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Who we’re looking for
We are seeking a pensions professional who thrives in a collaborative, fast-paced environment and is excited by the opportunity to support the delivery of all aspects of our UK trust-based hybrid pension scheme, comprising closed defined benefit and open defined contribution sections, along with our UK self-invested personal pension.
In this varied role, you'll provide operational support, collaborating with the wider Pensions and Benefits team, pension scheme Trustees, and advisers to ensure compliance with legislation and best practices. You'll help manage third-party administrators to ensure efficient pension processes and handle employee and member queries, as well as participate in project work and have exposure to our global pension offerings.
About Us
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.
The base
We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre. And we have everything we need to work flexibly.
The team
As a member of Reward and People Risk team, you’ll be joining a group of experienced, dedicated and supportive professionals who continuously deliver work to a very high standard and provide exceptional service to their stakeholders.
What you’ll do
- Assist in all aspects of the running our UK pension arrangements and become a recognised point of pensions expertise within Schroders.
- Support preparation and review of Trustee meeting papers, complete meeting actions, and attend and participate in Trustee meetings when necessary.
- Help ensure continued compliance with relevant pensions legislation and best practices and assist in the development and implementation of pension policies and procedures.
- Monitoring the pension scheme calendar, ensuring key tasks are completed.
- Support the management of relationships with pension scheme advisors, helping to ensure clear and regular communication between all parties.
- Help manage the relationship with the third-party administrators, overseeing performance, monitoring SLA performance and:
- be the first point of contact for all individual cases referred by the third-party administrator or where members contact Schroders or the Trustee directly
- Respond to any complaints raised under the scheme’s internal dispute resolution procedure
- Have responsibility for managing discretionary decisions cases
- Run the monthly pension scheme contribution cycle, ensuring that the correct contributions are received by the pension schemes each month, working with Payroll and HR teams.
- Support the drafting and review of member communications including the creation of content and review of the Scheme's biannual member newsletter.
- Co-ordinate the processing of annual bonus waivers.
- Produce annual statements for our Funded Unapproved Retirement Benefit Scheme.
- Support ad hoc projects and the wider Reward, Wellbeing and Inclusion team as required.
- Oversee the timely payment of invoices and work with the Pensions and Payroll Manager to monitor the budget.
- Proactively identify opportunities to streamline and improve pension.
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The knowledge, experience and qualifications you need
- Previous pensions experience either via a consultancy/administrator or in-house.
- Prior experience in the operation of occupational defined benefit and defined contribution schemes.
- Good knowledge of pension arrangements, legislative requirements, and best practice.
- Good wider pension industry knowledge.
- Third party relationship management experience.
- Proficient IT skills, particularly Excel and the wider Microsoft office applications
- Excel and data analysis skills.
- Clear and effective communication, both written and verbal.
- Comfortable with confidential and sensitive information.
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The knowledge, experience and qualifications that will help
- Pension scheme governance experience.
- Experience of supporting and working with a Trustee Board.
- Relevant professional qualifications or progress towards a formal pensions qualification.
- Knowledge of self-invested personal pensions and key differences between those and Trustee-based occupational pension schemes.
What you’ll be like
You will be passionate about pensions. We’re looking for someone who will approach the role enthusiastically - who works in a collaborative and inclusive way, building strong relationships. You deliver accurate, compliant work to a high standard and be a good communicator with a thoughtful, empathetic approach.
We Recognise Potential, Whoever You Are
Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
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