Spence & Partners
Business Analyst

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About Us
3173 is a privately owned UK firm of pensions experts with clients throughout the UK, serviced from offices in London, Belfast, Glasgow, Manchester, Birmingham, Bristol, and Leeds.
The 3173 Group of companies includes Dalriada Trustees Limited (Dalriada), one of the UK’s largest professional pension scheme trustee companies. Spence & Partners provides full pension actuarial, consulting, investment consulting, and administration services that provide simply smarter solutions for trustees, employers, and members. Mantle reimagines the traditional models of defined benefit pensions administration and actuarial valuation software.
The 3173 Culture
Our primary aim is to provide interesting, worthwhile, and healthy careers for all our people; we believe that this emphasis sets us apart from our competitors.
We are defined by our ethos and by our goal:
- Our ethos is an individual and collective commitment achieved through carefully balancing responsibility with freedom and flexibility, all of which is underpinned by a willingness to work interdependently. When we get this balance right, it is how we do our best work.
- We look after our staff first and foremost, but for a commercial purpose, which is to deliver great service profitably. By focusing on our goal, we provide the best outcomes for pension scheme members, trustees, and employers.
About You
We are seeking an experienced Business Analyst on an initial 6-month contract based in Belfast. This role will support the delivery across the portfolio of business and technology change initiatives across 3173.
Working closely with stakeholders across Sales, Marketing, Operations, Technology, and Compliance, you will play a key role in shaping requirements, improving processes, and ensuring that change initiatives deliver tangible business value. The focus is on capturing robust business requirements, defining detailed functional and non-functional requirements, and producing current and future state process maps and documenting test plans.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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This role is well suited to a contractor who enjoys bringing structure to ambiguity, operating in fast-moving environments, and supporting the delivery of core systems during periods of growth and transformation. The engagement is outcome-driven, collaborative, and delivery-focused.
This role requires two days per week onsite in Belfast, and occasional travel to other UK offices may be required.
Responsibilities & Criteria
Discovery & Analysis
- Lead workshops, interviews, and discovery sessions to identify business needs, pain points, and opportunities for improvement.
- Analyse and map current-state processes and data flows, documenting issues and constraints.
- Design and map future-state processes and workflows aligned to best practice and 3173’s operating model.
Requirements & Design
- Produce clear, high-quality functional requirements, user stories, acceptance criteria, and supporting documentation.
- Translate business requirements into actionable inputs for technical teams and implementation partners.
- Support solution design by evaluating options against business, regulatory, and data requirements.
- Proactively identify gaps, ambiguities, dependencies, and delivery risks.
Delivery & Validation
- Work closely with developers, consultants, and project teams to deliver scalable, user-centric solutions.
- Contribute to solution walkthroughs, design reviews, and governance forums as required.
- Define test scenarios and support User Acceptance Testing (UAT), documenting outcomes, defects, and decisions.
- Ensure feedback is captured, prioritised, and addressed in a structured manner.
Change & Adoption
- Support user adoption through clear documentation, stakeholder engagement, and contribution to training materials.
- Champion continuous improvement and user experience throughout the delivery lifecycle.
- Communicate progress, risks, and decisions clearly and professionally to stakeholders.
- Support wider change-management activity across the portfolio where required.


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Required Experience & Profile
- Strong experience as a Business Analyst or consultant.
- Experience within the pensions industry (preferred) or financial services.
- Solid understanding of data models, workflows, automation, integrations, and user roles.
- Proven ability to operate effectively in environments with evolving requirements and multiple cross-functional dependencies.
- Comfortable working autonomously while collaborating closely with technical and non-technical stakeholders.
- Strong communication, documentation, and facilitation skills.
- Delivery-focused mindset with a pragmatic, structured approach to problem-solving.
Applying with a disability or long-term health condition?
As part of our belief that we benefit from the differences among us, we are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. As part of this commitment, we guarantee to automatically interview anyone with a disability who meets the minimum criteria.
If there is support or an adjustment that we can provide to enable you to be at your best during the recruitment and selection process, we encourage you to advise us in good time so that we may make suitable arrangements. We understand that being open with us may feel uncomfortable, so please only share with us the information that you are comfortable to share, and rest assured that we will use this only to provide you with the right support. Any information you give us will be treated completely confidentially. To discuss this further, please call 028 9041 2000 and ask to speak to a member of the People & Culture team.
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