At a Glance
- Tasks: Perform and verify pension calculations, investigate discrepancies, and prepare professional reports.
- Company: Join XPS Group, the UK's largest pure pensions consultancy with a dynamic culture.
- Benefits: Enjoy competitive salary, flexible holidays, healthcare plans, and paid volunteer days.
- Why this job: Make a real impact in pensions while developing your skills in a supportive environment.
- Qualifications: Experience in pension calculations and strong MS Excel skills are essential.
- Other info: Be part of a diverse team committed to personal development and community engagement.
The predicted salary is between 36000 - 60000 £ per year.
XPS Pensions Group is no ordinary company. We have earned numerous awards and accolades, making us an industry leader in Pensions Consultancy. As the largest pure pensions consultancy in the UK, we are a team of approximately 2000 employees spread across 15 locations nationwide. Listed on the London Stock Exchange Main Market, we pride ourselves on our ability to think and act differently, offering expert advice to over 1600 pension schemes and administering pensions for over 1,000,000 members.
We are seeking a detail-oriented and analytical individual to join a specialised XPS team completing data assessments for insurers and trustees.
Key Responsibilities- Promote and adhere to the XPS values.
- Perform and verify pension calculations from first principles, including retirement benefits, transfer values, and death benefits.
- Investigate and resolve discrepancies in pension data and calculations.
- Apply knowledge of UK pension legislation and tax regimes to ensure compliance.
- Document findings and communicate clearly with stakeholders.
- Prepare reports and written communications in line with professional standards.
- Report to the Team Leader where tight deadlines and/or budgets have been imposed.
- Support other colleagues.
- Manipulate and analyse data using Excel and other tools to support accurate calculations.
- Support the team in meeting deadlines and maintaining high standards of accuracy.
- Prioritise and plan personal workflow, ensuring all work is appropriately checked with sufficient audit trail as each project is potentially subject to both internal and external scrutiny.
- Participate in internal technical training sessions & demonstrate application of learning.
- Identify areas where further personal training is required and report to Team Leader.
- Develop working relationships with local colleagues in other departments.
- Take a proactive role in personal development/training, and arrangement of PDRs.
- Complete timesheet accurately on a daily basis and ensure it is saved prior to the weekly deadline.
The ability to work well under time pressure and communicate findings with clarity will be necessary attributes. Previous experience in completing individual pension calculations (such as a retirement from deferred calculation) is essential. Experience of pensions administration is also fundamental to the role. An expertise in MS Excel is essential.
What We OfferEnjoy a competitive salary, annual discretionary bonus, and 25 days’ holiday with buy/sell flexibility. Benefits include pension matching, healthcare plans, life assurance, and retailer discounts. We support our team with a flexible benefits scheme, employee assistance, and digital GP service. Participating in volunteering events is encouraged with paid volunteer days available. Referral bonuses are offered for introducing suitable candidates to XPS.
How To ApplyInterested candidates should submit applications below or contact recruitment@xpsgroup.com. Join XPS Group and contribute to a dynamic and inclusive workplace.
Equal Opportunity StatementXPS Group is committed to diversity and equal opportunities. We welcome applications from all candidates, irrespective of sex, race, disability, sexual orientation, religion, or belief. As a Disability Confident employer, we ensure accessible and supportive work settings for all employees.
EligibilityAny employment offer made will be conditional upon you satisfying DBS Disclosure checks, Employment or educational references, satisfactory credit checks and eligibility to work in the UK before an offer can be made. XPS Group is not able to provide sponsorship to employees.
Who Are WeTo find out more please visit: www.xpsgroup.com
Pensions Data Analyst employer: XPS Group
Contact Detail:
XPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pensions Data Analyst
✨Tip Number 1
Network like a pro! Reach out to current employees at XPS Group on LinkedIn or through mutual connections. A friendly chat can give us insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your pension knowledge and Excel skills. We want to see you shine, so practice explaining complex calculations clearly and confidently.
✨Tip Number 3
Show off your analytical skills! Bring examples of how you've tackled data discrepancies or improved processes in previous roles. We love seeing how you think outside the box.
✨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 us you’re serious about joining the XPS team.
We think you need these skills to ace Pensions Data Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pensions Data Analyst role. Highlight your experience with pension calculations and data analysis, and don’t forget to mention your expertise in MS Excel. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about pensions and how your previous experience makes you a great fit for our team. Keep it professional but let your personality come through – we love a bit of character!
Showcase Your Attention to Detail: As a Pensions Data Analyst, attention to detail is key. In your application, provide examples of how you've successfully managed complex data or resolved discrepancies in the past. This will show us that you can handle the responsibilities of the role with precision.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s super easy and ensures your application goes straight to the right people. Plus, you’ll get to explore more about us and what we offer while you’re at it!
How to prepare for a job interview at XPS Group
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of UK pension legislation and tax regimes. Being able to discuss these topics confidently will show that you're not just familiar with the basics, but that you can apply this knowledge practically in your role as a Pensions Data Analyst.
✨Excel Skills Are Key
Since expertise in MS Excel is essential for this role, practice using advanced functions and data manipulation techniques. Be prepared to demonstrate your skills during the interview, perhaps by discussing a specific project where you used Excel to solve a problem or streamline a process.
✨Prepare for Technical Questions
Expect questions that test your understanding of pension calculations and data assessments. Review common scenarios like retirement benefits and transfer values, and be ready to explain how you would approach resolving discrepancies in pension data.
✨Showcase Your Communication Skills
As you'll need to document findings and communicate clearly with stakeholders, think of examples from your past experience where you successfully conveyed complex information. Practising how you articulate your thoughts will help you stand out as a candidate who can bridge the gap between technical details and client communication.