Pension Calculation Analyst

WTW

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profile Job Location:

Surrey - UK

profile Monthly Salary: Not Disclosed
Posted on: 22 hours ago
Vacancies: 1 Vacancy

Job Summary

Description

Shape the Future of Pensions with WTW

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.

Are you passionate about precision problem-solving and making a real impact in the world of pensions This is an exciting opportunity to join WTWs Outsourcing Business as a Pensions Calculation Analyst within our Business Solutions function.

In this role youll work alongside a talented team of onshore and offshore Calculation Experts supporting a diverse portfolio of large and complex Defined Benefit (DB) pension schemes. As WTWs Outsourcing business continues to growsupporting major pension schemes LifeSight leading insurers and our OneDB propositionyoull have the chance to contribute to innovation streamline processes and help shape more efficient ways of working.

Were looking for someone with deep DB pensions expertise including a strong understanding of manual calculations or automated calculations in pension projects which may involve buy-in buy-out Guaranteed Minimum Pensions (GMP) GMP Equalisation and the Barber judgement etc. If youre a collaborative detail-driven professional ready to take on complex challenges and help modernize how pensions are deliveredwed love to have you on the team.

Your knowledge will make a real difference. Lets build the future of pensions together.

At WTW we trust you to know your work and the people tools and environment you need to be successful. The majority of our colleagues work in a hybrid(#LI-Hybrid) style with a mix of remote in-person and in office interactions dependent on the needs of the team role and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution. We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

This is a hybrid (occasionally working from office) role which can be based in Redhill Leeds Welwyn Garden City Bristol London Birmingham or Glasgow.

The Role

  • Analysing business requirements Trust Deed and Rules and other scheme documentation and planning an appropriate software solution with a focus on accuracy build efficiency and maintainability.
  • Foster a culture of quality and instill behaviour required for success.
  • Interact with third parties such as the scheme actuary and solicitors to clarify complex and technical queries.
  • Completing given tasks in a timely fashion including managing deadlines appropriately.
  • Providing an efficient professional service to meet all client needs and to promote the WTW brand.
  • Alongside other Specialist produce detailed calculation proforma from first principles and supporting automation test packs.
  • 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.


Responsibilities

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Qualifications

What youll bring

  • Strong background in UK occupational pensions including Defined Benefit schemes and historical legislation.
  • In-depth knowledge of Contracting Out requirements (e.g. GMP buy-in buy-out etc.).
  • Self-starter with ability to work effectively in ambiguous situations.
  • Quick learner adept at adopting new technologies and tools.
  • Excellent written and verbal communication skills.
  • Strong problem-solving and reasoning abilities with a solution-oriented mindset.
  • Proven ability to multi-task and collaborate in virtual teams.
  • Process-driven with flexibility to adapt approach as needed.
  • Exceptional time management and ability to meet deadlines.
  • Skilled in organizing and prioritizing workload independently.
  • Proficient in MS Excel and Word.
  • Experience in establishing standards procedures and promoting best practices..

What we offer
Enjoy a benefits package designed to help you thrive both professionally and personally. Youll 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
Were 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

(OGB2)




Required Experience:

IC

DescriptionShape the Future of Pensions with WTWAt 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...
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Key Skills

  • ArcGIS
  • Intelligence Community Experience
  • GIS
  • Python
  • Computer Networking
  • Data Collection
  • Intelligence Experience
  • R
  • Relational Databases
  • Analysis Skills
  • Data Management
  • Application Development

About Company

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At WTW we provide data-driven, insight-led solutions in the areas of people, risk and capital.

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