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For Companies At a Glance
- Tasks: Collaborate with specialists to enhance pension systems and processes.
- Company: Join a leading firm dedicated to innovative pension solutions.
- Benefits: Enjoy flexible working with 2-3 days from home each week.
- Why this job: Make a real impact in the pensions sector while developing your skills.
- Qualifications: 5+ years in pensions administration and system implementation required.
- Other info: Reference number for application: 73264.
The predicted salary is between 43200 - 72000 £ per year.
As an experienced Pensions Business Analyst, take your experience forwards and work with pension specialists and system development specialists to identify and specify the most appropriate solutions to requirements for changes and improvements. Benefit from a flexible working arrangement with 2/3 days per week working from home.
About the role
- Working with members of the Benefits Team to understand business requirements, providing advice on potential technical solutions and translating requirements into specifications suitable for use by system developers.
- Understanding pension administration system functionality including calculations, interfaces, processes, letters system updates, and self-service applications.
- Supporting the delivery of major projects by leading analysis and development-related work-streams.
About you
- At least 5 years in depth understanding of pensions administration, policies and procedures, for CARE, Defined Benefit and Defined Contribution schemes.
- At least 5 years of implementing and testing core aspects of pension administration systems, including data, calculations, processes, letters and interfaces.
- At least 5 years of producing and reviewing system specifications, e.g. calculation specifications, process maps, member output and reporting specifications and templates.
Please quote reference 73264.
Pensions Business Analyst employer: The Sammons Recruitment Group - Specialist Recruitment Consultancy
Contact Detail:
The Sammons Recruitment Group - Specialist Recruitment Consultancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Business Analyst
✨Tip Number 1
Network with professionals in the pensions industry. Attend relevant seminars, webinars, or local meetups to connect with others who work in pensions administration. This can help you gain insights into the latest trends and potentially lead to job referrals.
✨Tip Number 2
Familiarise yourself with the specific pension administration systems mentioned in the job description. If you have experience with similar systems, be prepared to discuss how your skills can transfer to the ones used at StudySmarter.
✨Tip Number 3
Prepare to demonstrate your analytical skills during the interview. Think of examples from your past experience where you successfully identified requirements and translated them into actionable specifications for system developers.
✨Tip Number 4
Stay updated on changes in pension regulations and policies. Being knowledgeable about current legislation will not only enhance your understanding but also show your commitment to the field during discussions with our team.
We think you need these skills to ace Pensions Business Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in pensions administration, particularly focusing on your understanding of CARE, Defined Benefit, and Defined Contribution schemes. Use specific examples to demonstrate your skills in implementing and testing pension administration systems.
Craft a Strong Cover Letter: In your cover letter, explain why you are the perfect fit for the Pensions Business Analyst role. Discuss your experience with system specifications and how you've successfully led analysis and development work-streams in previous roles.
Highlight Relevant Skills: Emphasise your analytical skills and your ability to translate business requirements into technical specifications. Mention any experience you have working with system developers and your familiarity with pension administration system functionality.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a role that involves producing and reviewing system specifications.
How to prepare for a job interview at The Sammons Recruitment Group - Specialist Recruitment Consultancy
✨Showcase Your Pensions Knowledge
Make sure to highlight your extensive experience in pensions administration, especially with CARE, Defined Benefit, and Defined Contribution schemes. Be prepared to discuss specific examples of how you've implemented and tested pension administration systems.
✨Demonstrate Technical Understanding
Familiarise yourself with the technical aspects of pension administration systems. Be ready to explain how you’ve translated business requirements into system specifications, and provide examples of your work with calculations, processes, and interfaces.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past projects where you led analysis and development work-streams, and be ready to discuss the challenges you faced and how you overcame them.
✨Emphasise Collaboration Skills
Since the role involves working closely with both pension specialists and system developers, be sure to convey your ability to collaborate effectively. Share examples of how you've worked in teams to deliver successful projects and how you communicate complex information clearly.
