Pensions Manager- Investments

This is a Gloucestershire County Council job.

• Job Title: Pensions Manager- Investments
• Job Location: Shire Hall, Block 2, 3rd Floor
• Salary: £49,817 - £53,051 per annum
• Hours per Week: 37.00
• Contract Type: Permanent
• Closing Date: 29/11/2026
• Job Requisition Number: 15166
• This post is not open to job share

Gloucestershire Pension Fund

An exciting opportunity has arisen to join the Gloucestershire Pension Fund as our Pensions Manager – Investments.

Working within the Investment and Accounting Team, you will act as a senior specialist lead for investment oversight, supporting the effective management and governance of the Fund’s investment arrangements. You will provide high-quality analysis, constructive challenge and clear recommendations to senior officers, the Pension Committee and Local Pension Board.

The role

You will lead the Fund’s oversight of investment performance and risk, helping to ensure that investment arrangements remain aligned with the Fund’s strategic objectives. Your responsibilities will span areas including strategic asset allocation, investment performance, risk, liquidity, responsible investment, stewardship and climate-related reporting.

A key part of the role will be overseeing the Fund’s relationship with LGPS Central, providing effective client-side oversight and constructive challenge across investment performance, risk, stewardship and value for money.

Working closely with the Fund’s advisers, LGPS Central and other professional partners, you will provide clear and authoritative investment analysis and reporting to senior officers and the Pension Committee, translating complex investment issues into clear recommendations and assurance.

You will also play an important role in the leadership of the wider Pension Fund, managing and developing members of the investment team and working collaboratively with colleagues across funding, finance, governance and administration. You will act as deputy to the Strategic Pensions Manager – Investments & Accounting on investment matters where required.

About you

We are looking for an experienced investment, pensions or finance professional who can operate confidently and credibly at a senior level.

You will bring:

• strong knowledge and experience of institutional investment and investment governance;
• experience of analysing and challenging investment strategy, performance and risk;
• a sound understanding of responsible investment and stewardship;
• the ability to provide clear, authoritative advice and constructive challenge to senior stakeholders;
• strong analytical, communication and relationship-management skills;
• the ability to interpret complex financial and investment information and communicate it effectively to different audiences; and
• the ability to lead and develop colleagues within a professional investment environment.

Experience of the Local Government Pension Scheme and the evolving asset-pooling environment would be particularly valuable.

Why join us?

This is an opportunity to take on a broad and influential investment role within a major public-sector pension fund, working with senior stakeholders and professional investment partners to help ensure the Fund’s assets are managed effectively in the long-term interests of its members and employers.

About Us

• For all your hard work, you will receive the following:
• Flexible and agile working opportunities 25.5 days annual leave rising to 30.5 days after 5 years continuous service.
• An option to purchase 10 days of additional leave per year (pro rata for part-time staff)
• Family friendly employer offering benefits to help support you and your family.
• Career development and qualification opportunities
• Supportive and positive working environment with regular, robust supervision
• Access to generous defined benefit pension scheme (the Local Government Pension Scheme (LGPS), which we administer)
• Access to our Employee Assistance Programme (EAP) that provides free, confidential, counselling and advice for employees, available 24 hours a day, online and by telephone.
• An in-house Occupational Health service
• Employee discount scheme and Cycle to Work scheme.
• Gloucestershire Salary Sacrifice Green Car Scheme (T&Cs apply)
• Links to employee networks such as Prism (LGBT+) network and the Young Employees Network.

How to apply

If you feel you have the skills, desire and experience required to make a positive difference then please submit your application and personal statement today by clicking the “Apply Now” Button.

For an informal discussion about the role, or if you would like to know more about the role then please contact either Nigel Gabb, Strategic Pensions Manager - Investments & Accounting, (nigel.gabb@gloucestershire.gov.uk).

Short-listed candidates will be contacted by email and invited to interview with interviews likely to take place week commencing 14 December 2026 (Subject to amendment due to work commitments)

Additional Information

To access the Job Profile for this role, please follow the link below:-

Pensions Manager - Investments - Job Profile

Due to the number of applications we received, we are unable to provide feedback at shortlisting stage and reserve the right to close the advert early.

Applications from any Gloucestershire County Council's employees who are currently on the redeployment register or at risk of redundancy will be considered first at shortlisting stage.

The council is not currently able to offer sponsorship in this role. Candidates will need to have a right to work that enables them to commit to at least 6 months' employment. Right to work is not transferable from a sponsored role held with another employer.

It is a legal requirement, under the Immigration Act 2016, that anyone appointed to a ‘customer facing role’ must be able to demonstrate an ability to fulfil all spoken aspects of the role with confidence in fluent English.

We want to be an employer of choice, attracting and retaining excellent people to work for us, so that we can best serve all of Gloucestershire’s diverse communities. Our promise to you is that we will provide an inclusive and supportive working environment that enables you to bring your whole self to work and realise your full potential.