Reward and Pension Coordinator

1 week ago


London, Greater London, United Kingdom The Crown Estate Full time
About the Role

We are seeking a highly skilled Reward and Pension Coordinator to join our team at The Crown Estate. As a key member of our Reward and People operations team, you will play a crucial role in supporting our total reward offering and ensuring compliance with UK government regulations.

Main Responsibilities
  • Supporting Reward Projects: Collaborate with the Reward and People operations team to lead key reward project activity and provide day-to-day support.
  • Salary Benchmarking and Job Evaluation: Conduct salary benchmarking and job evaluation in line with our reward framework and support annual benefit renewals and the annual pay and bonus cycle.
  • Pension Administration: Ensure smooth pension administration, compliance with UK regulations, and seamless coordination with our outsourced pension provider.
  • Pension Relationship Management: Manage pension relationships and stakeholders, including company representation at Trustee meetings, ensuring effective communication and collaboration.
  • Legislative Monitoring: Monitor the cash allowance scheme and changes to legislation on lifetime and annual allowance and the auto-enrolment and re-enrolment processes.
  • Pension Cost Management: Responsible for supporting the budgeting and management of all pension costs, including business planning with providers.
  • Member Communications: Work with advisors to review and improve member communications and online platform.
  • Pension Consultations: Coordinate member pension consultations, including supporting the preparation and management of project plans.
  • Industry Best Practice: Remain up to date on legislative developments and industry best practice, for example, monitoring notices from the civil service pension scheme and completing mandatory administration modules.
  • Provider Meetings: Attend monthly meetings with outsourced provider and relationship managers to ensure timely delivery of administration service and projects.
  • Employer Updates: Prepare the quarterly employer update and present at trustee board meetings.
  • Employee Support: Provide accurate and clear guidance, answer queries, and offer support for employees at all stages of the employee lifecycle.
  • Benefit Entitlements: Calculate benefit entitlements for retirements, terminations, and death in service.
  • Pension Awareness: Promote awareness of our pension schemes.
Requirements
  • Reward Knowledge: Reward knowledge and experience in a reward or pension environment.
  • In-House Pensions Experience: In-house pensions experience on DB & DC schemes desirable.
  • UK Pension Regulations: Understanding of UK occupational pensions, regulations, and HMRC requirements, and knowledge of the Civil Service pension arrangements or willingness to learn in this area.
  • Numerical and Analytical Skills: Strong numerical and analytical skills.
  • Stakeholder Management: Excellent stakeholder management skills plus the ability to identify and resolve issues and queries in a timely manner.
  • Collaboration Skills: Strong collaboration skills working effectively with colleagues, trustees, and external partners.
  • Attention to Detail: Attention to detail and strong organisational skills.
  • Professional Qualifications: Professional qualifications such as PMI certification are desirable.


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