To provide technical support in the governance of the pension schemes. 

The role supports the Pensions Technical Manager in: ensuring compliance with regulatory requirements, maintaining formal documentation, managing the outsourced administration relationship, member communications, supporting Trustee Boards in carrying out their duties, and supporting project work and advice on policy & benefit design.

Important information about the Job:

Drafting and delivery of training material on technical pensions matters and industry developments;

Take key role in Scheme member communication projects including drafting material, co-ordinating work, sourcing suppliers;

Regular monitoring & updating of Scheme members’ website content as needed;

Maintaining Scheme records with HMRC / Companies House / Pensions Regulator / other Regulatory bodies as required in order to ensure ongoing legal compliance;

Maintain training record for individual trustees, sourcing suitable training courses as prescribed by the Scheme Secretary;

Instigating and co-ordinating approval of formal documents, following up progress and escalating issues as appropriate to ensure deadlines are met (e.g. Deeds, scheme funding documents);

Key role in management of administrator relationship: ensure scheme changes are understood and incorporated, ensuring service quality is maintained, reviewing & assessing service level achievements;

Assist Scheme Secretary with preparation and distribution of meeting papers and minutes, and with recording and follow up of post-meeting actions;

Support Technical Manager with on-site member counselling sessions;

Be willing to act as Scheme trustee if required.

The key things that the role has to make decisions on:

Drafting scheme and member documentation.

Preparation of training material.

Service level achievement of service providers.

Facilitates data / information requests to third parties (e.g. lawyers, actuaries, administrator).

Identifying relevant industry developments and drafting explanations to non-pensions experts within the internal/external network.

The key challenges of the job for any job holder - the hardest part of it:

Ensuring no legal breaches on Scheme data submission. 

Ensuring scheme documentation changes are carried out to ensure legal compliance is maintained.

Drafting member communications and co-ordination of the related projects.

Keeping internal and external customers updated on technical pensions issues.

Qualifications and Skills

Educated to Degree Level.

Appropriate experience working on technical pensions matters with in-house administrator for a large PLC or with a Third Party Administrator.

PMI (Pensions Management Institute) qualification.

Skills & Attributes:

Professional, accurate, timely, flexible, organised, works well under pressure, good communication skills (verbal and written). 

Experience:

MS Excel, MS Word, MS PowerPoint.  Knowledge of pensions practice, and working knowledge of pensions regulatory environment.