DB Pensions Calculation Consultant

TN United Kingdom; Glasgow; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a motivated Calculation Consultant to join their award-winning PRT business in Glasgow. This hybrid role offers the chance to work on complex benefit structures and enhance customer outcomes. You will lead projects to improve processes, manage claims work, and provide training to team members. With a focus on collaboration and communication, this position is perfect for someone with substantial Defined Benefit pensions experience. Enjoy a supportive culture with flexible working options and a variety of benefits, including a generous pension scheme and performance bonuses.

Benefits

Performance bonuses

Share schemes

Generous pension contributions

Life assurance

Private medical insurance

At least 25 days holiday

Electric car scheme

Various discounts

Collaborative office spaces

Qualifications

• Extensive experience in Defined Benefit pension administration required.
• Strong numeracy and problem-solving abilities needed.

Responsibilities

• Lead checking of Defined Benefits quotations and issue communications.
• Collaborate with team to ensure efficient administration and claims services.
• Support team development through training and mentorship.

Skills

Defined Benefit pensions experience

Numeracy skills

Problem-solving abilities

Customer service skills

Strong communication skills

Job description

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DB Pensions Calculation Consultant, Glasgow

Client: LegalAndGeneral

Location: Glasgow, United Kingdom

Job Category: Consulting

EU work permit required: Yes

Job Reference: 0aacd0299831

Job Views: 4

Posted: 02.05.2025

Expiry Date: 16.06.2025

Job Description

Do you have extensive experience of Defined Benefit pension administration? Are you a part or fully qualified pensions actuary? If so, we’re seeking a motivated and technically skilled individual to join our growing, multi-award-winning PRT business as a Calculation Consultant.

In this role, you will support the business by providing expertise on complex benefit structures, manual calculations, and being an SME on all ongoing and new schemes that come into our in-house Client Services team.

You will also effectively manage all aspects of claims work and help to deliver excellent customer outcomes for our members. As well as being technically savvy, you will need to be a strong communicator, able to tailor your communication and simplify complex information for the intended audience.

This is a hybrid working opportunity, allowing you to split your week between home and our central Glasgow office for a better work-life balance.

What you'll be doing:

• Leading in checking individual Defined Benefits quotations, designing & issuing non-standard communications to members and 3rd parties
• Collaborating with the Team Manager to ensure efficient administration and claims services in line with SLAs
• Facilitating additional activities like Valuations, Data Updates, Bulk Transfers, WULS, etc., and liaising with other teams
• Leading projects to improve processes and engaging in initiatives driven by legislative or system changes
• Developing robust, reusable solutions that meet quality and audit standards, working with IT partners for implementation
• Analyzing feedback to meet customer performance expectations and addressing any issues
• Supporting team development through training and mentorship

Qualifications

• Substantial Defined Benefit pensions experience
• Strong numeracy skills and problem-solving abilities
• Knowledge of GDPR, Money Laundering, Complaints, Consumer Duty, Breach guidelines
• Excellent customer service skills
• Experience in training and supporting team members
• Strong communication skills

Benefits

• Participation in performance bonuses and share schemes
• Generous pension contributions
• Life assurance and private medical insurance
• At least 25 days holiday, plus options to buy/sell holidays
• Family leave benefits
• Electric car scheme
• Various discounts and modern, collaborative office spaces

Additional Information

At L&G, we value diversity and inclusion, offering flexible working options and a supportive culture. We welcome applications from candidates who excel in their strengths and align with our purpose, even if they don’t meet every criterion.