Senior Pensions Calculation Analyst
Senior Pensions Calculation Analyst

Senior Pensions Calculation Analyst

Redhill Full-Time 36000 - 60000 £ / year (est.) No home office possible
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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 collaborative culture.
  • Benefits: Enjoy flexible working, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact on millions by shaping the future of pensions.
  • Qualifications: Strong background in UK occupational pensions and problem-solving skills required.
  • Other info: Diverse and inclusive workplace with excellent career advancement opportunities.

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

Overview

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 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 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.

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

What you’ll bring

  • 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. 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

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Senior Pensions Calculation Analyst employer: WTW

WTW is an exceptional employer that prioritises flexibility and inclusivity, allowing employees to thrive in a hybrid work environment tailored to their needs. With a strong commitment to professional development, WTW offers ample opportunities for growth within the pensions sector, empowering you to lead impactful projects while collaborating with a diverse team of experts. Join us in shaping the future of pensions and making a meaningful difference in the lives of millions.
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Contact Detail:

WTW 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 and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge, especially around DB pensions and GMP calculations. We want you to feel confident discussing your expertise and how it can benefit WTW.

✨Tip Number 3

Showcase your problem-solving skills during interviews. Think of examples where you've tackled complex issues in pensions and how you delivered effective solutions. This will highlight your value to potential employers.

✨Tip Number 4

Don't forget to apply through our website! It’s super easy and keeps everything organised. Plus, we love seeing applications directly from our site—it shows you're keen on joining the WTW family!

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

Deep expertise in Defined Benefit (DB) pensions
Knowledge of Guaranteed Minimum Pensions (GMP)
GMP Equalisation
Barber period calculations
Strong written and verbal communication skills
Problem-solving skills
Ability to work on virtual teams
Process-driven approach
Time management skills
MS Excel proficiency
MS Word proficiency
Understanding of Contracting Out Requirements
Knowledge of UK Pensions Legislation
Adaptability to new technology and tools
Experience in project delivery

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Pensions Calculation Specialist role. Highlight your experience with Defined Benefit pensions and any specific projects you've led that relate to GMP or Barber period calculations.

Showcase Your Skills: Don’t just list your skills—demonstrate them! Use examples from your past work to show how you’ve tackled complex problems and delivered exceptional client experiences. This is your chance to shine!

Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it’s relevant to the role. We want to see your expertise without getting lost in unnecessary details.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It’s quick and easy, and you’ll be able to keep your profile updated automatically as you apply for different roles with us!

How to prepare for a job interview at WTW

✨Know Your Pensions Inside Out

Make sure you brush up on your knowledge of Defined Benefit pensions, especially Guaranteed Minimum Pensions (GMP) 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 be ready to demonstrate your ability to think critically and implement effective solutions.

✨Practice Your Communication

Since you'll be interacting with various stakeholders, practice articulating your ideas clearly. Whether it’s during a conference call or in person, being able to express complex information simply will set you apart from other candidates.

✨Emphasise Flexibility and Teamwork

With WTW's hybrid working model, highlight your adaptability and experience working in diverse teams. Share examples of how you've collaborated effectively, whether remotely or in person, to achieve common goals.

Senior Pensions Calculation Analyst
WTW
Location: Redhill

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