Senior Pensions Analyst - Calculations and Bene... Pensions Administration · · in Croydon
Senior Pensions Analyst - Calculations and Bene... Pensions Administration · ·

Senior Pensions Analyst - Calculations and Bene... Pensions Administration · · in Croydon

Croydon Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
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Isio

At a Glance

  • Tasks: Lead and support pensions calculation projects while mentoring junior team members.
  • Company: Join Isio, a dynamic company focused on continuous improvement and growth.
  • Benefits: Competitive salary, market-leading bonus, and hybrid work options.
  • Other info: Collaborative culture with opportunities for personal development and career growth.
  • Why this job: Make a real impact in pensions administration with innovative solutions.
  • Qualifications: 3+ years in calculation theory, strong Excel skills, and excellent communication.

The predicted salary is between 50000 - 65000 £ per year.

We are expanding our Client Onboarding and Change team and are looking for experienced Calculation Analysts to support the delivery of work in our Calculations and Benefits Team in a consistent and market leading manner. We are delivering across the pensions administration business on small, medium, and large-scale implementation and calculation projects including new business and post-project implementation, such as GMPE. The role will work closely with the Administration business, in particular the Admin Systems and Admin BAU teams, as well as stakeholders from across Isio and third parties. The role will likely be visible to, and involve working with, all levels of the business – from Partners to frontline operational teams. These roles can be based in our Croydon, Manchester, Reading, Bristol or Birmingham city centre office with a hybrid workstyle.

What does the role entail? We are looking for an individual with strong Excel skills, excellent attention to detail, an understanding of scheme rules and good communication skills. You should have a strong technical understanding, a commercial outlook, and an entrepreneurial mindset. Your key responsibilities will be:

  • Evaluating and documenting business processes.
  • Creating and signing off robust calculation proformas.
  • Creating a robust test grid.
  • Conducting user acceptance testing.
  • Investigating calculation discrepancies.
  • Clearly communicating design and changes to business stakeholders, technical teams, and management.
  • Building training materials.
  • Acting as a liaison between stakeholders, users, and technical teams to ensure effective adoption of any new system or process.
  • Identifying new opportunities for improvement.
  • Analysing options to identify the best fit for the business need.
  • Managing team workflow and supporting junior team members.
  • Providing technical guidance and development of the testing calculation proformas for legislative and scheme changes.
  • Lead on a range of Pensions Administration Calculation Implementations and Projects.
  • Oversee and support transformation, installation and solutions implementation, where required.
  • Produce and present to varying stakeholders on a range of pensions administration and technology services and outcomes.
  • Enable and adopt effective risk management and governance frameworks.
  • Offer technical advice and support to colleagues and external stakeholders.
  • Ensuring processes are embedded into BAU Administration and completing post implementation / project analysis to confirm acceptance and provide lessons learned.

What we’re looking for:

Essential
  • People who are driven by Isio’s purpose and values and a culture of continuous improvement, change and growth.
  • Knowledge and understanding of UK Defined Benefit and UK Defined Contribution Pensions.
  • Minimum three years’ experience in a role focused primarily on calculation based theory and formula development.
  • Experience mentoring, ideally managing, junior colleagues and their workload.
  • Track record of calculation solutions implementation and transformation.
  • Pragmatic, with a keen eye for detail.
  • Collaborative, transparent and inclusive values.
  • Dynamic and organised, to enable effective decision making and prioritisation.
  • Strong analytical skills and creative approach to getting work delivered.
  • Positive role model to colleagues and stakeholders.
  • Personal development and ambition.
Desirable
  • Experience delivering calculations of various size and types as a Calculation analyst.
  • Comfortable with managing stakeholders of all kinds to influence and determine acceptable solutions.
  • Able to define clarity out of ambiguity – always seeking the underlying “why” – or rationale.
  • Experience creating detailed reports and giving presentations.
  • Competency in Microsoft applications including Word, Excel, and Outlook.
  • Excellent planning, organisational, and time management skills.
  • Presentation skills that demonstrate the ability to communicate across various mediums to both technical and non-technical audiences at all levels.
  • Experience of working in a Pensions Administration environment.
  • Experience of modern Pensions Administrations systems.

What you can expect in return: A competitive salary and market leading bonus scheme. Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates. If you think you may require a reasonable adjustment to be made for any reason at any stage of your recruitment process, please ask us hrrecruitment@ISIO.com.

Senior Pensions Analyst - Calculations and Bene... Pensions Administration · · in Croydon employer: Isio

Isio Group is an exceptional employer that fosters a culture of continuous improvement and growth, making it an ideal place for a Senior Pensions Analyst. With a competitive salary, market-leading bonus scheme, and opportunities for personal development, employees are encouraged to thrive in a collaborative and inclusive environment. The hybrid workstyle across various city centre offices, including Croydon, Manchester, Reading, Bristol, and Birmingham, further enhances work-life balance while engaging with diverse stakeholders at all levels of the business.
Isio

Contact Detail:

Isio Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pensions Analyst - Calculations and Bene... Pensions Administration · · in Croydon

Tip Number 1

Network like a pro! Reach out to your connections in the pensions industry and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.

Tip Number 2

Prepare for interviews by brushing up on your technical knowledge and Excel skills. Be ready to discuss your experience with calculation solutions and how you've tackled challenges in previous roles. Show them you’re the go-to person for all things calculations!

Tip Number 3

Don’t just apply and wait! Follow up on your applications through our website. A quick email or call can show your enthusiasm and keep you on their radar. It’s all about making that personal connection!

Tip Number 4

Be ready to showcase your collaborative spirit. In interviews, share examples of how you’ve worked with diverse teams and managed stakeholders. Highlighting your ability to communicate effectively will set you apart from the crowd!

We think you need these skills to ace Senior Pensions Analyst - Calculations and Bene... Pensions Administration · · in Croydon

Excel Skills
Attention to Detail
Understanding of Scheme Rules
Communication Skills
Technical Understanding
Commercial Outlook
Entrepreneurial Mindset
Business Process Evaluation
User Acceptance Testing
Calculation Discrepancy Investigation
Stakeholder Management
Training Material Development
Analytical Skills
Pensions Knowledge (UK Defined Benefit and Defined Contribution)
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your strong Excel skills, attention to detail, and any relevant pensions administration experience. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our values. Don’t forget to mention your experience with calculation solutions and stakeholder management.

Showcase Your Technical Skills: Since this role requires a strong technical understanding, be sure to include specific examples of your work with calculations and any systems you've used. We love seeing how you’ve tackled challenges in the past!

Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Isio

Know Your Numbers

As a Senior Pensions Analyst, you'll need to showcase your strong Excel skills. Brush up on your Excel functions and be ready to discuss how you've used them in past roles. Maybe even prepare a few examples of complex calculations you've handled.

Understand the Scheme Rules

Make sure you have a solid grasp of UK Defined Benefit and Defined Contribution Pensions. Familiarise yourself with common scheme rules and be prepared to discuss how they impact calculations. This will show that you’re not just technically savvy but also understand the bigger picture.

Communicate Clearly

Since the role involves liaising with various stakeholders, practice articulating complex ideas simply. Prepare to explain how you've communicated design changes or calculation discrepancies in the past. Clear communication can set you apart from other candidates.

Show Your Leadership Skills

If you've mentored or managed junior colleagues, be ready to share those experiences. Discuss how you supported their development and managed workloads. This will demonstrate your collaborative spirit and ability to lead within a team, which is crucial for this role.

Senior Pensions Analyst - Calculations and Bene... Pensions Administration · · in Croydon
Isio
Location: Croydon
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