Calculations & Benefits Analyst (Pensions)

TL;DR

Calculations & Benefits Analyst (Pensions): Delivering pension calculation and implementation projects for new business and regulatory initiatives with an accent on UK Defined Benefit and Defined Contribution schemes. Focus on designing calculation solutions, performing UAT, and embedding new processes into BAU.

Location: Hybrid; must be based in Manchester, Reading, Croydon, Birmingham or Bristol (UK)

Company

A progressive advisory firm partnering with clients to deliver expertise in pensions, employee benefits, and wealth advisory services.

What you will do

• Design, build, and deliver pension calculation solutions and implementation projects.
• Develop and review calculation proformas, test grids, and technical documentation.
• Perform user acceptance testing (UAT) and investigate calculation discrepancies.
• Collaborate with stakeholders to embed new systems and processes into BAU.
• Communicate technical pension concepts clearly to both technical and non-technical audiences.
• Coach junior colleagues and contribute to the overall development of the team.

Requirements

• Strong understanding of UK Defined Benefit and UK Defined Contribution pension schemes.
• Advanced Excel and analytical skills with excellent attention to detail.
• Experience in calculation-based roles within defined benefit pensions.
• Proven involvement in implementations, change, and transformation projects.
• Ability to interpret scheme rules and deliver practical technical solutions.
• English: Fluent communication required for stakeholder engagement.

Culture & Benefits

• Competitive salary and market-leading bonus scheme with high-performance targets.
• Study support for professional qualifications with salary increases upon exam passes.
• Hybrid and flexible work approach to support work-life balance.
• Culture that rewards high performance, accountability, and bold communication.
• Investment in training and development to explore diverse career paths.