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Pensions Executive

LHH Recruitment Solutions
Posted 12 hours ago, valid for 2 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

Retirement Plan

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a Pensions Executive to join our team in central London, focusing on the management of multi-£bn pension arrangements for company employees.
  • The role requires at least three years of post-qualified experience and offers a competitive salary, though the specific amount is not disclosed.
  • Key responsibilities include supporting funding discussions, leading actuarial input for financial reporting, and managing pension scheme performance.
  • The ideal candidate will have strong technical knowledge of UK pensions, excellent communication skills, and the ability to build relationships with key stakeholders.
  • We welcome discussions about flexible working patterns to accommodate individual needs and encourage diverse applicants to apply.

We're looking for a passionate Pensions Executive to join our Pensions team to support the management of my clients various multi-£bn pension arrangements in the providing of pension benefits for historic and current company employees. The role supports the identification, evaluation, and delivery of options available for the cost-effective management of benefits and risk across our pension arrangements. It also involves contributing to the delivery of projects such as those resulting from corporate activity.

This role is based central London , and we'd hope to see you at least two days per week but you're welcome to be in the office more often if that would work best for you. We're happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!

What You'll Do:

  • Support funding discussions (including valuation negotiations) with trustees of UK DB plans.
  • Lead actuarial input into year end and mid-year IAS19 company accounting, involving the management of our key advisors, auditors and internal finance teams.
  • Manage the monitoring and internal reporting of pension scheme performance. This includes providing pensions forecasting information to the wider business and managing expectations regarding key financial metrics.
  • Support the pensions aspects of company-wide projects, such as work on mergers, acquisitions, divestitures, and other restructurings, typically working in a cross-functional team.
  • Act as a subject matter expert to provide innovative, strategic, and best-practice solutions that address the needs / wants of business customers to reduce risk and cost.
  • Support the development of the long-term strategic priorities and business plans for Group Pensions, contributing to the development of our pensions strategy and setting a clear direction for meeting my clients objectives.
  • Where initiatives are approved, the role will be responsible for the detailed planning of the initiative - either as a subject matter expert or as part of a working party - to ensure their successful implementation.
  • Act as an internal consultant to HR on pension matters, including leading the HR aspects of pensions change within wider company projects (e.g., mergers, acquisitions, and divestitures), supporting HR on benefit programmes (e.g., flexible benefits annual cycle and renewal) and on pay and benefit negotiations with Unions.
  • Support with pension trade union forums, including the running of meetings and providing pensions updates.
  • Manage internal pension communication including proactively maintaining our online pensions resources and producing relevant articles on UK pension changes.
  • Liaising with
  • payroll team, third party administrators, and trustee support team on day-to-day pensions queries.

What You'll Have:

  • Educated to degree level or equivalent.
  • Actuarially qualified, with at least three years of post-qualified experience. Another relevant professional qualification may be appropriate.
  • Detailed technical knowledge of UK pensions plans and of the options available to them. Ability to navigate, problem solve and develop innovative options for best outcomes.
  • Ability to develop trusted expert relationships with key stakeholders (e.g., pension scheme trustees) to achieve a shared understanding of needs and goals.
  • Excellent verbal and written communication skills to act as an internal consultant to HR, manage internal pension communications, and provide updates to trade union forums.
  • Strong relationship-building skills to liaise with trustees, HR, payroll teams, third-party administrators, and other key stakeholders effectively.
  • Proven ability to work effectively in cross-functional teams, understanding how the role we play in pensions fits into the wider strategy and objectives of the business.

Don't meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. My clients we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you're excited about this role but your experience or qualifications don't match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.