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Our client, a well-established charity, is seeking an experienced Pensions Officer for an 18-month contract to ensure the effective administration of their three pension arrangements. This is an exciting opportunity to play a key role in moving their defined benefit pension scheme to buy-out.
Position Overview
The Pensions Officer will work closely with the board of trustees, actuaries, legal advisors, and investment advisors to administer the organisation's pension arrangements effectively see the defined benefit pension scheme through buy-in and then get the fund to buy-out. This role is crucial in ensuring accurate data management, member communications, and compliance with pension legislation.
Responsibilities
Cradle to grave administration of one Defined Benefit Scheme.
Management of the of Third-Party Administrators of two Schemes.
Work closely with Chair of the Trustee to move the fund to buy-in and ultimately buy-out.
Arrange communication and consultations with members including pre-retirement seminars.
Attend trustee board and sub-committee meetings acting as secretary.
Sit on the working group.
Maintain and update the pensions database.
Ensure compliance with pension legislation and regulations.
Provide data and information to actuaries for valuations.
Requirements
Minimum 3 years of pension administration experience.
Experience with taking a defined benefit scheme to buy-out.
Working knowledge of pension fund rules, regulations, and legislation.
Benefits
Generous holiday allowance of 31 days.
Competitive employer pension contribution of 16%.
Flexible working environment and inclusive culture.
18 month contract.
