Pensions Manager

Group Pensions Manager - 24 Month FTC

Role Purpose:

We are looking for a Pensions Manager who will lead a 12 month programme to document, assess and consolidate the organisation’s pension landscape, working closely with the Head of Shared Services, the Reward team, and the Broker. The role’s goals are to simplify governance and administration, improve member outcomes and engagement, and ensure robust compliance with UK pensions legislation and auto enrolment duties.

Key Responsibilities and Accountabilities:

• Deliver a time bound review and optimisation of pension schemes, establishing a single source of truth covering scheme structures, contribution models, providers, costs, membership, and governance.
• Ensure regulatory and governance compliance across auto-enrolment, certification, and re-enrolment, including management of beneficiary nominations, closed/legacy schemes, and historic Beckmann Rights.
• Develop and evaluate practical consolidation and simplification options (full or partial), supported by clear financial modelling (provider fees, transition costs, AMCs, and communication impacts).
• Conduct market benchmarking to inform recommendations on contribution structures, charges, provider services, and member engagement practices.
• Design and deliver targeted member engagement activities to improve scheme participation, beneficiary completion, and investment awareness within the contract period.
• Produce clear decision support materials for Board and Remuneration Committee, including options papers, financial analysis, benchmarks, and recommendations.
• Translate approvals into delivery-ready plans, coordinating providers, trustees, payroll, and internal stakeholders to execute agreed changes and migrations.
• Own stakeholder communications, progress reporting, and governance documentation, providing regular, transparent updates to senior leadership.
• Maintain auditable compliance records and work closely with Payroll to validate contribution calculations across pay frequencies, ensuring all deliverables are completed within agreed timelines.

Essential Skills and Knowledge:

• Significant experience managing UK DB schemes and provider relationships.
• Strong knowledge of auto enrolment, scheme governance, and trustee liaison.
• Financial modelling skills (fees, AMCs, transition costs) and options appraisal.
• Excellent project delivery and stakeholder communication; able to simplify complexity and influence.
• Advantageous: exposure to Beckmann/Martin rights, scheme consolidation/migration projects, and change communications.

Why us?

Markerstudy Insurance Services Limited (MISL) is one of the UK’s largest Managing General Agents – (MGA)* and specialises in providing motor and home insurance products along with complementary services through insurance brokers.

* According to the MGAA as at 18.09.24