Pension Calculations Analyst

Alexander Lloyd are seeking an experienced Pension Calculations Analyst to develop, maintain, enhance, and rigorously test pensions and benefits calculation software and tools used across the business. This role plays a vital part in ensuring members receive accurate benefit payments and supporting continuous improvement in calculation processes.

As part of a dedicated systems and calculations team, you will contribute to both enhancement initiatives and statutory change delivery. You’ll collaborate closely with a variety of internal stakeholders- including Pensions Technical and Policy teams, Administration teams, and Process Assurance functions- to understand the scope of planned changes, assess risks, and evaluate wider business impacts.

Key responsibilities include:

• Designing and executing test plans to ensure calculation accuracy
• Investigating and documenting issues, providing clarity and guidance to suppliers
• Supporting live calculations assurance
• Maintaining strong audit trails through clear documentation
• Assessing impacts of regulatory or scheme changes on calculation processes

About You
We are looking for someone with strong technical understanding of Defined Benefit pensions, including CARE schemes, and knowledge of member benefit calculation processes. Experience with Defined Contribution schemes is an advantage.

This is an excellent opportunity for someone with a pensions industry background who enjoys problem-solving, accuracy, and contributing to high-quality member outcomes.

Please quote 52020 when calling Aaron at Alexander Lloyd or email them at apu@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.