Independent Non-Executive Director. Fee £35,735.00 p/a London based. The Universities Superannuation Scheme (USS), with over 400,000 members, and more than £60 billion in assets, is one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we are entrusted by over 340 higher education institutions to manage and administer the pension scheme and its investments through Universities Superannuation Scheme Limited and its wholly owned subsidiary USS Investment Management Limited.

We invite applications for an independent (non-executive) director to join the Board of Universities Superannuation Scheme Limited.

The Board has significant responsibilities for the governance and oversight of a business providing complex operational and advisory functions within a heavily regulated environment, and Board members need experience, expertise and capabilities proportionate to this. All Board members therefore require exceptional strategic thinking, leadership, communication, influencing, teamwork and decision-making skills.

The successful candidate will have held a senior management role within, or acted as senior advisor to, a large complex organisation and will have expertise in all of the following areas:

Pensions valuation - qualified actuary with recent and relevant expertise in the funding of multi-employer DB pension schemes.

DB and DC pensions - experience as a senior member of the management team, or trustee, of DB, DC and/or mixed benefit pension funds, to include experience of value for money (VFM) assessments and criteria.

Pensions administration - significant experience in the provision of services to members such as guidance and advice combined with recent experience of pensions administration.

Leadership - significant senior management experience in a large, complex and preferably financial services organisation.

Directors are expected to commit c30 days per annum to the role. Increased fees are payable for directors who chair one or more of the board’s standing committees. Reasonable travel and subsistence expenses are reimbursable.

NOTE: Never make payment to any employer, person, company, contractor or agency to get hired for a Job.

For more information contact the resourcing team at: resourcing@uss.co.uk