In this pivotal role, you will be instrumental in managing a multi-billion-pound pension arrangement, ensuring that both current and former employees receive the benefits they deserve.
Key Responsibilities:
- Support funding discussions, including valuation negotiations, with trustees of the company's UK DB plans.
- Lead actuarial input into year-end and mid-year IAS19 company accounting, managing key advisors, auditors, and internal finance teams.
- Monitor and report on pension scheme performance, providing pensions forecasting information to the wider business.
- Support the pensions aspects of company-wide projects, such as mergers, acquisitions, divestitures, and restructurings.
- Act as a subject matter expert, providing strategic and best-practice solutions to reduce risk and cost.
- Develop long-term strategic priorities and business plans for Group Pensions.
- Plan and implement approved initiatives, either as a subject matter expert or part of a working party.
- Act as an internal consultant to HR on pension matters, supporting benefit programmes and pay and benefit negotiations with Unions.
- Manage internal pension communication, maintain online pensions resources, and produce articles on UK pension changes.
- Liaise with the payroll team, third-party administrators, and trustee support team on day-to-day pensions queries.
Job Requirements:
- Newly Actuarially qualified, with significant experience.
- Detailed technical knowledge of UK pensions plans and innovative problem-solving skills.
- Ability to develop trusted relationships with key stakeholders, such as pension scheme trustees.
- Experience acting as an internal consultant to HR, managing internal pension communications, and providing updates to trade union forums.
- Strong relationship-building skills to liaise with trustees, HR, payroll teams, third-party administrators, and other key stakeholders effectively.
- Proven ability to work effectively in cross-functional teams and understand the role of pensions within the broader business strategy.
Benefits:
- Opportunity to work in a dynamic and impactful role within a leading HR team
- Professional development and training opportunities
- Flexible working arrangements with a hybrid working model
- A supportive and collaborative work environment
If you are a passionate and experienced Pensions Strategy Manager seeking a new opportunity to drive positive change in the pension landscape, we would love to hear from you. Apply now to become a vital part of our client's innovative HR team.