[Royal Mail]
Job reference 333064
Senior Pensions Associate
Salary from £54,088 (Sheffield) or £60,059 (London), 10% annual bonus potential, 25 days annual leave plus bank holidays rising with service and a company pension scheme with highly competitive contribution rates
Permanent, Full time
You can be based at either Royal Mail Farringdon (EC1A 1AA) or Sheffield Pond Street (S98 6HR). This role requires occasional office attendance, typically 1 - 2 times per month, in line with business needs.
Royal Mail has launched an industry-first pension plan, the Collective Plan, featuring a groundbreaking Collective Defined Contribution element. This innovative approach, introduced in October 2024, is leading change in the pensions industry.
The Collective Plan is overseen by the Trustee Board, supported by our Executive Team, who ensure everything runs smoothly day-to-day. We’re looking for a Senior Pensions Associate to join this Executive team.
This is your chance to play a key role in an exciting, forward-thinking initiative that’s setting new standards in the pensions industry. If you are an excellent communicator with significant pensions experience in a trustee services background, we would love to hear from you.
About the Role
As a member of the Executive team you will have involvement in the three standing Committees; Member Experience, Funding and Investment and Governance, Audit and Risk. We are particularly keen to hear from individuals interested in member communication development who are passionate about member experience.
You will:
* Assist the team with all aspects of governance and scheme management
* Maintain accurate records and minutes for Board and Committee meetings
* Draft and update governance documents (policies, business plans, meeting papers)
* Manage the Risk Register and support compliance processes (annual/triennial valuations)
* Draft, design and send member communications and campaigns
* Organisation and management of nationwide in-person pension workshops
* Gather feedback (including from members) and analyse feedback to identify opportunities for improvement
* Coordinate Trustee training and procurement activities
* Contribute to the annual report, accounts, and regulatory filings
* Over time, take responsibility for managing Committees
* Support the Executive team and Trustee with any ad-hoc matters that may arise from time to time
About You
To thrive in this role, you’ll bring:
* Exceptional written and verbal communication with strong attention to detail
* Experience drafting minutes, meeting papers, and policies
* Strong influencing and relationship-building skills
* Previous DB/DC/Master Trust pensions experience
* Broad understanding of Trustee Board servicing (administration, actuarial, investment, governance)
* Pensions technical knowledge, including legislation and regulatory interpretation
* Experience supporting Trustee Committees
* Interest to learn and develop new skills
* Degree or equivalent experience; APMI preferred but not essential
Extra Benefits
• Family friendly support - enhanced maternity pay, paternity leave, adoption leave and shared parental leave
• Discounts and offers - there are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills*.
• Supportive and generous company sick pay
• Your Wellbeing - you and your family have 24/7 access to services and tools to help you get the most out of life. From your physical and mental health to financial and social support and advice. It’s free, and it’s for everyone.
*Available only to perm employees
Next Steps
The next stage of the selection process will be a face to face/virtual interview consisting of competency based and role specific questions.
Trust is the foundation of Royal Mail. We aim to be transparent about the qualities we seek and what a career with us entails, building trust from the start of your journey with us. Your interview is the first step, and we want you to shine. To help you prepare, we’ll provide your interview questions in advance, so you can have your best examples ready. At Royal Mail Group, we value trust and our people.
We understand that candidates may not meet all the criteria for the role. If your experience is different, but you have relevant skills we’d love to hear from you.
Royal Mail Group is committed to inclusion and representing the diverse communities we serve. We welcome applications from all individuals. As a proud Gold signatory to the Armed Forces Covenant, we especially encourage applications from the Armed Forces community, including cadet instructors and spouses/partners.
We are committed to ensuring an inclusive recruitment process. If you require any adjustments to support you during the hiring process, please discuss these with your recruiter when contacted.
We are Forces family friendly and a Gold signatory to the Armed Forces Covenant. We welcome applications from ex-Armed Forces personnel, reservists, veterans, cadet instructors and military spouses/partners.
For more information on Royal Mail Group and our values please click here: https://www.internationaldistributionsservices.com/en/about-us/
Closing Date: 19th December. Please note, this advert may close early if the appropriate number of applications has been reached.
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