Pension Analyst

Pension Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support pension payrolls, data projects, and system enhancements in a dynamic team.
  • Company: Join a forward-thinking in-house pensions team with a collaborative spirit.
  • Benefits: Gain valuable experience, develop your skills, and enjoy a flexible work environment.
  • Why this job: Combine your analytical skills with pensions knowledge to make a real impact.
  • Qualifications: Strong analytical skills, experience with data, and knowledge of UK pension arrangements.
  • Other info: Work independently from home while being part of a supportive team.

The predicted salary is between 36000 - 60000 £ per year.

Are you an experienced pensions professional with strong analytical and systems skills? This is an exciting opportunity to join a forward‑thinking in‑house pensions team, supporting the smooth running of pensioner and employee payrolls, system enhancements, project work, and ongoing scheme administration.

In this varied and technical role, you’ll support both BAU administration and a wide range of scheme projects. You’ll play a key part in ensuring accurate payroll processing, data integrity, system improvements, and reporting. This position is ideal for someone who enjoys combining pensions knowledge with data analysis and system support.

Key Responsibilities
  • Support the processing of monthly pensioner and employee payroll files, ensuring member records are updated accurately and all reconciliations and data extracts are completed.
  • Assist with data projects and scheme event reporting, including benefit statement production, GMP equalisation work, scheme data extracts, and the annual pensioner increase exercise.
  • Maintain and develop the UK pension administration system (Altair), including workflows, benefit calculations, member records, template letters, and software updates.
  • Provide ongoing support to wider pension projects, producing management information and contributing to improvements across day‑to‑day administration processes.
  • Handle large data sets with accuracy, confidentiality, and attention to detail.
Essential skills & experience
  • Good knowledge of UK pension arrangements with the ability to undertake manual benefit calculations.
  • Experience working with large volumes of personal data.
  • Strong proficiency in Microsoft Excel and Word, with VBA skills.
  • Experience using Altair (Heywood) or a comparable pension administration system for DB and DC records.
  • Highly analytical, detail‑oriented, and numerate.
  • Able to work independently in a predominantly home‑based role while maintaining a strong team focus.
  • Excellent communication and interpersonal skills, with a flexible, solutions‑focused mindset.
  • Advanced SQL report‑writing experience.
  • Familiarity with Power BI for dashboards and analytics.
  • Previous experience supporting pension system development and configuration.

Pension Analyst employer: Lorien

Join a dynamic in-house pensions team that values innovation and collaboration, offering a supportive work culture where your analytical skills can shine. With opportunities for professional growth and development, this role allows you to make a meaningful impact on pension administration while enjoying the flexibility of a predominantly home-based position. Experience a workplace that prioritises employee well-being and fosters a strong sense of community among its members.
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Contact Detail:

Lorien 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. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Get your LinkedIn game on point! Make sure your profile is up-to-date and showcases your skills in pensions, data analysis, and system support. 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 technical knowledge. Be ready to discuss your experience with pension systems like Altair and your analytical skills. Practise common interview questions and have examples ready to demonstrate your expertise.

✨Tip Number 4

Don't forget to apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining our team. It shows initiative and enthusiasm, which we really appreciate!

We think you need these skills to ace Pension Analyst

Pensions Knowledge
Analytical Skills
Data Analysis
Payroll Processing
Attention to Detail
Microsoft Excel
Microsoft Word
VBA Skills
Altair (Heywood)
SQL Report-Writing
Power BI
Interpersonal Skills
Problem-Solving Skills
Project Support

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience with pensions and data analysis. We want to see how your skills match the role, so don’t be shy about showcasing your knowledge of UK pension arrangements and any relevant systems you've worked with.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how your background makes you a perfect fit. We love seeing enthusiasm and a clear connection to the job description.

Show Off Your Analytical Skills: Since this role involves a lot of data handling, make sure to mention any specific projects where you’ve successfully managed large data sets or improved processes. We’re looking for those analytical skills to really stand out!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Lorien

✨Know Your Pensions Inside Out

Make sure you brush up on your knowledge of UK pension arrangements. Be ready to discuss manual benefit calculations and how they apply to the role. This will show that you’re not just familiar with the theory but can also apply it practically.

✨Show Off Your Analytical Skills

Prepare examples of how you've handled large data sets in the past. Whether it's through Excel or SQL, be ready to explain your process and the outcomes. This will demonstrate your analytical prowess and attention to detail, which are crucial for this role.

✨Familiarise Yourself with Altair

If you have experience with Altair or similar pension administration systems, make sure to highlight it. If not, do a bit of research on its functionalities. Being able to discuss system enhancements and your understanding of workflows will set you apart.

✨Communicate Clearly and Confidently

Since this role involves collaboration, practice articulating your thoughts clearly. Prepare to discuss how you’ve worked independently while still being a team player. Good communication skills will be key in showing you can contribute positively to the team.

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