Assistant Pensions Manager

A new opportunity for an Assistant Pensions Manager to join an established business based in Woking.

Client Details

As Assistant Pensions Manager you will working within a small team of two and you will form an integral part of the work that the business do. This is a varied role with a mix of day-to-day routine management of the pension arrangements as well as ad-hoc project work.

Description

• Support a variety of DB & DC pension projects, working with our advisers and internal core service teams to deliver projects such as GMP Equalisation, Pensions Dashboard, legislative pension changes, Trustees governance and best practice in accordance with TPR code & guidance, managing DB liabilities, DC investment changes, and others as they arise.
• Work on pensions integration of acquisitions, new bids, re-tenders, exits, TUPE deals, Participations in Civil Service Pension Scheme (CSPS), using legal and other advisers where needed. You will identify risks, ensure entry, participation and exit requirements are met, agree viable pension solutions with Head of Pensions, TUPE Team and HR, and work closely to ensure successful people transfers.
• Preparation, sign off and electronic distribution of employee member communications, with input from advisers.
• Support Payroll and pension provider with Auto-Enrolment obligations.
• Attend Trustees and Sub-Committee meetings, taking minutes, while exploring use of technology to automate.
• Manage Pensions Team Budget and Invoices payment for accountancy team using Purchase Orders system.
• Ensure Pensions communications, website and documentation such as Trust Deeds and Rules, members booklets, statutory statements, Annual Reports, member forms etc are up to date were required, clear to understand and correct.
• Liaise with the Pension Administrators of both Plans and the Trust to help resolve queries. Review their monthly and management reports and cash forecasts against expected activity.
• Support the Insurance Broker to ensure Group Life Cover & Group Income protection annual renewals & premiums correct.
• Research changes to pension legislation and best practice. Recommend process updates to ensure compliance and efficiency

Profile

• A background in occupational pensions with both Defined Benefit and Defined Contribution experience.
• You will have worked in a company that has experienced mergers and/or acquisitions and TUPE transfers.
• You will be experienced in working with Trustees and advisers such as Actuaries, Auditors and Legal.
• If not already APMI / FPMI qualified, then ideally you will have commenced PMI or taken specific career related PMI exams.
• Ideally some experience of working with public sector pension arrangements.

Job Offer

Assistant Pensions Manager

Salary up to £60k

Hybrid role

Additional benefits