Job Description
We are looking for an experienced professional with end-to-end responsibility for managing and administering our UK pension & benefits portfolio, whilst providing support to and acting as Secretary for the UK Pension Trustee Board, who manage and govern our Defined Benefit and defined Contribution pension plans.
The role requires technical pension & benefits knowledge and experience, enabling the individual to support the Company, Trustees and Employees in all aspects ranging from strategy and policy through to routine but important administration.
RESPONSIBILITIES
- Responsible for managing the UK pension & benefits portfolio (including healthcare, life insurance, disability) and supplier relationships and administration processes; including budgeting and supplier invoicing, annual renewals and periodic market reviews.
- Leading the implementation of any changes to our offering as a result of market reviews &/or legislative changes, developing and supporting continuous improvement initiatives.
- Research, analyse and resolve employee queries and issues in collaboration with internal stakeholders, pension & benefits suppliers, pension trustees and external advisers as appropriate.
- Collaborate with Payroll and Finance teams to ensure pension auto-enrolment compliance, timely payment of monthly pension contributions, and provide support for annual audit and year end accounting processes.
- Responsible for employee communications and keeping the pension & benefits information on the employee HR portal up to date.
PENSION TRUSTEE SUPPORT
- Act as Secretary to the UK Pension Trustee Board; assisting the Trustees and in particular the Chairman to carry out their duties and responsibilities in a timely and proper manner.
- Preparation and development of the Trustee’s business plan, preparing meeting packs and taking actions from the Trustee meetings (currently quarterly).
- Liaise with the Company’s representatives and the pension plan’s Administrator, investment managers, Actuary and advisers.
- Maintain the governance and risk structure in place for each section of the pension plan: closed Defined Benefit, closed Retirement Capital Plan, open Defined Contribution.
- Review draft contracts and performance standards with service providers to be put before the Trustee Board for approval and ensure that the periodic review of the performance of service providers is on the Trustee’s business plan.
- Managing processes such as the annual PPF Levy, triennial valuation, audits, regulator returns and new Trustee inductions.
- Managing complaints under the Internal Dispute Resolution Procedure.
Ensure any potentially significant adverse events relating to the pension plan are reported to the relevant authority in accordance with legislative requirements.
REQUIRED SKILLS & EXPERIENCE
- Strong technical knowledge / expertise relating to UK pension & benefits provision, including understanding of design and financing.
- Experience of pension & benefits administration and project management.
- Strong relationship management skills, able to liaise proactively and effectively with internal stakeholders, pension & benefits suppliers, pension trustees and external advisers; establishing credibility and ability to influence.
- Excellent communication skills with the ability to explain complex pensions and benefits matters to non-specialists.
- A proactive and enthusiastic team player with high level of self-motivation, able to work unsupervised and meet deadlines
- Demonstration of Avis Budget Group’s Core Values:
- Customer-Led: We shape our strategies through the eyes of our customers.
- Ownership: We hold ourselves and each other accountable for performance.
- Inclusion: We work as one, embracing our differences.
- Integrity: We do the right thing no matter what.
- Innovation: We continually challenge ourselves to think differently.
AVIS BENEFITS:
- 33 days holiday inclusive of bank holidays
- Employee Assistance Programme (EAP) provided by Health Assured – 24/7 support for your mental health and wellbeing
- Employee discounts on car rental across Avis Budget Group (including Zipcar).
- Friends and family discount
- Pension contribution
- ABG Employee Rental Policy
Avis Budget Group is a leading global provider of mobility solutions, operating three of the most recognized brands in the industry through Avis, Budget and Zipcar, the world’s leading car-sharing network. Together our brands offer a range of options, from car and truck rental to on-demand car sharing that bring vehicles closer to where and when customers need them, by the minute, the hour, one-way, daily, weekly and months-long reservations. Our brands represent a mobility ecosystem of more than 11,000 locations in approximately 180 countries. With more than 70 years of experience in managing global fleets and with one of the largest fleets of connected cars in the world, we are committed to innovation and are moving the future of mobility forward.
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Job Types: Full-time, Permanent
Benefits:
- Company pension
- Employee discount
- Free parking
- On-site gym
- On-site parking
- Private medical insurance
- Referral programme
- Work from home
Schedule:
Supplemental pay types:
Work Location: Hybrid remote in Bracknell
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