Calculations & Benefits Analyst

Isio Group; Birmingham; Hybrid; GBP 42,000 - 62,000; Full time

Job summary

Isio is seeking a Calculations & Benefits Analyst to join the Pension Administration team. You will support Pensions Dashboards, GMPe and bespoke calculation projects, ensuring benefit specifications stay up to date and that new schemes are onboarded efficiently.

The role works across Isio and external partners, with a hybrid, city-centre based model across Reading, Birmingham, Manchester, Croydon or Bristol. Strong pensions knowledge and Excel skills are essential.

Qualifications

• Strong knowledge of UK DB pension schemes and scheme rules
• Understanding of complex pension benefit calculations
• Excellent Excel skills
• Support stakeholder communication
• Effective planning and organisation skills
• Excellent attention to detail
• Strong analytical and problem-solving skills

Responsibilities

• Play an active role within the team, supporting Pensions Dashboards activities or bespoke calculation projects and working towards agreed priorities and regulatory deadlines.
• Work with stakeholders to understand requirements, respond to queries and provide progress updates.
• Ensure changes to scheme benefits are accurately reflected in the scheme benefit specification.
• Apply excellent pensions knowledge and a strong understanding of pensions calculations to deliver accurate technical solutions.
• Support the successful connection of new administration clients to the Pensions Dashboard.
• Follow relevant operational processes, procedures and controls.
• Work as part of the team, sharing knowledge and supporting colleagues to deliver effective solutions.

Skills

UK DB pension schemes

Pension benefit calculations

Excel skills

Stakeholder communication

Planning & organisation

Attention to detail

Analytical and problem-solving skills

Job description

Calculations & Benefits Analyst

The Calculations & Benefits Analyst role sits within the Calculations & Benefits team, part of the Client Onboarding & Change division within the Pension Administration service line.

The Calculations & Benefits Analyst supports the successful delivery and ongoing operation of a range of technical pensions workstreams, including Isio’s Pensions Dashboards programme, GMPe and client onboarding. The role involves keeping technical benefit specifications up to date, supporting the onboarding of new schemes, and developing and maintaining bespoke calculation solutions. The role will initially focus on Pensions Dashboards, supporting delivery in line with regulatory dashboard refresh requirements.

The role will work closely with the Administration business, in particular the Admin Systems and Admin BAU teams, as well as stakeholders from across Isio and third parties.

This role can be based in our Reading, Birmingham, Manchester, Croydon or Bristol city centre office with a hybrid workstyle.

What does the role entail?

• Play an active role within the team, supporting Pensions Dashboards activities or bespoke calculation projects and working towards agreed priorities and regulatory deadlines.
• Work with stakeholders to understand requirements, respond to queries and provide progress updates.
• Ensure changes to scheme benefits are accurately reflected in the scheme benefit specification.
• Apply excellent pensions knowledge and a strong understanding of pensions calculations to deliver accurate technical solutions.
• Support the successful connection of new administration clients to the Pensions Dashboard.
• Follow relevant operational processes, procedures and controls.
• Work as part of the team, sharing knowledge and supporting colleagues to deliver effective solutions.

What we’re looking for

Essential

• Strong knowledge of UK DB pension schemes and scheme rules
• Understanding of complex pension benefit calculations
• Excellent Excel skills
• Support stakeholder communication
• Effective planning and organisation skills
• Excellent attention to detail
• Strong analytical and problem-solving skills

Desirable

• Knowledge of Pensions Dashboard legislation, regulatory guidance and technical standards.
• Some experience of designing, testing and maintaining automated or bespoke calculation solutions.

What you can expect in return

• A competitive salary and market leading bonus scheme

Why Join Isio

Isio is a fast-growing professional services business, that offers career development through an evolving client base, diverse and meaningful work, nationwide opportunities, and a culture that rewards high performance and accountability.

We hold ourselves to the highest standards andour values guide how we advise our clients, how we operate as a business and how we work together as a team. We call it the Isio Attitude.

Here, growth brings opportunity - more responsibility, more clients, and work that stretches and develops you. We invest in training and development so you can expand your skills and explore different career paths across diverse markets to make your mark. Isio is a place to realise your potential and build a career with impact. You can find out more about Isio and the benefits we offer on our career's website Isio - Careers & Benefits.

About Isio

A progressive advisory firm, partnering with clients of all sizes to deliver expertise in pensions, employee benefits and wealth advisory services. Working with pension trustees, employers, individuals, families and their offices, we are supported by talented colleagues across 10 UK offices. With a Big 4 heritage we combine a strong focus on quality with a fresh perspective challenging traditional thinking.

Our culture shapes our work; we foster a supportive environment where we develop our people to grow and fulfil their potential. We invest in our services, products and technology, and provide clear, expert solutions for our clients. This brings clarity, confidence, and better outcomes for everyone.

At Isio, we are committed to fostering an inclusive, equitable and diverse workplace, in which our colleagues feel they belong, regardless of background or difference. We uphold the values of respect, fairness, and inclusion in our actions and decisions. We believe that by adhering to these principles, we will create a stronger, more innovative, and supportive environment for all, as well as ensuring that the advice and support we provide to our clients is more creative, more insightful and leaves a lasting impact.

We can offer a hybrid, flexible approach to work, supporting a work-life balance that works for you. Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates.

If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please ask us [e-mail]