Pensions Calculation Analyst

ARCC CONSULTING LIMITED; Surrey; Hybrid; CAD 87,870 - 107,397; Full time

Benefits offered by this job

professional study support

company pension

Job summary

ARCC CONSULTING LIMITED is seeking a Pension Calculation Analyst in Surrey with hybrid working arrangements (Office 2 days per week, WFH 3 days). The role focuses on defining and developing standard calculations, and aligning new calculation requirements with the operating model.

You will mentor junior team members within the Solutions Team, manage calculation development methodology, and collaborate across multiple projects.

Qualifications

• Strong DB calculations understanding.
• Able to extract technical info from scheme rules/documentation and interpret into calculation development specs.

Responsibilities

• Own the company methodology and process for calculation development, understanding dependencies on other systems and tasks.
• Complete detailed analysis of new and existing calculations, scheme rules, technical documentation, and legislation to produce detailed calculation specifications.
• Collaborate and communicate with other analysts, developers, client project analysts, and operations teams regarding implementations, projects and change.
• Work with Product Manager to support new and existing product development related to calculations and related functions.
• Support the introduction and adoption of new procedures through documentation and communication; support change within business areas.

Skills

Strong DB calculations

Extract technical info from scheme rul

Job description

• Office/WFH: Office 2 days p/w + 3 days p/w WFH
• Requirements: Strong DB calculations understanding, able to extract technical info from scheme rules/documentation & interpret into calculation development specs
• Role Snapshot: Helping to define/develop standard calculations & develop a process to ensure new calculation requirements align with the operating model.

• Job Title/Location: Pension Calculation Analyst, Hants/Surrey (Hybrid)
• Salary: To £52,000
• Office/WFH: Office 2 days p/w + 3 days p/w WFH
• Requirements: Strong DB calculations understanding, able to extract technical info from scheme rules/documentation & interpret into calculation development specs
• Role Snapshot: Helping to define/develop standard calculations & develop a process to ensure new calculation requirements align with the operating model.

Really positive situation surrounding this expanding business – a number of recent new scheme/business wins leading to the creation of new roles & teams.

The Company: An established pensions business, multiple industry award winners & recognised for investing in people. The ongoing expansion makes for good development opportunities in terms of learning & progressing within the company.

The Role: The Pension Calculation Analyst is expected to mentor junior team members and play a lead role within the Solutions Team. A high-profile role, would suit someone with the ability to work across multiple projects at a time. Key responsibilities include:

• Own the company methodology and process for calculation development, understanding the dependencies on other systems/business tasks.
• Complete detailed analysis of new and existing calculations, scheme rules, technical documentation, legislation to produce detailed calculation specifications that provide the information needed to build and test the calculations.
• Collaborate and communicate with other analysts, developers, client project analysts, technical and operations teams in respect of implementations, projects and change.
• Work with Product Manager to support them on new and existing product development in relation to calculations and related functions and support business development opportunities.
• Support the introduction and adoption of new procedures through documentation and communication. Support the introduction of change within business areas.

Skills / Experience Required: For the Pension Calculation Analyst role you must have strong DB & good DC technical knowledge & a detailed understanding of DB calculations (retirement/transfer/death calcs).

Additional Information: Salary for the Pension Calculation Analyst role is to £52,000 + professional study support & company pension. The working week is 2 days office & 3 days WFH.