Pension Calculation Analyst 12 Month FTC in Redhill
Pension Calculation Analyst 12 Month FTC

Pension Calculation Analyst 12 Month FTC in Redhill

Redhill Temporary 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead pension calculations and create tailored solutions for exceptional client experiences.
  • Company: WTW, a diverse and inclusive employer shaping the future of pensions.
  • Benefits: 25 days annual leave, private healthcare, hybrid working, and various perks.
  • Why this job: Make a meaningful impact in the pensions industry 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.

Lead with Expertise. Deliver with Impact. Shape the Future of Pensions. 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.

Our work touches the lives of millions. At WTW Outsourcing Business, we’re committed to helping clients deliver exceptional experiences to 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 hands‑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.

Why WTW? 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. 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 required in your nearest office. This is a 12‑month Fixed‑Term Contract role.

The Role:

  • Anticipate client needs and identify practical solutions for calculation suites.
  • Create tailored solutions for complex service offerings to deliver exceptional client experiences.
  • Collaborate with third parties such as scheme actuaries and solicitors to resolve technical queries.
  • Communicate confidently in meetings and handle challenging situations effectively.
  • Deliver efficient, professional service to meet client needs and promote the WTW brand.
  • Take ownership of projects within your remit.
  • Drive automation and process optimization.
  • Support continuous improvement initiatives and foster a collaborative team culture.
  • Interpret scheme rules and documentation into clear calculation specifications.

Qualifications:

  • Strong background in UK occupational pensions with some experience in pension administration.
  • Strong Defined Benefit knowledge, including historical UK pensions legislation.
  • Ability to interpret scheme rules and documentation into clear calculation specifications.
  • Proactive mindset and ability to navigate ambiguity.
  • Quick learner with aptitude for new technology and tools.
  • Excellent written and verbal communication skills.
  • Strong problem‑solving and solution implementation abilities.
  • Ability to manage multiple tasks and work effectively in virtual teams.
  • Process‑driven approach with flexibility to adapt.
  • Strong time management and organisational skills.
  • Proficiency in MS Excel and Word.
  • Ability to work independently and as part of a team.
  • Experience in setting standards and advocating best practices.

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. Start making the most of your career and wellbeing with a range of benefits tailored for you.

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.

Pension Calculation Analyst 12 Month FTC in Redhill 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 across multiple UK locations, employees benefit from a comprehensive health and wellbeing package, generous leave, and numerous growth opportunities within a collaborative and innovative environment. Join us to make a meaningful impact in the pensions industry while enjoying a supportive workplace culture that prioritises your professional and personal development.
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Contact Detail:

Willis Towers Watson Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pension Calculation Analyst 12 Month FTC in Redhill

✨Tip Number 1

Network like a pro! Reach out to current or former employees at WTW on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by diving deep into the world of Defined Benefit pensions. Brush up on key topics like GMP Equalisation and barber period calculations. Showing off your knowledge will definitely impress the hiring team!

✨Tip Number 3

Practice your communication skills! Since you'll be collaborating with various stakeholders, being able to articulate your thoughts clearly is crucial. Try mock interviews with friends or use online platforms to refine your pitch.

✨Tip Number 4

Don’t forget to showcase your problem-solving abilities! Think of examples from your past experiences where you tackled complex issues. This will demonstrate your proactive mindset and ability to navigate ambiguity, which WTW values.

We think you need these skills to ace Pension Calculation Analyst 12 Month FTC in Redhill

Technical Expertise in Defined Benefit Pensions
Manual Calculations
Automated Calculations
Complex Calculations (e.g., Barber Period Calculations, GMP, GMP Equalisation)
Strategic Thinking
Project Ownership
Collaboration with Third Parties
Client Communication
Problem-Solving Skills
Process Optimization
Interpretation of Scheme Rules
Proactive Mindset
Adaptability to New Technology
Time Management
Proficiency in MS Excel and Word

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your technical expertise in DB pensions and any relevant projects you've worked on. We want to see how you can deliver with impact!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with WTW's mission. Show us your proactive mindset and problem-solving abilities.

Showcase Your Communication Skills: Since you'll be collaborating with various stakeholders, it's essential to demonstrate your excellent written communication skills. Make sure your application is clear, concise, and free of jargon—just like you'd communicate with clients!

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the info you need about the role and our culture there!

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 pension calculations or resolved technical queries in the past. This will demonstrate your proactive mindset and ability to navigate ambiguity, which are key traits for this position.

✨Communicate Clearly and Confidently

Practice articulating your thoughts clearly, especially when discussing technical details. Since you'll be collaborating with various stakeholders, being able to communicate effectively in meetings is crucial. Consider doing mock interviews to refine your delivery.

✨Emphasise Your Team Spirit

Highlight your experience working in virtual teams and your ability to mentor others. WTW values collaboration, so sharing instances where you've contributed to a team culture or driven process improvements will resonate well with the interviewers.

Pension Calculation Analyst 12 Month FTC in Redhill
Willis Towers Watson
Location: Redhill

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