Pension Calculations Analyst in Darlington

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.