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HR - Pensions Analyst

Employer
Citigroup Inc.
Location
Borough, South East London, United Kingdom
Salary
Competitive Salary
Closing date
Feb 13, 2024

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Job Role
Financial Planning
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Purpose:
  • To provide support to the Citi UK Pensions Manager and work with the Trustee Board, Committees and sub-Committees.
  • Key role in the management of the Citi UK Pension Plans managed from London
  • The role will involve working closely with the HR Community, UK counterparts in other Citigroup businesses outsourced vendors/administrators as well as the Trustee Board and Committees

Key

Responsibilities:


To support the Pensions Manager in carrying out the following duties:
  • To support the Pensions Manager to ensure the correct running of the company pension arrangements (from both a trustee and company perspective)
  • To act as a pensions specialist and work with other specialist areas (eg HR, Payroll) as appropriate to provide seamless support to employees and members.
  • To contribute to pensions projects as well as support the delivery of business-as-usual activities.
  • Support the Pensions Manager in their role as Secretary to the Trustee Board and Committees as required.
  • Own the preparation of agendas, papers and minutes for Committees and sub-Committees as required.
  • Present papers/updates at Trustee meetings and review advisor papers.
  • Support the Pensions Manager in managing the relationship with the third-party administrator and outsourced vendors, resolving issues and ensuring Service Level Agreement (SLAs) are met, relevant changes to schemes or potential developments which impact on administration are acted on appropriately, with a view of taking responsibility for the management directly for some vendors. Escalate any issues to the Pensions Manager as appropriate.
  • Work closely with payroll and the administrators to resolve data and contribution issues.
  • Manage production and review of communication materials, including first drafts where appropriate
  • Lead 1:1s with members and employees, acting as the pensions specialist
  • Support and manage the selection process for group life insurers
  • Support and manage projects in respect of any aspect of pension provision
  • Work with the flex benefits system, ensuring pension plans set up correctly
  • Support and manage budgets and vendor invoice management
  • Deputise for the Pensions Manager, in pension matters as required.

Knowledge/Experience:
  • Technical Pensions Experience
  • Expert understanding of UK pension plan technical requirements and operation (AA, LTA, GMPs, Discretions, IDRPs etc)
  • Broad understanding of HR practices in general and pension and benefits provision in particular.
  • Experience of dealing with corporate processes, payroll, budgets, and invoice management
  • Experience of dealing with a wide range of internal and external third parties.

#LI-RM2
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Job Family Group:

Human Resources
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Job Family:

Compensation & Benefits
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Time Type:

Full time
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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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