Calculations Analyst - Pensions

Summary: The role of Pensions Calculations Analyst involves analyzing pension calculation requirements, developing calculation logic, and conducting extensive testing of pension calculations. This position is a 6-month remote contract and requires strong hands-on experience in defined benefit pensions calculations. The analyst will also oversee testing contributions from other analysts while focusing on manual calculations and testing scenarios.

Key Responsibilities:

• Analyse documents produced by the team (scheme structure + benefit basis) to understand calculation requirements.
• Develop & document pension calculation logic for:
  • Deferred-to-retirement calculations
  • Death in deferment
  • Death in retirement
• Produce manual calculations and testing scenarios covering all variable combinations.
• Conduct extensive testing of pensions calculations on the admin system.
• Oversee analysts contributing to testing work.

Key Skills:

• Strong hands-on experience in DB pensions calculations, including complex scenarios.
• Ability to:
  • Interpret technical scheme documentation
  • Write accurate manual calculations
  • Identify required test cases and edge scenarios
• Testing experience specific to pension calculations (highly desirable).
• Ability to work independently but also collaborate with analysts.

Salary (Rate): £520 per day

City: undetermined

Country: UK

Working Arrangements: remote

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

• Pensions Calculations Analyst
• Remote
• 6 month contract
• Inside of IR35
• £520 per day

Focus: Pensions Calculations Analysis, Manual Calculations & Testing.

Core Responsibilities

• Analyse documents produced by the team (scheme structure + benefit basis) to understand calculation requirements.
• Develop & document pension calculation logic for:
  • Deferred-to-retirement calculations
  • Death in deferment
  • Death in retirement
• Produce manual calculations and testing scenarios covering all variable combinations.
• Conduct extensive testing of pensions calculations on the admin system.
• Oversee analysts contributing to testing work.

Essential Skills & Experience

• Strong hands-on experience in DB pensions calculations, including complex scenarios.
• Ability to:
  • Interpret technical scheme documentation
  • Write accurate manual calculations
  • Identify required test cases and edge scenarios
• Testing experience specific to pension calculations (highly desirable).
• Ability to work independently but also collaborate with analysts.

Scope of Role

• Contractors won't be doing configuration itself, the focus is purely analysis, calc build & testing.

Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.