Permanent role with a local authority
Job Purpose
* Provide authoritative and recommended advice on a specialist area for the council and / or partners to ensure proper compliance. Advice and support to teams/service/partners on a range of topics in order to further the achievement of the council’s visions, goals and core values.
Key Duties/Accountabilities
* The purpose of the Fund is to meet all future pension liabilities of its scheme members, whilst at the same time seeking to minimise the contributions that need to be paid into the Fund by the employer bodies. The level of employer contributions is assessed every three years through an actuarial valuation of the Fund.
* The Wiltshire Pension Fund administers pensions on behalf of over 170 different employer organisations, ranging from local authorities, FE colleges, academies, charities and third party service providers. The Pension Team is responsible for the governance and administration of the Wiltshire Pension Fund.
* The LGPS benefits being administered amount to liabilities and assets currently valued at c£3bn The correct administration is critical to ensure the Fund operates within various, complex regulatory requirements and avoids fines by the Pension Regulator along with the associated reputational risk.
* The management of the Fund’s assets and liabilities is attributable to its solvency and determines the level of contributions to be paid by employer’s organisations, a significant cost for them (circa. £40m per annum for Wiltshire Council alone) and for many smaller employers this has a direct impact on their financial viability.
Essential Experience Required
* Substantial relevant experience as a professional expert in a large complex organisation within a related specialist field is essential.
* Significant experience of leading complex and diverse areas of work involving a wide range of contacts which has a high impact on the organisation, community and partners is essential.
Essential Qualification Required
* A degree and relevant professional qualification such as (IPPM, PMI, CII) or related discipline (or ability to demonstrate skills at the required level) is essential.
* Extensive knowledge of the LGPS Regulations is essential.
Additional information to note
* Working hours: 37 hours per week
* This is a hybrid role with a 50% office attendance requirement.
The closing date for this position is 1st April 2025.