Pension Scheme Manager

  • Job Reference: NWGXS459516
  • Date Posted: 8 October 2019
  • Location: Pity Me, Durham
  • Salary: On Application

Job Description

Role- Pensions Scheme Manager

Location – Durham or Essex

Type – Permanent – Full or Part Time

Salary - £44,000 to £55,000 (pro rata for part time)

About the role

We’ve an exciting new opportunity to join us as our Pension Scheme Manager at Northumbrian Water Group (NWG) reporting in to our Group HR Director. You’ll be accountable for making sure that our pension arrangements function effectively, are administered properly, and customers are provided with a quality service.

You’ll be leading the day to day operational management of the Northumbrian Water Pension Scheme (NWPS), and in particular supporting the Chair of the Trustee in all duties for which the corporate trustee is responsible. We’re looking for you to support NWG with the management of its other pension arrangements, primarily its defined contribution scheme; auto-enrolment/re-enrolment duties; and promotion of pension arrangements within NWG.

We’re looking for you to provide specialist technical support and advice to the Trustee of NWPS and NWG, along with identifying and implementing improvements to existing practices, processes and policies. Represent the Trustee or NWG at specialist meetings as required. You’ll provide secretarial support for the Trustee, including arranging, managing and attending meetings; preparing papers; producing minutes; recording and progressing actions; preparing the annual business plan for the Trustee; arranging Trustee training; maintaining, updating and securely storing Scheme documents.

You’ll be accountable for the monitoring and managing the day to day Scheme governance, ensuring that pension risks are logged, understood and mitigations plans put in place; and Scheme rules, booklets, policies and procedures are kept up to date and in line with best practice. We’re also looking for you to manage and monitor the Scheme’s finances, including the preparation and management of the Scheme’s annual budget; monitoring and approving associated fees; managing cash flow needs; and liaising with the Company about contributions and deficit contributions.

In the role you’ll manage supplier relationships; coordinate services; and monitor performance and service delivery to ensure that the Trustee and members receive a quality service. Conduct formal reviews and lead the activity relating to changes to suppliers. You’ll also support the ongoing development of the NWPS communication strategy, working with suppliers on regular and ad hoc communications, including newsletters, booklets, benefits statements and websites

About you

We’re looking for the successful candidate to have proven in-depth knowledge of the administration and management of defined benefit and defined contribution pension arrangements, along with a proven understanding of the legislative and regulatory environment applying to pensions.

You’ll have proven experience of best practice in the governance of pension schemes, including the management of meetings, along with experience of managing relationships with external service providers, and in particular co-ordinating those services for the benefit of the pension scheme and business. We’re looking for you to have proven experience of managing a multi-million pound budget spend on suppliers and able to demonstrate experience and success in administering/managing similar pension arrangements.

We’re looking for you to have proven experience in a similar senior role and in using data to educate decision-making and prioritise/progress work activities. You’ll have proven experience of writing clear and concise proposals, business plans, reports and presentations, along with the proven ability to understand and interpret reports containing technical pensions jargon and financial detail

What we will give you

At Northumbrian Water, we want you to be the best you can be and we also want you to feel it’s a great place to work. Frequently people spend their career with us, some because they’ve found their niche, others because of the opportunities to progress through the organisation.

We’re the great company we are because of our people and as our way of saying thanks, we offer a wide range of benefits and discounts to take advantage of including; buying and selling holidays, discounts and cashback offers, free fishing and cycle2work.

About us

Northumbrian Water is more than just a water company. We are one team, fulfilling many roles, and working together to ensure our customers have clean, fresh, running water, whilst providing great customer service, protecting the environment, and supporting local communities.

We Live Water, all our amazing people are helping us become the national leader in the provision of sustainable water and waste water services.