Senior Pensions Calculation Analyst
Senior Pensions Calculation Analyst

Senior Pensions Calculation Analyst

Welwyn Garden City Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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Willis Towers Watson

At a Glance

  • Tasks: Lead complex pension calculations and create tailored solutions for clients.
  • Company: Join WTW, a leader in the pensions industry with a focus on innovation.
  • Benefits: Enjoy flexible working arrangements, competitive salary, and a supportive team environment.
  • Why this job: Make a real impact in the pensions sector while collaborating with passionate professionals.
  • Qualifications: Strong background in UK occupational pensions and excellent problem-solving skills.
  • Other info: Embrace diversity and inclusivity in a dynamic workplace with growth opportunities.

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

Description

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

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 Pensions Calculation Analyst within the Business Solutions function of our Outsourcing Business Technology team.

In this role, you’ll work alongside a highly skilled team of onshore and offshore specialists, supporting a wide range of Defined Benefit (DB) occupational pension schemes. As WTW continues its impressive growth—partnering with some of the largest pension schemes, delivering for LifeSight, supporting leading insurers, and rolling out our innovative OneDB proposition—you’ll play a key role in driving technical excellence, improving ways of working, and creating greater efficiency across our delivery model.

We’re looking for someone with deep expertise in DB pensions, especially in areas such as Guaranteed Minimum Pensions (GMP), GMP Equalisation, and Barber period calculations. You’ll bring both strategic insight and hands-on skill to lead complex work, mentor others, and help shape smarter, scalable solutions.

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

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.

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

The Requirements

  • 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.
  • 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.

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.

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Senior Pensions Calculation Analyst employer: Willis Towers Watson

WTW is an exceptional employer that prioritises employee growth and inclusivity, offering a dynamic work culture where flexibility is embraced. As a Senior Pensions Calculation Analyst, you will collaborate with a talented team, driving innovation in the pensions industry while enjoying opportunities for professional development and a supportive hybrid working environment. Join us to make a meaningful impact and be part of a diverse workforce that values your unique contributions.
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

✨Tip Number 1

Network like a pro! Reach out to your connections in the pensions industry, especially those who work at WTW. A friendly chat can open doors and give you insider info on what they're looking for.

✨Tip Number 2

Prepare for those interviews by brushing up on your technical knowledge. Make sure you can confidently discuss topics like GMP and DB schemes. We want you to shine and show off that expertise!

✨Tip Number 3

Practice your communication skills! Whether it's a video call or an in-person meeting, being able to express your ideas clearly will set you apart. Remember, confidence is key!

✨Tip Number 4

Don’t forget to apply through our website! It’s super easy and keeps everything organised. Plus, it shows you're serious about joining the WTW team. Let’s get you that dream job!

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

UK Occupational Pensions Knowledge
Guaranteed Minimum Pensions (GMP)
GMP Equalisation
Barber Period Calculations
Technical Problem-Solving
Client Interaction Skills
Project Delivery Accountability
End-to-End Automation Development
Continuous Improvement Initiatives
Strong Written and Verbal Communication
Time Management
MS Excel
MS Word
Unix-based Operating Systems Knowledge
SQL

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, especially in areas like GMP and Barber period calculations. We want to see how your skills align with what we’re looking for!

Showcase Your Problem-Solving Skills: In your application, don’t shy away from sharing examples of how you've tackled complex issues in the past. We love seeing candidates who can think critically and implement effective solutions.

Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to express your ideas and experiences, as strong communication skills are key for this role.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s quick and easy—just use your email to get started, and we’ll take care of the rest!

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 Guaranteed Minimum Pensions and GMP Equalisation. Being able to discuss these topics confidently will show that you’re not just familiar with the basics but have a deep understanding of the complexities involved.

✨Showcase Your Problem-Solving Skills

Prepare examples of how you've tackled complex calculations or client queries in the past. WTW values strategic insight and hands-on skills, so demonstrating your ability to think through problems and implement effective solutions will set you apart.

✨Communicate Clearly and Confidently

Practice articulating your ideas clearly, especially in a virtual setting. Since you'll be interacting with various stakeholders, being able to express your thoughts succinctly during conference calls is crucial. Consider doing mock interviews to refine your communication style.

✨Embrace Flexibility and Teamwork

Familiarise yourself with the hybrid working model and be ready to discuss how you can adapt to different working environments. Highlight your experience working in virtual teams and your ability to collaborate effectively, as this aligns with WTW's culture of inclusivity and teamwork.

Senior Pensions Calculation Analyst
Willis Towers Watson
Location: Welwyn Garden City
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