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Assistant Pensions Manager
As an Assistant Pensions Manager, you will work within a small team of two and will play an integral role in the business's activities. This is a varied role involving both routine management of pension arrangements and ad-hoc project work.
Job Description
1. Support a variety of DB & DC pension projects, collaborating with advisers and internal teams to deliver initiatives such as GMP Equalisation, Pensions Dashboard, legislative changes, Trustee governance, managing DB liabilities, DC investment changes, and others as they arise.
2. Manage pensions integration during acquisitions, new bids, re-tenders, exits, TUPE deals, and Civil Service Pension Scheme participation, ensuring legal and procedural compliance, risk identification, and successful personnel transfers.
3. Prepare, approve, and distribute employee communications, with input from advisers.
4. Support Payroll and pension providers with Auto-Enrolment obligations.
5. Attend Trustee and Sub-Committee meetings, take minutes, and explore automation options.
6. Manage the Pensions Team Budget and invoice payments via the Purchase Orders system.
7. Maintain up-to-date, clear, and accurate pensions communications, website content, and documentation such as Trust Deeds, member booklets, statutory statements, Annual Reports, and member forms.
8. Liaise with Pension Administrators and the Trust to resolve queries, review reports, and monitor cash forecasts.
9. Assist the Insurance Broker with annual renewals and premiums for Group Life Cover and Income Protection.
10. Research legislative changes and best practices, recommending process updates for compliance and efficiency.
The Successful Applicant
1. Experience in occupational pensions, including both Defined Benefit and Defined Contribution schemes.
2. Experience with mergers, acquisitions, and TUPE transfers within a company.
3. Experience working with Trustees and advisers such as Actuaries, Auditors, and Legal professionals.
4. Ideally, progress towards APMI / FPMI qualifications or relevant PMI exams.
5. Some experience with public sector pension arrangements is preferred.
What's on Offer
Salary up to £60,000, hybrid working model, and additional benefits.
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