International Pension Manager

Overview

Position: Pension Management Manager (Full time, Hybrid) located in Camberley, Surrey, UK. This role is responsible for financial oversight and management of over £1 billion of pension plan assets and liabilities across defined benefit and defined contribution plans in more than 40 countries in Siemens Energy's Europe, Africa and Asia region.

Key Responsibilities

• Oversee the financial management of pension programs and operations across multiple countries; maintain relationships with trustees, consultants, actuaries, investment managers, auditors and external plan providers.
• Manage projects to optimize SE's pension landscape, seeking opportunities from market developments or regulatory changes to efficiently de risk, manage costs/liabilities associated with, or improve the market competitiveness of pension plans in the regions.
• In the UK, lead the company's input into risk transaction projects, managing timelines and budgets, developing company strategy, preparing business cases and aligning with internal stakeholders to obtain approvals. Lead funding negotiations with the DB pension trustees, manage company input into investment strategy and the sharing of sponsor financial information for covenant assessment.
• Lead initiatives to transform existing processes through technology to improve efficiency and accuracy of various reporting.
• Develop, together with the global pension team (and other internal stakeholders such as tax, accounting and controlling), funding and financing strategies for defined benefit plans in the regions.
• Support SE M&A in transactions and coordinate the integration of acquired plans and trusts.
• Proactively drive and disseminate relevant knowledge within the SE Finance organization.

Requirements

• Strong analytical and organisational skills with a commitment to accuracy and attention to detail, good judgment, and ability to work independently within a defined scope of responsibility.
• B.A. / B.Sc. in Finance, Accounting, Economics, Mathematics or similar.
• 5+ years experience of pension management in an international company with international pension plans/trusts, or as a consultant supporting multi national clients. Experience in the UK market is essential; knowledge of other key markets in the region (e.g., Belgium, Netherlands, India, France, Spain, Middle East) is highly desired.
• Knowledge and understanding of different types of pension and post employment benefit arrangements, and different plan financing approaches.
• Solid understanding of accounting/pension liability concepts to support the Group's balance sheet risk management objectives.
• Proven project management skills and ability to interact with other departments and external parties.
• Excellent communication skills to explain complex pension issues to non specialists.
• Negotiation and communication skills in a business environment; analytical, strategic thinking and decision making capabilities; skills in self and team management.
• Open to occasional international travel.
• Experience in investment management, pensions in M&A and/or proficiency in French or Spanish are preferred.

Benefits

• Career growth and development opportunities
• Flexible work environment with flex hours, telecommuting, and digital workspaces.