Senior Pensions Calculation Analyst in London
Senior Pensions Calculation Analyst

Senior Pensions Calculation Analyst in London

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
Willis Towers Watson

At a Glance

  • Tasks: Lead complex pension calculations and create tailored solutions for clients.
  • Company: WTW, a diverse and inclusive employer in the pensions industry.
  • Benefits: 25 days annual leave, private healthcare, hybrid working, and various perks.
  • Why this job: Make a meaningful impact in the pensions sector while collaborating with passionate professionals.
  • Qualifications: Strong background in UK occupational pensions and excellent problem-solving skills.
  • Other info: Flexible hybrid model with opportunities for professional growth and community involvement.

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

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. Our work touches the lives of millions of people. WTW Outsourcing Business is dedicated to helping our clients deliver excellent experience to the members of their pension schemes.

This is an exciting opportunity to join WTW's Outsourcing Business as a Senior Pension Calculation Analyst within the Business Solutions team of our Outsourcing Business Technology function. You'll work alongside a talented group of onshore and offshore specialists, supporting a diverse portfolio of Defined Benefit (DB) occupational pension schemes. As WTW continues to grow—partnering with some of the UK's largest pension schemes, delivering for LifeSight, supporting major insurers, and advancing our innovative OneDB proposition—you'll play a pivotal role in driving technical excellence, enhancing processes, and creating smarter, more efficient ways of working across our delivery model.

We're looking for someone with strong technical expertise in DB pensions, ideally with experience in areas such as manual calculations, automated calculations, complex calculations like barber period calculations, guaranteed minimum pensions (GMP), GMP Equalisation, and related complexities. You'll blend strategic thinking with hand‐on capability, taking the lead on complex work, guiding and mentoring colleagues, and helping shape scalable solutions for the future.

If you're ready to lead, collaborate with passionate professionals, and make a meaningful impact in the pensions industry—we'd love to hear from you.

Office location: You can be based in any of our offices across London, Reigate, Bristol, Birmingham, Manchester, Leeds, or Edinburgh. This role follows a flexible hybrid model, with just one day per week or per month working in your nearest office.

The Role:

  • Anticipating client needs (including short-term) and identifying practical solutions to calculation suites.
  • Create tailored client solutions for complex service offerings to provide exceptional experiences to clients.
  • Interact with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
  • Build confidence in expressing ideas in conference calls or dealing with challenging situations.
  • Providing an efficient, professional service to meet all client needs and to promote the WTW brand.
  • Accountable for the delivery of all projects within your capacity.
  • Work towards developing and optimizing end to end automation.
  • Build on technical expertise/capabilities/skills and contribute towards measurable improvements.
  • Contribute to the implementation of continuous improvement initiatives and single team culture to increase end to end automation efficiencies and results.

Qualifications:

  • Strong background in UK occupational pensions.
  • Self‐starter attitude and ability to work well within ambiguity.
  • Adeptness at learning new technology and tools.
  • Strong written and verbal communication skills.
  • Strong ability to think through problems and implement solutions.
  • Demonstrated ability to multi‐task and work on virtual teams.
  • Process driven with ability to modify approach.
  • Excellent time management and ability to meet deadlines.
  • Working knowledge of MS Excel & Word.
  • Good time management skills and the ability to organize and prioritize own workload.
  • Problem solving and reasoning skills.
  • Ability to work effectively as a self‐sustaining contributor or as part of a broader team.
  • Experience establishing standards and procedures and advocate best practices.
  • Strong Defined Benefit Knowledge, including historical knowledge of UK Pensions Legislation.

What we offer:

Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company. We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle‐to‐work programme, dental and optical cover, critical illness protection, and much more.

Equal Opportunity Employer: We're committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@wtwco.com.

Senior Pensions Calculation Analyst in London employer: Willis Towers Watson

WTW is an exceptional employer that champions inclusivity and diversity, ensuring every employee feels valued and empowered. With a flexible hybrid working model and a comprehensive benefits package that includes generous annual leave, private healthcare, and opportunities for professional growth, WTW fosters a supportive work culture where you can thrive both personally and professionally. Join a team dedicated to making a meaningful impact in the pensions industry while enjoying unique perks tailored to enhance your career and wellbeing.
Willis Towers Watson

Contact Detail:

Willis Towers Watson Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pensions Calculation Analyst in London

✨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

Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss complex calculations like GMP Equalisation and barber period calculations. We want you to shine when it comes to showcasing your expertise!

✨Tip Number 3

Practice your communication skills! Whether it's a conference call or an in-person interview, being able to express your ideas clearly is key. Try role-playing with a friend to get comfortable with discussing your experience and solutions.

✨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. Let's get you on board at WTW!

We think you need these skills to ace Senior Pensions Calculation Analyst in London

Technical Expertise in Defined Benefit Pensions
Manual Calculations
Automated Calculations
Complex Calculations (e.g., Barber Period Calculations, GMP, GMP Equalisation)
Strategic Thinking
Mentoring and Guiding Colleagues
Client Interaction
Problem-Solving Skills
Communication Skills (Written and Verbal)
Time Management
MS Excel
MS Word
Process Improvement
Knowledge of UK Pensions Legislation
Ability to Work in Ambiguity

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with Defined Benefit pensions. We want to see how your skills align with the role, so don’t hold back on showcasing your technical expertise!

Showcase Your Problem-Solving Skills: In your application, give examples of how you've tackled complex calculations or challenges in the past. We love seeing candidates who can think strategically and implement practical solutions.

Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the point!

Apply Through Our Website: We encourage you 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’s super easy!

How to prepare for a job interview at Willis Towers Watson

✨Know Your Pensions Inside Out

Make sure you brush up on your knowledge of Defined Benefit pensions, especially the complexities like GMP and barber period calculations. Being able to discuss these topics confidently will show that you're not just familiar with the basics but can handle the intricacies of the role.

✨Showcase Your Problem-Solving Skills

Prepare examples of how you've tackled complex problems in previous roles. WTW values strategic thinking, so be ready to explain your thought process and how you arrived at your solutions. This will demonstrate your ability to think critically and adapt to challenges.

✨Communicate Clearly and Confidently

Practice articulating your ideas clearly, especially when discussing technical topics. WTW looks for strong communication skills, so consider doing mock interviews or presenting to friends to build your confidence in expressing your thoughts during the interview.

✨Embrace Inclusivity and Teamwork

Familiarise yourself with WTW's commitment to inclusivity and teamwork. Be prepared to discuss how you can contribute to a positive team culture and support your colleagues. Highlight any experiences where you've worked collaboratively to achieve a common goal.

Senior Pensions Calculation Analyst in London
Willis Towers Watson
Location: London

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