Calculations & Benefits Analyst

Isio; Croydon; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Bonus scheme

Study support

Hybrid work model

Job summary

Isio is expanding its Calculations & Benefits Team to deliver pension calculation and implementation projects across new business and regulatory initiatives, including GMP equalisation and Pensions Dashboards.

The role involves close collaboration with Administration, Systems, BAU teams and external stakeholders, with a hybrid office footprint across multiple UK cities including Croydon.

Qualifications

• Good understanding of UK Defined Benefit and UK Defined Contribution pension schemes.
• Advanced Excel and analytical skills, with excellent attention to detail.
• Experience in calculation-based roles within defined benefit pensions.
• Proven involvement in implementations, change and/or transformation projects.
• Ability to interpret scheme rules, technical documents, complex requirements and deliver practical solutions.

Responsibilities

• Support the design, build, and delivery of calculation solutions and implementation projects.
• Develop and review calculation proformas, test grids, and documentation.
• Perform user acceptance testing and investigate calculation discrepancies.
• Work collaboratively with stakeholders to embed new systems and processes into BAU.
• Communicate technical concepts clearly to both technical and non-technical audiences.
• Identify process improvements and contribute to continuous transformation initiatives.
• Take ownership of tasks and deliver high-quality outputs to agreed timelines.
• Support governance, risk management, and post-implementation reviews.
• Coach junior colleagues and contribute to team development.

Skills

UK Defined Benefit schemes

Advanced Excel

Analytical skills

Implementations/transformations

Interpretation of rules

Job description

Calculations And Benefits Analyst

We are expanding our Client Onboarding & Change team and are seeking a Calculations & Benefits Analyst to support high-quality delivery within our Calculations & Benefits Team. You’ll play a key role in delivering pension calculation and implementation projects of varying scale, including new business and regulatory initiatives (e.g. GMP equalisation, Pensions Dashboards).

Calculations And Benefits Analyst

We are expanding our Client Onboarding & Change team and are seeking a Calculations & Benefits Analyst to support high-quality delivery within our Calculations & Benefits Team. You’ll play a key role in delivering pension calculation and implementation projects of varying scale, including new business and regulatory initiatives (e.g. GMP equalisation, Pensions Dashboards). Working closely with Administration, Systems, BAU teams, and external stakeholders, this is a highly visible role with exposure across all levels of the business. This role can be based in our Manchester, Reading, Croydon, Birmingham, Bristol or Belfast city centre office with a hybrid workstyle.

What does the role entail?

Responsibilities

We are looking for an individual with strong excel skills, excellent attention to detail, an understanding of scheme rules and good communication skills. You should have a strong technical understanding, a commercial outlook, and an entrepreneurial mindset. Your key responsibilities will be to support the team manager by:

• Support the design, build, and delivery of calculation solutions and implementation projects
• Develop and review calculation proformas, test grids, and documentation
• Perform user acceptance testing and investigate calculation discrepancies
• Work collaboratively with stakeholders to embed new systems and processes into BAU
• Communicate technical concepts clearly to both technical and non-technical audiences
• Identify process improvements and contribute to continuous transformation initiatives
• Take ownership of tasks and deliver high-quality outputs to agreed timelines
• Support governance, risk management, and post-implementation reviews
• Coach junior colleagues and contribute to team development

What we’re looking for

Essential Skills & Experience

• Good understanding of UK Defined Benefit and UK Defined Contribution pension schemes
• Advanced Excel and analytical skills, with excellent attention to detail
• Experience in calculation-based roles within defined benefit pensions
• Proven involvement in implementations, change and/or transformation projects
• Ability to interpret scheme rules, technical documents, complex requirements and deliver practical solutions

Key Competencies

• Commercially aware with a proactive, problem-solving mindset, focused on quality and client outcomes
• Clear and confident communicator, able to engage a range of stakeholders
• Highly organised, with the ability to prioritise and manage competing demands
• Collaborative, adaptable, and committed to continuous improvement
• Motivated, with a strong focus on personal development and delivering results

What you can expect in return

• A competitive salary and market leading bonus scheme with stretch targets for high performance
• Study support to help you achieve professional qualifications, with salary increases for exam passes.

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. We encourage our people to be bold, to communicate with conviction, and to deliver advice that matters. 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]