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- Tasks: Analyse and develop pension calculation logic while conducting extensive testing.
- Company: Remote contract role with a focus on pensions analysis.
- Benefits: Competitive daily rate of £520, flexible remote work.
- Other info: Opportunity to work independently and collaborate with fellow analysts.
- Why this job: Join a dynamic team and make a real impact in pensions calculations.
- Qualifications: Strong experience in DB pensions calculations and testing.
The predicted salary is between 109440 - 109440 £ per year.
Remote 6 month contract Inside of IR35 £520 per day
Focus: Pensions Calculations Analysis, Manual Calculations & Testing.
Core Responsibilities:
- Analyse documents produced by the team (scheme structure + benefit basis) to understand calculation requirements.
- Develop & document pension calculation logic for:
- Deferred-to-retirement calculations
- Death in deferment
- Death in retirement
Essential Skills & Experience:
- Strong hands-on experience in DB pensions calculations, including complex scenarios.
- Ability to:
- Interpret technical scheme documentation
- Write accurate manual calculations
- Identify required test cases and edge scenarios
- Testing experience specific to pension calculations (highly desirable).
Scope of Role:
Contractors won’t be doing configuration itself, the focus is purely analysis, calc build & testing.
Pension Analyst in England employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pension Analyst in England
✨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 a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your DB pensions calculations knowledge. Be ready to discuss complex scenarios and demonstrate your testing experience. We want you to show off your skills and confidence!
✨Tip Number 3
Don’t forget to tailor your approach! When applying through our website, highlight your hands-on experience with manual calculations and testing. Make it clear how you can contribute to the team’s success.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Let’s make sure they remember you!
We think you need these skills to ace Pension Analyst in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with DB pensions calculations and any relevant testing you've done. We want to see how your skills match the job description, so don’t be shy about showcasing your expertise!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Pension Analyst role. We love seeing enthusiasm and a clear understanding of the responsibilities outlined in the job description.
Showcase Your Analytical Skills: In your application, emphasise your ability to analyse complex documents and develop calculation logic. We’re looking for someone who can dive deep into the details, so give us examples of how you’ve done this in the past!
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 makes the process smoother for everyone involved!
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 (DB) pensions calculations. Be prepared to discuss complex scenarios and demonstrate your understanding of technical scheme documentation. This will show that you’re not just familiar with the basics, but that you can handle the intricacies of pension calculations.
✨Showcase Your Manual Calculation Skills
Since manual calculations are a key part of this role, practice writing accurate manual calculations before the interview. Bring examples of your previous work or be ready to explain your thought process in creating test cases and edge scenarios. This will highlight your hands-on experience and attention to detail.
✨Prepare for Testing Scenarios
Think about various testing scenarios you’ve encountered in your past roles. Be ready to discuss how you identified required test cases and how you approached testing pensions calculations. This will demonstrate your analytical skills and your ability to oversee testing work effectively.
✨Emphasise Collaboration and Independence
While the role requires independent work, it’s also important to show that you can collaborate with other analysts. Prepare examples of how you’ve successfully worked both independently and as part of a team in previous positions. This balance is crucial for success in this role.