Pensions Specialist (ref: 99329)

Pensions Specialist (ref: 99329)

Luton Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead pension governance and manage compliance projects across the UK and Ireland.
  • Company: Join a high-performing in-house pensions team dedicated to excellence.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
  • Why this job: Make a real impact while working on critical pension projects and advising stakeholders.
  • Qualifications: Solid knowledge of UK pensions legislation and strong analytical skills required.
  • Other info: Reference number 99329 for application.

The predicted salary is between 36000 - 60000 £ per year.

Are you looking for the next level role within an in-house pensions team? Are you passionate about delivering a best-in-class service and are you ready to make a difference to an existing high performing team? If you are looking for a new challenge now, we are looking for you.

Job Purpose

Our client is seeking a capable and motivated individual to support the Head of Corporate Pensions in the effective governance, strategic oversight, and delivery of pension provision across the UK and Ireland. This role is key to ensuring compliance with pension legislation, supporting financial reporting processes, and managing a wide range of business-critical pension projects. You’ll also serve as a trusted advisor to internal stakeholders on all aspects of pensions, life assurance, and related benefits.

Key Responsibilities

  • Support and lead pension governance and strategic projects across UK&I, ensuring effective delivery and regulatory compliance.
  • Manage the end-to-end process for automatic enrolment compliance and triennial re-enrolment across UK entities.
  • Provide data and analysis to support pension disclosures in Group and statutory financial statements.
  • Assist with de-risking strategies such as trivial commutation and pension increase exchange exercises.
  • Support NHS and other external scheme participation, including bulk transfers and contract negotiations.
  • Coordinate the collection of notifiable events across UK businesses and liaise with The Pensions Regulator.
  • Advise on pensions-related aspects of acquisitions, disposals, and new contracts including TUPE compliance.
  • Prepare materials for employee and pension forums, and support ongoing communication with UK divisions.
  • Manage life assurance renewals, audits, and handle day-to-day queries and processes.
  • Liaise with global teams on executive retirement planning, including Scheme Zero and LTI coordination.
  • Lead the annual administration and communication of the Bonus Sacrifice Scheme.
  • Act as the go-to contact for HR, payroll, and benefits teams on pensions-related issues across UK businesses.

Your Profile

  • Solid knowledge of defined benefit and defined contribution schemes, UK pensions legislation, and financial reporting for pensions.
  • Strong planning, analysis, and communication abilities; able to work independently and influence across business functions.
  • Detail-oriented, proactive, resilient, and capable of juggling multiple priorities in a fast-paced environment.

Pensions Specialist (ref: 99329) employer: Sammons Recruitment Group

Join a dynamic in-house pensions team that prioritises excellence and innovation in pension provision across the UK and Ireland. Our company fosters a collaborative work culture, offering extensive employee growth opportunities and a commitment to professional development, ensuring you can thrive in your role as a Pensions Specialist. With a focus on compliance and strategic oversight, you'll play a vital part in delivering impactful solutions while enjoying the benefits of a supportive environment that values your contributions.
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Contact Detail:

Sammons Recruitment Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pensions Specialist (ref: 99329)

✨Tip Number 1

Familiarise yourself with the latest UK pensions legislation and compliance requirements. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.

✨Tip Number 2

Network with professionals in the pensions industry, especially those who work in corporate settings. Attend relevant seminars or webinars to connect with potential colleagues and learn about current trends and challenges in the sector.

✨Tip Number 3

Prepare to discuss specific projects you've managed or contributed to that relate to pension governance or compliance. Highlighting your hands-on experience will set you apart as a candidate who can hit the ground running.

✨Tip Number 4

Showcase your analytical skills by being ready to discuss how you've used data to support financial reporting or decision-making in previous roles. This will illustrate your ability to provide valuable insights in the Pensions Specialist position.

We think you need these skills to ace Pensions Specialist (ref: 99329)

Pensions Legislation Knowledge
Defined Benefit and Defined Contribution Schemes Expertise
Financial Reporting for Pensions
Project Management
Data Analysis
Regulatory Compliance
Communication Skills
Stakeholder Management
Problem-Solving Skills
Attention to Detail
Proactive Approach
Resilience
Ability to Manage Multiple Priorities
Negotiation Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in pensions, governance, and compliance. Use keywords from the job description to demonstrate that you understand the role and its requirements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pensions and your ability to deliver best-in-class service. Mention specific examples of how you've successfully managed pension projects or compliance in the past.

Highlight Relevant Skills: Emphasise your knowledge of defined benefit and defined contribution schemes, as well as your understanding of UK pensions legislation. Include any experience with financial reporting and strategic oversight.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.

How to prepare for a job interview at Sammons Recruitment Group

✨Know Your Pensions Legislation

Make sure you brush up on your knowledge of UK pensions legislation. Being able to discuss recent changes and how they impact pension schemes will show that you're not only knowledgeable but also proactive in staying updated.

✨Demonstrate Your Analytical Skills

Prepare to showcase your analytical abilities by discussing past experiences where you've successfully managed data and provided insights. This is crucial for supporting financial reporting processes, so have specific examples ready.

✨Showcase Your Project Management Experience

Since the role involves managing various pension projects, be ready to talk about your project management skills. Highlight any relevant projects you've led or contributed to, focusing on your ability to ensure compliance and effective delivery.

✨Prepare Questions for the Interviewers

Think of insightful questions to ask during the interview. This could include inquiries about the company's approach to pension governance or how they handle regulatory compliance. It shows your genuine interest in the role and the organisation.

Pensions Specialist (ref: 99329)
Sammons Recruitment Group
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