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- Tasks: Support and optimise a UK pension administration system while ensuring data accuracy.
- Company: Join a leading firm in pension operations with a focus on innovation.
- Benefits: Flexible hybrid working, competitive pay, and opportunities for professional growth.
- Why this job: Make a real impact in the pensions sector while developing your analytical skills.
- Qualifications: Degree-level education and experience in pensions systems or administration required.
- Other info: Dynamic role with opportunities for continuous improvement and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced and detail‑oriented Pensions Systems & Data Analyst to support the Pension & Reward Operations Manager in the ongoing maintenance, development, and optimisation of a UK pension administration system (Altair). This is a key role at the heart of pensions operations, combining systems expertise, data management, and project support within a complex and highly regulated environment.
Contract: 6‑12 months
Hybrid working arrangement allowing excellent flexibility
Key Responsibilities
- Support the maintenance and development of the pension administration system (Altair), ensuring the accuracy of member records, benefit calculations, workflows, and member communications.
- Assist with the development, testing, and implementation of system workflows, calculations, and letters, including software upgrades, issue resolution, and change requests.
- Perform monthly payroll and HR reconciliations to ensure pension data integrity and accuracy.
- Support pension data projects, including the Pensions Dashboard, benefit statements, pension increases, scheme extracts, and data reporting and analysis.
- Produce, manage, and upload regular data interfaces to external suppliers, resolving any processing or data‑related queries.
- Assist with annual membership movements and contribution reconciliations, ensuring records are updated correctly and in a timely manner.
- Produce high‑quality management information and reporting within agreed timescales.
- Contribute to continuous improvement initiatives across pensions administration processes, reporting, and member communications.
- Undertake additional duties aligned with skills and experience as reasonably required.
Skills, Knowledge & Experience
- Strong knowledge and experience of UK pension arrangements.
- Proven experience in pensions systems support or administration.
- Experience handling large volumes of sensitive personal data.
- Strong understanding of manual pension benefit calculations.
- Advanced analytical and problem‑solving skills.
- Strong Microsoft Excel and Word capabilities.
- Degree‑level education.
- Experience with Altair (Heywood) pension administration system.
- Advanced SQL and/or VBA capabilities.
Pension Analyst employer: LMA Recruitment
Contact Detail:
LMA Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Analyst
✨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
Get your LinkedIn game on point! Make sure your profile is up-to-date and showcases your experience with pension systems, especially Altair. Engage with relevant content and connect with professionals in the field to increase your visibility.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of UK pension arrangements and data management. Be ready to discuss your experience with manual benefit calculations and how you've tackled challenges in previous roles.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic roles waiting for you, and applying directly can give you a better chance of standing out. Plus, it shows you’re genuinely interested in joining our team!
We think you need these skills to ace Pension Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pension Analyst role. Highlight your experience with pension systems, especially Altair, and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work that show your analytical abilities and problem-solving skills. We love seeing how you’ve tackled challenges in the past.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're passionate about pensions and how your background makes you a great fit for our team. Keep it engaging and personal – we want to get to know you!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at LMA Recruitment
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of UK pension arrangements. Familiarise yourself with the specifics of the Altair system and be ready to discuss how you've used it in past roles. This will show that you're not just a candidate, but someone who understands the intricacies of the job.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving skills. Think of situations where you've handled large volumes of sensitive data or performed complex calculations. Being able to articulate these experiences will demonstrate your capability to manage the responsibilities of the role.
✨Be Ready for Technical Questions
Expect questions about SQL and VBA, as well as your experience with Excel. Brush up on your technical skills and be prepared to discuss how you've applied them in real-world scenarios. If possible, practice explaining technical concepts in simple terms, as this shows your ability to communicate effectively.
✨Demonstrate Continuous Improvement Mindset
Think of examples where you've contributed to process improvements in previous roles. Be ready to discuss how you can bring this mindset to the pension administration processes at the company. Showing that you're proactive about enhancing efficiency will set you apart from other candidates.
