Pensions Calculations Analyst

What you will do to be successful in this role

• Act as a subject matter expert on pensions legislation and scheme rules, ensuring accurate and compliant benefit and contribution calculations.
• Review legislation, statutory instruments, HMRC guidance, scheme regulations and actuarial guidance to identify required changes to benefit events, and related calculations.
• Produce clear, detailed calculation specifications and proformas that accurately reflect legislative requirements and scheme rules.
• Define comprehensive test scenarios and test parameters to evidence compliance of calculations with legislation and scheme regulations.
• Work closely with product and development teams to ensure that legislative and scheme requirements are correctly understood, implemented, and tested.
• Liaise with clients, business partners, internal stakeholders, and external advisers (where applicable) to clarify scheme interpretations, confirm business rules, and validate legislative approaches.
• Provide expert input into impact assessments for upcoming or proposed legislative and regulatory changes affecting pension schemes.
• Support customer‑facing teams (Customer Support, Service Delivery, Sales/Presales) by providing authoritative guidance on current pensions legislation and scheme rules.
• Produce and maintain clear, accurate, and customer‑facing documentation explaining legislative changes, calculation methodologies, and their practical implications.
• Deliver internal training and knowledge‑sharing sessions on pensions legislation, scheme rules, and calculation approaches to colleagues across the business.
• Contribute to product roadmap discussions by highlighting legislative, regulatory, and market developments in the pensions sector.
• Lead or support User Groups and other external forums to understand client needs, gather feedback on legislative changes, and explain how these are being addressed.
• Assist in tenders and bids by providing authoritative pensions legislative content, responses to technical questions, and assurance on regulatory compliance.
• Any other duties as defined by the leadership team that fall within the scope and spirit of the role.

• Proven experience working in pensions, for example within an in‑house pensions team, third‑party administrator, actuarial consultancy, or pensions software provider.
• Strong and up‑to‑date understanding of UK pensions legislation and regulatory frameworks; public sector and/or LGPS experience is highly desirable but not essential.
• Proven ability to review, interpret and extract relevant requirements from pensions regulations, scheme rules, actuarial guidance, and other technical documentation.
• Strong track record in producing detailed calculation proformas/specifications and comprehensive test parameters that evidence legislative and regulatory compliance.
• Ability to explain and translate complex pensions legislation and scheme rules into clear, practical guidance for non‑specialist colleagues (including technical, product, and customer‑facing teams).
• Highly analytical approach to problem solving, with strong attention to detail and a structured approach to validating calculation logic and edge cases.
• Strong written communication skills, with the ability to produce high‑quality documentation, guidance notes, and client‑facing materials.
• Excellent IT skills, including confident use of the Microsoft 365 suite (Excel, Word, PowerPoint, Outlook, Teams).
• Able to manage multiple pieces of work concurrently and prioritise effectively.
• Enjoys working as part of a team but is also capable of working independently, taking ownership of legislative analysis and specification tasks.
• Strong verbal communication skills, with the confidence to challenge and influence where appropriate.
• Willingness and ability to travel to other offices and customer sites when required.

• Experience of public sector and/or Local Government Pension Scheme (LGPS) arrangements, or other large defined benefit schemes.
• Experience supporting or leading implementation of legislative change projects (e.g. remedy projects, scheme reform, tax changes, GMP‑related projects).
• An ability to influence and build…