Job Description
- Job Title/Location: Pension Calculation Analyst, Remote/Hybrid
- Salary: To £52,000
- Office/WFH: There are hybrid or remote options
- Requirements: Strong DB calculations understanding, able 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.
Really positive situation surrounding this expanding business - a number of recent new scheme/business wins leading to the creation of new roles & new teams.
The Company: An established pensions business and recognised for their investment in people. This ongoing expansion makes for good development opportunities in terms of learning and progressing within the company.
The Role: The Pension Calculation Analyst will be expected to mentor junior members of staff and play a lead role within the Solutions Team. This is a high-profile role within the team and 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, take responsibility for training/providing guidance on this process to colleagues.
- 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.
- Support the Product Manager on new/existing product development relating to calculations & linked functions + support business development opportunities.
- Support the introduction and adoption of new procedures through documentation and communication. Support the introduction of change within business areas.
Skills / Experience Required: For the Pension Calculation Analyst role you must have very strong DB and good DC technical knowledge, with a detailed understanding of DB calculations (retirement, transfer & death calculations).
Additional Information: Salary for the Pension Calculation Analyst role is to £52,000 + professional study support & company pension. The working week is 2 days office & 3 days WFH if based in the South-East and there are also remote options. Please apply below.
The Pension Calculation Analyst role is only one of many vacancies we are handling. ARC is a specialist within Financial Services recruitment and the Consultant handling this role has over 30 years of experience in this field. Areas of focus include administration, compliance, business analysis, customer service, project/programme management, paraplanners, sales support, marketing, underwriters and group risk/employee benefits related roles. Check the website and feel free to call Darren Snell at any time.
