About the Role
KPMG's Pensions Advisory business is expanding its team and seeks a talented and experienced Manager to work closely with defined benefit pensions colleagues. The role involves journey planning, risk management, funding advice, M&A due diligence, member communication, benefit change advice, and governance compliance.
Responsibilities
- Journey planning and risk management, aiming for self-sufficiency or buy out, and endgame options including use of surplus
- Funding advice to sponsors and advice on compliance with DB funding code
- Advice on contingent funding options and work on special purpose vehicles
- Pensions due diligence on mergers and acquisitions
- Provision of member education and communication
- Advice on benefit change, benefit design and implementation
- Advice on good governance and compliance
- Lead contact with client teams, managing day-to-day relationships
- Work closely with tax and legal specialists across all KPMG UK offices
- Supervise the work of junior staff, providing coaching and development
- Performance management responsibilities for a small number of employees
- Helping to develop junior colleagues, including delivering technical training, improving technical knowledge, and developing consulting skills
- Lead contact with clients on key pensions engagements, with overall responsibility for stakeholder relationships
- Contributing to developing streamlined and efficient procedures, whilst maintaining an absolute focus on quality
- Strong financial management, setting and agreeing budgets for work, delivering to budgets and timely billing and debt collection
- Signing off technical DC work in line with professional standards (where applicable) and, in line with KPMG quality procedures
- Directing and overseeing the work of engagement teams and team members, including reviewing their DC technical work (e.g., checking calculations and reviewing conclusions), and providing coaching and mentoring support
- Performance managing team members, ensuring that you are having rich development conversations that support their growth and career progression
Requirements
- Technical knowledge: Understands relevant technical actuarial, accounting and financial reporting standards, pension regulations and legislation. Exhibits and stays current on appropriate industry and specialist knowledge, and leverages KPMG methodologies.
- Technology skills: Uses firm-approved tools and innovative technology solutions to increase quality, productivity and data insights.
- Professional scepticism: Applies professional scepticism, objectivity and independence to pensions actuarial work
- Documentation: Completes documentation and audit trails demonstrating an unwavering focus on quality and in line with the actuarial standards.
- Embrace and embed our culture ambition of high challenge, high support which is grounded in Our Values.
- Operate with a curious and sceptical mindset ensuring that this is embedded in your everyday work.
- Actively lead and embed a coaching culture to get the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.
- Be accountable, professional and act in the public interest, working for the benefit of stakeholders and wider society.
- Be inclusive and embrace the opportunity to work with other teams across the firm in an integrated way. Have a sense of community, purpose and fun.
Skills
- Relevant experience working in pensions advisory at Manager level, at either an employee benefit consultancy or other Big 4 firm.
- Technical knowledge of defined benefit pension scheme valuations, roll forward methodologies and actuarial techniques.
- Understanding of the wider UK pensions landscape, and the issues facing our stakeholders.
- Experience of the pensions implications within an M&A context
- Experience of leading and performance managing teams, coaching and mentoring junior staff.
- Experience of delivering high quality, complex projects, including team oversight and stakeholder management.
- Experience of managing and delivering end-game journey planning engagements.
- Experience of advising on scheme funding and knowledge of the regime governed by the Pensions Regulator, including the DB scheme funding code.
- IT literate with sound knowledge and experience of MS Office tools (Excel, PowerPoint and Word).
- Highly effective stakeholder management and relationship building skills; credible and confident with stakeholders at all levels.
- Strong organisational and time management skills; able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
- Self-driven and resilient; able to thrive in a high-pressure environment.
- Effective problem solver; makes pragmatic and logical decisions, drawing on own and others’ technical expertise to provide high quality solutions.
- Strong analytical and numerical skills; able to analyse and interpret complex technical statistical information, with a focus on quality, attention to details and accuracy in calculations.
- Effective team working skills; works collaboratively with others towards shared goals.
Location
- London Canary Wharf
- Birmingham
- UK
Work Type
- Office work
- Working from home
- Flexible hours
- Part-time options
Experience Level
- Manager level
About the Company
- KPMG's Pensions Advisory business continues to build out its new pensions team and requires individuals that can bring different skill-sets to the team.
- Within Tax we have a range of divisions and specialisms.
- About our firm: About our firm (kpmgcareers.co.uk)
- KPMG Culture. Being Inclusive: Being inclusive (kpmgcareers.co.uk)
- KPMG Workability and Disability confidence: Need Support? Let us know (kpmgcareers.co.uk)
