Pension Fund Governance Manager Ref 1528070

Essential Employment; Bristol, Cardiff; On-site; GBP 50,000 - 53,000; Full time

Job summary

A leading company is seeking a Fund Governance Manager to oversee the administration of the Wiltshire Pension Fund. This full-time, permanent role involves ensuring compliance with complex regulations and managing relationships with multiple employer organizations. The successful candidate will play a crucial role in the governance and financial viability of the Fund, which manages significant assets and liabilities.

Responsibilities

• Administer pensions for over 170 employer organizations.
• Ensure compliance with regulatory requirements.
• Manage relationships with scheme employers.

Job description

Fund Governance Manager needed in Trowbridge, £50,788 to £52,805 per annum - Reference:1528070

The purpose of the Fund is to meet all future pension liabilities of its scheme members, while seeking to minimize contributions paid into the Fund by employer bodies. The level of employer contributions is assessed every three years through an actuarial valuation.

The Wiltshire Pension Fund administers pensions for over 170 employer organizations, including local authorities, FE colleges, academies, charities, and third-party service providers. The Pension Team oversees the governance and administration of the Fund, which currently has liabilities and assets valued at approximately £3bn.

Accurate administration is essential to ensure compliance with complex regulatory requirements and to avoid fines from the Pension Regulator, thereby protecting the Fund's reputation.

The management of the Fund’s assets and liabilities affects its solvency and influences contribution levels, which are significant costs for employer organizations (around £40m annually for Wiltshire alone). This has a direct impact on their financial viability.

The Fund ensures all pension benefits are paid correctly, promptly, and in accordance with scheme regulations. It manages relationships with the 170 scheme employers, overseeing their admission and cessation.

The Fund monitors and reviews its investment strategy, proposing improvements to ensure assets and costs are reported accurately and legally. Investment management services are procured through the Brunel Pension Partnership, which the Fund participates in alongside nine other LGPS Funds.

Role Details

• This is a full-time, permanent role.
• If interested, please apply via our website with your CV or email your CV to [e-mail] quoting the reference number.

Additional Information

Essential Employment acts as an employment business for this vacancy and is an Equal Opportunities Employer.

All roles may require pre-employment checks, including references. Please be prepared.

Due to high volumes of applications, we cannot respond to all unsuccessful candidates, but you will be contacted if your CV advances to the next stage.

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