The Calculations & Benefits Analyst role sits within the Calculations & Benefits team, part of the Client Onboarding & Change division within the Pension Administration service line.
The Calculations & Benefits Analyst supports the successful delivery and ongoing operation of a range of technical pensions workstreams, including Isio’s Pensions Dashboards programme, GMPe and client onboarding. The role involves keeping technical benefit specifications up to date, supporting the onboarding of new schemes, and developing and maintaining bespoke calculation solutions. The role will initially focus on Pensions Dashboards, supporting delivery in line with regulatory dashboard refresh requirements.
The role will work closely with the Administration business, in particular the Admin Systems and Admin BAU teams, as well as stakeholders from across Isio and third parties.
This role can be based in our Reading, Birmingham, Manchester, Croydon or Bristol city centre office with a hybrid workstyle.
What does the role entail?
- Play an active role within the team, supporting Pensions Dashboards activities or bespoke calculation projects and working towards agreed priorities and regulatory deadlines.
- Work with stakeholders to understand requirements, respond to queries and provide progress updates.
- Ensure changes to scheme benefits are accurately reflected in the scheme benefit specification.
- Apply excellent pensions knowledge and a strong understanding of pensions calculations to deliver accurate technical solutions.
- Support the successful connection of new administration clients to the Pensions Dashboard.
- Follow relevant operational processes, procedures and controls.
- Work as part of the team, sharing knowledge and supporting colleagues to deliver effective solutions.
What we’re looking for
Essential
- Strong knowledge of UK DB pension schemes and scheme rules
- Understanding of complex pension benefit calculations
- Excellent Excel skills
- Support stakeholder communication
- Effective planning and organisation skills
- Excellent attention to detail
- Strong analytical and problem-solving skills
Desirable
- Knowledge of Pensions Dashboard legislation, regulatory guidance and technical standards.
- Some experience of designing, testing and maintaining automated or bespoke calculation solutions.
What you can expect in return
- A competitive salary and market leading bonus scheme
About Isio
A progressive advisory firm, partnering with clients of all sizes to deliver expertise in pensions, employee benefits and wealth advisory services. Working with pension trustees, employers, individuals, families and their offices, we are supported by talented colleagues across 10 UK offices. With a Big 4 heritage we combine a strong focus on quality with a fresh perspective challenging traditional thinking.
We can offer a hybrid, flexible approach to work, supporting a work-life balance that works for you. Isio Group is an equal opportunities employer, and we welcome applications from all suitably qualified candidates.