At a Glance
- Tasks: Support operational setup of new transactions and ensure data accuracy for member options.
- Company: Join a leading firm in Defined Benefit Solutions with a focus on innovation.
- Benefits: Competitive salary, generous leave, private medical cover, and a bonus scheme.
- Other info: Enjoy a supportive environment with opportunities for personal and professional growth.
- Why this job: Make a real impact in the pensions sector while developing your career.
- Qualifications: Strong technical knowledge in Defined Benefit pensions and excellent analytical skills.
The predicted salary is between 50000 - 65000 £ per year.
This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. The role holder will also be responsible for providing strong technical knowledge which ensures that transitions and member benefit data structures are embedded into our process and beyond. Through consistency and structure in our set up, we maximise efficiency, provide clarity to all areas involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.
Key responsibilities:
- Produce consistent benefit specification documentation for all new transactions.
- From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced.
- Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team.
- Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables.
- Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity.
- Support GMP Equalization work by preparing templates when required.
What we’re looking for:
- Excellent Defined Benefit technical knowledge.
- Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail.
- Good organisational and prioritisation skills.
- Good verbal, written communication and interpersonal skills.
- Good analytical and issue resolution skills.
- An understanding of project management would be beneficial, but not essential.
- An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential.
What’s in it for you:
- A competitive salary, pension scheme and life assurance.
- 25 days annual leave plus an additional day on us for your birthday.
- Private medical cover and income protection.
- A generous and highly achievable bonus scheme.
- Opportunities to progress your career in-role and within the company.
- Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders.
- A variety of employee funded benefits available via our online benefits portal.
- Plus, several additional purchase options available for you and your loved ones.
DB Senior Technical Transaction Analyst employer: Dormont Manufacturing Co
Join a leading firm in the Defined Benefit Solutions sector, where your expertise as a Senior Technical Transaction Analyst will be valued and nurtured. With a strong focus on employee well-being, we offer a competitive salary, generous leave, and comprehensive health benefits, all within a collaborative work culture that prioritises professional growth and development. Located in vibrant London or Reigate, you will thrive in an environment that supports both personal and career advancement while making a meaningful impact on our clients and members.
StudySmarter Expert Advice🤫
We think this is how you could land DB Senior Technical Transaction Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Dormont Manufacturing Co. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace DB Senior Technical Transaction Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Dormont Manufacturing Co's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Dormont Manufacturing Co
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Dormont Manufacturing Co.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Dormont Manufacturing Co employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
