Technical Pensions Analyst - Defined Benefit Schemes
London
Posted 8 days ago
Early applicant
Hybrid
Full-time
Mid Level
Technical Pensions Transaction Analyst - Defined Benefit Pensions Location: London or Reigate Contract: Permanent Hours: 35 hours
Purpose This is a key role within the Defined Benefit Solutions area to support the operational set up of new transactions from exclusivity stage which includes data preparation to enable production of factor based member option outputs. Working alongside the Technical Transaction Analyst team, this role will provide support in the preparation of new scheme transitions into both the data cleanse function and production of mapped data to onboard schemes onto the member options factor tool.
Through consistency and structure in our set up, we maximise efficiency, provide clarity to all area’s involved in the transition, implementation and onboarding teams which ultimately support our service commitment to our clients and members.
About Just We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Key responsibilities Producing consistent benefit specification documentation for all new transactions. From exclusivity, or contract signing stage for small schemes, ensure data is in place within the member factors tool to enable member options to be produced. Assessment of data, which includes pricing assumptions where required, to create initial data templates for the transition team. Through analysis of contractual terms, update Flo to reflect contractual delivery dates for member option deliverables Working alongside Post Transaction Services Manager, to provide or support assessment of each new scheme to understand complexity and support needs for the data cleanse activity Support GMP Equalization work by preparing templates when required.
What we’re looking for Technical Defined Benefit knowledge Ability to work on own and to tight deadlines, maintaining exceptional standards of accuracy and attention to detail. Good organisational and prioritisation skills. Good verbal, written communication and interpersonal skills. Good analytical and issue resolution skills. An understanding of project management would be beneficial, but not essential. An understanding of DB pensions and/or Bulk annuities, pension scheme administration requirements and systems would be beneficial, but not essential. Experience working in the Bulk Purchase Annuity (BPA) or Defined Benefit industry for administrators or an insurance company required.
What’s in it for you A competitive salary, pension scheme and life assurance 25 days annual leave plus an additional day on us for your birthday Private medical cover and income protection, just in case A generous and highly achievable bonus scheme Opportunities to progress your career in-role and within the company Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders A variety of employee funded benefits available via our online benefits portal Plus, several additional purchase options available for you and your loved ones
Explore our full range of benefits on our dedicated benefits page.
Be Bold. Be Brilliant. Be Just
Skills
Technical Defined Benefit Knowledge
Data Analysis
Attention to Detail
Organizational Skills
Communication Skills
Interpersonal Skills
Analytical Skills
Issue Resolution Skills
Location
London