Pensions Calculations Analyst

Shape the Future of Pensions with WTW

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.

Are you passionate about precision, problem-solving, and making a real impact in the world of pensions? This is an exciting opportunity to join WTW’s Outsourcing Business as a Pensions Calculation Analyst within our Business Solutions function.

In this role, you\’ll work alongside a talented team of onshore and offshore Calculation Experts, supporting a diverse portfolio of large and complex Defined Benefit (DB) pension schemes. As WTW’s Outsourcing business continues to grow—supporting major pension schemes, LifeSight, leading insurers, and our OneDB proposition—you’ll have the chance to contribute to innovation, streamline processes, and help shape more efficient ways of working.

We’re looking for someone with deep DB pensions expertise, including a strong understanding of Guaranteed Minimum Pensions (GMP), GMP Equalisation, and the Barber judgement. If you’re a collaborative, detail-driven professional ready to take on complex challenges and help modernize how pensions are delivered—we’d love to have you on the team.

Your knowledge will make a real difference. Let’s build the future of pensions together. At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

The Role

• Analysing business requirements, Trust Deed and Rules and other scheme documentation and planning an appropriate software solution with a focus on accuracy, build efficiency and maintainability.
• Foster a culture of quality and instill behaviour required for success.
• Interact with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
• Completing given tasks in a timely fashion including managing deadlines appropriately.
• Providing an efficient, professional service to meet all client needs and to promote the WTW brand.
• Alongside other Specialist produce detailed calculation proforma from first principles and supporting automation test packs.
• 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.

The Requirements

• 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 an self-sustaining contributor or as part of a broader team.
• Experience establishing standards and procedures and advocate best practices.
• Some knowledge of Unix-based operating systems, use of the command line and SQL is advantageous but not essential as training will be provided.
• Strong knowledge of Contracting Out Requirements such as GMP
• Strong Defined Benefit Knowledge, including historical knowledge of UK Pensions Legislation.

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. We embrace all types of diversity.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution. We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

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@willistowerswatson.com. You don’t need to have an account in ATS to apply for the jobs. Once you click apply, get started right away by simply using your email. Your profile will be created and kept up to date automatically as you enter details for each of your job applications.