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Universities Superannuation Scheme (Ltd)
Location:
Slough, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Views:
3
Posted:
22.08.2025
Expiry Date:
06.10.2025
Job Description:
NON-EXECUTIVE DIRECTOR ROLE
UNIVERSITIES SUPERANNUATION SCHEME (USS)
Fee: Available in the role profile.
Location: London-based (with occasional travel to USS’s Liverpool office and other UK locations)
We invite applications for the role of Non-Executive Director to join the Board of Universities Superannuation Scheme Limited (USSL) and its subsidiary USS Investment Management Limited (USSIM).
For more information, please contact Jane Paton at [emailprotected]. Interested candidates should SUBMIT A LETTER OF APPLICATION – ALONG WITH THEIR CV – and send these by email to [emailprotected]. The closing date for applications is 31 August 2025.
About USS
Universities Superannuation Scheme (USS) is the principal pension scheme for UK universities and higher education institutions. We work with around 330 employers to help build a secure financial future for approximately 557,000 members and their families. USS is one of the largest pension schemes in the UK, with total assets of around £76.8bn (as of 31 March 2025).
Universities Superannuation Scheme Limited (USSL) is the trustee that manages USS according to the trust deed, rules, and legal duties. USS Investment Management Limited (USSIM) is its wholly owned subsidiary, acting as the scheme’s principal investment manager and advisor, regulated by the FCA.
USSL is led by a Board comprising 3 directors appointed by the University and College Union (UCU), 4 appointed by The Universities & Colleges Employers Association (UCEA), and 5 independent directors. USSIM’s board includes 5 non-executive directors and 2 executive directors.
Both boards oversee complex operational and advisory functions within a heavily regulated environment. Board members need skills in strategic thinking, leadership, communication, influencing, teamwork, and decision-making (full skills requirements are in the role profile).
USS is committed to diversity and inclusion, welcoming applications from candidates of varied backgrounds.
About the role - USSL and USSIM Non-Executive Director
Applications are invited for one of five independent director positions on the Board, also serving on USSIM’s board. The role focuses on investment management within a pensions context.
Full role requirements are detailed in the role profile, available upon request.
The experience required includes:
* Investment
* Senior management in financial services and FCA regulation
* HR & remuneration
* Corporate governance and board management
Time commitment: At least 60 days annually.
Term length: Four years, with a possible extension of one year (up to five years). Reappointment may be possible after the term, with a maximum tenure of nine years across multiple terms.
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