Pension Coordinator
4 weeks ago
About the Role:
We are seeking a highly skilled 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:
- Support the Reward and People operations team in leading key reward project activity and day-to-day support to the team.
- Salary benchmarking and job evaluation in line with our reward framework and supporting annual benefit renewals and the annual pay and bonus cycle.
- Regular project activity involvement in line with our broader People and Culture strategy.
- Ensure smooth pension administration, compliance with UK regulations, and seamless coordination with our outsourced pension provider.
- Pension relationship and stakeholder management, including company representation at Trustee meetings, ensuring effective communication and collaboration.
- Monitor the cash allowance scheme and changes to legislation on lifetime and annual allowance and the auto-enrolment and re-enrolment processes.
- Responsible for supporting the budgeting and management of all pension costs, including business planning with providers.
- Working with advisors to review and improve our member communications and online platform.
- Coordination of member pension consultations, including supporting the preparation and management of project plans.
- 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.
- 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, for example, new joiner meetings, annual allowance, and life-time allowance.
- Calculate benefit entitlements for retirements, terminations, and death in service.
- Promote awareness of our pension schemes.
Requirements:
- Reward knowledge and experience in a reward or pension environment.
- 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, plus 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 Us:
The Crown Estate is a proud Disability Confident employer and operates 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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