Pensions Manager

3 weeks ago

London, Greater London, United Kingdom WELLCOME TRUST Full time

Salary: £44,640 (100% FTE: 74,400)

Closing date: Monday, 17 March 2025

Contract type: Permanent

The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science, leading policy and advocacy campaigns, and building partnerships.

We plan to spend £16bn over the next ten years, funding new discoveries in life, health, and wellbeing, and taking on three global health challenges: mental health, infectious disease and climate and health.

We are looking for a Pensions Manager to join our team on a part-time basis (3 days/week).

Where in Wellcome will I be working?

You will be managing the Pension plans within the Reward and Wellbeing team reporting to the Benefits & Pension Lead.

You will be working within the "Pension and Benefits" Team. The team's purpose is to develop, implement, and manage employee benefits programmes, policies and processes which are market competitive and can help attract and retain talent.

This role will report to the Benefits & Pension Lead.

What will I be doing?

In this role, you will take responsibility for managing Wellcome's defined contribution (DC) scheme and closed defined benefit (DB) scheme. Your primary focus will be to support members, trustees, and stakeholders, whilst managing all aspects of the pension schemes. You will serve as the primary point of contact for all pension-related matters.

As a Pensions Manager, you will:

  • Oversee Wellcome's Defined Benefit and Defined Contribution Pension Schemes, identifying and implementing new initiatives and managing relationships with trustees and stakeholders.
  • Develop and manage the annual calendar and 3-year roadmap for pension schemes, ensuring compliance with statutory, regulatory, and legal requirements.
  • Deliver new starter meetings and manage pension communications, updating guidance and policies, and promoting the pension offering through new initiatives.
  • Lead project management efforts related to pensions, manage the internal risk register, and ensure cost-effective service from scheme administrators.
  • Work collaboratively on complex pension matters, manage the DC Governance Committee.
  • Contribute to a diverse and inclusive culture across the organisation, collaborating across departments.

Is this job for me?

The ideal candidate is a proactive and adaptable individual with demonstrable experience in pension management, capable of delivering high-quality projects within tight deadlines. They should possess strong communication and interpersonal skills, enabling them to build relationships and influence stakeholders at all levels, while maintaining sensitivity and confidentiality.

We are looking for someone with:

  • Proven ability to adapt to changing priorities and handle arising issues effectively.
  • Demonstrable experience in managing Defined Contribution and Defined Benefit pension schemes.
  • Strong initiative with the ability to influence stakeholders at all levels.
  • Excellent interpersonal and communication skills, capable of building relationships and presenting well-reasoned arguments.
  • Meticulous attention to detail, with strong analytical skills to manage data accurately and confidentially.
  • Experience in managing budgets and headcount, leading high-performing teams, and fostering inclusive working environments.

To apply please upload your current CV and complete our short application.

Interview dates: 1, 2 and 3 of April.

Our Hybrid Way of Working

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment, in which people can perform at their best. At Wellcome we have a hybrid way of working which is 3 days in our Euston Road offices (Tuesday, Wednesday and Thursday) with the remaining 2 days working either remotely or in the office.

Diversity and Inclusion is at the heart of everything we do

Diversity and Inclusion is a priority at Wellcome. We are committed to cultivating a fair and inclusive environment, where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles.

Upon a conditional offer being made, the successful applicant for this position will be required to undertake a Basic Disclosure and Barring Service (or equivalent) criminal record check to disclose any 'unspent' criminal convictions or conditional cautions under the Rehabilitation of Offenders Act 1974.

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