At a Glance
- Tasks: Lead calculation projects and support the pensions administration team with innovative solutions.
- Company: Join Isio, a forward-thinking company focused on continuous improvement and growth.
- Benefits: Enjoy a competitive salary, market-leading bonus, and hybrid work options.
- Other info: Opportunities for personal development and mentoring junior colleagues.
- Why this job: Make a real impact in pensions administration while developing your skills in a dynamic environment.
- Qualifications: Three years' experience in calculations, strong Excel skills, and a collaborative mindset.
The predicted salary is between 36000 - 44000 £ 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 Benefits in York employer: Isio
Isio is an exceptional employer, offering a dynamic work environment in Edinburgh where Senior Defined Benefit Pensions Administrators can thrive. With a competitive salary and market-leading bonus scheme, employees benefit from a strong focus on professional development and a supportive culture that encourages mentorship and collaboration among team members.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pensions Analyst - Calculations and Benefits in York
✨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 Isio. 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 Senior Pensions Analyst - Calculations and Benefits in York
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 Isio.
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 Isio'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 Isio
✨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 Isio.
✨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 Isio 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 Isio 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.
