We’re looking for an assistant pensions governance manager to join us and play a key part in delivering Co-op’s pensions strategy. With over 170,000 active and deferred members and pensioners, and circa £14bn of pension scheme assets, we look after one of the UK’s largest pension schemes, and four other legacy Co-op pension schemes.
In this varied role, you’ll be joining our in-house team of 14 colleagues responsible for managing the Co-op’s DB (defined benefit) and DC (defined contribution) pension arrangements. You’ll provide aspects of scheme secretarial services, as well as project support and assistance to the trustee boards. It’s a big job. But an even bigger opportunity for you to develop your skills and help us to continue to provide our colleagues and members with a first-class service.
What you’ll do
- assist in the delivery of a complete trustee support service across the Co-op’s pension schemes including facilitating live and virtual meetings
- build and develop reports for quarterly trustee and committee meetings, as well as writing agendas and taking minutes
- keep your knowledge up to date by attending external briefings, bringing expertise back to provide a technical research and advisory service to the trustees and the business
- assist in the development of our pensions strategy, supporting technical specialists and governance managers in the practical application of the strategy across the Co-op and its schemes
- take responsibility for maintaining accurate and up to date regulatory information (including with HM Revenue and Customs, Pensions Regulator, Office of National Statistics, Pension Protection Fund, and Companies House)
- get involved with a variety of interesting pensions-related projects and ad-hoc work, including more complex member complaints
- manage internal logs relating to business plans, training, regulatory breaches, and risk registers and provide audit support on governance and compliance issues
This role would suit people who have
- a solid pensions background, with experience of working with defined benefits schemes – additional experience with defined contributions would be ideal, but not essential
- knowledge of governance surrounding defined benefit and/or defined contribution schemes
- excellent communication skills, both verbal and written
- a talent for building positive relationships with partners across the business
- solid understanding and knowledge of data protection legislation
- pension law experience would be desirable, but not essential
Here you’ll do work that matters. We’re a commercial organisation with a purpose beyond profit, you’ll have an opportunity to help us build a stronger Co-op and stronger communities. You’ll also get a package that includes:
• competitive salary
• coaching, training and support to help you develop
• pension with up to 10% employer contributions
• annual incentive scheme
• 28 days holiday (rising to 32 in line with service)
• discounts on Co-op products and services
Building an inclusive work environment
We’re actively building diverse teams and welcome applications from everyone. But simply having a diverse workforce is not enough. We aim to build an inclusive environment, where everyone can contribute their best work and develop to their full potential. We celebrate our differences, and recognise the importance of teams reflecting the communities they serve.
We can make reasonable adjustments to our interview process according to your needs. And we offer a flexible working environment so you can adjust your hours to suit your personal circumstances.
As part of your application you’ll need to complete an online assessment. It will take you around 12 minutes to complete this test.