At a Glance
- Tasks: Ensure accurate pension calculations and support system development.
- Company: Dynamic company in County Durham with a focus on diversity.
- Benefits: Excellent salary, hybrid work, and opportunities for growth.
- Other info: Collaborative environment with a commitment to diversity.
- Why this job: Join a team making a real difference in pension management.
- Qualifications: Strong knowledge of Defined Benefit pensions and analytical skills.
The predicted salary is between 30000 - 40000 £ per year.
We’re looking for a Technical Calculation Analyst to ensure accurate pension and benefit calculations across multiple schemes, supporting both system development and daily operations.
Responsibilities
- Test, maintain, and improve pension calculation tools
- Create and document test plans
- Support system updates and statutory changes
- Perform manual benefit calculations and investigate complex calculation queries
- Escalate and clarify issues with internal/external stakeholders
- Collaborate across teams to understand risks and system impacts
About You
- Strong knowledge of Defined Benefit pensions (incl. CARE)
- Experience with benefit calculations and pension administration
- Excellent analytical and numerical skills
- Clear documentation and audit‑trail skills
- Confident Excel user
Recruiting on the basis of Talent, we are committed to supporting and promoting diversity in the workplace and consider all applications.
Any salary advertised is for search purposes only. If you have not heard from us within 7 days you will have not been successful on this occasion, however, we would welcome your application for alternative vacancies.
Pensions Technical Calculation Analyst employer: www.sammons.co.uk
Join a forward-thinking company in County Durham, where as a Pensions Technical Calculation Analyst, you will thrive in a supportive hybrid work environment that values diversity and employee growth. With excellent salary packages and opportunities for professional development, you will be part of a collaborative culture that encourages innovation and continuous improvement in pension calculations and system enhancements.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Technical Calculation Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the pensions industry, especially those who work with Defined Benefit schemes. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Brush up on your Excel skills! Since you're applying for a role that requires confident Excel use, consider doing a quick online course or tutorial. Show off your skills during interviews by discussing how you've used Excel in past roles.
✨Tip Number 3
Prepare for those tricky calculation queries! Think of some complex scenarios you might face in the role and practice explaining how you'd tackle them. This will show your analytical skills and readiness to dive into the job.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Pensions Technical Calculation Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience with Defined Benefit pensions and benefit calculations. We want to see how your skills match the role, so don’t be shy about showcasing your analytical prowess!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about pension calculations and how your previous experiences have prepared you for this role. Let us know what excites you about working with us at StudySmarter.
Be Clear and Concise:When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to complex topics like pension calculations. Make it easy for us to see your qualifications!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at www.sammons.co.uk
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of Defined Benefit pensions, especially the specifics of CARE. Being able to discuss these concepts confidently will show that you're not just familiar with the terminology but can also apply it practically.
✨Excel Skills Are Key
Since the role requires a confident Excel user, practice your skills before the interview. Be ready to discuss how you've used Excel in past roles, particularly for calculations or data analysis, and maybe even prepare to demonstrate your proficiency if asked.
✨Prepare for Complex Calculation Queries
Think about some complex calculation queries you've encountered in previous roles. Be prepared to explain how you approached these issues, what steps you took to resolve them, and how you communicated with stakeholders throughout the process.
✨Documentation is Crucial
Since clear documentation and audit-trail skills are essential, come prepared with examples of how you've documented processes or created test plans in the past. This will highlight your attention to detail and your ability to maintain clarity in your work.
