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As the Pensions & Benefits Consultant you will assist the Head of Pensions and Benefits to help shape and develop M&G plc's strategy for employee benefits and pensions. As part of this you will support the Head of Pensions and Benefits in managing M&G plc's relationships with the Trustees of our three large UK pension schemes.
You will provide challenge and support to the Head of Pensions and Benefits on projects across the range of Group pension scheme activities.
You will have a unique opportunity to gain a group-wide perspective on managing pension & benefits policy and strategy. You will work in a cross-cultural and cross-functional environment and learn the breadth of HR operations in a multi-national financial services group.
Key Responsibilities for this role:
Effective management of the UK ill-health, excepted life assurance and private medical arrangements
Point of liaison with the UK Trustee team on pension matters, this may include attending Trustee meetings
Administration of ongoing UK auto-enrolment compliance activities ensuring timely returns to the Pensions Regulator and efficient organisation of re-enrolments
Managing and assisting with benefit reviews and new benefit implementations
Managing and assisting with reviews of benefits providers / suppliers
Managing and assisting with the implementation of regulatory change projects
Assistance with the administration of non-standard legacy arrangements
Drafting, reviewing and updating employee benefit communications
Support and deliver other ad hoc pension & benefit projects
Assist in the ongoing management of adviser relationships
Key Knowledge, Skills & Experience:
Pensions and/or Benefits expertise, preferably in an in-house environment
Familiarity with UK pensions legislation and/or international pensions & benefits
Ability and ambition to expand knowledge across all areas of the team's remit
Attention to detail and accuracy in all work
Excellent organisational and planning skills
Strong written and oral communication skills
Strong knowledge of Microsoft Word, Excel and PowerPoint
Able to work independently and take ownership of tasks, while recognising the need for appropriate review / oversight
Eager to learn new things and comfortable with change
Able to communicate and work within a team effectively, influencing stakeholders, to ensure goals are achieved