Reward & Pension Coordinator
Advert Close Date: 22nd November 2024
Purpose of role:
By supporting our reward and pension activity, you will ensure our total reward offering remains competitive and aligned to our strategic goals. As a Reward and Pension Coordinator, you are our in-house pension subject matter expert playing a crucial role in supporting The Crown Estate’s pension schemes and broader Reward plans. You are at the heart of our pension coordination while also working with your reward team and broader People & Culture colleagues on broader reward activities. You will ensure compliance with UK government regulations, collaborate closely with our outsourced pension provider, and handle day-to-day pension activities. You’re the friendly face for external partners and stakeholders such as trustees and pension providers. You’re there to support our scheme members whenever they need guidance, whether they are planning for retirement or navigating pension-related matters.
Main Accountabilities:
- Supporting the Reward and People operations team in leading key reward project activity as well as day to day support to team.
- Salary benchmarking and job evaluation in line with our reward framework and supporting annual benefit renewals and the annual pay and bonus cycle.
- Regular project activity involvement in line with our broader People and Culture strategy.
- Ensure smooth pension administration, compliance with UK regulations and seamless coordination with our outsourced pension provider.
- Pension relationship and stakeholder management, including the company representation at Trustee meetings, ensuring effective communication and collaboration.
- Monitor the cash allowance scheme and changes to legislation on lifetime and annual allowance and the auto enrolment and re-enrolment processes.
- Responsible for supporting the budgeting and management of all pension costs, including business planning with providers.
- Working with advisors to reviewing and improve our member communications and online platform
- Coordination of member pension consultations including supporting the preparation and management of project plans.
- Remain up to date on legislative developments and industry best practice. For example, monitoring notices from the civil service pension scheme and completing mandatory administration modules.
- Attend monthly meetings with outsourced provider and relationship managers to ensure timely delivery of administration service and projects.
- Prepare the quarterly employer update and present at trustee board meetings
- Provide accurate and clear guidance, answer queries, and offer support for employees at all stages of the employee lifecycle. For example, new joiner meetings, annual allowance, life-time Allowance
- Calculate benefit entitlements for retirements, terminations, and death in service.
- Promote awareness of our pension schemes.
Knowledge, experience, and skills:
- Reward knowledge and experience in a reward or pension environment.
- In-house pensions experience on DB & DC schemes desirable.
- Understanding of UK occupational pensions, regulations and HMRC requirements, and knowledge of the Civil Service pension arrangements or willingness to learn in this area.
- Strong numerical and analytical skills
- Excellent stakeholder management skills plus the ability to identify and resolve issues and queries in a timely manner.
- Strong collaboration skills working effectively with colleagues, trustees, and external partners.
- Attention to detail and strong organisational skills.
- Professional qualifications such as PMI certification are desirable.
This is a Permanent role.
Advert Closing date: 22nd November 2024
At The Crown Estate, we believe in creating an environment where everyone can thrive. We offer a competitive salary, comprehensive benefits, and opportunities for professional growth.
Join us and be a part of a team that values sustainability, innovation, and excellence.
We are a proud Disability Confident employer and operate the offer of interview scheme Disability Confident employer scheme - GOV.UK (www.gov.uk).
We are happy to offer alternative application methods or formats and can be flexible on our process to enable you to have the best opportunity. If you have any questions about our recruitment process or would like to talk about adjustments, please contact us at careers@thecrownestate.co.uk.
- Department
- People and Culture
- Locations
- The Crown Estate, 1 St James Market
- Remote status
- Hybrid Remote
- Employment type
- Full-time
The Crown Estate, 1 St James Market
Our Perks & Benefits
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28 days paid holiday
We value that you get more time with your family and friends. Therefore, we offer everybody 28 days paid holiday, 2 volunteering days and the option to purchase further holiday.
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Flexible working
We value work-life balance highly, therefore we have flexible & hybrid working policies.
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Market leading family friendly policies
We want the support we offer to be inclusive of everyone, reflective of the wide range of situations people face in life.
Workplace, Culture & Diversity
It’s our ambition to be an inclusive organisation that reflects our society, one where all feel welcome, able to be themselves and belong.
A workplace where you’re empowered to be yourself, diverse thinking is encouraged, and a place where you can realise your potential.
About The Crown Estate
The Crown Estate is a unique business with a distinct heritage and a portfolio unlike any other.
It includes some of central London’s best places to work, shop and spend time, retail and leisure destinations across the country, and a substantial rural portfolio. As manager of the seabed and half the foreshore around England, Wales and Northern Ireland, we play a role in the UK’s world-leading offshore wind sector as well as marine aggregates, cables and pipelines. We are also responsible for the Windsor Estate, including the world-renowned Windsor Great Park.
Reward & Pension Coordinator
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