Pension Systems Calculations Configuration Analyst

Equiniti; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Extra leave and CSR days

Certification expense reimbursement

Comprehensive medical coverage

Staff transport for UK/US shifts

Accidental & life cover

Job summary

Equiniti in Bengaluru seeks a Pensions Systems Calculations Configuration Analyst to join the Professional Services team. You will configure and test complex pension calculations across platforms and collaborate with clients for accurate delivery.

The role supports pension systems upgrades and requires analytical skills, financial software experience and a proactive, commercially aware mindset.

Qualifications

• UK pensions knowledge is desirable but training provided.
• Technical/software development aptitude and ability.
• Experience configuring/testing large finance or HR software platforms.

Responsibilities

• Analyze user requirements and detailed specifications.
• Provide accurate work estimates after scoping.
• Configure, test, implement and maintain pension benefit calculations.
• Develop professional, technical and commercially aware delivery approach.
• Assess changes to client pension schemes and software impact.

Skills

Configuration testing

PL/SQL

Excel + ASPOSE

Financial IT experience

Pensions industry knowledge

Data schema understanding

Analytical thinking

Commercial awareness

Education

Finance or IT qualifications

Tools

SQL/Oracle

MS Excel

ASPOSE

Job description

Management Level

H

Business Division: EQ Retirement Solutions

Business Function / Department: Professional Services

Job Title: Pensions Systems Calculations Configuration Analyst

Reporting to (Job Title): Pensions Systems Configuration Team Leader

Date: 07/09/2023

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 India began its operations in 2014 as a Global India Captive Centre for Equiniti, a leading fintech company specialising in shareholder management. Within a decade, EQ India strengthened its operations and transformed from being a capability centre to a Global Competency Centre, to support EQ’s growth story worldwide.

Capitalising on India’s strong reputation as a global talent hub for IT / ITES, EQ India has structured the organisation to be a part of this growth story. Today, EQ India has evolved as an indispensable part of EQ Group providing critical fintech services to the US and UK.

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

We are looking for Pension Systems Calculations Configuration Analysts to join our team to be a part of the continual evolution of the Compendia and Administrator systems and rollout of our software to our client base.

It is an exciting opportunity to be a part of the team that is responsible for the core configuration of our pension platforms. This is a great role for you if you already have experience in configuring and/or testing complex calculations within packaged software platforms or through the use of spreadsheet functionality and are looking for that next step in your career.

The role would also suit qualified or part qualified actuarial students looking to utilise their mathematical skills in a rewarding environment and gain explosion and experience in the UK pensions market.

Core Duties/Responsibilities

• Undertake an analysis of requirements from user requirements or from a more detailed specifications
• Agree the scope of work and to provide accurate estimates for the work
• Configure, test, implement and maintain pension benefit calculations across both our pension platforms
• Continuously develop a professional, technical, and commercially aware approach to delivery of tasks
• Analyse changes and enhancements to client’s pensions schemes by taking a view of their impact on the software as installed for the client.

Skills, Knowledge & Experience

• A basic understanding of UK pensions arrangements would be desirable but not essential as training will be provided.
• Technical/Software development aptitude & ability.
• Experience of configuration and/or testing of large scale financial or HR software platforms and systems desirable or a related area within platform development, configuration or testing.
• Ability to understand basic data schema models
• Knowledge of PL/SQL scripts in either SQL or Oracle environment
• Knowledge of building calculation solutions using MS Excel and utilising ASPOSE to integrate into a consuming application
• Qualifications in either a financial services or IT environment
• Experience in the Pensions Industry, either as a Scheme Administrator or Business Analyst experienced in capturing requirements for Pensions IT Projects.
• Demonstrable software development capability.
• Demonstrate commercial awareness & operational efficiencies/income generation in current role.

Essential Qualities

• Be approachable and responsive to colleagues and users and have an open-minded and constructive approach to problem solving.
• Demonstrate effective and probing appraisal of situations. To consult with relevant parties in resolving issues.
• Be self-motivated, demonstrating tenacity and objectivity in problem solving to get the job done effectively.

Performance Measures

• Timely completion of own work / contribution to team workload
• Meeting targets for accuracy, quality, volume and agreed service levels
• Satisfactory resolution of queries
• Adherence to procedures and regulations
• Contribution to continuous improvement
• Ongoing development of own knowledge and skills
• Demonstrate willingness to contribute to team beyond own immediate tasks
• Quality of support given to colleagues
• Development of technical knowledge and skill
• Contribution to target achievement and team goals
• Successful delivery of task

Benefits:

• 3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives
• Business related certification expense reimbursement
• Comprehensive Medical Assurance coverage for dependents & Parents
• Cab transport for staff working in UK & US shift

Accidental & Life cover 3 times of concerned CTC

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 ofemploymentis subject to satisfactory pre-employment screening checks.