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For Companies At a Glance
- Tasks: Join us to maintain and enhance a major UK pension system while supporting complex calculations.
- Company: Be part of a leading organisation in the pensions sector, making a real impact.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: This role offers a chance to work on innovative projects and improve pension data management.
- Qualifications: Degree educated with experience in pensions systems or as a Pensions Data Analyst.
- Other info: Familiarity with Altair and strong analytical skills are highly desirable.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Hiring: Pension System Calculation & Data Analyst | Permanent | London (Hybrid)
Are you a Pensions Analyst with a knack for systems, calculations, and data? We’re working with our client, a leading organisation, to find a skilled Pension System Calculation and Data Analyst to join their team on a permanent basis.
This is a fantastic opportunity to play a key role in maintaining and enhancing a major UK pension administration system (Altair), supporting complex benefit calculations, and driving critical pension data projects forward.
Key Responsibilities:
- Maintain and develop the pension system (Altair) — ensuring member records, letters, and workflows are accurate.
- Conduct and support pension calculations and benefit statements.
- Lead data extracts and interface processes, ensuring timely and accurate delivery.
- Perform monthly payroll/HR reconciliations and system updates.
- Collaborate on key projects such as the Pensions Dashboard, data reporting, and scheme analytics.
- Troubleshoot system issues, support releases, and drive continuous improvement.
Skills:
- Experience in UK pensions administration, with solid understanding of manual pension benefit calculations.
- Proficient in Excel, SQL, Power BI, and VBA.
- Familiarity with the Altair (Heywood) system is highly desirable.
- Analytical, detail-oriented, and comfortable working independently (home-based).
- Strong communication and problem-solving skills.
Qualifications:
- Educated to degree level.
- Proven track record in pensions systems or as a Pensions Data Analyst / Pensions System Analyst.
- Experience managing and working with large sets of sensitive personal data.
Pension System Calculation & Data Analyst employer: LMA
Contact Detail:
LMA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension System Calculation & Data Analyst
✨Tip Number 1
Familiarise yourself with the Altair system, as it's a key part of the role. If you can demonstrate your understanding of how it works and its functionalities during interviews, you'll stand out as a strong candidate.
✨Tip Number 2
Brush up on your Excel, SQL, Power BI, and VBA skills. Being able to showcase your proficiency in these tools will be crucial, especially when discussing your experience with data analysis and reporting.
✨Tip Number 3
Prepare examples of your previous work with pension calculations and data projects. Having specific instances ready to discuss will help illustrate your expertise and problem-solving abilities.
✨Tip Number 4
Network with professionals in the pensions industry. Engaging with others in the field can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
We think you need these skills to ace Pension System Calculation & Data Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in UK pensions administration and any relevant skills such as Excel, SQL, Power BI, and VBA. Emphasise your familiarity with the Altair system if applicable.
Craft a Strong Cover Letter: In your cover letter, explain why you are passionate about pension systems and data analysis. Mention specific projects or experiences that demonstrate your analytical skills and problem-solving abilities.
Showcase Relevant Experience: When detailing your work history, focus on roles where you maintained or developed pension systems, conducted calculations, or managed sensitive data. Use quantifiable achievements to illustrate your impact.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at LMA
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in Excel, SQL, Power BI, and VBA during the interview. Be prepared to discuss specific projects where you've used these tools, especially in relation to pension calculations or data analysis.
✨Demonstrate Your Understanding of Pensions
Since the role requires a solid understanding of UK pensions administration, brush up on key concepts and be ready to explain manual pension benefit calculations. This will show your potential employer that you are knowledgeable and passionate about the field.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to troubleshoot system issues. Think of examples from your past experience where you successfully resolved challenges related to pension systems or data management.
✨Emphasise Your Communication Skills
As collaboration is key in this role, be sure to convey your strong communication abilities. Share examples of how you've worked with teams on projects like the Pensions Dashboard or data reporting, highlighting your role in facilitating discussions and driving results.
