Develop pension fund policies, strategies, and objectives aligned with the Organisation’s HR and financial goals.
Serve as a principal advisor to the Board of Trustees and senior HR leadership on pension fund matters.
Ensure strong governance in line with best practices, fund rules, and regulations under the Pension and Provident Funds Act.
Manage the pension fund’s investment strategy to maximize returns within acceptable risk parameters.
Monitor and review investment performance, asset allocation, and economic trends with reporting to stakeholders.
Coordinate with external investment managers, actuaries, and financial advisors.
Ensure the pension fund complies with all relevant legal, regulatory, and reporting requirements, including those of the Insurance & Pensions Commission (IPEC).
Implement effective risk management frameworks to safeguard fund assets and benefits.
Oversee day-to-day pension fund administration, including member records, contributions, benefit payments, and reconciliations.
Manage the coordination of trustees’ meetings and preparation of documentation for decision-making.
Ensure accurate and timely pension payrolls and actuarial data preparation.
Act as the key contact for pensioners, participating members, HR colleagues, trustees, and administrators regarding fund matters.
Prepare and present regular reports on fund performance, compliance status, and strategic initiatives to management and governance bodies.
Supervise and mentor pension support staff or specialists involved in fund administration.
Collaborate across HR and finance functions to integrate pension considerations into HR strategies and total reward frameworks.
Qualifications and Experience
The ideal candidate should have:
Bachelor’s degree in Finance, Accounting, Economics, Human Resources, or a related field.
Professional qualifications such as CFA, CIPD, or actuarial/pension trusteeship certification is an advantage.
5 years’ experience in pension fund management or related financial/investment roles.