New Job | Pension Manager | £70k to £85k DOE, pro rata based on 3 days per week | Permanent | Part-time 3 days pw | Hemel Hempstead or London
Morson are proud to be partnering with a commercial construction business looking to bring in a Pensions Manager, to join the businesson a permanent, Part-Time basis.
The office location can be Hemel Hempstead or London, whichever is more convenient to the successful applicant.
This role as Pension Manager, demands a highly organised, reliable, and detail-oriented professional who has in-house experience and technical expertise in pension scheme governance, trustee management, and compliance. As a Pension Manager, you will support the Trustee Board to ensure effective governance, oversee compliance with regulatory requirements, and manage communications and activities on behalf of the trustees.
Key responsibilities of the Pension Manager include:
Meetings Preparation and Coordination
- Organise monthly trustee meetings, including preparation and distribution of agendas, documentation, and necessary materials.
- Ensure that all action points and decisions from previous meetings are followed up.
- Act as the primary liaison between the Trustee Board, advisors, and the company on operational matters.
Reporting and Record-Keeping
- Maintain accurate records, ensuring all meeting minutes are well-documented, distributed, and stored for future reference.
- Ensure monthly updates on scheme activities and changes in relevant pension legislation are communicated to trustees.
Administrative Support
- Handle day-to-day trustee queries, providing technical guidance and ensuring timely resolution.
Compliance and Regulatory Checks
- Conduct quarterly reviews of compliance processes to ensure the scheme meets all legal and regulatory standards.
- Prepare and present quarterly updates on governance, compliance, and risk management for trustee review.
Financial Oversight
- Work closely with the finance team to ensure accurate, timely updates on scheme finances and provide quarterly financial reports to trustees.
- Review contributions, funding status, and investment performance with relevant stakeholders, preparing summaries for trustee evaluation.
Reporting and Communications
- Coordinate the preparation and audit of the scheme's annual report and accounts, ensuring full compliance with statutory deadlines.
- Prepare an annual governance report for review by the trustees, highlighting key activities, scheme performance, and any necessary adjustments.
- Oversee the development and distribution of the annual benefit statement and other mandatory member communications, ensuring clarity and accuracy.
- Facilitate the annual trustee board effectiveness review, coordinating feedback and implementing suggested improvements.
Policies & Crisis resolution
- Review and update scheme policies as needed, ensuring they remain current with legislative changes, best practices, and trustee preferences.
- Act swiftly to manage any urgent issues or significant changes affecting the pension scheme, providing trustees with necessary information and support in decision-making.
To be successful in this role, you should be:
- Experience: Proven track record as a Pension Scheme Manager or Secretary to the Trustees, preferably with in-house experience.
- Technical Knowledge: Deep understanding of pension scheme governance, compliance requirements, and trustee responsibilities.
- Skills: Strong organisational skills, excellent communication, and the ability to manage multiple priorities under tight deadlines.
- Qualifications: Relevant professional qualifications in pensions management, governance, or financial services preferred.
You should have a collaborative and pragmatic management style, with strong influencing skills that enable you to operate in an open and transparent manner. Additionally, you should be able to manage competing demands, be adaptable, hands-on, and detail oriented.
If you have the necessary qualifications, skills, and experience, and would like to be part of a dynamic, Large but family run business, we encourage you to apply for this opportunity asap.
Location: Hemel Hempstead / London (3 days per week)
Salary: £70k to £85k DOE, pro rata based on 3 days per week.
Benefits include: 4 x life assurance, Private Medical, Excellent holidays including your birthday off every year, Matched company pension up to 8% (ER 8%, EE 8% = 16%) and many more benefits
To be considered for this fantastic opportunity, you must APPLY NOW, making sure to attach your up-to-date CV.
*Only shortlisted candidates will be contacted for an initial telephone interview. If selected from the shortlist, a formal interview process will then begin.
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