Calculations and Benefits Assistant Analyst

TL;DR

Calculations and Benefits Assistant Analyst (Pensions Administration): Assisting with evaluation and documentation of business processes for pensions calculation implementations and projects with an accent on creating calc proformas, test grids, and stakeholder communication. Focus on conducting user acceptance testing, investigating discrepancies, and identifying improvement opportunities.

Location: Hybrid from Croydon, Manchester, Reading, Bristol or Birmingham city centre offices.

Company

Progressive advisory firm partnering with clients on pensions, employee benefits, and wealth advisory services, supported by 10 UK offices and Big 4 heritage.

What you will do

• Assist with evaluating and documenting business processes for small to large-scale pensions implementations.
• Create and sign off robust calculation proformas and test grids.
• Conduct user acceptance testing and initial investigation of calculation discrepancies.
• Communicate designs and changes to stakeholders, technical teams, and management.
• Contribute to training materials development and identify improvement opportunities.
• Support transformation, installation, and solutions implementation, including producing presentations for stakeholders.
• Adopt risk management and governance frameworks, embedding processes into BAU.

Requirements

• Knowledge and understanding of UK Defined Benefit and UK Defined Contribution Pensions.
• Excellent Excel skills.
• Strong analytical skills, attention to detail, and pragmatic approach.
• Good communication skills and collaborative mindset.
• Dynamic, organised, with commercial outlook and entrepreneurial mindset.

Nice to have

• Experience delivering calculations of various sizes and types.
• Competency in Microsoft Word, Excel, and Outlook.
• Experience in Pensions Administration environment or modern systems.
• Excellent planning, organisational, and time management skills.

Culture & Benefits

• Competitive salary and market-leading bonus scheme with stretch targets.
• Study support for professional qualifications with salary increases for exam passes.
• Hybrid, flexible work approach supporting work-life balance.
• Career development through diverse work, training, and nationwide opportunities.
• Inclusive, equitable, and diverse workplace with values of respect and fairness.
• High-performance culture rewarding accountability and bold communication.