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Pensions Policy Lead (2 Year Fixed Term Contract)

Lloyds Banking Group
United KingdomRemotefull_timeVerifiedPosted 11 Aug 2026
💰 £95,000/yr(£80,000/yr£95,000/yr)

About the role

End Date

Monday 24 August 2026

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working

Job Description Summary

Job Title: Pension Policy Lead
Salary Range: £80,000 - £95,000
Location(s): Edinburgh, Leeds or Halifax
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time at one of our office hubs.

About this opportunity 
You'll play a leading role in developing and delivering the Group's agenda for colleague pension provision, translating strategic objectives into practical initiatives, governance activities and policy solutions that deliver positive outcomes for colleagues and the business. 

Working closely with the Head of Pension Policy, you'll lead complex pension projects, governance activity and policy development, manage pension risks (excluding funding) and help shape the evolution of the Group's pension arrangements in response to business, regulatory and market developments. 

You'll bring deep technical expertise, strong stakeholder management skills and the ability to balance strategic thinking with practical delivery across a complex pension environment. 

Job Description

Day to day you will 

Strategic change and project delivery 

  • Support the delivery of the Group's pensions agenda through the development and implementation of pension policies, frameworks and initiatives. 

  • Analyse legislative, regulatory and market developments, assessing potential impacts and recommending appropriate actions. 

  • Identify emerging trends, risks and opportunities and contribute ideas and recommendations to help inform the evolution of Group pension policy and future strategic direction. 

  • Monitor developments across the pensions, technology and regulatory landscape, identifying opportunities to improve colleague outcomes, efficiency, governance and risk management. 

  • Coordinate complex pensions projects and change activities, managing risks, dependencies and stakeholders to deliver successful outcomes. 

  • Identify opportunities for simplification, harmonisation and continuous improvement across pension arrangements and supporting processes. 

  • Support pension-related activity arising from corporate transactions, acquisitions, restructuring activity and regulatory developments. 

Governance and risk 

  • Support and coordinate governance activities across the Group's pension arrangements, ensuring compliance with legislative, regulatory and internal requirements. 

  • Monitor pension risks and controls within area of responsibility, ensuring issues are identified, assessed and escalated where appropriate. 

  • Support the development of business cases, recommendations and implementation plans for pension-related change and improvement initiatives. 

  • Contribute to the ongoing review and enhancement of governance frameworks, processes and controls. 

  • Take a broad view of pension-related challenges and opportunities, considering colleague, business, operational, regulatory and market perspectives when developing recommendations and solutions. 

Stakeholder management and communications 

  • Work collaboratively with the Group Pensions team, trustees, advisers, suppliers and business stakeholders to support delivery of pension objectives. 

  • Support the resolution of complex pension issues and stakeholder concerns, balancing member and business considerations. 

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Company

Lloyds Banking Group

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