Pensions De-Risking Analyst

Pensions De-Risking Analyst

Edinburgh Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead projects in pension data management and client relations while ensuring high-quality solutions.
  • Company: Join a global leader in financial services focused on innovative de-risking solutions.
  • Benefits: Enjoy flexible hybrid working options and comprehensive support from the team.
  • Why this job: This role offers a chance to grow your career in a dynamic, project-based environment with real impact.
  • Qualifications: Defined Benefit experience and strong problem-solving skills are essential for this position.
  • Other info: Work remotely or from any UK office, with opportunities for professional development.

The predicted salary is between 36000 - 60000 £ per year.

Are you experienced in the administration of Defined Benefit schemes and now looking to further develop your experience and career in more of a project based environment? If so, please read on!

We are recruiting for a global leading financial services organisation who are heavily recruiting within their Data & De-risking Solutions division for pension professionals to join them and work on a remote basis with the full support of the business.

You will work as part of a team and lead on projects providing an accurate, reliable and high standard of data and de-risking solutions to Trustees, third parties and internal teams alike. This will further include:

  • Managing the client relationships for certain projects and acting as the client’s point of contact for guidance, billing and budgeting.
  • Ensuring that all procedures are followed when undertaking work for Members, Trustees and Clients across all aspects of data processing.
  • Quickly identifying and analysing risks in pension scheme data, which may impact on effective project delivery.
  • Ensuring errors and omissions and complaints are handled in accordance with agreed procedures and within appropriate timescales, through liaison with the De-risking Manager and Professional Champion.
  • Performing pension calculations, data audits and data corrections, entering and reviewing pensions data and responding to data queries to the required standard using excel worksheets and following process guidance material across a wide range of project tasks.
  • Working with Project Managers, undertaking assigned project tasks in line with timescales set out in the project plans or otherwise agreed with the client at the required level of quality.

Already possessing Defined Benefit experience (including manual calculations), you will be someone who has an adaptable and innovative approach to problem solving, and the ability to communicate and build relationships based on honesty and respect.

The role is offered on a flexible hybrid working environment and can be based out of any of their UK based offices. Further information is available on application.

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Contact Detail:

Dimensions Specialist Recruitment Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pensions De-Risking Analyst

✨Tip Number 1

Familiarise yourself with the latest trends and regulations in Defined Benefit schemes. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the pensions industry, especially those who work in de-risking solutions. Attend relevant webinars or local meetups to build connections that could lead to referrals or insider information about the role.

✨Tip Number 3

Prepare to discuss specific projects you've worked on that involved data analysis and client management. Highlight your problem-solving skills and how you've successfully navigated challenges in previous roles.

✨Tip Number 4

Research the company’s values and recent projects in the de-risking space. Tailoring your conversation to align with their goals can set you apart and show that you're genuinely interested in contributing to their success.

We think you need these skills to ace Pensions De-Risking Analyst

Defined Benefit Scheme Administration
Pension Calculations
Data Processing
Risk Analysis
Client Relationship Management
Project Management
Attention to Detail
Data Auditing
Problem-Solving Skills
Communication Skills
Excel Proficiency
Adaptability
Time Management
Complaint Resolution

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with Defined Benefit schemes and any project-based work you've done. Use specific examples that demonstrate your skills in data processing and client relationship management.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your adaptability and innovative problem-solving skills, and how they align with the responsibilities of the Pensions De-Risking Analyst position.

Highlight Relevant Skills: Emphasise your proficiency in Excel and your experience with pension calculations and data audits. Be sure to mention any specific tools or methodologies you are familiar with that relate to data processing and project management.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at Dimensions Specialist Recruitment Ltd

✨Showcase Your Defined Benefit Knowledge

Make sure to highlight your experience with Defined Benefit schemes during the interview. Be prepared to discuss specific projects you've worked on, the challenges you faced, and how you overcame them.

✨Demonstrate Your Problem-Solving Skills

Since the role requires an adaptable and innovative approach to problem-solving, think of examples where you've successfully identified and resolved issues in pension scheme data. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Prepare for Client Relationship Questions

As managing client relationships is a key part of the role, be ready to discuss your experience in this area. Think about how you've built rapport with clients and handled any difficult situations or complaints in the past.

✨Familiarise Yourself with Data Processing Procedures

Since the job involves ensuring procedures are followed for data processing, brush up on relevant regulations and best practices. Be prepared to explain how you ensure accuracy and compliance in your work.

Pensions De-Risking Analyst
Dimensions Specialist Recruitment Ltd
Location: Edinburgh
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