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Pensions Expert
2 months ago
We are seeking a highly skilled Pensions Specialist to join our HR Operations team at Severn Trent. As a key member of our team, you will provide in-house support for the outsourced pensions administration and governance of our legacy defined benefit pension schemes as well as our current defined contribution schemes.
Key Responsibilities- Provide professional support to the in-house pensions manager and to the Chair of Trustee of the Defined Benefit Pension Schemes.
- Drive pensions engagement strategy and lead on pensions, retirement, and financial wellbeing communications across the Company.
- Manage the current defined contribution arrangements, including liaising with key internal teams such as Reward, Payroll, the HR Hub, and Finance teams.
- Lead the development and delivery of key pension contracts, with a keen focus on robust governance and cost management.
- Manage pension projects driven by strategic or regulatory developments.
- Attend and contribute to periodic defined benefit trustee meetings and defined contribution governance meetings.
- Respond to queries from employees, trustees, and advisers, and serve as a point of pensions escalation for the HR Hub.
To be successful in this role, you will need to have technical knowledge of defined benefit and defined contribution pension arrangements, as well as a strong understanding of the pensions industry and relevant legislation. Experience in managing external suppliers and contracts would be beneficial. You will also need to have excellent communication and engagement skills, with the ability to design and deliver engaging campaigns and events to raise awareness and understanding of pensions and related topics among our employees.
What We OfferAs a Pensions Specialist at Severn Trent, you will have the opportunity to work in a dynamic and supportive environment, with a range of benefits that recognize great work and award-winning training to help you reach your potential. We are committed to helping our employees build a career and make a difference in their communities.
