Pension System Calculation Analyst
Pension System Calculation Analyst

Pension System Calculation Analyst

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 data and calculations for pensions.
  • Company: Work with a leading organisation in the pension sector, known for innovation and excellence.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Why this job: Be part of impactful projects, enhance your skills, and contribute to meaningful pension solutions.
  • Qualifications: Degree level education and experience in pensions administration required; familiarity with Altair is a plus.
  • Other info: Send your CV to connect with us and explore this exciting opportunity!

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 London as a Pension System Calculation Analyst, where you will thrive in a supportive and collaborative work culture that values your expertise in pensions administration. With a focus on employee growth, the company offers continuous learning opportunities and the chance to work on impactful projects that drive innovation in pension data management. Enjoy the flexibility of a hybrid working model, allowing you to balance your professional and personal life while contributing to meaningful outcomes for members.
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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 in the past will show your expertise and confidence in this area.

✨Tip Number 3

Prepare to discuss your experience with data management tools like SQL, Power BI, and Excel. Think of scenarios where you've used these tools to solve problems or improve processes, as this will highlight your analytical skills.

✨Tip Number 4

Showcase your communication and problem-solving abilities by preparing examples of how you've collaborated on projects or resolved issues in previous roles. This will help you stand out as a candidate who can work well in a team and drive improvements.

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

Pensions Administration
Defined Contribution Experience
Defined Benefit Experience
Pension Calculations
Data Management
Excel Proficiency
SQL Proficiency
Power BI Proficiency
VBA Proficiency
Altair System Familiarity
Analytical Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Data Reporting
Project Collaboration
Payroll Reconciliation
Continuous Improvement

Some tips for your application 🫡

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

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the key responsibilities mentioned in the job description. Explain how your background in pensions systems and your analytical skills make you a perfect fit for the role.

Highlight Relevant Skills: In your application, clearly outline your proficiency in Excel, SQL, Power BI, and VBA. Mention any experience you have with troubleshooting systems and driving improvements, as these are crucial for the role.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is essential for a Pension System Calculation Analyst.

How to prepare for a job interview at Empresaria Group plc

✨Showcase Your Pension Knowledge

Make sure to brush up on your understanding of both Defined Contribution and Defined Benefit schemes. Be prepared to discuss specific calculations you've performed in the past, as this will demonstrate your expertise and familiarity with the role.

✨Highlight Technical Skills

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 positions. Consider preparing a small project or example that showcases your analytical skills and technical capabilities.

✨Prepare for System-Specific Questions

Familiarity with the Altair system is highly desirable, so if you have experience with it, be sure to mention it. If not, research the system and be prepared to discuss how you would approach learning it quickly.

✨Demonstrate Problem-Solving Abilities

The role involves troubleshooting system issues and driving continuous improvement. Think of examples from your past where you've successfully resolved problems or improved processes, and be ready to share these during the interview.

Pension System Calculation Analyst
Empresaria Group plc
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