Your new role as Assistant Pensions Manager is to work closely with the Pensions Manager and external consultants/advisors in the provision of the company pension's arrangements for their employees. The Plans are large enough and complex enough to generate an interesting and lively range of challenges across the spectrum of pension's management. This is a small team and you will form an integral part of the work that they do. This is a varied role with a mix of day-to-day routine management of the pension schemes, as well as ad hoc project work.
You will already have strong background experience in occupational pensions (company pensions), in both Defined Benefit and Defined Contribution. Perhaps you have also worked on public sector arrangements? Have experience of Auto Enrolment? Worked for a company with past mergers and/or acquisitions and TUPE transfers? All valuable experience when applying to this role, but our client appreciates you may have knowledge of some but not all areas, but the more the better. You are a confident communicator, experienced in liaising with scheme trustees, and external parties.
You will keep all Plan documentation (Trust Deeds and Rules, members' booklets and all associated member communications) up to date, ensuring that all pension-related changes are properly documented, and work with the plans consultants on the preparation and distribution of member communications. You will co-ordinate and manage preparation and circulation of annual Summary Funding Statements and plan member reports to all active, deferred and pensioner members, and liaise with the external providers (who carry out day-to-day administration of both Plans and the Trust), review monthly and management reports and cash forecasts from them against expected activity, and answer any queries they may have and vice versa.
You will undertake ad hoc projects which could involve supporting the business, arranging pension training sessions, etc. Support strategic pension projects e.g. in relation to managing defined benefit liabilities or upgrading the defined contribution offering. Support the business in all pension-related bid and TUPE queries, facilitating support from specialist pension lawyers and other advisors as required. Work on new bids, deals and re-tenders. You will identify risks, develop commercially viable pension solutions, and work closely with the TUPE team to ensure successful people transfer, and support the business with end of contract activity, ensuring that pension exit provisions are fulfilled. Because of what this company do this is an exciting role, with perhaps a wider remit than that of smaller organisations. This provides a wonderful opportunity to develop your wider pensions experience and add real value.
For a confidential discussion please telephone Dianne Beer on 07747 800740 or email dianne@abenefit2u.com