Buy Out Analyst

Buy Out Analyst

Reigate Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Assist with data analysis, scheme implementations, and support for pension buy-outs.
  • Company: Just is a fast-growing company dedicated to helping people achieve a better retirement.
  • Benefits: Enjoy 25 days annual leave, private medical cover, and a generous bonus scheme.
  • Why this job: Join a purpose-driven team and make a real difference in people's lives.
  • Qualifications: Self-starter with good communication skills; experience in pensions is a plus.
  • Other info: Be part of a diverse culture that values innovation and belonging.

The predicted salary is between 36000 - 60000 £ per year.

Buy Out Analyst

Just Group plc

Date Posted: 11/12/2025

Location: Reigate

Job Type: Full time

Contract: Permanent

Hours: 35 hours

Purpose

To provide high calibre and proactive assistance to both the Data and Onboarding Service Manager and Senior Buy-out Managers. Leading on new scheme implementations, data cleanse and operational data analysis, pension scheme buy outs and supporting the Data and Onboarding Service Manager with training the wider team.

Key Responsibilities

  • Support the transition of buy ins, completing a full review of the benefit specification and data for completeness, highlighting issues to the relevant party and owning through to resolution.
  • Complete the implementations for both buy-in and buy-out schemes with our TPA(s) linking in with the Data Onboarding Service Manager as needed, monitoring progress against plans and highlighting any issues or delays to the team.
  • Complete the TPA set up sign off process for all implementations maintaining records of the sign offs completed and ensuring everything is signed off as per agreed DB Governance matrix.
  • Facilitate the completion of all operational tasks for schemes in transition such as payroll funding and member calculations, working with others in DB as required.
  • Support the delivery of buy-outs, working with the Implementation Manager(s)/Buy-out Manager(s) as needed.
  • Support the BAU handover process for all schemes with both our TPA and Operational teams, owning any queries and resolving with relevant support as needed.
  • Support with cash flow true up calculations, ensuring information is provided internally in line with agreed timescales.
  • Support the completion of the DB valuation data, dealing with any data queries and leading on discussions with TPAs, liaising with our internal TPA manager as needed.
  • Support with the collation and production of any monthly MI, highlighting any unexpected delays or issues to the Data and Onboarding Service Manager.
  • Provide training and guidance to new implementation support team members measuring and signing off their competence levels accordingly as they progress.
  • Provide support to the Implementation Manager(s)/Buy-out Manager(s), deputising as necessary.
  • Support the Implementation Manager(s)/Buy-out Manager(s) to assist Trustees/Schemes to complete their data cleanse process.

What We’re Looking For

  • Self-starter, able to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail.
  • Good verbal, written communication and interpersonal skills, with the ability to communicate both internally and externally.
  • Good analytical and issue resolution skills.
  • An understanding of DB pensions, pension scheme administration requirements and systems would be beneficial.
  • An understanding of DB de-risking administration requirements and how they differ from standard pensions administration an advantage but not essential.

Experience

  • Experience working in the pensions industry for administrators or an insurance company would be beneficial.
  • Experience of working on projects or implementations would be helpful.
  • Experience of DB Corporate Pensions and understanding of Life and Pensions Industry beneficial.

Our behaviours

At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture – we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.

What’s In It For You

  • A competitive salary, pension scheme and life assurance
  • 25 days annual leave plus an additional day on us for your birthday
  • Private medical cover and income protection, just in case
  • A generous and highly achievable bonus scheme
  • Opportunities to progress your career in-role and within the company
  • Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
  • A variety of employee funded benefits available via our online benefits portal
  • Plus, several additional purchase options available for you and your loved ones

Application details

Please submit your CV using the \’apply now’ button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.

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Buy Out Analyst employer: Just Group plc

Just is an exceptional employer that prioritises a flexible and agile working environment, fostering a culture of ambition, curiosity, and collaboration. With a strong commitment to employee growth, we offer numerous career progression opportunities, comprehensive benefits including private medical cover and a generous bonus scheme, and a supportive atmosphere that values diversity and inclusion. Join us in making a meaningful impact on the lives of our customers while enjoying a rewarding and fulfilling career.
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Contact Detail:

Just Group plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Buy Out Analyst

✨Tip Number 1

Familiarise yourself with the specifics of DB pensions and buy-out processes. Understanding these concepts will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the pensions industry, especially those who have experience with buy-outs. Engaging in conversations can provide insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your analytical skills and how you've resolved issues in past roles. Be ready to share specific examples that highlight your problem-solving abilities, as this is crucial for the Buy Out Analyst position.

✨Tip Number 4

Showcase your ability to work under tight deadlines by discussing any relevant experiences. This role requires managing diverse workloads, so demonstrating your time management skills will be beneficial.

We think you need these skills to ace Buy Out Analyst

Attention to Detail
Analytical Skills
Problem-Solving Skills
Communication Skills
Project Management
Data Analysis
Time Management
Understanding of DB Pensions
Pension Scheme Administration
Interpersonal Skills
Ability to Work Under Pressure
Experience in Pensions Industry
Implementation Support
Training and Development Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Buy Out Analyst position. Tailor your application to highlight how your skills and experiences align with the job description.

Craft a Compelling CV: Your CV should clearly showcase your relevant experience in the pensions industry, particularly any roles related to DB pensions or project implementations. Use bullet points for clarity and focus on achievements that demonstrate your analytical and problem-solving skills.

Write a Tailored Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific aspects of Just's mission and values that resonate with you, and explain how you can contribute to their goal of becoming the UK’s most loved retirement expert.

Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Buy Out Analyst role.

How to prepare for a job interview at Just Group plc

✨Understand the Role

Make sure you have a clear understanding of the Buy Out Analyst role and its responsibilities. Familiarise yourself with terms like 'buy-ins', 'buy-outs', and 'DB pensions' to demonstrate your knowledge during the interview.

✨Showcase Your Analytical Skills

Prepare examples from your past experience where you've successfully used analytical skills to solve problems or improve processes. This will highlight your ability to handle the data analysis aspects of the role.

✨Communicate Effectively

Practice your verbal and written communication skills. Be ready to explain complex concepts in simple terms, as you'll need to communicate with both internal teams and external parties like TPAs.

✨Demonstrate Teamwork and Leadership

Since the role involves supporting and training new team members, be prepared to discuss your experiences in teamwork and any leadership roles you've taken on. This will show that you can contribute positively to the team culture at Just.

Buy Out Analyst
Just Group plc
Location: Reigate
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