Pensions Manager

Exciting opportunity has arisen for an experienced Pensions Manager to oversee the administration and management of company pension schemes and to Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.

Increase your chances of reaching the interview stage by reading the complete job description and applying promptly.

Key Responsibilities:

Pension Scheme Management:

* Oversee the administration and management of company pension schemes, ensuring accuracy and compliance with regulatory requirements.

* You will be responsible for managing approximately six multi-million-pound pension schemes (a combination of DC/DB/Legacy)

* Monitor pension scheme performance and work closely with external providers, trustees, and regulators to address any issues or concerns.

Compliance and Governance:

* Stay abreast of changes in pension legislation and regulations in the UK and Ireland, and ensure that pension schemes remain compliant.

* Implement and maintain governance frameworks and controls to safeguard pension scheme assets and mitigate risks.

Employee Engagement and Communication:

* Provide guidance and support to employees on pension matters, including eligibility, contributions, and retirement planning.

* Develop and deliver communication strategies to educate employees about pension benefits and options, promoting engagement and understanding.

Financial Management:

* Work closely with finance and accounting teams to manage pension scheme finances, including budgeting, forecasting, and monitoring expenses.

* Conduct regular reviews of pension scheme costs and performance, identifying opportunities for optimization and cost-saving initiatives.

Team Leadership and Development:

* Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.

* Foster a collaborative and inclusive team culture, promoting continuous learning and professional development.

Qualifications and Skills:

* Bachelor\’s degree in finance, business administration, human resources, or a related field. A professional qualification in pensions management (e.g., PMI, CIPP) is highly desirable.

* Proven experience in pension scheme management, with in-depth knowledge of pension regulations and practices in the UK and Ireland.

* Strong leadership and people management skills, with the ability to motivate and develop a team.

* Excellent communication and interpersonal skills, with the ability to engage effectively with employees at all levels.

* Analytical mindset with strong problem-solving abilities, able to identify and resolve complex pension-related issues.

* High level of integrity and professionalism, with a commitment to maintaining confidentiality and adhering to ethical standards.

Experience:

* Minimum of 8+ years of experience in pension management or related roles, with demonstrated experience in managerial capacity.

* Experience working with pension schemes in the UK and Ireland, preferably in a multi-site or multinational organization.

Basic salary range

* Base Salary: £75-85k + Bonus (up to 25%)

Benefits package

* Private medical insurance (you as the primary recipient are covered, additional members of your immediate family can be added as a salary sacrifice).

* Pension (contribution will be doubled up to 8%)

* Income protection – 50% of base salary for any sick time off after the first 6 months

* Life Assurance – 8x annual salary

* Cycle-to-work – Tax-free (saving you up to 39%) and pay it off over the next year in monthly instalments