At a Glance
- Tasks: Lead strategic pension operations and ensure compliance across the UK and Ireland.
- Company: Join JLL, a global leader in real estate and investment management.
- Benefits: Competitive salary, career growth, and a supportive work environment.
- Why this job: Shape the future of pensions while making a real impact in a dynamic industry.
- Qualifications: 7-10 years in pension management with strong regulatory knowledge.
- Other info: Collaborative culture with opportunities for personal and professional development.
The predicted salary is between 36000 - 60000 £ per year.
JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Position Overview
JLL is seeking an experienced Senior Pensions Manager to lead strategic pension operations across the UK and Ireland. This role requires a subject matter expert who will manage complex defined benefit and defined contribution pension arrangements while ensuring full regulatory compliance and optimising member outcomes.
Key Responsibilities
- Strategic Pension Management
- Develop and implement strategic direction for pension operations across EMEA region, with particular focus on UK and Ireland markets
- Apply industry best practices in alignment with government requirements and regulatory frameworks
- Manage scheme governance structures to meet local jurisdictional requirements
- Maintain comprehensive documentation of current and historical pension arrangements
- JLL Retirement Benefits Scheme Administration
- Serve as primary liaison for the JLL Retirement Benefits Scheme, providing ongoing trustee support
- Attend trustee meetings and prepare annual trustee reports
- Monitor cash flow requirements and coordinate with investment advisors regarding disinvestment strategies
- Handle administration matters requiring trustee input, including early and late retirement cases
- Act as escalation point for complex member queries and benefit calculations
- Regulatory Compliance and Risk Management
- Ensure compliance with all regulatory requirements including Pensions Regulator reporting
- Conduct annual risk assessments and maintain Statement of Investment Principles
- Manage Pension Protection Fund levy calculations and submissions
- Oversee triennial valuation processes and coordinate actuarial requirements
- Ensure adherence to General Code provisions and regulatory best practices
- Stakeholder and Vendor Management
- Manage relationships with internal and external stakeholders including trustees, investment advisers, scheme administrators, and actuaries
- Coordinate with external auditors for annual report and accounts preparation
- Oversee provider relationships either directly or through global broker arrangements
- Review and optimise current provider and vendor management arrangements
- Process invoice settlements for scheme-related expenses
- Principal Employer Relations
- Facilitate communications between JLL Ltd as Principal Employer and scheme trustees
- Coordinate annual update meetings between Principal Employer and trustee representatives
- Manage consultation processes for discretionary pension increases and other employer decisions
- Liaise with Principal Employer advisers on strategic pension matters
- Specialised Knowledge Requirements
- Maintain expertise in legacy arrangements including Industry Wide Coal Workers Staff Superannuation Scheme
- Provide guidance on Fair Deal Transfers from public sector arrangements
- Apply historical knowledge of UK and Ireland defined benefit and defined contribution pension structures
- Support implementation of investment strategy initiatives across pension arrangements
Required Qualifications
- Education and Professional Credentials
- Bachelor's degree in relevant field (Finance, Actuarial Science, Business Administration)
- Professional pension qualification (PMI, APMI, or equivalent) preferred
- Strong understanding of UK pension legislation and regulatory requirements
- Experience
- Minimum 7-10 years experience in pension administration and management
- Proven track record managing both defined benefit and defined contribution arrangements
- Experience working with pension trustees and regulatory bodies
- Background in multi-jurisdictional pension operations preferred
- Technical Skills
- Deep knowledge of UK pension regulatory framework and compliance requirements
- Understanding of investment principles and pension scheme funding mechanisms
- Experience with pension administration systems and processes
- Strong analytical and problem-solving capabilities
- Core Competencies
- Exceptional stakeholder management and communication skills
- Ability to manage complex projects and multiple priorities simultaneously
- Strong attention to detail and commitment to accuracy
- Collaborative approach with ability to work effectively across global teams
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!
UK & Ireland Pensions Manager in London employer: Jones Lang LaSalle Incorporated
Contact Detail:
Jones Lang LaSalle Incorporated Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land UK & Ireland Pensions Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching JLL and its pension operations. Understand their values and how they align with your experience. This will help you stand out and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to regulatory compliance and stakeholder management. Being articulate about your experience will boost your confidence and impress the interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining JLL and contributing to shaping a brighter future in pensions.
We think you need these skills to ace UK & Ireland Pensions Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the UK & Ireland Pensions Manager role. Highlight your relevant experience in pension administration and management, especially with defined benefit and defined contribution arrangements. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention any specific experiences that relate to strategic pension management or regulatory compliance.
Showcase Your Expertise: We love candidates who can demonstrate their knowledge of UK pension legislation and regulatory requirements. Include any professional qualifications you have, like PMI or APMI, and be sure to mention your experience working with pension trustees and regulatory bodies.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to track your application status. Plus, we’re excited to get to know you better through your application!
How to prepare for a job interview at Jones Lang LaSalle Incorporated
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of UK and Ireland pension regulations, especially around defined benefit and defined contribution schemes. Being able to discuss specific compliance requirements and governance structures will show that you're not just familiar with the basics but are a true expert in the field.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle complex member queries or manage relationships with trustees and investment advisers. Think of real-life examples from your past experience where you successfully navigated similar situations, as this will demonstrate your problem-solving skills and stakeholder management abilities.
✨Showcase Your Strategic Thinking
JLL is looking for someone who can develop and implement strategic direction for pension operations. Be ready to discuss your approach to optimising member outcomes and how you've applied industry best practices in previous roles. This will highlight your ability to think critically and strategically.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about JLL's current pension strategies or how they measure success in their pension operations. This shows your genuine interest in the role and helps you gauge if the company aligns with your career goals.