Pension Scheme Manager

The world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. To meet our clients’ complex and evolving investment needs, our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds. We’re focused on continuously innovating our investment products, maintaining our reputation as experts across all asset classes, and striving to build a more responsible and sustainable future.

We are looking for an experience Pension Scheme Manager to drive excellent scheme governance on behalf of the Mastertrust Board and Independent Governance Committee. 

Principal responsibilities 

• Working with the Pension Scheme Director and other Pension Scheme Managers to drive the Mastertrust Board (trust-based schemes) and Independent Governance Committee (contract-based schemes). 
• Using your knowledge of emerging changes in the DC market to support in ensuring that these independent bodies are discussing and influencing the direction of travel for regulations and best practise standards across DC and Master Trust schemes.
• Liaising with key stakeholder across Legal & General on delivering the trustee’s strategic priorities and in continuing to develop the products and services offered to trust and contract-based DC members.
• Managing and owning activities on behalf of the Board and IGC and deputising for the Pension Scheme Director in wider internal and external stakeholder engagements.
• Maintaining knowledge of the Defined Contribution market risks, opportunities, legislative changes and market developments.  Ensuring developments are included on agendas taking a forward-looking approach to drive the strategic development of the scheme.  Working with L&G business representatives to ensure that the Trustees and IGC’s strategies and governance requirements are aligned with the business and successfully delivered.
• Maintaining knowledge of the master trust authorisation and supervision requirements, ensuring the master trust is meeting new and emerging requirements and expectations with an objective to deliver excellent scheme governance.
• Taking ownership of activities, working closely with external parties and L&G business representatives on matters such as:
  • Capturing key governance controls throughout the year and summarising within the annual report (IGC) and Chair’s Statement (Mastertrust). This includes leading on the annual value for money assessment.
  • The annual Mastertrust Assurance Framework Audit, collating evidence on controls and measures in place and drafting the report. 
  • Producing the annual Mastertrust Report and Accounts, collating and supplying evidence required.
• Drafting and agreeing agendas. Writing, collating and consolidating papers, liaising with the company secretarial team, L&G business representatives and external speakers to quality assure papers and presentations and follow up on actions.
• Deputising for the Pension Director at Board and IGC meetings, ensuring robust scheme governance and driving the strategic direction of the schemes. This could include representing the scheme at external events and in discussions with Regulators (FCA and TPR).
• Supporting the Pension Director with managing third party relationships and conducting regular reviews of service providers. Procuring external specialist advice as requested by the Trustee Board or IGC.
• Supporting the Pension Scheme Management Team in providing executive support across different specialist areas including operations, communications, investment, or risk.  This may include leading member or employer engagement meetings, preparation of regulatory documents and approval of discretionary decisions.
• Supporting the Pension Director with miscellaneous tasks, including payment of invoices and managing expenses, organising meetings and representing the schemes at events or meetings.

• Experience and knowledge of DC Workplace pension product solutions and marketplace (Occupational Trust, Contract, Mastertrust).
• Experience and knowledge of master trust authorisation and supervision requirements would be beneficial.
• Ability to succinctly summarise information drawing out the key points relevant to decision makers
• Demonstrable communications skills, the ability to articulate and convey information in a clear and compelling manner in writing and in person
• Ability to build good working relationships with professionals across the L&G business, our board and IGC and service providers.
• Highly organised. Able to deal with multiple tasks at the same time and co-ordinate input from various stakeholders.
• Discretion and trustworthiness
• Ability to prioritise workload and meet deadlines

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings. 

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.