At a Glance
- Tasks: Influence the strategic direction of pensions regulation and uphold governance standards.
- Company: The Pensions Regulator, dedicated to protecting members' benefits in workplace pensions.
- Benefits: Opportunity to shape policy and make a real difference in the pensions sector.
- Other info: Based in Brighton, with opportunities for collaboration and professional growth.
- Why this job: Join a dynamic Board and contribute to safeguarding retirement outcomes for millions.
- Qualifications: Experience in financial services or regulated environments, with strong communication skills.
The predicted salary is between 75000 - 117800 £ per year.
The Pensions Regulator (TPR) is the UK’s regulator of workplace pensions, dedicated to protecting members’ benefits and promoting high standards across the pensions industry. TPR works to ensure that employers, trustees, and pension providers meet their obligations, safeguarding retirement outcomes for millions of savers.
DWP are seeking two Non-Executive Directors to join TPR’s Board. These roles offer an opportunity to influence the strategic direction, provide independent challenge, and uphold governance in a dynamic regulatory environment.
The successful candidates will contribute to the Board’s role in leading TPR, with the opportunity to influence the future direction of pensions regulation in Great Britain.
Key responsibilities- Helping lead the work of TPR by operating effectively as a Board Member and contributing to Board meetings and discussions;
- Chairing or participating in the activities of Board Committees;
- Building and maintaining effective working relationships with a broad range of networks and stakeholders;
- Providing guidance on financial management and ensuring the effective scrutiny of TPR’s financial practices, in line with public sector accountability standards;
- Representing TPR externally, acting collectively in representing its decisions to stakeholders and the general public;
- Acting as a critical friend to TPR’s senior staff, particularly in their area of expertise;
- Demonstrating a commitment to the Seven Principles of Public life.
TPR’s statutory objectives are set out in the Pensions Act 2004:
- To protect the benefits of members of occupational pension schemes;
- To protect the benefits of members of personal pension schemes where direct payment arrangements are in place;
- To reduce the risk of situations arising which may lead to compensation being payable from the Pension Protection Fund (PPF);
- To minimise any adverse impact on the sustainable growth of an employer in relation to its functions for DB scheme funding only;
- To maximise employer compliance with employer duties and the employment safeguards introduced by the Pensions Act 2008;
- To promote, and to improve understanding of, the good administration of work-based pension schemes.
TPR is based in Brighton, United Kingdom, where its Board meetings are generally held.
Person specificationIt is important that in your supporting letter you provide evidence relating to the essential criteria below.
Knowledge: A clear understanding of the pension sector or wider financial services sector and how it operates.Experience: A good level of experience with continuous improvement, as well as an ability to think innovatively (Lead Criteria).
Communication: Strong communication and interpersonal skills with the ability to listen, accept challenge and constructively challenge others in discussions with clarity and respect.
Judgement: Effective decision‑making skills with the ability to critically analyse a wide range of information to make clear and objective evidence‑based recommendations to support the delivery of the organisation’s objectives.
Collaboration: Ability to work closely with the executive board and other key stakeholders, providing support, constructive challenge and assurance as appropriate.
Regulated environment experience: Experience of working in a regulated environment in financial services or the pensions sector.
Non-Executive Director x 2 – Pensions Regulator in Fife employer: Strictlyboardroom
The Pensions Regulator (TPR) is an exceptional employer, offering a unique opportunity to influence the strategic direction of pensions regulation in Great Britain while working in the vibrant city of Brighton. With a commitment to public service and high standards, TPR fosters a collaborative work culture that values independent thought and diverse perspectives, providing Non-Executive Directors with the chance to engage with a wide range of stakeholders and contribute to meaningful outcomes for millions of savers. Employees benefit from professional growth opportunities and the chance to make a significant impact in a dynamic regulatory environment.
StudySmarter Expert Advice🤫
We think this is how you could land Non-Executive Director x 2 – Pensions Regulator in Fife
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions and financial services sectors. Attend industry events or webinars to meet potential collaborators and decision-makers. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the Pensions Regulator and its objectives. Be ready to discuss how your experience aligns with their mission. Show them you’re not just another candidate, but someone who truly understands the sector.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview or networking event, drop a quick thank-you email. It keeps you fresh in their minds and shows your enthusiasm for the role. Plus, it’s a great way to reinforce your interest!
✨Tip Number 4
Apply through our website for the best chance at landing that Non-Executive Director role. We make it easy for you to showcase your skills and experience directly to the hiring team. Don’t miss out on this opportunity!
We think you need these skills to ace Non-Executive Director x 2 – Pensions Regulator in Fife
Some tips for your application 🫡
Know Your Stuff:Make sure you really understand the pensions sector and how it works. We want to see that you've got a solid grasp of the key issues and challenges in the industry, so do your homework before you start writing.
Show Your Experience:In your application, highlight your relevant experience, especially in continuous improvement and regulated environments. We’re looking for candidates who can think innovatively and bring fresh ideas to the table, so don’t hold back!
Communicate Clearly:Strong communication skills are a must! When writing your supporting letter, make sure you express your thoughts clearly and respectfully. We want to see that you can listen and engage in constructive discussions.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way to ensure we receive your details and gives you a chance to showcase your interest in joining us at TPR.
How to prepare for a job interview at Strictlyboardroom
✨Know Your Pensions Stuff
Make sure you brush up on your knowledge of the pensions sector and the specific challenges it faces. Familiarise yourself with the Pensions Act 2004 and TPR's statutory objectives. This will show that you're not just interested in the role, but that you understand the landscape you'll be working in.
✨Showcase Your Experience
Prepare to discuss your previous experience in regulated environments, especially within financial services or pensions. Think of specific examples where you've contributed to continuous improvement or innovative thinking. This will help demonstrate your capability to provide the independent challenge TPR needs.
✨Communicate Clearly
Strong communication skills are key for a Non-Executive Director. Practice articulating your thoughts clearly and respectfully, especially when discussing complex topics. Be ready to listen actively and engage in constructive discussions, as this will reflect your ability to collaborate effectively with the Board.
✨Prepare Thoughtful Questions
Think of insightful questions to ask during the interview. This could be about TPR's current initiatives or future challenges in the pensions sector. Asking thoughtful questions shows your genuine interest in the role and helps you assess if TPR is the right fit for you.
