Pensions Operations Analyst

Role Overview

We are looking for a Pensions Operations Analyst to support the development, implementation, and ongoing delivery of Pension Risk Transfer (PRT) schemes within M&G Life.

• Support the development and implementation of new PRT propositions and operating models.
• Act as the operational point of contact for queries relating to new business transactions.
• Carry out operational due diligence on new business transactions to assess non‑financial risks.
• Support implementation activities, ensuring smooth onboarding of new schemes.
• Provide reporting and analysis to support decision‑making, including input into risk premium assessments.
• Assist with the delivery and ongoing operation of the PRT operational model.
• Manage monthly and quarterly scheme reporting requirements.
• Reconcile pension data and payrolls on a regular basis, ensuring policyholders are paid accurately and on time.
• Liaise with outsourced pension administration partners to ensure a high standard of service delivery.
• Identify opportunities for continuous improvement and support innovation within operational processes.

• Strong maths and English A‑level; STEM degree preferable.
• Analytical mindset with strong problem‑solving skills.
• High level of attention to detail and accuracy.
• Effective written communication skills.
• Professional approach, with a high degree of honesty, integrity, and discretion.
• Experience using Microsoft Excel and Word.
• Experience of reconciliation / data analysis (desirable).
• Knowledge of financial services, insurance or pensions (desirable).
• A genuine interest in delivering a strong customer journey (desirable).

Reading. Flexible working arrangements are considered for all roles.

5th June 2026.

We welcome applicants from all backgrounds in a diverse and inclusive workforce.