Job Details:
Purpose:Manage all aspects of Pension Schemes in the region
Job Level Summary Information
Scope:Current – UK/Ireland initially with potential for EMEA scope at a later stage
Impact :High
Knowledge:
• Excellent understanding of Pension administration, procedures and systems (including DB, DC and CARE schemes).
• Exposure to technical issues relating to pension scheme legislation coupled with a good understanding of data protection, Revenue Limits, rules and regulations and recent legislative changes is essential
• An understanding of the retirement landscape in UK & Ireland, including topical issues such as retirement adequacy.
Problem Solving:
Complex pension issues
People/Function Management:
*.Passion for Pensions – driving a strategy and vision that helps our colleagues achieve their retirement objectives, making their experience better and more meaningful.
*.This is a client facing role (interfacing with Members, Trustees, HR, Total Reward, outsourced partners) so you must enjoy helping people
*.Ensure we not only do what’s required by law, but that we continue to raise the bar and do what’s right for our people while also making efficiency gains and streamlining our procedures.
*.Ability to work closely within the team and with other teams: Total Reward, Legal, Payroll and our outsourced partners: Lawyers, Trustees and Third Party Administrators
*.Highly developed in taking initiative, bias to action and resourcefulness
*.Ability to ensure a high level of service and quality is delivered by our outsourced partners
*.Superior written and verbal communications skills, coupled with highly developed interpersonal skills
*.Curiosity to continuously question what we do and why we do it, continue making process improvements, raise the bar for Tyco and have fun along the way
Supervision Received:
*.Reporting to Senior Manager, HR Suppliers EMEA
*.Work with collaboration with Total Reward COE Pension Lead & Total Reward Operations Lead and other internal teams eg Payroll
*.Work in collaboration with the Trustees of the various plans
*.Customer Focus: Employees/Members of the Pension Plans & Trustees
*.Preferred Education: Degree
*.QFA
*.Equivalent experience in field of pension administration & management
Minimum Preference Experience:5-7 years
Travel Requirements:Minimal – travel as required
Essential Job Responsibilities
*.Project Management; ability to define, manage and deliver several projects at once, ranging from plan wind up, Mergers & Acquisitions as well as other projects that occur from time to time.
*.Responsible for pension administration (3rd party resource) and ad-hoc aspects in line with the pension requirements. Monitor service delivery and address issues with service providers.
*.Work with the Trustees of the Pension Plans, by attending Trustee Meetings and guiding Trustee decisions on discretionary practices. Deliver support to the Trustee groups where necessary including arranging Trustee Meetings and follow up actions from those meetings. Support Trustees through Triennial Valuations, wind ups and other projects as they arise.
*.This position will be responsible for day to day business contact for key stakeholders, manage all aspects of the service, attend business and third party meetings as appropriate. This role will be a key contact point for the Plan trustees and their advisors....
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