Pension Manager in Somerset

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Flexible Working Options: Hybrid Working, Job Share.

Job Description Summary:

LOCATION: UK wide

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy. We can also consider remote working for the ideal candidate.

What You’ll Be Doing:

We have an exciting opportunity for a dynamic and knowledgeable pensions professional to join us as the Pension Manager for the award‑winning Scottish Widows Master Trust. This is a rewarding role for someone who enjoys working collaboratively and contributing to a well‑established team. The Scottish Widows Master Trust has a strong governance framework and is focused on delivering good outcomes for members. You'll have the opportunity to shape and support the continued development of one of the fastest‑growing Master Trusts in the market. Your depth of pension knowledge and experience, particularly of occupational pension schemes, will mean that you'll start fast and quickly become an integral part of our team. You'll be able to use your knowledge and skills to influence and lead, engaging a wide range of stakeholders.

Why join us?

We’re transforming at pace. Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We’re growing, and we’d love you to be part of the journey.

Key Accountabilities:

As Pension Manager, you'll be working closely with the Board of Trustees, the Scheme Secretariat, Scheme Strategist Committee and other experienced colleagues, all working together to ensure the smooth and efficient running of the Scottish Widows Master Trust. Your responsibilities will include:

• Ensuring successful and timely delivery of: Formal and informal Trustee Board and Scheme Strategist Committee meetings, including agenda setting and completion of accurate minutes.
• Trustee Board and Scheme Strategist Committee meeting papers.
• Chair's Statement, Value for Money assessment, Annual Report and leading and/or participating in ad‑hoc projects and activities.

We're looking for:

• Knowledge and experience of pensions, Master Trusts and the workplace market.
• 10 years’ experience of working with Trustee Boards.
• A strong influencer and negotiator, able to build credibility quickly, manage differing customer views and reach well‑reasoned outcomes.
• Highly effective interpersonal and communication skills, with a proven ability to explain complex or technical issues clearly, tailoring messages for different audiences.
• Proactive and delivery‑focused, demonstrating personal accountability, pace and follow‑through, with the confidence to take ownership of outcomes and drive work forward.
• A confident decision‑maker, who can lead projects end‑to‑end, prioritise effectively, deliver to deadlines in a fast‑paced environment, and see opportunities to improve processes and implement more efficient ways of working.

Highly Desirable Capabilities:

• APMI or equivalent.
• Experience of working with an IGC.

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.

Ready to make an impact? Apply today.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values‑led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.