How to become a Pension Fund Manager?
Pension scheme managers are responsible for all aspects of administering pension schemes, from liaising with pension scheme members to developing new pension policies.
You may coordinate schemes that are managed by a company or employer, a benefits consultancy, a public sector pensions provider or an insurance company.
You might also be involved in the strategic development of schemes, developing new schemes or managing related funds.
The job may be challenging due to the level of responsibility and demands of working at a high-profile level in a fast-developing industry.
Steps to become a Pension Fund Manager
Earn bachelor degree
Do an internship
Earn Master degree
Take up entry level job position
Gain some experience
Minimum Education
Bachelor degree
You may find that experience in other jobs will help you become a pension fund manager. In fact, many pension fund manager jobs require experience in a role such as accountant.
Degree
Bachelor in management
Bachelor in law
Bachelor in Statistics
Master in management
Master in economics
Master in law
Master in Statistics
Skills
excellent interpersonal and relationship management skills
strong communication skills, both written and verbal
analytical skills and the ability to interpret and pass on complex information
strong influencing and negotiation skills
a good level of numeracy and IT literacy
the ability to lead and motivate a team
good judgement and decision-making skills
organisation, planning and time management skills
meticulous attention to detail
the ability to work well under pressure
common sense and personal integrity.
Salary
Salaries vary according to a range of factors, including the type of employer you work for, scheme size, your experience and qualifications, level of responsibility and location.
The salaries of Pension Fund Managers in the US range from $53,850 to $169,940 , with a median salary of $104,850.
In India is between 2 to 8 lacs per annum.
