At a Glance
- Tasks: Manage day-to-day pensions and support trustee boards with governance tasks.
- Company: WTW is a leading global advisory, broking, and solutions company.
- Benefits: Enjoy a full-time role with opportunities for professional growth and inclusivity.
- Why this job: Join a dynamic team making a real impact in pension management and governance.
- Qualifications: Experience in pensions governance and strong organisational skills are essential.
- Other info: This entry-level position offers a chance to work with prestigious pension schemes.
The predicted salary is between 57600 - 86400 £ per year.
Governance & Pension Solutions Consultant
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Governance & Pension Solutions Consultant
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Global Talent Acquisition with MBA in HR | Global Recruitment Strategies | BEI Certified | CM Certified
Description
Join our Governance and Pensions Solutions (GPS) line of business, a key growth area within our Outsourcing function. GPS provides Outsourced Pensions Management services to occupational pension schemes, working with schemes of all shapes and sizes, including some of the most prestigious and intricate in the UK.
In this exciting role, you will be responsible for delivering a wide range of services, including day-to-day pensions management, governance and trustee secretariat support to both in-house functions and trustee boards.
This role would suit a pensions ‘all-rounder’, with a background in either consulting and/or an in-house environment.
The Role
- Working closely with Lead Consultants, providing pensions management outsourcing services, partnering with in-house pension functions, ensuring timely delivery against agreed tasks and objectives.
- As a pension\’s governance expert, you would ensure that occupational pensions schemes are compliant with the general code and best practice.
- Attending regular client meetings (both virtual and in person), assisting with end-to-end trustee secretariat responsibilities – including agenda and meeting pack preparation, minute taking, and other peripheral tasks (e.g., completion of action logs).
- Preparing recommendations to trustees in relation to death discretionary cases, transfer referrals (e.g. red and amber flags) and complaints (including escalated complaints through the IDRP).
- Providing support to the wider teams with ongoing and ad-hoc client work.
- Delivering agreed workstreams.
- Adhering to agreed service levels, standards, and fee agreements / Budgets.
- Helping to manage client commercials and ensuring financial discipline.
Qualifications
The Requirement:
- Previous experience within DB, DC and hybrid pension arrangements.
- Strong pensions technical knowledge, especially in the area of pensions governance and secretariat support.
- Good commercial understanding, with the ability to work within agreed budgets and the ability to identify client opportunities.
- Previous experience working with timesheets and management of personal financial reporting (or be willing to learn).
- Ability to work in a fast-paced organization.
- Exceptional organizational skills and an ability to effectively prioritize work across multiple client relationships.
- Flexibility with the ability to work under tight timescales without diluting the quality of work.
- Commitment to professional delivery and exceptional service.
- Strong influencing skills, excellent communication skills and clear and concise written Skills.
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organization. We embrace all types of diversity.
Seniority level
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Seniority level
Entry level
Employment type
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Employment type
Full-time
Job function
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Job function
Consulting, Information Technology, and Sales
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Governance & Pension Solutions Consultant employer: WTW
Contact Detail:
WTW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Governance & Pension Solutions Consultant
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in pensions governance. This will not only help you during interviews but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 2
Network with professionals in the pensions industry, especially those who work at WTW or similar firms. Attend relevant events or webinars to make connections that could provide insights or even referrals for the role.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your organisational skills and ability to manage multiple client relationships effectively. This will highlight your suitability for the fast-paced environment at WTW.
✨Tip Number 4
Demonstrate your understanding of financial discipline by being ready to discuss how you've managed budgets or identified opportunities for cost savings in previous roles. This aligns well with the responsibilities outlined in the job description.
We think you need these skills to ace Governance & Pension Solutions Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pensions management and governance. Use keywords from the job description to demonstrate that you meet the qualifications and have the necessary skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that align with the responsibilities of the Governance & Pension Solutions Consultant position, such as your ability to manage client relationships and deliver exceptional service.
Showcase Your Technical Knowledge: In your application, emphasise your strong technical knowledge in DB, DC, and hybrid pension arrangements. Provide examples of how you've applied this knowledge in previous roles, particularly in governance and secretariat support.
Highlight Soft Skills: Don't forget to mention your soft skills, such as communication, organisational abilities, and flexibility. These are crucial for the role, especially when working under tight deadlines and managing multiple client relationships.
How to prepare for a job interview at WTW
✨Showcase Your Pensions Knowledge
Make sure to brush up on your understanding of defined benefit (DB), defined contribution (DC), and hybrid pension arrangements. Be prepared to discuss specific examples from your experience that demonstrate your technical knowledge in pensions governance and secretariat support.
✨Demonstrate Organisational Skills
Given the fast-paced nature of the role, highlight your exceptional organisational skills. Share examples of how you've effectively prioritised tasks across multiple client relationships, especially under tight deadlines.
✨Prepare for Client Interaction Scenarios
Since the role involves attending client meetings and providing recommendations, practice articulating your thoughts clearly and concisely. Prepare for potential scenarios you might encounter, such as handling complaints or discussing action logs.
✨Emphasise Your Commercial Awareness
Discuss your understanding of financial discipline and how you've managed budgets in previous roles. Be ready to identify client opportunities and explain how you can contribute to managing client commercials effectively.