Pension Calculation Analyst

Are you a technically minded Pensions professional eager to work for a leading Pensions organisation and their specialistbusiness unit?

This is an exciting opportunity to work on a portfolio of large and complex UK Defined Benefit pension schemes, alongside a team of experienced Pension calculation specialists. The role offers exposure to high-profile schemes and innovative Pensions propositions, with a strong focus on quality, automation and continuous improvement.

The role

You will play a key role in delivering accurate, efficient and scalable Pension calculations, contributing to both day-to-day delivery and longer-term process optimisation. Responsibilities include:

• Analysing Trust Deeds, Rules and scheme documentation to design accurate and maintainable calculation solutions
• Producing detailed DB calculation specifications and supporting automation test packs from first principles
• Supporting and developing end-to-end calculation automation and efficiency improvements
• Liaising with third parties such as scheme actuaries and legal advisers to resolve complex technical queries
• Managing workloads effectively to meet deadlines while maintaining high quality standards
• Contributing to continuous improvement initiatives and a collaborative “one team” culture

About you

You will bring strong technical DB Pensions knowledge and enjoy solving complex problems in a detail-driven environment. You are likely to have:

• Experience in UK occupational pensions, with strong Defined Benefit expertise
• In-depth knowledge of GMP, GMP Equalisation, contracting-out requirements and historic UK pensions legislation
• A self-starter mindset, comfortable working with ambiguity and new technology
• Strong analytical, problem-solving and communication skills
• Good working knowledge of Excel and Word
• The ability to manage multiple priorities and work effectively both independently and as part of a virtual team

Experience with Unix-based systems, SQL or command-line tools is advantageous but not essential, as training will be provided.

What’s on offer

You’ll join a collaborative, forward thinking Pensions environment with a strong commitment to hybrid and flexible working. The organisation places real emphasis on inclusion, innovation, professional development and creating better outcomes for Pension scheme members.

Please quote 52022 when calling Richard at Alexander Lloyd or email them at rdo@alexanderlloyd.co.uk. This is only one of many vacancies we are handling, Alexander Lloyd is a specialist within Financial Services recruitment. Areas of expertise include Employee Benefits, Compliance, Pensions, Group Risk, Paraplanners, Sales Support, T&C etc.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please continue to check our website www.alexanderlloyd.co.uk for any other roles which may be of interest.