Pension Calculation Analyst

Job Details

• Job Title/
  
  Location:
  
  Pension Calculation Analyst, London/Hybrid
• Salary:
  To £52,000
• Office/WFH:
  Office 2 days p/w + 3 days p/w WFH
• Requirements:
  Strong DB calculations understanding, ability to extract technical info from scheme rules/documentation & interpret into calculation development specifications
• Role Snapshot:
  Take a lead role in defining/developing standard calculations & develop a process to ensure new calculation requirements align with our clients operating model.

The Pension Calculation Analyst will be expected to mentor junior members of staff and play a lead role within the Solutions Team. A high‑profile role within the team, would suit someone with the ability to work across multiple projects at a time.

Key responsibilities include:

• Own the company methodology and process for calculation development, understanding the dependencies on other systems/business tasks.
• Develop subject matter expertise knowledge level and take responsibility for training/providing guidance on this process to other staff, ensuring they are working within the methodology.
• Complete detailed analysis of new and existing calculations, scheme rules, technical documentation, legislation to produce detailed calculation specifications that provide the information needed to build and test the calculations.
• Collaborate and communicate with other analysts, developers, client project analysts, technical and operations teams in respect of implementations, projects and change.
• Work with Product Manager to support them on new and existing product development in relation to calculations and related functions and support business development opportunities.
• Support the introduction and adoption of new procedures through documentation and communication. Support the introduction of change within business areas.

For the Pension Calculation Analyst role you must have strong DB & good DC technical knowledge & a detailed understanding of DB calculations (retirement/transfer/death calcs).

Salary: to £52,000 + professional study support & company pension. Working week is 2 days office & 3 days WFH.