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Pensions Manager - UK / Europe

United Kingdom , London • Posted: 2022-06-29 • 603 Views

Job Overview & Requirements

<p><b>Pensions Manager - UK / Europe</b><br />
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<b>Are you an experienced Pensions Manager looking for a new opportunity?</b><br />
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<b>Join our Total Rewards Team</b><br />
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At Baker Hughes our purpose is clear. We take energy forward - making it safer, cleaner and more efficient for people and the planet.<br />
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<b>Partner with the best</b><br />
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As an experienced UK Pensions Manager with the primary focus of supporting the Trustee Board in its governance of the Baker Hughes UK Pension Plan and wider corporate activities to support management of retirement programs in the UK and across Europe region. Anticipating, enabling, and supporting compliance with regulatory and administrative frameworks to ensure the smooth and efficient management of the Plan on behalf of the Trustee Board and members.<br />
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The Baker Hughes UK Pension Plan is a complex, multi-section DB and DC scheme, closed to accrual, with assets of c&pound;1.5bn and a membership of c7,500.<br />
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The role may involve supporting the oversight of the Company&
39;s ongoing UK Retirement Savings vehicle governed under the Mercer Master Trust.<br />
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As a Pension Manager, you will be responsible for:</p>

<p>&nbsp;</p>

<ul>
<li>Acting as Secretary to the Trustee, working closely with the Chair, providing all aspects of a professional secretariat service, and managing all the activity of the Trustee in order to ensure it is effectively supported and informed, drawing on advice from external advisers, where appropriate</li>
<li>Maintaining and developing the Trustee Board&
39;s business plan in line with the Board&
39;s strategic objectives, and ensuring that projects/cyclical works are undertaken within the required timescales and legislation</li>
<li>Preparing the agenda and meeting packs for 4 Trustee meetings, 4 Investment Sub-Committee and 4 DC and Administration Sub-Committee meetings a year (12 full day meetings)</li>
<li>Preparing for ad hoc meetings in person or by conference call as required; drafting formal minutes and ensuring actions are disseminated and progressed</li>
<li>Managing relationships, and agree and maintain contracts, with advisers and service providers</li>
<li>Accountable for the relationship with the third-party administrators, ensuring quality of delivery, assessment of risk controls and performance in line with agreed service levels</li>
<li>Co-ordinating production of member communications to raise member awareness and understanding of the value of the Plan benefits</li>
<li>Co-ordinating with HR, Treasury and other internal functions to provide operational support, as required, and ensuring an effective working relationship is maintained between the Trustee and the Company</li>
<li>Providing up to date Plan, information and support to the Plan Sponsor, including in relation to the annual pensions accounting process</li>
<li>Overseeing the production of the Trustee&
39;s annual report and accounts, including DC Chair&
39;s Statement, Implementation Statements and TCFD reports, manage the annual external audit process.</li>
<li>Managing discretions cases and member complaints, with delegated authority to exercise certain Trustee discretions and respond on behalf of the Trustee to member complaints</li>
</ul>

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<b>Fuel your passion</b><br />
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To be successful in this role you will:</p>
</p>

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<ul>
<li>Have strong organisational and project management skills</li>
<li>Have extensive experience working in the UK pensions industry, preferably at managerial level and ideally an Associate of the Pensions Management Institute</li>
<li>Have maintained excellent pensions technical knowledge and market insights to provide guidance and technical support to the Trustee Board including interpreting rules, briefing papers, and understanding of issues</li>
<li>Have experience of managing external service providers and advisers ensuring contracts reflect the Trustee&
39;s needs; the agreement and delivery of agreed performance metrics; and design of service review frameworks to assess satisfaction levels.</li>
<li>Have Strong oral and written communication</li>
</ul>

<p>&nbsp;
<p><br />
<b>Work in a way that works for you</b><br />
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We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working patterns:</p>
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<ul>
<li>Working remotely from home or any other work location in the United Kingdom</li>
<li>Working flexible hours - flexing the times when you work in the day to help you fit in everything in and work when you are the most productive</li>
</ul>

<p>&nbsp;
<p><br />
<b>Working with us</b><br />
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Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.<br />
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<b>Working for you</b><br />
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Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:</p>
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<ul>
<li>Contemporary work-life balance policies and wellbeing activities</li>
<li>Comprehensive private medical care options</li>
<li>Safety net of life insurance and disability programs</li>
<li>Tailored financial programs</li>
<li>Additional elected or voluntary benefits</li>
</ul>

<p>&nbsp;
<p><br />
<b>About Us</b><br />
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With operations in over 120 countries, we provide better solutions for our customers and richer opportunities for our people. As a leading partner to the energy industry, we&
39;re committed to achieving net-zero carbon emissions by 2050 and we&
39;re always looking for the right people to help us get there. People who are as passionate as we are about making energy safer, cleaner and more efficient.<br />
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<b>Join Us</b><br />
<br />
Are you seeking an opportunity to make a real difference in a company with a global reach and exciting services and clients? Come join us and grow with a team of people who will energize and inspire you!<br />
<br />
<b>About Us:</b><br />
With operations in over 120 countries, we provide better solutions for our customers and richer opportunities for our people. As a leading partner to the energy industry, we&
39;re committed to achieving net-zero carbon emissions by 2050 and we&
39;re always looking for the right people to help us get there. People who are as passionate as we are about making energy safer, cleaner and more efficient.<br />
<br />
<b>Join Us:</b><br />
Are you seeking an opportunity to make a real difference in a company that values innovation and progress? Join us and become part of a team of people who will challenge and inspire you! Let&
39;s come together and take energy forward.<br />
<br />
Baker Hughes Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.</p>
</p>

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Job Summary

Category Administrative
Country United Kingdom
City London
Employment Type Full Time
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