Pensions Calculations & Benefits Analyst (Hybrid) in Birmingham

Pensions Calculations & Benefits Analyst (Hybrid) in Birmingham

Birmingham Full-Time 35000 - 45000 £ / year (est.) No working from home possible
Isio

At a Glance

  • Tasks: Support pension calculation projects and collaborate with various teams for high-quality delivery.
  • Company: Join Isio Group, a forward-thinking company with a focus on innovation and teamwork.
  • Benefits: Competitive salary, market-leading bonus, study support for professional qualifications.
  • Other info: Hybrid workstyle with opportunities for personal development and career growth.
  • Why this job: Make a real impact in the pensions sector while developing your skills in a dynamic environment.
  • Qualifications: Understanding of UK pension schemes and advanced Excel skills required.

The predicted salary is between 35000 - 45000 £ per year.

We are expanding our Client Onboarding & Change team and are seeking a Calculations & Benefits Analyst to support high-quality delivery within our Calculations & Benefits Team. You’ll play a key role in delivering pension calculation and implementation projects of varying scale, including new business and regulatory initiatives (e.g., GMP equalisation, Pensions Dashboards).

Working closely with Administration, Systems, BAU teams, and external stakeholders, this is a highly visible role with exposure across all levels of the business. This role can be based in our Manchester, Reading, Croydon, Birmingham or Bristol city centre office with a hybrid workstyle.

Responsibilities

  • Support the design, build, and delivery of calculation solutions and implementation projects
  • Develop and review calculation proformas, test grids, and documentation
  • Perform user acceptance testing and investigate calculation discrepancies
  • Work collaboratively with stakeholders to embed new systems and processes into BAU
  • Communicate technical concepts clearly to both technical and non-technical audiences
  • Identify process improvements and contribute to continuous transformation initiatives
  • Take ownership of tasks and deliver high-quality outputs to agreed timelines
  • Support governance, risk management, and post-implementation reviews
  • Coach junior colleagues and contribute to team development

Essential Skills & Experience

  • Good understanding of UK Defined Benefit and UK Defined Contribution pension schemes
  • Advanced Excel and analytical skills, with excellent attention to detail
  • Experience in calculation-based roles within defined benefit pensions
  • Proven involvement in implementations, change and/or transformation projects
  • Ability to interpret scheme rules, technical documents, complex requirements and deliver practical solutions

Key Competencies

  • Commercially aware with a proactive, problem-solving mindset, focused on quality and client outcomes
  • Clear and confident communicator, able to engage a range of stakeholders
  • Highly organised, with the ability to prioritise and manage competing demands
  • Collaborative, adaptable, and committed to continuous improvement
  • Motivated, with a strong focus on personal development and delivering results

What you can expect in return

  • A competitive salary and market‑leading bonus scheme with stretch targets for high performance
  • Study support to help you achieve professional qualifications, with salary increases for exam passes

Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates.

Pensions Calculations & Benefits Analyst (Hybrid) in Birmingham employer: Isio

Isio Group is an exceptional employer that prioritises employee growth and development, offering a competitive salary and market-leading bonus scheme. With a collaborative work culture and a commitment to continuous improvement, employees are encouraged to pursue professional qualifications with study support and salary increases for exam successes. The hybrid workstyle across various city centre locations, including Manchester and Bristol, ensures a flexible and dynamic working environment, making it an attractive place for those seeking meaningful and rewarding employment.

Isio

Contact Details:

Isio Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pensions Calculations & Benefits Analyst (Hybrid) in Birmingham

Tip Number 1

Network like a pro! Reach out to people in the pensions industry on LinkedIn or at local events. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by practising common questions related to pensions calculations and benefits. We recommend role-playing with a friend to boost your confidence and refine your answers.

Tip Number 3

Showcase your analytical skills! Bring examples of how you’ve tackled complex calculations or implemented changes in previous roles. This will help you stand out as a candidate who can deliver high-quality outputs.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Pensions Calculations & Benefits Analyst (Hybrid) in Birmingham

Pension Scheme Knowledge
Advanced Excel Skills
Analytical Skills
Attention to Detail
Calculation Proformas Development
User Acceptance Testing
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the role of a Pensions Calculations & Benefits Analyst. Highlight your experience with pension schemes and any relevant projects you've worked on. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your problem-solving mindset and collaborative spirit, as these are key for us.

Showcase Your Technical Skills:Since this role involves a lot of calculations and technical documentation, make sure to showcase your advanced Excel skills and any analytical tools you’re familiar with. We love seeing candidates who can clearly communicate complex concepts!

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Isio

Know Your Pensions Inside Out

Make sure you brush up on your knowledge of UK Defined Benefit and Defined Contribution pension schemes. Being able to discuss these concepts confidently will show that you're not just familiar with the terminology, but that you understand how they work in practice.

Excel at Excel

Since advanced Excel skills are crucial for this role, practice using functions, pivot tables, and data analysis tools. You might even want to prepare a few examples of how you've used Excel in past roles to demonstrate your analytical prowess during the interview.

Communicate Clearly

This role requires you to explain technical concepts to both technical and non-technical audiences. Prepare to give examples of how you've done this before, and practice explaining complex ideas in simple terms. This will highlight your communication skills and adaptability.

Show Your Problem-Solving Skills

Be ready to discuss specific instances where you've identified process improvements or contributed to transformation initiatives. Think about challenges you've faced in previous roles and how you overcame them, as this will showcase your proactive mindset and focus on quality outcomes.