At a Glance
- Tasks: Analyse pension documents and perform manual calculations and testing.
- Company: Join a leading firm specialising in pensions analysis.
- Benefits: Competitive pay, flexible hours, and opportunities for skill development.
- Other info: Collaborative team environment with room for growth.
- Why this job: Make a difference in people's financial futures through precise calculations.
- Qualifications: Experience in DB pensions calculations and strong analytical skills.
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 in London employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Calculations Analyst in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the pensions industry on LinkedIn or at local meetups. 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 confidently.
✨Tip Number 3
Don’t forget to highlight your ability to interpret technical scheme documentation during interviews. We want to see you demonstrate how you can break down complex information into manageable parts.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Calculations Analyst in London
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 analysis and testing. This will help you tailor your application to show we’re on the same page.
Show Your Experience: When you’re detailing your experience, focus on your hands-on work with DB pensions calculations. Share specific examples of complex scenarios you've tackled and how you’ve contributed to testing. We want to see that you can handle the nitty-gritty of manual calculations and testing.
Be Clear and Concise: Keep your application clear and to the point. Use straightforward language and avoid jargon unless it’s relevant to pensions calculations. We appreciate a well-structured application that makes it easy for us to see your skills and experience without wading through fluff.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to showcase your enthusiasm for joining the StudySmarter team!
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. This will show that you understand the complexities involved and can handle the analysis required.
✨Prepare for Manual Calculations
Practice producing manual calculations and testing scenarios before the interview. Be prepared to explain your thought process and how you approach different variable combinations. This hands-on experience will demonstrate your capability in handling the core responsibilities of the role.
✨Showcase Your Testing Experience
Highlight any previous experience you have with testing pensions calculations. Be ready to discuss specific test cases and edge scenarios you've encountered. This will help illustrate your analytical skills and your ability to oversee testing work effectively.
✨Collaboration is Key
Even though the role requires independent work, emphasise your ability to collaborate with other analysts. Share examples of how you've worked as part of a team in the past, especially in relation to testing and analysis. This will show that you can contribute positively to the team dynamic.