Pensions Manager - Payroll Elite Ltd : Job Details

Exciting opportunity has arisen for an experienced Pensions Manager to oversee the administration and management of company pension schemes and to Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.

Key Responsibilities:

Pension Scheme Management:

• Oversee the administration and management of company pension schemes, ensuring accuracy and compliance with regulatory requirements.
• You will be responsible for managing approximately six multi-million-pound pension schemes (a combination of DC/DB/Legacy)
• Monitor pension scheme performance and work closely with external providers, trustees, and regulators to address any issues or concerns.

Compliance and Governance:

• Stay abreast of changes in pension legislation and regulations in the UK and Ireland, and ensure that pension schemes remain compliant.
• Implement and maintain governance frameworks and controls to safeguard pension scheme assets and mitigate risks.

Employee Engagement and Communication:

• Provide guidance and support to employees on pension matters, including eligibility, contributions, and retirement planning.
• Develop and deliver communication strategies to educate employees about pension benefits and options, promoting engagement and understanding.

Financial Management:

• Work closely with finance and accounting teams to manage pension scheme finances, including budgeting, forecasting, and monitoring expenses.
• Conduct regular reviews of pension scheme costs and performance, identifying opportunities for optimization and cost-saving initiatives.

Team Leadership and Development:

• Lead and manage a small team of pension professionals, providing coaching, guidance, and support as needed.
• Foster a collaborative and inclusive team culture, promoting continuous learning and professional development.

Qualifications and Skills:

• Bachelor's degree in finance, business administration, human resources, or a related field. A professional qualification in pensions management (e.g., PMI, CIPP) is highly desirable.
• Proven experience in pension scheme management, with in-depth knowledge of pension regulations and practices in the UK and Ireland.
• Strong leadership and people management skills, with the ability to motivate and develop a team.
• Excellent communication and interpersonal skills, with the ability to engage effectively with employees at all levels.
• Analytical mindset with strong problem-solving abilities, able to identify and resolve complex pension-related issues.
• High level of integrity and professionalism, with a commitment to maintaining confidentiality and adhering to ethical standards.

Experience:

• Minimum of 8+ years of experience in pension management or related roles, with demonstrated experience in managerial capacity.
• Experience working with pension schemes in the UK and Ireland, preferably in a multi-site or multinational organization.

Basic salary range

• Base Salary: £75-85k Bonus (up to 25%)

Benefits package

• Private medical insurance (you as the primary recipient are covered, additional members of your immediate family can be added as a salary sacrifice).
• Pension (contribution will be doubled up to 8%)
• Income protection - 50% of base salary for any sick time off after the first 6 months
• Life Assurance - 8x annual salary
• Cycle-to-work – Tax-free (saving you up to 39%) and pay it off over the next year in monthly instalments.