At a Glance
- Tasks: Lead governance framework, ensure compliance, and manage risk for pension schemes.
- Company: M&G is a savings and investments firm committed to inclusive culture and diverse workforce.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme of 18%, and comprehensive health cover.
- Other info: Experience in Trustee secretariat duties and risk management is essential.
- Why this job: Be a trusted partner to Trustees, enhancing governance and risk management in pension schemes.
- Qualifications: In-depth knowledge of UK occupational pension schemes and regulatory environment required.
The predicted salary is between 55000 - 65000 £ per year.
The Pensions Manager - Governance & Risk will be responsible for maintaining and evolving the governance framework within which the schemes operate, ensuring everything is done to the right regulatory and legislative standards. You will be knowledgeable about best practice and curious about ways in which broader thinking on governance could be deployed to the benefit of the Schemes. As part of your role, you will be a trusted partner to Trustees, ensuring they have the training and support needed to deliver for our members.
Accountabilities
- Lead and develop the governance framework of the schemes, ensuring full compliance with applicable regulatory and legislative requirements.
- Ownership of key processes including production of the annual report and accounts for the schemes, annual audit and mandatory reporting.
- Management of secretarial services to the Trustee Boards to include preparation of agendas, meeting papers and minutes.
- Support trustee effectiveness through training, policy updates and governance planning activities.
- Day to day management of the schemes' risk management framework, including oversight of risk incidents and resolution, performing relevant controls and processes to mitigate risks, and preparing reports for Trustee committees and boards.
- Act as a key point of contact for governance and risk matters with advisers, administrators and other service providers.
Knowledge
- In depth knowledge of UK occupational pension schemes and the regulatory/legislative environment in which they operate.
- Expertise in UK governance requirements and frameworks.
- Knowledge of risk management standards and internal control systems.
- Qualification or part‑qualification towards a recognised UK pensions qualification would be an advantage.
- Good knowledge of Microsoft Office.
- Working knowledge of UK data legislation and compliant practices.
Experience
- Management level experience in pensions governance and risk management.
- Experienced in Trustee secretariat duties.
- Exposure to Trustee Board meetings and able to present credibly to Board level stakeholders.
- Experienced in risk management.
Personal attributes / skills
- Strong analytical skills with the ability to identify themes, risks and emerging issues.
- Ability to interpret regulatory requirements and translate them into practical governance solutions.
- Clear written and verbal communication skills, with the ability to present complex information succinctly.
- Excellent interpersonal and relationship management skills.
- Strong influencing and negotiation skills.
- Collaborative working style with the confidence to provide appropriate challenge.
- Identifies and anticipates need for change.
- Attention to detail and professional judgement.
What we offer
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
- 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
- Market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee‑led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long‑term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks. M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long‑term health conditions, disabilities, or neuro‑divergent conditions. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com
Pensions Manager - Governance & Risk employer: M&G plc
M&G offers a market-leading Inspiring Families policy with paid parental leave and financial wellbeing services. Located in the UK, the firm values diversity and supports employees through various networks. They are also a Disability Confident Leader, welcoming applications from all backgrounds.
