Pensions Calculation Analyst

European Foundation for Business Qualification (EFBQ); Redhill; Remote; GBP 60,000 - 80,000; Full time

Job summary

Join a leading global advisory firm as a Pension Calculation Analyst, where you will play a key role in analyzing business requirements and providing accurate pension calculations. This remote position offers a dynamic environment where you can foster a culture of quality and continuous improvement. You will interact with third parties, manage deadlines, and contribute to automation initiatives, all while enhancing your skills in a supportive atmosphere. If you have a background in UK occupational pensions and a passion for problem-solving, this is an exciting opportunity to make a significant impact in the field.

Benefits

Onsite parking

28 days holidays for PAYE contractors

33 days holidays after 12 weeks

Qualifications

• Experience in UK occupational pensions, specifically Defined Benefit (DB).
• Strong problem-solving and communication skills are essential.

Responsibilities

• Analyze business requirements and plan software solutions for pension calculations.
• Interact with third parties to clarify complex queries and manage deadlines.

Skills

Problem-solving

Strong written and verbal communication

Time management

Self-starter attitude

Ability to work in ambiguity

Organizational skills

Education

Background in UK occupational pensions

Knowledge of Defined Benefit (DB)

Tools

MS Excel

MS Word

SQL

Unix-based operating systems

Job description

Job Title: Pension Calculation Analyst

Job Type: Remote, Full time

Salary: £300 - £550 per day

Onsite parking: Available

Holidays: 28 days accrued for PAYE contractors, increasing to 33 days after 12 weeks.

About Us:

Our client is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating back to 1828, they have 39,000 employees in more than 120 territories. They design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Their unique perspective allows them to see the critical intersections between talent, assets, and ideas - the dynamic formula that drives business performance.

Description:

1. Analysing business requirements, Trust Deed and Rules, and other scheme documentation while planning an appropriate software solution with a focus on accuracy, build efficiency, and maintainability.
2. Fostering a culture of quality and instilling the behavior required for success.
3. Interacting with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
4. Completing given tasks in a timely fashion, including managing deadlines appropriately.
5. Providing an efficient, professional service to meet all client needs and to promote the brand.
6. Producing detailed calculation proforma from first principles alongside other analysts and supporting automation test packs.
7. Working towards developing and optimizing end-to-end automation.
8. Building on technical expertise, capabilities, and skills while contributing towards measurable improvements.
9. Contributing to the implementation of continuous improvement initiatives and a single team culture to increase end-to-end automation efficiencies and results.

The Requirements:

1. Background in UK occupational pensions, specifically Defined Benefit (DB).
2. Self-starter attitude and ability to work well within ambiguity.
3. Adeptness at learning new technology and tools.
4. Strong written and verbal communication skills.
5. Strong problem-solving skills and ability to think through problems and implement solutions.
6. Demonstrated ability to multi-task and work on virtual teams.
7. Process-driven with the ability to modify approach.
8. Excellent time management skills and ability to meet deadlines.
9. Working knowledge of MS Excel & Word.
10. Good organizational skills and ability to prioritize workload.
11. Experience establishing standards and procedures and advocating best practices.
12. Some knowledge of Unix-based operating systems, use of the command line, and SQL is advantageous but not essential as training will be provided.
13. Strong knowledge of Contracting Out Requirements such as GMP.
14. Strong Defined Benefit knowledge, including historical knowledge of UK Pensions Legislation.