DB Senior Technical Transaction Analyst

Just Group plc; Greater London; On-site; GBP 60,000 - 75,000; Full time

Benefits offered by this job

Pension scheme

Life assurance

Private medical

Bonus scheme

Birthday day off

Headspace access

Employee assistance

Job summary

Just Group plc in the UK is seeking a role within the Defined Benefit Solutions area to support the operational setup of new transactions from exclusivity to production of factor-based member option outputs. The role ensures transitions and member data structures are embedded into processes to support clients and members.

We value strong technical DB pensions knowledge, ability to work independently, and excellent communication.

Qualifications

• DB knowledge across Defined Benefit schemes.
• Ability to work independently and meet tight deadlines.
• Strong organisational and prioritisation skills.
• Excellent verbal and written communication.
• Strong analytical and issue resolution abilities.
• Understanding of project management is a plus.
• Understanding of DB pensions and Bulk annuities is beneficial.

Responsibilities

• Produce consistent benefit specification docs for all new transactions.
• From exclusivity or signing, ensure data in the member factors tool to enable options.
• Assess data and pricing assumptions to create initial data templates for transition.
• Update Flo to reflect delivery dates for member option deliverables.
• Support assessment of each new scheme with the Post Transaction Services Manager.
• Prepare templates to support GMP Equalization work when required.

Skills

Defined Benefit

Data analysis

Attention to detail

Organisation

Communication

Job description

This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. The role holder will also be responsible for providing strong technical knowledge which ensures that transitions and member benefit data structures are embedded into our process and beyond.

Through consistency and structure in our set up, we maximise efficiency, provide clarity to all area’s involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.

About Just

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

Key responsibilities

• Produce consistent benefit specification documentation for all new transactions.
• From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced.
• Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team.
• Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables
• Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity
• Support GMP Equalization work by preparing templates when required.

What we’re looking for

• Excellent Defined Benefit technical knowledge
• Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail.
• Good organisational and prioritisation skills.
• Good verbal, written communication and interpersonal skills.
• Good analytical and issue resolution skills.
• An understanding of project management would be beneficial, but not essential.
• An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential.

Our behaviours

At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.

What ’s in it for you

• A competitive salary, pension scheme and life assurance
• 25 days annual leave plus an additional day on us for your birthday
• Private medical cover and income protection, just in case
• A generous and highly achievable bonus scheme
• Opportunities to progress your career in-role and within the company
• Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
• A variety of employee funded benefits available via our online benefits portal
• Plus, several additional purchase options available for you and your loved ones

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.

We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.