Pension Analyst

3 days ago


Burton upon Trent, Staffordshire, United Kingdom Workingmums Full time

About the Role

We are seeking a highly skilled Pension Analyst to join our Reward Team at Molson Coors Beverage Company. As a Pension Analyst, you will play a critical role in supporting the Pensions Manager UK&I in relation to all aspects of the Company's Defined Benefit (DB) and Defined Contribution (DC) pension arrangements.

Key Responsibilities

  • Provide operational support to the DB trustee board and its Committees, ensuring effective governance and regulatory compliance.
  • Maintain, update, and develop pension plan online document library/archive and electronic meeting paper management to ensure it remains up to date with all plan documentation.
  • Support on all aspects of operational governance, including monitoring of plan's risk register, annual business plan, conflicts policy/conflicts log, group life insurance policy, business as usual guide.
  • Own, review, and process all invoices to ensure timely payment, including payment of advisers'/suppliers' professional fees, investment transactions in relation to drawdown and disinvestment administration, including monthly plan cashflow rebalancing.
  • Liaise with third-party administrators to monitor ongoing work and project delivery, including involvement in the production of the DB plan's Annual Report and Accounts to ensure statutory and regulatory compliance.
  • Review and control the administrative quality at both member and pension plan level through regular service delivery meetings, quarterly reports, and identify and escalate issues to Pensions Manager.
  • Provide support to the Pensions Manager as required in relation to regular and ad-hoc DB projects, including the process to select and appoint Member Nominated Directors (MNDs), carry out Trustee Effectiveness reviews.
  • Assist in the delivery of projects to promote high levels of employee understanding and engagement around the DC pension provision, including taking part in roadshows, presentations, and one-to-one meetings with members.
  • Act as a point of reference on pensions matters for the business (HR, finance, and employees, etc).

Requirements

  • Excellent knowledge of DB and DC pension arrangements and pensions legislation/regulatory framework.
  • Strong financial acumen.
  • Ability to provide project management support.

About Us

Molson Coors Beverage Company is a leading beverage company with a presence in over 100 countries and a team of 16,000 talented employees globally. We take pride in our traditions, brands, and the role we play in uniting people to celebrate all life's moments. We are passionate about promoting responsible drinking and creating a sustainable future.

We are committed to raising industry standards and leaving a positive imprint on our employees, consumers, communities, and the environment. We are an Equal Opportunity Employer and seek diversity.


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