Pension Systems Analyst

Pension Systems Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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Barnett Waddingham

At a Glance

  • Tasks: Support pension systems, automate processes, and analyse data in a dynamic team environment.
  • Company: Join Barnett Waddingham, a leading firm in pension administration with a strong reputation.
  • Benefits: Enjoy flexible working, generous holidays, and perks like gym memberships and professional development.
  • Why this job: Be part of a supportive culture that values growth and innovation in the pension sector.
  • Qualifications: GCSEs in Maths and English, knowledge of pensions, and strong communication skills required.
  • Other info: This is an entry-level, full-time role with hybrid working options available.

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

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Description

We have a fantastic opportunity for a

Description

We have a fantastic opportunity for a Pension Systems Analyst to join our Pension Administration team. This role will be working as part of the Penstream team. Penstream is Barnett Waddingham\’s in-house application covering all aspects of pension administration.

This is a permanent, full time role and it can be based in our Birmingham, Bristol, Cheltenham, Glasgow, Leeds or Liverpool offices working on a hybrid basis.

A Snapshot Of Your Day

  • Provide day-to-day frontline support of the pension systems
  • Configure the pension systems to provide automation for schemes with simple and standard benefit structures
  • Provide support for project work
  • Produce reports and provide analysis of pension system data
  • Update and export simple and standard data from the pension systems for the transfer of a client service to another provider
  • Research and develops solutions, test new development/procedures

We Would Love To Hear From If You Have

  • A minimum of GCSE Grade “5” or “C” in Mathematics and English or equivalent
  • A knowledge and experience of pension and payroll administration
  • Demonstrates an strong understanding of benefit structures
  • A knowledge of Microsoft Office to an intermediate level
  • Hold, or studying towards, a professional qualification (Certificate in Pensions Calculations, Advanced Diploma in Retirement Provision)
  • Strong communication and organisational skills

What’s In It For You

  • Competitive discretionary annual bonus and salary review
  • Generous pension scheme (we contribute 8%)
  • Funded training and professional development
  • Core benefits including private medical cover, life assurance, group income protection, and up to 30 days holiday per year with holiday trading
  • A comprehensive range of voluntary benefits to suit you including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, Sports Allowance – we pay up to 50% of your gym/sports membership (up to £50 pm), travel insurance, paid volunteering, and a broad range of retailer discounts

Happy to talk flexible working.

Accessibility

We are a Disability Confident Employer. If you require reasonable adjustments or want more information on accessibility, please click here

Not quite the right opportunity for you this time?

For more about us and other Careers at BW, please click here

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We kindly ask recruitment agencies to not send speculative CVs. Should we need assistance, we will reach out. All enquiries should be directed tocareers@barnett-waddingham.co.uk.

Seniority level

  • Seniority level

    Entry level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Information Technology

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Pension Systems Analyst employer: Barnett Waddingham

Barnett Waddingham is an exceptional employer, offering a supportive work culture that prioritises employee well-being and professional growth. With competitive benefits including a generous pension scheme, funded training opportunities, and flexible working arrangements, employees can thrive in a dynamic environment while contributing to meaningful projects in the pension administration sector across various UK locations.
Barnett Waddingham

Contact Detail:

Barnett Waddingham Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pension Systems Analyst

Tip Number 1

Familiarise yourself with the Penstream application and its functionalities. Understanding how it operates will give you a significant edge during interviews, as you'll be able to discuss specific features and how they relate to pension administration.

Tip Number 2

Network with current employees at Barnett Waddingham through LinkedIn or industry events. Engaging with them can provide insights into the company culture and expectations, which can be invaluable when preparing for your interview.

Tip Number 3

Brush up on your knowledge of pension and payroll administration. Being well-versed in these areas will not only help you answer technical questions but also demonstrate your commitment to the role and the industry.

Tip Number 4

Prepare to discuss your problem-solving skills and any relevant project work you've done in the past. The role involves configuring systems and developing solutions, so showcasing your analytical abilities will make you stand out.

We think you need these skills to ace Pension Systems Analyst

Pension and Payroll Administration Knowledge
Understanding of Benefit Structures
Microsoft Office Proficiency (Intermediate Level)
Data Analysis Skills
Report Generation
Problem-Solving Skills
Communication Skills
Organisational Skills
Attention to Detail
Project Support Experience
Research and Development Skills
Testing Procedures Knowledge
Client Service Transfer Experience
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in pension and payroll administration. Emphasise any knowledge of benefit structures and your proficiency with Microsoft Office, as these are key requirements for the role.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the Pension Systems Analyst position. Mention specific skills that align with the job description, such as your ability to produce reports and analyse pension system data.

Highlight Relevant Qualifications: If you hold or are studying towards a professional qualification related to pensions, make sure to mention this prominently in your application. This shows your commitment to the field and enhances your candidacy.

Showcase Communication Skills: Since strong communication skills are essential for this role, provide examples in your application of how you've effectively communicated complex information in previous roles or projects.

How to prepare for a job interview at Barnett Waddingham

Understand Pension Systems

Make sure you have a solid grasp of pension systems and their administration. Familiarise yourself with the specific software used by Barnett Waddingham, particularly Penstream, as this will show your genuine interest in the role.

Showcase Your Analytical Skills

Be prepared to discuss your experience with data analysis and reporting. Highlight any relevant projects where you've produced reports or analysed data, as this is a key part of the job.

Demonstrate Communication Skills

Strong communication skills are essential for this role. Think of examples where you've effectively communicated complex information, whether in writing or verbally, to different audiences.

Prepare Questions

Have a few thoughtful questions ready to ask at the end of the interview. This could be about the team dynamics, ongoing projects, or opportunities for professional development, showing that you're proactive and engaged.

Pension Systems Analyst
Barnett Waddingham
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