Pensions Calculation Analyst

WTW; England; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading outsourcing firm in the UK is seeking a Pensions Calculation Analyst to join its team. The candidate will analyze business requirements, manage deadlines, and support complex Defined Benefit retirement schemes. With a focus on innovation and efficiency, this role requires deep expertise in DB pensions, strong problem-solving abilities, and excellent communication skills. The position allows for a hybrid working style, promoting flexibility and collaboration among team members.

Qualifications

• Strong ability to think through problems and implement solutions.
• Experience establishing standards and procedures and advocating best practices.
• Some knowledge of Unix-based operating systems is advantageous.

Responsibilities

• Analyse business requirements and plan software solutions.
• Interact with third parties to clarify complex queries.
• Provide efficient professional services to meet client needs.

Skills

DB pensions expertise

Strong communication skills

Problem-solving skills

Time management

Self-starter attitude

Education

Background in UK occupational pensions

Tools

MS Excel

MS Word

SQL

Job description

Description

Shape the Future of Pensions with WTW

Our work touches the lives of millions of people. WTW Outsourcing Business is dedicated to helping our clients deliver excellent experience to the members of their pension schemes.

Are you passionate about precision problem-solving and making a real impact in the world of pensions? This is an exciting opportunity to join WTWs Outsourcing Business as a Pensions Calculation Analyst within our Business Solutions function.

In this role you’ll work alongside a talented team of onshore and offshore Calculation Experts supporting a diverse portfolio of large and complex Defined Benefit (DB) pension schemes. As WTWs Outsourcing business continues to grow supporting major pension schemes LifeSight leading insurers and our OneDB proposition you’ll have the chance to contribute to innovation streamline processes and help shape more efficient ways of working.

We’re looking for someone with deep DB pensions expertise including a strong understanding of Guaranteed Minimum Pensions (GMP), GMP Equalisation and the Barber judgement. If you’re a collaborative detail‑driven professional ready to take on complex challenges and help modernise how pensions are delivered we love to have you on the team.

Your knowledge will make a real difference. Let’s build the future of pensions together.

At WTW we trust you to know your work and the people tools and environment you need to be successful. The majority of our colleagues work in a hybrid style with a mix of remote in‑person and in‑office interactions dependent on the needs of the team role and clients. Our flexibility is rooted in trust and hybrid (#LI‑Hybrid) is not a one‑size‑fits‑all solution.

The Role

• Analysing business requirements Trust Deed and Rules and other scheme documentation and planning an appropriate software solution with a focus on accuracy build efficiency and maintainability.
• Foster a culture of quality and instill behaviour required for success.
• Interact with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
• Completing given tasks in a timely fashion including managing deadlines appropriately.
• Providing an efficient professional service to meet all client needs and to promote the WTW brand.
• Alongside other Specialists produce detailed calculation proforma from first principles and supporting automation test packs.
• Work towards developing and optimising end to end automation.
• Build on technical expertise / capabilities / skills and contribute towards measurable improvements.
• Contribute to the implementation of continuous improvement initiatives and single team culture to increase end to end automation efficiencies and results.

Qualifications

• Background in UK occupational pensions.
• Self‑starter attitude and ability to work well within ambiguity.
• Adeptness at learning new technology and tools.
• Strong written and verbal communication skills.
• Strong ability to think through problems and implement solutions.
• Demonstrated ability to multi‑task and work on virtual teams.
• Process driven with ability to modify approach.
• Excellent time management and ability to meet deadlines.
• Working knowledge of MS Excel & Word.
• Good time management skills and the ability to organise and prioritise own workload.
• Problem solving and reasoning skills.
• Ability to work effectively as an self‑sustaining contributor or as part of a broader team.
• Experience establishing standards and procedures and advocate best practices.
• Some knowledge of Unix‑based operating systems use of the command line and SQL is advantageous but not essential as training will be provided.
• Strong knowledge of Contracting Out Requirements such as GMP.
• Strong Defined Benefit Knowledge including historical knowledge of UK Pensions Legislation.

At WTW we believe difference makes us want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome valued and empowered to bring their committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

We’re committed to equal employment opportunity and provide application interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers from the application process through to joining WTW please email

Equal Opportunity Employer

Employment Type: Full-Time

Experience: years

Vacancy: 1