environment affecting pensions

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your extensive experience with UK Pensions Plans. Focus on relevant roles where you've managed pension schemes, emphasizing your qualifications and any specific projects you've led.

Craft a Strong Cover Letter: In your cover letter, express your passion for pensions consulting and detail how your background aligns with the key duties mentioned in the job description. Mention your understanding of UK Pensions legislation and your experience with Trustee boards.

Highlight Relevant Qualifications: Clearly state your relevant pensions qualifications, such as APMI or FPMI, and any progress towards becoming an actuary. This will demonstrate your commitment to the field and your technical expertise.

Showcase Project Management Skills: Provide examples of pension-related projects you have managed, such as investment de-risking or GMP equalisation. Highlight your ability to work with various stakeholders, including advisors and finance teams, to ensure effective governance.

How to prepare for a job interview at Frazer Jones

Understand the Regulatory Framework

Make sure you have a solid grasp of UK Pensions legislation, especially the Pensions Act 2021. Be prepared to discuss how this legislation impacts pension plan governance and management.

Showcase Your Technical Skills

Highlight your technical expertise in pensions accounting standards like US GAAP and IAS19. Be ready to provide examples of how you've applied these standards in previous roles.

Demonstrate Relationship Management Experience

Discuss your experience managing relationships with various stakeholders, including Trustee boards, actuaries, and legal advisors. Provide specific examples of how you've successfully navigated these relationships.

Prepare for Project Management Questions

Expect questions about your experience with pension-related projects such as investment de-risking or GMP equalization. Be ready to outline your approach to managing these projects and any challenges you faced.

Senior Pensions Consultant
Frazer Jones Apply now
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  • Senior Pensions Consultant

    London
    Full-Time
    43200 - 72000 £ / year (est.)
    Apply now

    Application deadline: 2027-01-04

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    Frazer Jones

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