At a Glance
- Tasks: Support BPA Operations by analysing and ensuring data accuracy for pension benefits.
- Company: Join a leading financial services firm with a focus on innovation.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Dynamic team environment with a commitment to knowledge sharing and career development.
- Why this job: Make a real difference in people's financial futures while developing your analytical skills.
- Qualifications: Experience in defined benefit pensions and strong Excel skills required.
The predicted salary is between 35000 - 45000 € per year.
Responsibilities
- Support the Head of BPA Operations with the successful transition of Bulk Purchase Annuity business.
- Perform analysis of defined benefit datasets and benefit specification and report on accuracy, integrity and completeness of data from both pricing and administration perspectives.
- Perform reconciliation and analysis of updated/cleansed data sets received from ceding pension scheme administrators to ensure that our future policyholders will receive their correct benefit entitlement.
- Create calculation spreadsheets for revaluation, pension increases, pension payroll including taking account of GMP equalisation for reconciliations against data sets and system set up for schemes.
- Analyse, reconcile and record data changes for movement and cleansed data and keep a full audit trail of all benefit and data items throughout the lifecycle of the onboarding process.
- Test and reconcile parallel payroll, pension increase runs and benefit calculation automation.
- Monitor the quality of data and when errors are identified, take steps to rectify and prevent/minimise error repetition.
- Support knowledge sharing across the team and the development of others as appropriate.
- Comply with standards relating to the provision of technical advice and or documentation, operating within legal, regulatory and company standards.
- Ad hoc tasks as required.
- Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards as set out.
- Notify the regulator(s) of matters reasonably expected to be notified.
Core Competencies
- Good written and oral communication skills.
- Ability to confidently deal with stakeholders at all levels.
- Strong Excel skills.
- High attention to detail and strong analytical capability.
- Flexible and positive attitude.
- Able to work to strict deadlines.
Experience and Qualifications
- A good understanding of defined benefit pensions/bulk purchase annuities or risk transfer transactions.
- A detailed understanding of pension administration processes.
- Hands on experience of performing and checking defined benefit calculations.
BPA Technical Data Analyst employer: Utmost International
As a BPA Technical Data Analyst, you will thrive in a dynamic work environment that prioritises employee growth and collaboration. Our company fosters a culture of continuous learning and knowledge sharing, ensuring that you have the support and resources needed to excel in your role while contributing to meaningful projects that impact future policyholders. Located in a vibrant area, we offer competitive benefits and a commitment to maintaining high standards of integrity and excellence in all our operations.
StudySmarter Expert Advice🤫
We think this is how you could land BPA Technical Data Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend relevant events, and connect with professionals on LinkedIn. We can’t stress enough how personal connections can open doors that applications alone can’t.
✨Tip Number 2
Prepare for interviews by practising common questions related to data analysis and pensions. We recommend doing mock interviews with friends or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Create a portfolio of your work, especially any projects related to data analysis or pension calculations. This gives potential employers a tangible sense of what you can bring to the table.
✨Tip Number 4
Don’t forget to 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 BPA Technical Data Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the BPA Technical Data Analyst role. Highlight your experience with defined benefit pensions and any relevant analytical skills. We want to see how your background fits perfectly with what we're looking for!
Showcase Your Excel Skills:Since strong Excel skills are a must, don’t forget to mention any specific projects or tasks where you’ve used Excel to analyse data or create reports. We love seeing practical examples of your expertise!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences. We appreciate straightforward communication!
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’s super easy to do!
How to prepare for a job interview at Utmost International
✨Know Your Numbers
Brush up on your Excel skills and be ready to discuss how you've used them in past roles. Be prepared to explain your experience with defined benefit calculations and how you ensure accuracy in your work.
✨Understand the Business
Familiarise yourself with Bulk Purchase Annuities and defined benefit pensions. Knowing the ins and outs of these concepts will help you answer questions confidently and show that you're genuinely interested in the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've analysed and reconciled data in previous positions. Highlight your attention to detail and how you've tackled errors in data sets, as this is crucial for the role.
✨Communicate Effectively
Practice articulating your thoughts clearly, especially when discussing technical topics. Being able to communicate complex information simply will impress interviewers and demonstrate your ability to deal with stakeholders at all levels.
