Pensions Calculation Analyst
- Surrey, BC, Canada
Full-time
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Job details
- Job type
- Full-time
- Posting language
- English
- Posted
Original job description
- Job Title/Location: Pension Calculation Analyst, Hants/Surrey (Hybrid)
- Salary: To £52,000
- Office/WFH: Office 2 days p/w + 3 days p/w WFH
- Requirements: Strong DB calculations understanding, able to extract technical info from scheme rules/documentation & interpret into calculation development specs
- Role Snapshot: Helping to define/develop standard calculations & develop a process to ensure new calculation requirements align with the operating model.
The Company: An established pensions business, multiple industry award winners & recognised for investing in people. The ongoing expansion makes for good development opportunities in terms of learning & progressing within the company.
The Role: The Pension Calculation Analyst is expected to mentor junior team members and play a lead role within the Solutions Team. A high-profile role, 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.
- 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.
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. Please apply below.
More about this job
Responsibilities
The role involves owning the methodology for calculation development and producing detailed technical specifications based on scheme rules and legislation. You will also collaborate with cross-functional teams to support product development and the implementation of new business procedures.
Requirements
Candidates must possess strong technical knowledge of Defined Benefit and Defined Contribution pensions, specifically regarding retirement, transfer, and death calculations. The role requires the ability to interpret complex scheme rules into technical development specifications.
Skills
- Defined Benefit Calculations
- Technical Documentation Analysis
- Mentoring
- Project Management
- Stakeholder Collaboration
- Product Development Support
- Legislation Interpretation
- Process Improvement
- Scheme Rules Analysis
Benefits
- Professional study support
- Company pension
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Pensions
- Defined Benefit
- Defined Contribution
- Calculation Development
- Scheme Rules
- Technical Specifications
- Legislation
- Solutions Team
- Product Development
- Financial Analysis
- Implementation
- Change Management