Pension System Calculation and Data Analyst

Guidant Global; City Of London; Hybrid; GBP 30,000 - 45,000; Full time

Job summary

A leading company is seeking a professional to support the Pension & Reward Operations Manager in maintaining their pension administration system. The role involves ensuring data accuracy, managing workflow developments, and delivering reporting and analysis. Candidates should have strong knowledge of UK pensions, advanced skills in Excel and Power BI, and an analytical mindset to succeed in this position.

Qualifications

• Strong understanding of manual pension benefit calculations.
• Experience with handling large volumes of personal data.
• Previous systems support experience is an advantage.

Responsibilities

• Support the maintenance of the UK pension administration system.
• Assist in the development and testing of pension workflows.
• Produce management information and assist in data projects.

Skills

Detail oriented

Analytical skills

Problem-solving skills

Communication skills

Education

Educated to degree level

Stong knowledge of UK pension arrangements

Tools

Microsoft Excel

Power BI

SQL

VBA

Job description

Job purpose To support the Pension & Reward Operations Manager with all aspects of the maintenance and development of the Pensions Administration System (altair). To assist in production, management and processing of all data extracts and interfaces and to provide ongoing support to pension projects. Principal accountabilities To support the maintenance and development of the pension administration system (altair) ensuring accuracy of all member records, benefit calculations, letters and workflows. Assist in the development and testing of pension system workflows, calculations and letters, including issue resolution, software release updates and change request development and implementation. Carry-out monthly reconciliations of payroll and HR files ensuring that the pension administration system is maintained and kept up to date. Work with the Pensions & Reward Operations Manager on all data projects (e.g. Pension Dashboard, scheme data extracts, data reporting and analysis, pension increases and Benefit Statements exercises) ensuring data is provided on time and in specified formats. Assist in production of regular interfaces to external suppliers, resolving any processing queries. Upload interfaces as required. Work with Pensions & Reward Operations Manager to ensure that all member records are updated correctly and support the processing of annual membership movement and contribution reconciliations. Produce management information within agreed timescales. To take on any other duties that are within the employee's skills and abilities whenever reasonably instructed. Organisational structure Scope § To assist in all aspects of the maintenance and development of the UK pension administration system. § Ensure data extracts and interfaces are provided within agreed timescales and format. § Contribute to the development of the day-to-day administration of the UK pension scheme, for example changes to process workflows, member communications and improvement in reporting activities, as well as project based activities. § To assist in the delivery of all reporting and data analytical requirement. This describes what is required to do the job, it may not describe the current job holder but should describe the typical attributes or traits needed for success in the position. Qualifications/ knowledge/ experience (Technical/ professional knowledge and skills competency) Educated to degree level Desirable Stong knowledge and experience of UK pension arrangements Essential Previous systems support experience would be an advantage Essential Experience with handling large volumes of personal data Essential Strong Microsoft Excel and Word skills Essential Strong understanding of manual pension benefit calculations Essential Analytical and problem-solving skills Essential Strong Microsoft Power BI skills Desirable Advanced SQL skills Desirable Advanced VBA skills Desirable Previous Altair (heywood) administration system experience Desirable Personal skills and key competencies (including JM behavioural competencies) Detail oriented and meticulous Essential Work on own initiative (as role will be primarily home-based) Essential Very good communication skills Essential High degree of numeracy Essential Flexible and committed and willing to take on ad-hoc tasks as required Essential Able to work to deadlines Essential Team orientated individual with good interpersonal skills Essential