Senior Pensions Systems Analyst

Equiniti; Thurso; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading provider of shareholder services in the UK is looking for an experienced individual to deliver Pensions System configuration. This client-facing role will involve analyzing pensions projects, providing consultancy on legislative changes, and developing methodologies for pensions calculations. The ideal candidate will have strong experience in Pensions Systems, excellent analytical skills, and a deep understanding of UK Pensions Legislation. Great benefits including pension matching and flexible benefits are offered.

Benefits

Pension matching up to 10%

Long Term Incentive Plan

Employee Assistance Programme

Employee discounts through EQ Wins Platform

Flexible benefits plan

29 days holiday + bank holidays

Learning & Development investment

Qualifications

• Experience with Pensions Systems configuration is essential.
• Strong analytical mindset and problem-solving skills are required.
• Knowledge of Pensions Administration business processes is crucial.

Responsibilities

• Analyze pensions projects and enhancements.
• Consult clients on legislative changes and implement solutions.
• Develop methodology for pensions calculations.

Skills

Prior experience of Pensions Systems configuration

Analytical mindset

Administration of DB / DC Pensions Schemes

Excellent working knowledge of UK Pensions Legislation

Good ability to perform scheme calculations manually

Excellent understanding of Pensions Administration Business Processes and Workflows

Education

Educated to degree standard

Relevant qualifications in the Pensions Industry

Job description

Management Level

Equiniti is a leading international provider of shareholder, pension, remediation, and credit technology. With over 6000 employees, it supports 37 million people in 120 countries.

EQ’s vision is to be the leading global share registrar, offering complementary services to its client base and our values set the core foundations to our success. We are TRUSTED to deliver on our commitments, COMMERCIAL in building long term value, COLLABORATIVE in our approach and we IMPROVE by continually enhancing our skills and services. There has never been a better time to join EQ.

Role Summary

An experienced individual delivering Pensions System configuration to both internal and external software and administration clients. A client facing role, acting as workstream or technical lead for client configuration and an expert in automating scheme calculations, workflows, client output configuration, data migrations and / or interfaces. Agree the scope of work and provide estimates. Will define, configure, test, implement and maintain specific pension’s elements of the Company’s software. The role also requires the individual to continuously develop a professional, technical and commercially aware approach

Core Duties/Responsibilities

The successful candidate will be responsible for the following, but not limited to;

• Undertake analysis on new pensions projects and/or enhancements to existing projects.
• Analyse changes and enhancements to client’s pensions schemes by taking a view of their impact on the company’s software as installed for the client.
  • Analyse the impact of legislation changes to a client’s pensions system functionality, providing advice and guidance on the integration of new legislative software modules released by the company.
  • Interpret and implement legislative changes making use of senior consultant advice where necessary.
  • Design the proposed solution prior to the onset of any coding to ensure; It fulfils the business requirements, it makes best use of existing code instead of re-inventing the wheel and adheres to technical best practice
  • Undertake the development of, and continuous improvements to, an appropriate methodology for the construction of pensions calculations to optimise delivery.
  • Liaise and provide guidance to clients on the production of appropriate test data and results.
  • Produce user and pensions systems documentation as required and agreed. Where adherence to a client’s standards and procedures is determined within the contractual terms of a project, to ensure that documentation is produced, approved and issued in accordance with those requirements.
  • Provide support and consultancy to clients, including telephone support and site visits.
  • Ensure successful application of best practice plus all defined policies and procedures, identifying, where appropriate, any deficiencies in, or opportunities for improvement to them.
  • Ensure quality and timeliness of deliverables from staff.
  • Identify and nurture individual staff development and training within the scope of the supervisory responsibility. Taking into consideration the best fit with Company direction and annual budget.

Skills, Knowledge & Experience

The successful candidate will demonstrate the following experience skills and behaviours:

Essential

• Prior experience of Pensions Systems configuration
• Analytical mindset
• Administration of DB / DC Pensions Schemes.
• Excellent working knowledge of UK Pensions Legislation.
• Good ability to perform scheme calculations manually (supported by appropriate tools).
• Excellent understanding of Pensions Administration Business Processes and Workflows

Desirable

• Educated to degree standard preferred.
• Relevant qualifications in the Pensions Industry desirable (e.g. Pensions Management Institute Certification).
• UML Certification via ITSQB/ISEB or OMG desirable but not essential.

Essential

• Strong experience of the Pensions Industry, either as a Senior Scheme Administrator or Business Analyst experienced in capturing requirements for Pensions IT Projects and subsequently supervising (on large projects) or developing and testing (smaller projects) Pensions Systems Changes, such as scheme calculation changes.

What We Offer

• Save For Your Future - Equiniti Pension Plan; Equiniti matches your pension contributions up to 10%
• All Employee Long Term Incentive Plan (LTIP) – Gives all EQ Colleagues the opportunity to benefit if the current owners successfully sell the company for a profit.
• Health and Wellbeing – Employee Assistance Programme: counselling, legal & wellbeing support for colleagues and their households. Life assurance cover at 4x salary with the ability to purchase enhance cover.
• Employee discounts – Discounts and cashback at your favourite high street stores through our EQ Wins Platform.
• Flexible Benefits – The ability to purchase a wide variety of benefits through our flex plan; gadgets, travel insurance, will writing, holiday trading and more.
• Time Off – Typically 29 days holiday + bank holidays. 2 volunteer days to get involved with a charity of your choosing.
• Winning together – Equiniti ICON award vouchers; recognising the individuals going above and beyond to help the business succeed.
• Learning & Development– Investment in LinkedIn Learning for all colleagues.

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.

Please note any offer of employment is subject to satisfactory pre-employment screening checks. These consist of 5 year activity & GAP verification, DBS or Access NI, Credit, Sanctions & CIFAS checks.