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Calculations & Benefits Analyst

Job in Reading, Berkshire, RG1, England, UK
Listing for: Isio
Full Time position
Listed on 2026-05-24
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 GBP Yearly GBP 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Calculations And Benefits Analyst

We are expanding our Client Onboarding & Change team and are seeking a Calculations & Benefits Analyst to support high-quality delivery within our Calculations & Benefits Team. You’ll play a key role in delivering pension calculation and implementation projects of varying scale, including new business and regulatory initiatives (e.g., GMP equalisation, Pensions Dashboards).

Working closely with Administration, Systems, BAU teams, and external stakeholders, this is a highly visible role with exposure across all levels of the business. This role can be based in our Manchester, Reading, Croydon, Birmingham or Bristol city centre office with a hybrid workstyle.

Responsibilities
  • Support the design, build, and delivery of calculation solutions and implementation projects
  • Develop and review calculation proformas, test grids, and documentation
  • Perform user acceptance testing and investigate calculation discrepancies
  • Work collaboratively with stakeholders to embed new systems and processes into BAU
  • Communicate technical concepts clearly to both technical and non-technical audiences
  • Identify process improvements and contribute to continuous transformation initiatives
  • Take ownership of tasks and deliver high-quality outputs to agreed timelines
  • Support governance, risk management, and post-implementation reviews
  • Coach junior colleagues and contribute to team development
Essential Skills & Experience
  • Good understanding of UK Defined Benefit and UK Defined Contribution pension schemes
  • Advanced Excel and analytical skills, with excellent attention to detail
  • Experience in calculation-based roles within defined benefit pensions
  • Proven involvement in implementations, change and/or transformation projects
  • Ability to interpret scheme rules, technical documents, complex requirements and deliver practical solutions
Key Competencies
  • Commercially aware with a proactive, problem-solving mindset, focused on quality and client outcomes
  • Clear and confident communicator, able to engage a range of stakeholders
  • Highly organised, with the ability to prioritise and manage competing demands
  • Collaborative, adaptable, and committed to continuous improvement
  • Motivated, with a strong focus on personal development and delivering results
What you can expect in return
  • A competitive salary and market‑leading bonus scheme with stretch targets for high performance
  • Study support to help you achieve professional qualifications, with salary increases for exam passes

Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates.

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