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 £ 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 will 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 Reigate employer: 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 Reigate
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions industry, attend relevant events, and engage with professionals on platforms like LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge of DB pensions. Be ready to discuss complex calculations and share examples of how you've tackled similar challenges in the past. Confidence is key!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Think of specific instances where you identified issues and implemented solutions. This will demonstrate your ability to think strategically and work effectively within a team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at WTW and contributing to our mission.
We think you need these skills to ace Senior Pensions Calculation Analyst in Reigate
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 written application, give examples of how you've tackled complex calculations or challenges in the past. We love seeing candidates who can think critically and come up with practical solutions!
Be Clear and Concise: Keep your writing straightforward and to the point. Use clear language to describe your experiences and achievements. We appreciate a well-structured application that’s easy to read!
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 to do!
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 effective 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. Remember, clarity is key when dealing with complex queries!
✨Embrace the Culture of Inclusivity
Familiarise yourself with WTW's commitment to diversity and inclusivity. Be prepared to discuss how you can contribute to this culture and share any experiences that highlight your ability to work in diverse teams. This will show that you align with their values and are ready to make a positive impact.