At a Glance
- Tasks: Support pension schemes and advise clients on governance and best practices.
- Company: Join an award-winning consultancy known for its diverse and inclusive culture.
- Benefits: Enjoy hybrid working, professional development, and a comprehensive wellbeing package.
- Why this job: Make a real impact in the pensions industry while developing your skills.
- Qualifications: Experience in pensions consulting and strong communication skills are essential.
- Other info: Be part of a fun, collaborative team with excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
LCP is an award-winning consultancy providing advice on pensions, investments, insurance, energy, health analytics and employee benefits.
The Pensions Management Consulting (PMC) practice is a growing and successful department, currently based in London. We provide a wide range of consultancy services to pension schemes of all shapes and sizes and advise both trustee and corporate clients. We are committed to delivering services of the highest quality and work closely with our clients to make sure the pension schemes we advise are run as well as possible.
We are a diverse and inclusive team of 26 staff members and partners known for our drive, energy and enthusiasm. Our backgrounds include pensions administration, pensions actuarial, in-house roles, legal and governance. We place great emphasis on the investment and development of our staff, who are at the core of what we do and our continued success. We are looking for bright and enthusiastic individuals to further strengthen our department.
Some of our key services and activities include:
- Helping our clients manage and run their pension schemes effectively, which often involves acting as the named trustee secretary and advising on all aspects of scheme governance.
- Advising on best practice for pension schemes by running interactive exercises to help trustees and sponsors assess their effectiveness and implement improvements.
- Designing and leading bespoke procurement exercises for our clients, requiring us to be experts in numerous areas of the market and undertake detailed research with the various service providers.
- Project managing a wide variety of projects for our clients, for LCP, and for the wider pensions industry.
- Client relationship management – we develop very close relationships with the clients and other advisers that we work with.
What will you be doing?
- Work with colleagues across the department and wider firm to deliver all aspects of trustee secretarial support to ongoing clients.
- Take on individual named Trustee Secretary appointments.
- Participate in the development of LCP's governance services and deliver governance consulting services to clients to ensure best practice with regulation and industry guidance.
- Work with colleagues to deliver standalone project support to clients including adviser procurement.
- Act as the main point of contact for some clients.
- Participate in new business tenders and pitches and contribute to the development and marketing of PMC services.
- Provide in-house support to clients from time to time as required; this may be in the capacity of pensions manager, Trustee Secretary or pensions team member.
- Take responsibility for managing own workloads, effectively managing client relationships and demonstrating a high level of self-motivation to seek new opportunities for development.
- Play an active role in the development of junior department staff (possibly including line management and appraisal duties).
What skills, qualities and experience are we looking for?
You must have extensive experience providing pensions consulting support either in-house or at another consultancy. You will be expected to demonstrate an understanding of all aspects of running a pension scheme and provide examples of having helped schemes meet their regulatory obligations and solve problems. We would anticipate experience in some or most of the following areas:
- Organising trustee meetings, drafting agendas, producing meeting packs, preparing trustee papers, attending meetings, presenting items, producing minutes and producing and managing actions logs.
- Managing Member Nominated Trustee exercises.
- Putting in place and reviewing risk registers.
- Dealing with regulatory bodies and third parties.
- Monitoring invoices and budgets and managing audit processes.
- Dealing with Internal Disputes Resolution Procedures.
- Helping schemes develop their response to regulatory initiatives (e.g. The Pensions Regulator's General Code of Practice).
- Delivering project and change management, advice and support.
- Acting as an interim pensions manager for schemes.
- Providing strategic direction to either trustees or corporates.
- Carrying out trustee effectiveness reviews.
- An interest in trustee governance and best practice.
- Carrying out marketing activity.
You will also have the following qualities and/or experience:
- Ideally you will hold a professional pensions qualification (e.g. APMI or FPMI).
- Ability to build and manage relations with clients and internal colleagues.
- Be flexible and adaptable to work demands as needed from time to time.
- Good communication skills, in both written and oral form and experience in delivering presentations.
- Experience working to deadlines, demonstrating effective project management skills.
- Commercial awareness and be able to proactively seek out opportunities.
- An eagerness to work collaboratively in a team environment and be involved in team discussions.
What's in it for you?
As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:
- Hybrid working (varies by role and department).
- Professional study support (where applicable).
- Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks.
- Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave.
- 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday.
- Private medical insurance.
- Discounted gym memberships, critical illness and dental insurance through our flexible benefits.
- Digital GP services.
- Discretionary bonus scheme.
- Volunteering opportunities.
We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.
LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application.
Pensions Management Consulting - Consultant in London employer: Lane Clark & Peacock LLP
Contact Detail:
Lane Clark & Peacock LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Management Consulting - Consultant 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. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by researching LCP and their approach to pensions management consulting. Show us you understand our values and how you can contribute to our diverse team. Tailor your responses to highlight your relevant experience and skills.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to boost your confidence. Focus on articulating your experience in managing pension schemes and your understanding of governance best practices.
✨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 us you're genuinely interested in joining our award-winning team at LCP.
We think you need these skills to ace Pensions Management Consulting - Consultant in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Pensions Management Consulting role. Highlight your relevant experience in pensions consulting and any specific skills that match the job description. We want to see how you can bring value to our team!
Showcase Your Experience: When detailing your past roles, focus on your achievements in managing pension schemes and working with clients. Use specific examples to demonstrate your understanding of governance and regulatory obligations. This will help us see your potential impact at LCP.
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to understand your qualifications and enthusiasm for the role.
Apply Through Our Website: We encourage you to submit your application directly through our website. This ensures that your application is received promptly and allows us to process it efficiently. Plus, it’s the best way to stay updated on your application status!
How to prepare for a job interview at Lane Clark & Peacock LLP
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of pensions management and consulting. Be prepared to discuss specific examples from your experience that demonstrate your understanding of running pension schemes, regulatory obligations, and best practices. This will show the interviewers that you’re not just familiar with the theory but can apply it in real-world scenarios.
✨Showcase Your Project Management Skills
Since project management is a key part of the role, come ready to share examples of projects you've managed. Highlight how you organised trustee meetings, dealt with regulatory bodies, or implemented changes. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.
✨Demonstrate Your Client Relationship Skills
Client relationship management is crucial in this role. Prepare to discuss how you've built and maintained relationships with clients in the past. Think about specific instances where you’ve gone above and beyond to meet client needs or resolve issues, as this will illustrate your commitment to excellent service.
✨Be Ready for Team Dynamics
This position requires collaboration with colleagues across various departments. Be prepared to talk about your experience working in teams, how you contribute to team discussions, and any leadership roles you've taken on. Showing that you can work well with others and support junior staff will resonate well with the interviewers.