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About Our Client
The organisation can trace it's roots back almost 100 years and is a multi sector services focused organisation with a recognised brand and impact across defence, travel, security, leisure and multiple other sectors. A FTSE 250 the organisation employees around 50,000 employees globally with a large UK presence.
Job Description
Reporting directly to the Head of People Services HR and as part of the Group HR team. The UK Head of Pensions is initially a UK focused role but with likely scope to globalise. An integral member of the Pensions Policy Committee (PPC) and accountable to the Group HR Director. Pension strategy
- responsibility for developing and delivering pension strategy in relation to all pension arrangements that the group's companies participate in, including public sector schemes.Supporting the Company objectives in relation to those schemes. Engaging and influencing stakeholders to support pensions strategy across the UK. Networking on pensions strategy with those responsible for pensions in the organisation's JV's.
Pensions policy
- responsibility for leading on development of best practice policy to be applied across the business. Provide direct input into the overall employee package relating to pension offering for all employees.
Pension activity and management
- for all core activities of the Pensions function such as pensions meetings, agendas, minutes etc
Function support
- budget and cost centre management
Relationship Management
maintaining close working relationship with other functions and colleagues, particularly HR, Reward, Finance, Company Secretary and the members of the Pensions Policy Committee (PPC)
System management
- updating and utilising the systems for reporting and governance purposes,and using it to produce relevant and insightful analysis and reporting by working closely with the relevant regional HRSS/ITSS teams
Third party supplier management
- maintaining a close working relationship and managing the services provided to the group by the entire range of advisors/consultants and pension scheme providers,administrators etc.
Supporting preparation of key pensions documentation
- ownership of all pension related documentation produced by the organisation e.g. on-boarding, general communications and the preparation of papers required for the PPC and its related sub-committees.
Pensions best practice and regulation
- supported by advisers, where appropriate, industry groups and liaison with the Pensions Regulator/Ombudsman to provide internal input to shape pensions policy and strategy
Risk management
- advising on risk associated with existing pension schemes and any bid/rebid/M&A activity including disposals, especially where involving DB and/or public sector pension schemes. Responsibility for maintaining the Pensions SMS documentation up-to-date and relevant (and development, where necessary); engaging with business leaders and their bid teams with the aim of ensuring compliance with the SMS.
Continuous improvement
- takes the lead on continuously assessing opportunities to continuously improve processes, systems and related pensions
Subject Matter Expertise
- the lead point of contact for all pensions related input e.g. bids, TUPE,M&A activity including disposals. Liaison with the Pensions Regulator, where required.
Life cover
- inputting into the policy on life cover levels for employees, including the 'excepted' scheme, and the associated insurance arrangements
The Successful Applicant
Essential technical and professional skills, knowledge and qualifications for the UK Head of Pensions
What's on Offer
The successful candidate for the UK Head of Pensions role will have the chance to lead the UK Pensions agenda / team for a large multi 10k UK headcount whilst being offered the chance to work on a hybrid basis out of any of the offices across the UK (London, Birmingham, Home Counties etc). The role will pay £100,000 to £120,000 + Car and Bonus
Great News! We've discovered an exciting live job opportunity for a UK Head of Pensions position in United Kingdom. This job is currently open for hiring/recruiting by Page Executive, exclusively for you at UK Jobs. Feel free to download the job details here.
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UK Head of Pensions jobs are available in United Kingdom.
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