Pension Calculations & Benefits Specialist

Pension Calculations & Benefits Specialist

Full-Time 40000 - 50000 £ / 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 employer with a commitment to diversity and inclusion.
  • 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 pension industry while developing your skills in a dynamic environment.
  • Qualifications: Understanding of UK pension schemes and strong analytical skills required.

The predicted salary is between 40000 - 50000 £ 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.

What does the role entail?

  • 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

What we’re looking for

  • 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
  • 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. 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.

Pension Calculations & Benefits Specialist employer: Isio

Isio Group is an exceptional employer that prioritises employee growth and development, offering competitive salaries and a 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 flexibility of hybrid working from vibrant city centre locations such as Manchester, Reading, Croydon, Birmingham, or Bristol further enhances the appeal of joining our dynamic team.

Isio

Contact Details:

Isio Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pension Calculations & Benefits Specialist

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by practising common questions and scenarios related to pension calculations. We recommend doing mock interviews with friends or using online resources to boost your confidence.

Tip Number 3

Showcase your skills! Bring along examples of your work or projects you've been involved in during interviews. This will help demonstrate your expertise in pension schemes and calculation solutions.

Tip Number 4

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

We think you need these skills to ace Pension Calculations & Benefits Specialist

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 reflects the skills and experiences that match the job description. Highlight your experience with pension schemes and any relevant projects you've worked on. We want to see how you can bring value to our team!

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 perfect fit. Don’t forget to mention your problem-solving mindset and collaborative spirit!

Showcase Your Technical Skills:Since this role involves calculations and analytical tasks, be sure to highlight your advanced Excel skills and any experience with user acceptance testing. We love seeing candidates who can clearly communicate technical concepts to different audiences!

Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get you in front of the right people quickly!

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. Be ready to discuss specific examples from your experience that demonstrate your understanding of these schemes and how they relate to the role.

Excel at Excel

Since advanced Excel skills are crucial for this position, practice using Excel for calculations and data analysis. Be prepared to showcase your analytical skills during the interview, perhaps by discussing a complex calculation you’ve handled in the past.

Communicate Clearly

This role requires you to explain technical concepts to both technical and non-technical audiences. Practice articulating complex ideas simply and clearly, as this will show your ability to engage with a range of stakeholders effectively.

Show Your Problem-Solving Skills

Be ready to share examples of how you've identified process improvements or tackled challenges in previous roles. Highlight your proactive mindset and focus on delivering quality outcomes, as this aligns perfectly with what they’re looking for.