About the Role - As a wind up consultant, your role will include leading your clients through their wind-up journey working with both Trustee Boards and Sponsoring Employers of UK defined benefit pension schemes. You would be a key member of the Pension Scheme Wind Up Team bringing together key stakeholders and advisers. Your focus will be on delivery of advice to clients; building relationships with key decision makers to help with managing projects, and coaching and managing less experienced members of the teams. You will need to have a significant understanding of the pensions management space with a track record of client facing roles and some experience in new business and wider pensions consulting would be desirable. You will work closely with others involved in this area of pensions wind up and receive support from a wider team for each scheme.
Responsibilities -
* Client delivery:
* Leading on a number of wind up projects including being the direct contact for the trustees/working party and liaising with other relevant stakeholders
* Providing oversight and direction when both planning for and carrying out scheme wind up projects
* Leading (or supporting) on strategic and technical aspects related to wind ups, e.g. comparing scheme factors to insurer factors, carrying out winding up lump sum exercises, inputting into funding reserves and providing surplus balance sheets
* Prospecting for future wind up cases and helping them plan for their end game
* Helping to develop the Scheme wind ups proposition, build relationships within the team and share ideas
* Delivering training to clients
* Consult with client contacts to agree budgets and deadlines for work, ensuring necessary service agreements are in place.
* Encourage effective communication within client teams to support the delivery of work and understanding of client commercials.
* Prepare client invoices within the internal deadlines and subject to internal procedures.
Qualifications -
* Ideally, a professional qualification (or part-qualification) in pensions (e.g. APMI, AFPC or IFoA)
* Ideally holds an Honours Degree
* Educated to at least A’ level/Scottish Higher level or with demonstrable equivalent experience
Required Skills -
* Have some broader experience in areas such as corporate transactions, risk transfer, liability management exercises, pensions aspects of sale agreements, or dealing with the practical aspects of bulk transfers
* Have an understanding of related employee benefits issues in order to advise clients on strategy and liaise effectively with other disciplines within the Firm
* Experience of operating successfully in a previous consultancy role or else have experience of leading and advising UK pension funds within a complex pensions environment in a Trustee Executive or Pension Scheme Management role
* Technical competence and solid understanding of the legislative framework for UK pension schemes including disclosure requirements and statutory reporting requirements
* Strong organisational and analytical skills, with the ability to deal with ambiguity and rapid change
* Strong influencing skills and ability to positively and sensitively work with senior stakeholders
Pay range and compensation package - £70,000-£75,000