Pension and Reward Coordinator
4 weeks ago
Purpose of the Role:
The Crown Estate is seeking a skilled Reward and Pension Coordinator to support our total reward offering and ensure it remains competitive and aligned with our strategic goals. As a key member of our reward team, you will play a crucial role in supporting our pension schemes and broader reward plans.
Main Responsibilities:
- Support the reward and people operations team in leading key reward project activity and providing day-to-day support.
- Conduct salary benchmarking and job evaluation in line with our reward framework, and support annual benefit renewals and the annual pay and bonus cycle.
- Participate in regular project activity aligned with our broader people and culture strategy.
- Ensure smooth pension administration, compliance with UK regulations, and seamless coordination with our outsourced pension provider.
- Manage pension relationships and stakeholders, including representing the company at trustee meetings, ensuring effective communication and collaboration.
- Monitor the cash allowance scheme and changes to legislation on lifetime and annual allowance, as well as auto-enrolment and re-enrolment processes.
- Be responsible for supporting the budgeting and management of all pension costs, including business planning with providers.
- Work with advisors to review and improve member communications and online platforms.
- Coordinate member pension consultations, including supporting the preparation and management of project plans.
- Stay up-to-date on legislative developments and industry best practice, such as monitoring notices from the civil service pension scheme and completing mandatory administration modules.
- Attend monthly meetings with outsourced providers and relationship managers to ensure timely delivery of administration services and projects.
- Prepare the quarterly employer update and present at trustee board meetings.
- Provide accurate and clear guidance, answer queries, and offer support for employees at all stages of the employee lifecycle.
- Calculate benefit entitlements for retirements, terminations, and death in service.
- Promote awareness of our pension schemes.
Requirements:
- Experience in a reward or pension environment, with in-house pensions experience on DB & DC schemes desirable.
- Understanding of UK occupational pensions, regulations, and HMRC requirements, and knowledge of the Civil Service pension arrangements or willingness to learn in this area.
- Strong numerical and analytical skills, excellent stakeholder management skills, and the ability to identify and resolve issues and queries in a timely manner.
- Strong collaboration skills, working effectively with colleagues, trustees, and external partners.
- Attention to detail and strong organisational skills.
- Professional qualifications such as PMI certification are desirable.
About The Crown Estate:
We believe in creating an environment where everyone can thrive. We offer a competitive salary, comprehensive benefits, and opportunities for professional growth.
We are a proud Disability Confident employer and operate the offer of interview scheme. We are happy to offer alternative application methods or formats and can be flexible on our process to enable you to have the best opportunity. If you have any questions about our recruitment process or would like to talk about adjustments, please contact us at careers@thecrownestate.co.uk.
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