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For Companies At a Glance
- Tasks: Analyse pension calculations and conduct extensive testing to ensure accuracy.
- Company: Join a leading firm specialising in pensions analysis and support.
- Benefits: Competitive pay, flexible hours, and opportunities for professional growth.
- Other info: Collaborative team environment with a focus on independent work.
- Why this job: Make a real difference in people's financial futures through precise calculations.
- Qualifications: Experience in DB pensions calculations and strong analytical skills required.
The predicted salary is between 35000 - 45000 £ per year.
Focus: Pensions Calculations Analysis, Manual Calculations & Testing.
Core Responsibilities
- Analyse documents produced by the team (scheme structure + benefit basis) to understand calculation requirements.
- Deferred-to-retirement calculations.
- Death in retirement.
- Produce manual calculations and testing scenarios covering all variable combinations.
- Conduct extensive testing of pensions calculations on the admin system.
- Oversee analysts contributing to testing work.
- Strong hands-on experience in DB pensions calculations, including complex scenarios.
- Interpret technical scheme documentation.
- Write accurate manual calculations.
- Identify required test cases and edge scenarios.
- Testing experience specific to pension calculations (highly desirable).
- Ability to work independently but also collaborate with analysts.
Scope of Role
Contractors won’t be doing configuration itself, the focus is purely analysis, calc build & testing.
Calculations Analyst employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Calculations Analyst
✨Tip Number 1
Network like a pro! Reach out to professionals in the pensions field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that Calculations Analyst role.
✨Tip Number 2
Prepare for those interviews by brushing up on your manual calculations and testing scenarios. We recommend practising with real-life examples, so you can showcase your hands-on experience with DB pensions calculations.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer’s mind. We believe it shows your enthusiasm and professionalism, which is key in this competitive market.
✨Tip Number 4
Apply through our website for the best chance of getting noticed. We make it easy for you to showcase your skills and experience directly to hiring managers looking for someone just like you!
We think you need these skills to ace Calculations Analyst
Some tips for your application 🫡
Understand the Role: Before you start writing, make sure you really get what the Calculations Analyst role is all about. Dive into the job description and highlight the key responsibilities like pensions calculations and testing. This will help us see that you’re on the same page as us!
Show Your Skills: When you're crafting your application, don’t hold back on showcasing your hands-on experience with DB pensions calculations. Mention any complex scenarios you've tackled and how you’ve interpreted technical documentation. We want to know what makes you a great fit for our team!
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language to describe your experience with manual calculations and testing scenarios. We appreciate clarity, so avoid jargon unless it’s relevant to the role. Let’s keep it simple!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter while you’re at it!
How to prepare for a job interview at Lorien
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of defined benefit pensions calculations. Familiarise yourself with the technical scheme documentation and be ready to discuss how you would interpret it in real scenarios. This will show that you’re not just a numbers person, but someone who understands the intricacies of pensions.
✨Prepare for Manual Calculations
Since manual calculations are a big part of this role, practice doing them beforehand. Bring examples of complex scenarios you've worked on in the past, and be prepared to walk through your thought process during the interview. This will demonstrate your hands-on experience and analytical skills.
✨Testing Scenarios Are Key
Be ready to discuss your experience with testing pensions calculations. Think about specific test cases and edge scenarios you’ve encountered before. Highlight how you approached these challenges and what the outcomes were, as this will showcase your problem-solving abilities.
✨Collaboration is Crucial
Even though the role requires independent work, collaboration with other analysts is essential. Prepare examples of how you’ve successfully worked in a team setting, especially when overseeing others’ contributions. This will illustrate your ability to lead and support your colleagues effectively.