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Pension Specialist
2 months ago
We are seeking a highly skilled Pension Specialist to join our Reward Team at Molson Coors Beverage Company. As a key member of our team, you will provide operational support to 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
- 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 to include payment of advisers'/suppliers' professional fees, investment transactions in relation to drawdown and disinvestment administration including monthly plan cashflow rebalancing
- Liaise with third party administrator 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 adhoc 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
- Excellent knowledge of DB and DC pension arrangements and pensions legislation/regulatory framework
- Experience of relationship management with internal and external stakeholders and ability to deal with employees at all levels as well as Trustees and management
- Strong financial acumen
- Ability to provide project management support
- We are one of the UK's Most Attractive Employers, winning the Top Employer award for the last 11 years
- We offer flexible work programmes to ensure a work life balance is maintained
- We are committed to the physical and mental wellbeing of all our people
- We are proud to have been awarded Gold in Mind's Workplace Wellbeing Awards