Pension System Calculation Analyst
Pension System Calculation Analyst

Pension System Calculation Analyst

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

  • Tasks: Join us as a Pension System Calculation Analyst, managing pension systems and conducting complex calculations.
  • Company: Work with a leading organisation in the pensions sector, known for its innovation and support.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Why this job: Be part of impactful projects, enhance your analytical skills, and contribute to meaningful pension solutions.
  • Qualifications: Degree educated with experience in pensions administration and strong analytical skills required.
  • Other info: If interested, send your CV to KumaranM@empresaria.com to connect!

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

Are you a Pensions Analyst with a knack for systems, calculations, and data? We’re working with our client, a leading organization, to find a skilled Pension System Calculation Analyst to join their team on a permanent basis. They are looking for someone who primarily comes from a pension administration background (Defined Contribution but ideally extensive Defined Benefit experience would be needed), supporting complex benefit calculations, and driving critical pension data projects forward.

Key Responsibilities:

  • Maintain and develop the pension system (Altair) — ensuring member records, letters, and workflows are accurate.
  • Conduct and support pension calculations and benefit statements.
  • Lead data extracts and interface processes, ensuring timely and accurate delivery.
  • Perform monthly payroll/HR reconciliations and system updates.
  • Collaborate on key projects such as the Pensions Dashboard, data reporting, and scheme analytics.
  • Troubleshoot system issues, support releases, and drive continuous improvement.

Skills:

  • Experience in UK pensions administration, with solid understanding of manual pension benefit calculations.
  • Proficient in Excel, SQL, Power BI, and VBA.
  • Familiarity with the Altair (Heywood) system is highly desirable.
  • Analytical, detail-oriented, and comfortable working independently (home-based).
  • Strong communication and problem-solving skills.

Qualifications:

  • Educated to degree level.
  • Proven track record in pensions systems or as a Pensions Analyst / Pensions System Analyst.
  • Experience managing and working with large sets of sensitive personal data.

If you’re interested we’d love to connect, please feel free to send your most recent CV to my email at KumaranM@empresaria.com.

Pension System Calculation Analyst employer: Empresaria Group plc

Join a leading organisation in the heart of London as a Pension System Calculation Analyst, where you will thrive in a dynamic and supportive work culture that values innovation and collaboration. With a strong focus on employee growth, this company offers extensive training opportunities and the chance to work on impactful pension data projects, all while enjoying the flexibility of a hybrid working model. Experience a rewarding career with competitive benefits and a commitment to continuous improvement in the pensions sector.
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Contact Detail:

Empresaria Group plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pension System Calculation Analyst

✨Tip Number 1

Familiarise yourself with the Altair system, as it's specifically mentioned in the job description. If you have access to any training resources or online tutorials, make sure to utilise them to demonstrate your knowledge during the interview.

✨Tip Number 2

Brush up on your pension calculations skills, especially for Defined Benefit schemes. Being able to discuss specific examples of complex calculations you've handled will show your expertise and confidence in this area.

✨Tip Number 3

Prepare to discuss your experience with data projects and how you've contributed to improving systems in previous roles. Highlighting your analytical skills and problem-solving abilities will be crucial in showcasing your fit for this position.

✨Tip Number 4

Since strong communication skills are essential, think of examples where you've effectively collaborated with teams or stakeholders. Being able to articulate your thoughts clearly will help you stand out during the interview process.

We think you need these skills to ace Pension System Calculation Analyst

Pension Administration
Defined Benefit Experience
Defined Contribution Knowledge
Complex Benefit Calculations
Data Management
Altair (Heywood) System Proficiency
Excel Proficiency
SQL Proficiency
Power BI Proficiency
VBA Proficiency
Analytical Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Data Reporting
Payroll Reconciliation
Continuous Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in pension administration, particularly with Defined Benefit and Defined Contribution schemes. Emphasise your skills in calculations, data management, and any relevant software like Altair, Excel, SQL, Power BI, and VBA.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the key responsibilities mentioned in the job description. Explain how your background aligns with their needs, particularly your experience with pension calculations and system improvements.

Showcase Relevant Projects: If you have led or contributed to projects related to pension systems or data reporting, be sure to include these in your application. Highlight your role and the impact of these projects on the organisation.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects attention to detail, which is crucial for a role involving complex calculations and data management.

How to prepare for a job interview at Empresaria Group plc

✨Showcase Your Pension Knowledge

Make sure to highlight your experience in pension administration, especially with Defined Benefit schemes. Be prepared to discuss specific calculations you've performed and how you've supported complex benefit projects.

✨Demonstrate Technical Proficiency

Since the role requires proficiency in Excel, SQL, Power BI, and VBA, be ready to provide examples of how you've used these tools in previous roles. You might even want to prepare a small demonstration or case study to showcase your skills.

✨Prepare for System-Specific Questions

Familiarity with the Altair system is highly desirable, so brush up on its functionalities. Be ready to discuss any experiences you have with it or similar systems, and how you've tackled system issues in the past.

✨Emphasise Communication Skills

Strong communication is key in this role, especially when collaborating on projects. Prepare examples of how you've effectively communicated complex information to non-technical stakeholders or worked within a team to drive projects forward.

Pension System Calculation Analyst
Empresaria Group plc
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