Job Description
Purpose of the Role
To develop, implement, and provide governance for employee retirement plans and benefits programmes, and to provide counsel to resolve any related issues.
Key Responsibilities
* Lead the development, implementation, and delivery of retirement plans and benefits programmes aligned with the organisation’s strategy and supported by appropriate technology, including resolving escalated issues from employees or managers, directly or via HR teams or third-party providers.
* Ensure retirement plans and benefits programmes comply with internal governance requirements and external regulations, staying up to date with legislative and regulatory changes.
* Communicate and engage with employees and managers to educate them on available retirement and benefit options, including pensions, health insurance, and other benefit solutions.
* Conduct market research and develop strategies for retirement and benefits administration, compliance, and programme enhancements.
* Identify, engage, and manage external vendors and stakeholders to deliver retirement and benefits services, providing guidance and advice to employees and managers where appropriate.
* Oversee and manage costs associated with retirement and benefits plans, ensuring budgets are adhered to, forecasts are accurate, and funding requirements are monitored.
Assistant Vice President Expectations
* Advise and influence decision-making, contribute to policy development, and take responsibility for operational effectiveness, collaborating closely with other business functions.
* Lead teams performing complex tasks, using professional knowledge and skills to deliver work that impacts the organisation, set objectives, coach employees, and assess performance.
* Demonstrate leadership behaviours, creating an environment for colleagues to thrive, or for individual contributors, lead collaborative assignments and guide team members.
* Consult on complex issues, provide advice to managers on escalated matters, identify risk mitigation strategies, and develop new policies or procedures.
* Take ownership of managing risk and strengthening controls, perform work that coordinates with other areas, and analyse complex data from multiple sources to solve problems effectively.
* Communicate complex or sensitive information clearly and influence stakeholders to achieve desired outcomes.
Pension & Benefits Oversight
* Support the management of UK and Channel Islands Defined Contribution (DC) pension schemes, overseeing day-to-day operations, supplier relationships, and regulatory compliance.
* Contribute to scheme design and governance, lead the development and execution of pension communications strategies, monitor investment performance, and respond to employee pension queries, ensuring enrolment processes are accurate and aligned with policy.
* Act as a strategic partner in supporting global pension projects, contributing to initiatives across multiple regions, analysing emerging regulations, supporting tax and policy changes, and implementing enhancements to scheme design and systems.
* Play a key role in governance committee activity, ensuring all processes meet enterprise risk management and internal policy standards.
Candidate Profile
* Extensive knowledge and practical experience with UK pensions legislation and regulatory requirements, particularly Defined Contribution (DC) pensions management.
* Relevant professional qualifications, completed or in progress (e.g., APMI or equivalent).
* Proven project ownership and successful delivery in fast-paced environments, fostering collaboration across teams.
* Exceptional Excel and data analytical skills.