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Senior Pensions Data Analyst

4 months ago

Edinburgh, United Kingdom Abs Data Full time €55,000

Annuities Senior Data Analyst
Job Description: Job Type: Permanent
Edinburgh or London offices, working in your local office 2- 3 days a week and meeting with the wider team once a month
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. Salary: Up to £55,000 per annum (dependant on experience), plus bonus up to 16%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
We have an incredible opportunity for an Annuities, Senior Data Analyst to join us here at Phoenix Group as in our Client Services Team within Retirement Solutions.
We’re the UK’s largest long-term savings and retirement business. We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.
Working closely with the Data Analysts, Transition Managers and Reinsurance team, you will support many aspects of the overall BPA and Reinsurance implementation journeys. You will analyse scheme benefit specifications and complex pension datasets, to identify any system development requirements to our outsourced administrator’s framework.
You will provide support to the BPA implementation process, including checking the Data Analysts’ data and payroll reconciliation results against our outsourced administrators and challenging any differences.
Support with the validation of scheme data during implementation through to buy out ensuring all data sets are complete, accurate and fully in line with the respective benefit specifications and query logs are clear with no ambiguity.
Review, update and check models ensuring these align with the benefit specifications so bulk validations and payroll projections are accurate and querying any discrepancies with the Data Analyst and/or our outsourced Administrator.
Support the Transition Manager at Trustee and Scheme Administrator meetings with your knowledge of the scheme data by discussing data issues found and seeing these through to rectification at data cleanse.
Review and check management information ensuring accuracy to support the oversight of BPA and Reinsurance performance.
You will have good data analysis skills with experience of working with large pension datasets, with a keen eye for detail and good knowledge of Microsoft Office applications, in particular Excel.
Knowledge of Bulk Annuities and Defined Benefit pensions would be ideal, along with previous experience working with Defined Benefit pension data and/or reinsurance data, what we are looking for is the keenness and willingness to develop and progress in the role, highlighting and engaging with any training needs as appropriate.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
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