Pensions Calculation Analyst
Posted 3 days ago by 1756804646
Negotiable
Undetermined
Hybrid
Redhill
Summary: The Pensions Calculation Analyst role involves analyzing business requirements and scheme documentation to develop accurate and efficient software solutions. The position requires interaction with third parties and a commitment to quality service delivery while fostering a culture of continuous improvement. Candidates should possess a strong background in UK occupational pensions, particularly Defined Benefit schemes, and demonstrate effective communication and problem-solving skills. The role supports hybrid working arrangements and offers opportunities for professional growth within a leading global advisory company.
Key Responsibilities:
- Analysing business requirements, Trust Deed and Rules, and other scheme documentation to plan appropriate software solutions.
- Fostering a culture of quality and instilling necessary behaviors for success.
- Interacting with third parties such as scheme actuaries and solicitors to clarify complex queries.
- Completing tasks in a timely manner while managing deadlines appropriately.
- Providing efficient, professional service to meet client needs and promote the company brand.
- Producing detailed calculation proforma and supporting automation test packs.
- Developing and optimizing end-to-end automation.
- Building technical expertise and contributing to measurable improvements.
- Implementing continuous improvement initiatives to increase automation efficiencies.
Key Skills:
- Background in UK occupational pensions, specifically Defined Benefit.
- Self-starter attitude with the ability to work in ambiguity.
- Adeptness at learning new technology and tools.
- Strong written and verbal communication skills.
- Ability to think through problems and implement solutions.
- Demonstrated ability to multi-task and work on virtual teams.
- Process-driven with the ability to modify approach.
- Excellent time management and ability to meet deadlines.
- Working knowledge of MS Excel and Word.
- Good organizational skills and ability to prioritize workload.
- Problem-solving and analytical skills.
- Ability to work effectively as an independent contributor or as part of a team.
- Experience in establishing standards and advocating best practices.
- Some knowledge of Unix-based operating systems, command line, and SQL is advantageous but not essential.
- Strong knowledge of Contracting Out Requirements such as GMP.
- Strong Defined Benefit knowledge, including historical knowledge of UK Pensions Legislation.
Salary (Rate): undetermined
City: Redhill
Country: undetermined
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
About us
Our client is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, and has 39,000 employees in more than 120 territories. They design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Their unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance
Holidays are accrued for PAYE contractors and they get 28days to start off with which increases to 33days after 12weeks.
Description:
* Analysing business requirements, Trust Deed and Rules and other scheme documentation and planning an appropriate software solution with a focus on accuracy, build efficiency and maintainability.
* Foster a culture of quality and in still behaviour required for success.
* Interact with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
* Completing given tasks in a timely fashion including managing deadlines appropriately.
* Providing an efficient, professional service to meet all client needs and to promote the the company brand.
* Alongside other analysts produce detailed calculation proforma from first principles and supporting automation test packs.
* Work towards developing and optimizing end to end automation.
* Build on technical expertise/capabilities/skills and contribute towards measurable improvements.
* Contribute to the implementation of continuous improvement initiatives and single team culture to increase end to end automation efficiencies and results.
The Requirements
* Background in UK occupational pensions specifically DB
* Self-starter attitude and ability to work well within ambiguity.
* Adeptness at learning new technology and tools.
* Strong written and verbal communication skills.
* Strong ability to think through problems and implement solutions.
* Demonstrated ability to multi-task and work on virtual teams.
* Process driven with ability to modify approach.
* Excellent time management and ability to meet deadlines.
* Working knowledge of MS Excel & Word.
* Good time management skills and the ability to organize and prioritize own workload.
* Problem solving and analytical skills.
* Ability to work effectively as an independent contributor or as part of a broader team.
* Experience establishing standards and procedures and advocate best practices.
* Some knowledge of Unix-based operating systems, use of the command line and SQL is advantageous but not essential as training will be provided.
* Strong knowledge of Contracting Out Requirements such as GMP
* Strong Defined Benefit Knowledge, including historical knowledge of UK Pensions Legislation.
Equal Opportunity Employer
