Job Description
Pensions Manager - UK & Ireland\nThe Pensions Manager is accountable for making sure that the CBRE GWS pension arrangements in the UK and Ireland function effectively, are administered properly and employees are provided with a quality service.\n \nThe Pensions Manager is responsible for the day-to-day operational management of the pension schemes and supports the Head of Reward, VP of People and Trustees in all duties for which each party is responsible. A key aspect of this role is to support the commercial teams with TUPE activity and to advise on and manage public sector transfers. Therefore, experience and knowledge of New Fair Deal and Local Government transfers is essential.\n \nImperative in this role is the scrutiny of the pension schemes and alerting appropriate leadership at the earliest stage of any risks or other material factors that could impact the Schemes or their performance.
This will involve giving advice to the leadership in relation to legislative issues concerning pensions, interpretation of pension legislation, employment law in relation to pension issues, Inland Revenue regulations and various pension scheme rules.\n \nWhat You'll Do\n(1) Pension Management (55%)\n\nLead and support from a TUPE perspective on all public and private sector transfer activity\nAdvise on New Fair Deal e.g., NHS, central government etc., and Local Government Pension Scheme (LGPS) requirements, including the preparation and costing of Admissions Agreements and bonds etc., where required\nProvide specialist technical support and advice to the Company's key pension stakeholders and raise awareness of pension related issues\nIdentify and implement improvements to existing practices, processes and policies\nFacilitate a collaborative and effective working relationship between the Trustees and the Company\nIn conjunction with pension providers, provide regular communication to employees on any key risks or changes\nManagement of service level agreements, fee structures and costs of advisors\nFacilitate the interaction between internal stakeholders and external regulatory, government or other bodies\nOversee compliance with auto-enrolment and meeting Pension Regulator requirements\n(2) Pension Performance (25%)\n\nMonitor pension scheme deficits and contributions\nMonitor the Scheme's finances, including the preparation and management of the Scheme's annual budget, monitoring and approving associated fees, advising on cash flow needs and liaising about contributions and deficit contributions and levy management in conjunction with the scheme advisors\nKeep up to date of pensions legislation and its affections on the company schemes\n(3) Governance (5%)\n\nManage and monitor the day-to-day scheme governance in line with CBRE and statutory governance requirements\nEnsure that pension risks are logged, understood and mitigation plans put into place\nEnsure scheme rules, booklets, policies and procedures are kept up to date and in line with best practice\nConduct formal reviews and lead any activity relating to changes in providers\n(4) Employee Engagement and Communication (5%)\n\nLead the implementation and delivery of Scheme information to new employees and make sure that up to date information is always available to existing employees\nManage pensions information on the employee intranet\nDevelop and deliver the pensions communication strategy\n(5) Reward Policies (5%)\n\nImplement pension policies and constantly assess their effectiveness, highlighting issues and finding solutions\nSupport higher earners options and ensure best practice and market competitiveness\nAct as the first point of escalation for 'exceptions' requests and advise leadership on suitability of requests as they progress through the sign-off process\n(6) Analytics/AI/MI (5%)\n\nUse data and fact-based analysis to anticipate pension scheme needs and provide insights to the leadership for necessary decision making\n \nWhat You'll Need\n\nMinimum of 5 years within a Pension Manager role within a large corporate organisation\nExperience of working with pension trustees and pension regulatory compliance requirements\nTUPE regulations and New Fair Deal pension experience is essential to support the business with new clients\nHave experience of historical pensions arrangements and of working on a variety of pension arrangements\nExperience of being an effective influencer\nAble to operate in a fast-paced business with strong resilience and an ability to lead and manage change\nHave managed budgets with knowledge of financial terms and principles and conduct financial analysis\n \nWhy CBRE\nWhen you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values - respect, integrity, service and excellence - and we value the diverse perspectives, backgrounds and skillsets of our people.
At CBRE, you have the opportunity to realise your full potential.\n \nOur Values in Hiring\nAt CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications