Description

Assistant Pensions Manager (Master Trust) - London

Mercer is seeking an Assistant Pensions Manager to join our market leading Master Trust team in London. The successful candidate will be accountable for managing the internal controls framework to ensure authorisation is maintained. This role plays a key part in the relationship with the Regulator through the supervisory regime and ensuring the Master Trust remains compliant with overriding legislation at all times. The Assistant Pensions Manager is a leadership role which drives the product forward through transformation and operational excellence.

We will count on you for:

• Working closely with various Stakeholders, including the Pensions Manager, Trustees, their professional advisers, Participating employers, the Pensions Regulator and the Strategist Group.
• Liaising with the Pensions Regulator in relation to Supervision on behalf of the Trustees and Strategist/Founder
• Ensuring ongoing compliance with the Pensions Act 2017, under the supervision regime for authorised master trusts, including regular reporting and significant event reporting for the Pensions Regulator
• Preparation of papers and attendance at Trustee and Strategist Meetings
• Ensuring the Trustees are abreast of relevant legislation updates
• Operational oversight including SLA management, contributions, complaints monitoring and error escalations/resolution
• Liaison with new clients, legal advisers, the Trustees and Strategist/Founder in respect of on-boarding and Deeds/Legal documents.
• Liaison with the Trustees/Founders professional advisers on various matters where advice/professional services are required
• Assisting the Secretary of Trustees in all matters regarding the Master Trust where appropriate
• Oversight of the completion of the annual audit and Trustee Report and Accounts
• Oversight, formulation and completion of the annual Master Trust Assurance Framework (MAF) under ICAEW TECH 05/20 AAF (previously TECH 02/07 AAF)
• Assisting with the completion of the annual Annual Chair's Statement and Value for Members Assessment
• Completion and submission of ONS Surveys, Accounting for Tax (AFT), Scheme Returns to the Pensions Regulator and Event Reporting to HMRC

What you need to have:

• Detailed DC pensions knowledge with a deep understanding of the Pensions Act 2017 and DC Code
• Able to balance competing priorities using an agile approach, embracing and driving change.
• Strong stakeholder management.
• Understanding of Mercer policies and procedures (or a willingness to learn)
• A role model for collaborative working, valuing and developing colleagues.
• Proven ability to challenge, influence and do things differently with positive benefit

What makes you stand out:

• Knowledge of the Master Trust authorisation and supervisory regime
• A passion for governance and best practice
• Strong communication skills

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.